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Artificial Intelligence

Novi Labs: Funding, Investors & Team (Sep 2026)

Novi builds artificial intelligence driven business applications that help the Oil & Gas industry optimize the economic value of drilling programs. Discover pre-drill insights in production, completions and geological data. Their machine learning and advanced analytics software is designed for petroleum engineers to optimize shale field development planning. Experiment with data, not the drill bit.

www.novilabs.com LinkedIn Austin, United States 11-50 employees
Artificial Intelligence (AI) Computer Machine Learning Software B2B
Total raised
$35.0M
Rounds
1
Latest
Undisclosed round
Jun 2025

Novi Labs has raised $35.0M across 1 funding round on record, the most recent an undisclosed round of $35.0M announced in Jun 2025.

That round is above the $5.8M median round size for Artificial Intelligence companies tracked on FundedIQ over the last two years.

Novi Labs Company Profile and Key Stats

Total funding raised
$35.0M
across 1 round on record
Funding rounds on record
1
Latest funding round
Undisclosed round
$35.0M in Jun 2025
Employees
11-50
reported band
Headquarters
Austin, United States

Latest funding round on record: Jun 2025.

Novi Labs Funding Rounds

Date
Round
Amount
Undisclosed round
$35.0M

Novi Labs Founders and Leadership Team

Name
Role
Contact
Jon Ludwig
Founder
Locked

Contact details for the Novi Labs team: 1 of 1 has an email address on file.

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Novi Labs Funding Compared to Other Artificial Intelligence Startups

Segment
Companies
Median round

Novi Labs' latest round of $35.0M is above the median round in Artificial Intelligence. Medians cover the last 24 months of disclosed rounds.

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Novi Labs Funding FAQs

What does Novi Labs do?

Novi builds artificial intelligence driven business applications that help the Oil & Gas industry optimize the economic value of drilling programs. Discover pre-drill insights in production, completions and geological data. Their machine learning and advanced analytics software is designed for petroleum engineers to optimize shale field development planning. Experiment with data, not the drill bit.

How much funding has Novi Labs raised?

Novi Labs has raised $35.0M across 1 round on record. The most recent is an undisclosed round of $35.0M announced in Jun 2025.

When did Novi Labs last raise funding?

Novi Labs' most recent funding round on record is an undisclosed round of $35.0M, announced in Jun 2025.

Who founded Novi Labs?

FundedIQ lists Jon Ludwig (Founder) at Novi Labs.

Where is Novi Labs headquartered?

Novi Labs is based in Austin, Texas, United States.

How many employees does Novi Labs have?

Novi Labs is in the 11-50 employee band.

How does Novi Labs' funding compare to other Artificial Intelligence startups?

Novi Labs' latest round of $35.0M is above the $5.8M median round size for Artificial Intelligence companies on FundedIQ across 7,237 tracked companies over the last two years.

About FundedIQ's Novi Labs Funding Data

FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.

Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Novi Labs is left off this page rather than filled in.

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