When was NovaData Solutions founded?

NovaData Solutions was founded in 2021 and raised its 1st funding round 1 year after it was founded.

Where is NovaData Solutions located?

NovaData Solutions is headquartered in Haverford, United States. It is registered at Sat BaÅta, Comuna Secuieni, JudeÈ NeamÈ, Cod poÈtal 5563.

Who is the current CEO of NovaData Solutions?

Anthony Troy of NovaData Solutions. They have also founded 1 company.

How many employees does NovaData Solutions have?

As of Sep 30, 2026, the latest employee count at NovaData Solutions is 11.

Is NovaData Solutions a funded company?

NovaData Solutions is a funded company, having raised a total of $7.43M across 4 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Aug 31, 2022.

When was the latest funding round of NovaData Solutions?

NovaData Solutions' latest funding was a $***** Series B round on May 01, 2026, with participation from 0 investor. Its primary sector is Insurance IT. In United States, the Insurance IT sector has seen $1.09B in funding in 2026 to date.

Where does NovaData Solutions rank among its competitors?

NovaData Solutions ranks 20th amongst 294 active competitors, of which 42 are funded. It stands 7th in terms of total funding among its competitors. The most recent competitor to raise funding was NovaData Solutions, which secured $1.69M in May, 2026.

Who are the top competitors of NovaData Solutions?

NovaData Solutions' top competitors include CLARA analytics, Sprout.ai and Ontellus. Among them, NovaData Solutions secured the most recent funding round in May, 2026.

NovaData Solutions - 2026 Company Profile, Team, Funding & Competitors

NovaData Solutions is a series B company based in Haverford (United States), founded in 2021 by Anthony Troy. It operates as a Platform for automated invoice review and processing for property claims. NovaData Solutions has raised $7.43M in funding from Activate Venture Partners. The company has 294 active competitors, including 42 funded and 21 that have exited. Its top competitors include companies like CLARA analytics, Sprout.ai and Ontellus.

Company Details

Platform for automated invoice review and processing for property claims. The platform leverages advanced data strategies and AI learning to drive operational efficiencies and increase recoveries for property claims.

Website: novadata-solutions.com
Registered Address: Sat BaÅta, Comuna Secuieni, JudeÈ NeamÈ, Cod poÈtal 5563

Key Metrics

Founded Year

2021

Location

Haverford, United States

Stage

Series B

Total Funding

$7.43M in 4 rounds

Latest Funding Round

Series B, May 01, 2026, $*****

Investors

Activate Venture Partners & 1 more

Ranked

20^th among 294 active competitors

Employee Count

11 as on Sep 30, 2026

Similar Companies

Yarowa & 24 more

View NovaData Solutions' full profile

NovaData Solutions is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Reports
SAMOS COM SRL CIN: 6338206 , Romania, Active		-	-	-

NovaData Solutions has raised a total funding of $7.43M over 4 rounds. Its first funding round was on Aug 31, 2022. NovaData Solutions has 2 institutional investors.

Here is the list of recent funding rounds of NovaData Solutions:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
May 01, 2026	4935884	Series B	5179639	7780320	5584576	8576077
Feb 03, 2025	4701283	Series A	9656490	6305609	4630455	8855822
Feb 01, 2024	8271374	Series A	9356022	7677842	Activate Venture Partners	Ben Franklin Technology Partners

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View details of NovaData Solutions's funding rounds and investors

The founders of NovaData Solutions is Anthony Troy. Anthony Troy is the CEO of NovaData Solutions.

Here are the details of NovaData Solutions' key team members:

Anthony Troy: Co-Founder & CEO of NovaData Solutions.

View details of NovaData Solutions's Founder profiles and Board Members

NovaData Solutions' employee count trend

NovaData Solutions has 11 employees as of Sep 26. Here is NovaData Solutions's employee count trend over the years:

Employee count trend for NovaData Solutions

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Top competitors of NovaData Solutions include CLARA analytics, Sprout.ai and Ontellus. Here is the list of Top 10 competitors of NovaData Solutions, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	CLARA analytics 2016, Santa Clara (United States), Series C	Workers' Compensation claims management with predictive analytics	$64M	Oak HC/FT, Spring Lake Equity Partners & 4 others	63/100
2nd	Sprout.ai 2018, London (United Kingdom), Series A	AI-based software suite for personal and commercial insurers	$38.3M	Amadeus Capital, Octopus Ventures & 33 others	62/100
3rd	Ontellus 1975, Houston (United States), Acquired	Provider of records retrieval services for insurance claims and litigation. It offers services to insurance companies, law firms, and custodians. The company facilitates the secure retrieval and delivery of medical, social media, and other relevant records. Its services include record organization, analysis, and summary tools to streamline the claims and litigation processes. A secure online portal is provided for efficient record access and management.	-	Aquiline Capital Partners, Stellus Capital Management ... & 1 others	59/100
4th	WeGoLook 2009, Oklahoma City (United States), Acquired	Claim processing and inspection solutions	$3.35M	Tech Coast Angels, Plains Ventures & 2 others	55/100
5th	Elysian Nashville (United States), Series A	Provider of AI-native third-party administration for commercial property and casualty claims	$9M	Portage, American Family Ventures & 3 others	54/100
6th	Assured Insurance Technologies 2019, Palo Alto (United States), Seed	Provider of SaaS claims processing solutions for P&C insurers	-	Poalim Equity, DCM Ventures & 16 others	54/100
7th	Omnius 2015, Berlin (Germany), Acquired	Provider of AI solutions for insurance claims processing and automation	$52.7M	MMC Ventures, Baloise & 24 others	53/100
8th	Enlyte 2002, San Diego (United States), Funding Raised	Provider of technology and clinical services for insurance claims management	-	Stone Point Capital, Europa	52/100
9th	Yarowa 2017, Zug (Switzerland), Series A	Digital marketplace and transaction platform aggregating vendors and solutions	$12.9M	Eos Ventures, Helvetic Trust & 2 others	51/100
10th	Strala 2024, San Francisco (United States), Series B	Provider of AI-assisted claims handling and third-party administrator (TPA) solutions	$55.6M	Emergence Capital, Entrepreneurs First	50/100
20th	NovaData Solutions 2021, Haverford (United States), Series B	Platform for automated invoice review and processing for property claims	$7.43M	Activate Venture Partners, Ben Franklin Technology Partners ... Read more	42/100