Novalte - About the company
Novalte is a seed company based in Cambridge (Canada), founded in 2014 by Michael Cullen and Fredrico Coutinho. It operates as a Provider of smart assistive ecosystem for individuals with upper mobility issues. Novalte has raised $30K in funding from Accelerator Centre. The company has 31 active competitors, including 4 funded and 2 that have exited. Its top competitors include companies like InteliCare, Wisdom.io and HouseMate.
Company Details
Provider of smart assistive ecosystem for individuals with upper mobility issues. Its offering is Emitto, a cloud-based device that can connect with multiple smart devices, it can be operated with voice, accessible switches, smartphone, Google Home, and more.
- Website
- novalte.ca
- Email ID
- *****@novalte.ca
- Phone Number
- +1 **********
- Registered Address
- 11 Dervock Crescent, Apt 417, Toronto
Key Metrics
Founded Year
2014
Location
Cambridge, Canada
Stage
Seed
Total Funding
$30K in 1 round
Latest Funding Round
Investors
Ranked
8th among 31 active competitors
Employee Count
4 as on Jul 01, 2024
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Legal entities associated with Novalte
Novalte is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
NovAlte Inc. CIN: 871508-4 , Canada, Active | Dec 03, 2013 | - | - | - |
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Novalte's funding and investors
Novalte has raised a total funding of $30K over 1 round. Its latest funding round was a Seed round on Jun 13, 2018 for $*****. 1 investor participated in its latest round. Novalte has 2 institutional investors.
Here is the list of recent funding rounds of Novalte:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jun 13, 2018 | 6546490 | Seed | 3880817 | 9443694 | 9275203 | 1822659 |
View details of Novalte's funding rounds and investors
Novalte's founders and board of directors
Founder? Claim ProfileThe founders of Novalte are Michael Cullen and Fredrico Coutinho.
Here are the details of Novalte's key team members:
- Michael Cullen: Co-Founder & CEO of Novalte.
- Fredrico Coutinho: Co-Founder & COO of Novalte.
Novalte's Board of Directors
Novalte's board has 1 active member. Michael Cullen is independent board member.Here is the list of Novalte's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Independent board member | - | Current | 12y 4m |
View details of Novalte's Founder profiles and Board Members
Novalte's employee count trend
Novalte has 4 employees as of Jul 24. Here is Novalte's employee count trend over the years:
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Novalte's Competitors and alternates
Top competitors of Novalte include InteliCare, Wisdom.io and HouseMate. Here is the list of Top 10 competitors of Novalte, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | InteliCare 2017, Perth (Australia), Public | Provider of smart home monitoring devices for ageing and disabled people | - | 43/100 | |
2nd | Wisdom.io 2023, New York City (United States), Seed | Provider of smart home care system for older adults | $100K | 39/100 | |
3rd | Provider of assistive devices for the disabled | - | - | 33/100 | |
4th | Vayyar Home 2020, Yehud (Israel), Unfunded | Provider of sensors for fall detection | - | - | 33/100 |
5th | Alertacall 2004, Ambleside (United Kingdom), Seed | Provider of a communication platform for housing colonies | $2.11M | 31/100 | |
6th | Canary 2013, Colchester (United Kingdom), Acquired | Provider of an elderly home monitoring systems | $1.05M | 30/100 | |
7th | BrainSavers 2004, Phoenix (United States), Seed | Provider of smart devices for brain health management | $1.2M | - | 29/100 |
8th | Provider of smart assistive ecosystem for individuals with upper mobility issues | $30K | 28/100 | ||
9th | SAJE Technology 2005, Hoffman Estates (United States), Unfunded | Provider of home automation solution for disabled individuals | - | - | 25/100 |
10th | Ariel Care 2020, Seven Hills (Australia), Unfunded | Provider of artificial intelligence solutions for the disability sector | - | - | 24/100 |
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Novalte's Investments and acquisitions
Novalte has made no investments or acquisitions yet.
Reports related to Novalte
Here is the latest report on Novalte's sector:
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