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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
Social
XFacebook
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
Ranked
Employee Count
4 as on Jul 01, 2024
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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
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Novalte's founders and board of directors

Founder? Claim Profile
The founders of Novalte are Michael Cullen and Fredrico Coutinho.
Here are the details of Novalte's key team members:

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

Novalte's employee count trend

Novalte has 4 employees as of Jul 24. Here is Novalte's employee count trend over the years:
Employee count trend for Novalte
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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:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for InteliCare
InteliCare
2017, Perth (Australia), Public
Provider of smart home monitoring devices for ageing and disabled people
-
43/100
2nd
Logo for Wisdom.io
Wisdom.io
2023, New York City (United States), Seed
Provider of smart home care system for older adults
$100K
39/100
3rd
Logo for HouseMate
HouseMate
1997, Kilkenny (Ireland), Unfunded
Provider of assistive devices for the disabled
-
-
33/100
4th
Logo for Vayyar Home
Vayyar Home
2020, Yehud (Israel), Unfunded
Provider of sensors for fall detection
-
-
33/100
5th
Logo for Alertacall
Alertacall
2004, Ambleside (United Kingdom), Seed
Provider of a communication platform for housing colonies
$2.11M
31/100
6th
Logo for Canary
Canary
2013, Colchester (United Kingdom), Acquired
Provider of an elderly home monitoring systems
$1.05M
30/100
7th
Logo for BrainSavers
BrainSavers
2004, Phoenix (United States), Seed
Provider of smart devices for brain health management
$1.2M
-
29/100
8th
Logo for Novalte
Novalte
2014, Cambridge (Canada), Seed
Provider of smart assistive ecosystem for individuals with upper mobility issues
$30K
28/100
9th
Logo for SAJE Technology
SAJE Technology
2005, Hoffman Estates (United States), Unfunded
Provider of home automation solution for disabled individuals
-
-
25/100
10th
Logo for Ariel Care
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:

FAQs about Novalte

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