When was Novella founded?

Novella was founded in 2024 and raised its 1st funding round 2 years after it was founded.

Where is Novella located?

Novella is headquartered in New York, United States.

How many employees does Novella have?

As of Jun 30, 2026, the latest employee count at Novella is 33.

Is Novella a funded company?

Novella is a funded company, having raised a total of $***** in its 1st and only funding round, a Series B round on May 15, 2026.

When was the latest funding round of Novella?

Novella's latest funding was a $***** Series B round on May 15, 2026, with participation from 7 investors.

Where does Novella rank among its competitors?

Novella ranks 6th amongst 78 active competitors, of which 4 are funded. It stands 2nd in terms of total funding among its competitors. The most recent competitor to raise funding was Novella, which secured $21M in May, 2026.

Who are the top competitors of Novella?

Novella's top competitors include Intact, Boost and Hastings Direct. Among them, Novella secured the most recent funding round in May, 2026.

Novella - 2026 Company Profile, Team, Funding & Competitors

Novella is a series B company based in New York (United States), founded in 2024. It operates as a Provider of wholesale insurance brokerage services for commercial and specialty lines. Novella has raised $21M in funding from Brewer Lane Ventures. The company has 78 active competitors, including 4 funded and 16 that have exited. Its top competitors include companies like Intact, Boost and Hastings Direct.

Company Details

Provider of wholesale insurance brokerage services for commercial and specialty lines. The company offers access to various markets for property, liability, and other commercial insurance products. It provides brokers with tools for submission tracking and quote management. The company focuses on assisting brokers in securing coverage for complex customer needs.

Website: www.bynovella.com/
Email ID: *****@bynovella.com

Key Metrics

Founded Year

2024

Location

New York, United States

Stage

Series B

Total Funding

$21M in 1 round

Latest Funding Round

Series B, May 15, 2026, $*****

Investors

Brewer Lane Ventures & 7 more

Ranked

6^th among 78 active competitors

Employee Count

33 as on Jun 30, 2026

Similar Companies

Intact & 77 more

View Novella's full profile

Novella has raised a total funding of $21M over 1 round. Its latest funding round was a Series B round on May 15, 2026 for $*****. 7 investors participated in its latest round. Novella has 7 institutional investors and 1 angel investor.

Here is the list of recent funding rounds of Novella:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
May 15, 2026	7908554	Series B	5684447	1987231	6370738	7461281

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View details of Novella's funding rounds and investors

Novella's employee count trend

Novella has 33 employees as of Jun 26. Here is Novella's employee count trend over the years:

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Top competitors of Novella include Intact, Boost and Hastings Direct. Here is the list of Top 10 competitors of Novella, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Intact 1905, Toronto (Canada), Acquired	Provider of insurance brokerage services	-	-	62/100
2nd	Boost 2017, New York City (United States), Series B	Provider of infrastructure for digital insurance programs, MGAs, and embedded insurance	$37M	Greycroft, RRE Ventures & 14 others	60/100
3rd	Hastings Direct 1997, Sussex (United States), Acquired	Internet first property and casualty insurance broker	-	-	48/100
4th	Oakbridge Insurance Agency 2020, Atlanta (United States), Acquired	Insurance brokerage firm	-	Corsair Capital	46/100
5th	Howden Broking 1994, London (United Kingdom), Funding Raised	Provider of insurance brokerage services	-	Hg	41/100
6th	Novella 2024, New York (United States), Series B	Provider of wholesale insurance brokerage services for commercial and specialty lines	$21M	Brewer Lane Ventures, Verissimo Ventures & 6 others	39/100
7th	N2G Jersey City (United States), Unfunded	-	-	-	38/100
8th	Loomisco 1996, Wyomissing (United States), Unfunded	-	-	-	33/100
9th	Estaly 2022, Paris (France), Seed	Provider of insurance services	$3.84M	OneRagtime, CDG	31/100
10th	ARAG Legal Services UK 2006, Bristol (United Kingdom), Unfunded	Provider of legal expense insurance solutions	-	-	29/100