Novo is a digital banking platform that aims to offer entrepreneurs and small businesses no-fee solutions to help better track business spending and runway. With a mission to empower customers with their financial data, Novo features solutions such as funding, payroll, invoices, integrations, and partner perks. Novo was founded by Michael Rangel and Tyler McIntyre in 2016 and is headquartered in Miami, Fl.

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To invest in Novo pre-IPO

Can you invest in Novo pre-IPO?

Novo is a privately held company and is not publicly traded, therefore investing in Novo pre-IPO is only available to accredited investors. If you meet the accreditation criteria, you can learn more about Forge’s Secondary Marketplace and how to invest in private companies before their potential IPO. If you are not accredited, find out how to begin the process and qualify for new investment opportunities.

Can you sell shares of Novo before it goes public?

You can seek to sell your shares in Novo while it remains private. If you are considering selling, you can register today for free to get started. Once registered, a Private Market Specialist will guide you through any questions you might have. You may also continue to browse through our resources to help you understand the implications and procedures involved in selling your private market shares.

What is the pre-IPO value of my Novo shares?

To determine the value of your Novo shares, create a free account to gain access to Forge’s platform. In addition to the Forge Price, Forge Markets contains pricing information for hundreds of pre-IPO companies such as Last Closed Trade Price. A Private Market Specialist will also be available to assist you with any inquiries related to your Novo shares. You can also learn more about how to sell your private shares before getting started.

Is Novo a publicly traded company?

If you are interested in buying or selling private company shares, you can register with Forge today for free to explore your options. Registering gives you access to one of our Private Market Specialists who can guide you through the process of buying or selling. Learn more about how Forge might help you buy pre-IPO shares or sell pre-IPO shares.

To learn more about Novo potential IPO

Will Novo go IPO?

Novo has not yet filed for an IPO. However, it’s important to note that IPOs are not the sole avenue for a private company to transition to public trading. Private companies can also go public through alternative methods such as but limited to Special Purpose Acquisition Companies (SPACs), direct listings, or mergers and acquisitions. Find out which companies are eyeing an IPO on our Tech IPO Calendar 2024.

What is Novo’s IPO price?

The Novo IPO price does not exist at this time, as Novo is still a private company and has not yet conducted an IPO. To explore secondary market data and access private market pricing details and data that may be related to Novo register for Forge Markets, today.

When was Novo founded?

Novo was founded in 2016.

What is Novo funding to date?

Novo has raised $169.52MM to date.

Who are Novo’s major investors?

Bossa Invest
Valar Ventures
Techstars
Stripes
Rainfall Ventures
Notable Capital
Magic Fund
Crosslink Capital
Red Sea Ventures
Undisclosed Investors
Hack Vc
Rre Ventures
Right Side Capital Management
Boxgroup
Plug & Play Tech Center
Ggv Capital

Novo Funding Rounds and Valuation

Funding History Chart
Funding Round Details
Funding Date Share Class Amount Raised Price per Share Post-Money Valuation Key Investors
11/22/2022 Series B-3 $35MM $xx.xx $716.65MM Ggv Capital
Price per Share
$xx.xx
Shares Outstanding
1,414,965
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Ggv Capital
01/11/2022 Series B-2 $38.09MM $xx.xx $701.35MM Boxgroup, Crosslink Capital, Rainfall Ventures, Stripes, Valar Ventures
Price per Share
$xx.xx
Shares Outstanding
1,583,778
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Boxgroup, Crosslink Capital, Rainfall Ventures, Stripes, Valar Ventures
01/11/2022 Series B-1 $51.91MM $xx.xx $701.35MM Boxgroup, Crosslink Capital, Rainfall Ventures, Stripes, Valar Ventures
Price per Share
$xx.xx
Shares Outstanding
2,158,659
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Boxgroup, Crosslink Capital, Rainfall Ventures, Stripes, Valar Ventures
06/16/2021 Series A-3 $3.4MM $xx.xx $120.38MM Boxgroup, Crosslink Capital, Rainfall Ventures, Red Sea Ventures, Valar Ventures
Price per Share
$xx.xx
Shares Outstanding
2,176,720
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Boxgroup, Crosslink Capital, Rainfall Ventures, Red Sea Ventures, Valar Ventures
06/16/2021 Series A-2 $3.66MM $xx.xx $120.38MM Boxgroup, Crosslink Capital, Rainfall Ventures, Red Sea Ventures, Valar Ventures
Price per Share
$xx.xx
Shares Outstanding
929,688
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Boxgroup, Crosslink Capital, Rainfall Ventures, Red Sea Ventures, Valar Ventures
06/16/2021 Series A-1 $34MM $xx.xx $120.38MM Boxgroup, Crosslink Capital, Rainfall Ventures, Red Sea Ventures, Valar Ventures
Price per Share
$xx.xx
Shares Outstanding
6,925,772
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Boxgroup, Crosslink Capital, Rainfall Ventures, Red Sea Ventures, Valar Ventures
03/15/2019 Series Seed-4 $106,903.00 $xx.xx $14.63MM Undisclosed Investors
Price per Share
$xx.xx
Shares Outstanding
239,212
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Undisclosed Investors
03/15/2019 Series Seed-3 $123,383.00 $xx.xx $14.63MM Undisclosed Investors
Price per Share
$xx.xx
Shares Outstanding
165,637
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Undisclosed Investors
03/15/2019 Series Seed-2 $1.5MM $xx.xx $14.63MM Undisclosed Investors
Price per Share
$xx.xx
Shares Outstanding
1,202,967
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Undisclosed Investors
03/15/2019 Series Seed-1 $1.73MM $xx.xx $14.63MM Undisclosed Investors
Price per Share
$xx.xx
Shares Outstanding
3,072,640
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Undisclosed Investors
Updated on: Dec 21, 2024

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