Novata, Inc. announced it raised $20.7 Million in an initial filing from an offering of $20.7 Million

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Novata is a certified B Corporation that empowers the private markets to achieve a more sustainable and inclusive form of capitalism. Novata’s technology platform makes navigating the ESG landscape simple for private markets by identifying a clear starting point for selecting the metrics that matter, streamlining data collection, and contextualizing data to drive reporting and action. Novata is backed by the Ford Foundation, Hamilton Lane, Microsoft, Northern Trust, Omidyar Network, and S&P Global. Our mission is to empower the private markets to achieve a more sustainable and inclusive form of capitalism. We’re building a platform to address the private markets' critical and immediate need for simple, yet powerful tools to reduce the burden of collecting, managing, and benchmarking ESG data.