Amount Raised
$21 Million
Round Type
Series A
Investors
Description
Novata, an innovative new technology platform and public benefit corporation that provides the private markets with a cutting-edge Environmental, Social and Corporate Governance (ESG) solution, has announced a Series A investment of $21 million. The investment represents one of the largest initial funding rounds for a public benefit corporation. Principal investors include members of the one-of-a-kind consortium that collaborated to launch Novata in October 2021, including the Ford Foundation, S&P Global (NYSE: SPGI), Hamilton Lane (NASDAQ: HLNE) and Omidyar Network. This significant funding enables Novata to meet the private markets' critical and immediate need for an independent, unbiased and flexible open architecture platform to more consistently report on relevant ESG data.
Quick answer
Novata raised $21 Million in a Series A round, dated November 9, 2021. Investors: Omidyar Network. Novata is based in New York, New York, United States.
- How much did Novata raise?
- Novata raised $21 Million in a Series A round on November 9, 2021.
- Who invested in Novata?
- Omidyar Network is named as investors in this round.
- What does Novata do?
- Novata is a certified B Corporation that empowers the private markets to achieve a more sustainable and inclusive form of capitalism.
- Where is Novata based and how big is it?
- Novata is based in New York, New York, United States. Fundz records about 125 employees.
- Who are the decision-makers at Novata?
- Fundz holds 1 contact at Novata. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Analytics around the same time
Companies in the same sectors as Novata that raised within 45 days of this round, from Fundz verified event records.
- ArcSpan raised $6M on December 20, 2021.
- ArcSpan raised $6M (Seed) on December 15, 2021.
- Zartico raised $2.4M (Seed) on December 13, 2021.
- Tagger Media, Inc. raised $15M on December 9, 2021.
- Beeline Holdings raised an undisclosed amount (Series A) on December 9, 2021.
- NetSpring raised $13M (Series A) on December 7, 2021.
Who to call at Novata, and when
A new round usually means Novata is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Novata raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Novata, from your own LinkedIn network
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Funding Insights
What this usually meansNovata raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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