Novea Inc. Closes $55 Million Funding For Fintech Jacana Warranty'S Insuretech Platform
Amount Raised
$55 Million
Round Type
Funding Round
Los AngelesInformation TechnologyFinancial ServicesSoftwareHealth CareDescription
Novea, Inc., ("Novea") a financial technology (fintech) software company founded in 2015, announced today that it has closed $50 million in equity and $5 million debt financing. The equity proceeds will go towards wholly-owned subsidiaries of Novea, Jacana Warranty and Jacana Insurance, to support a proprietary user application platform it developed which is revolutionizing the consumer warranty and service contracts industry. The debt proceeds will support general corporate overhead expenses.
Quick answer
Novea raised $55 Million in a Funding Round round, dated December 20, 2021. Novea is based in Los Angeles, California, United States.
- How much did Novea raise?
- Novea raised $55 Million in a Funding Round round on December 20, 2021.
- What does Novea do?
- Novea Inc.is a financial services technology (FinTech) software company which has launched its proprietary user app, Jacana Warranty fully backed by Jacana Insurance, both wholly owned subsidiaries of Novea, Inc. Jacana..
- Where is Novea based and how big is it?
- Novea is based in Los Angeles, California, United States.
Source: Fundz verified event record.
Who else raised in Financial Services and Software around the same time
Companies in the same sectors as Novea that raised within 45 days of this round, from Fundz verified event records.
- Anchorage Digital raised $350M (Series D) on December 15, 2021.
- Anchorage Digital raised $350M (Funding Round) on December 15, 2021.
- Fwd Group raised $200M on January 19, 2022.
- Haystacks.Ai raised $5M (Seed) on December 16, 2021.
- Quavo raised $6M (Series A) on December 1, 2021.
- National Multiple Sclerosis Society raised $15M (Series B) on November 22, 2021.
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