Novele closes $17M Series A led by boisei labs to scale autonomous energy intelligence for commercial buildings.
Amount Raised
$17 Million
Round Type
Series A
New YorkEnergySoftwareArtificial IntelligenceRenewable EnergyEnergy ManagementPower GridInvestors
Description
Novele, an applied AI company for energy in the built environment, has closed an oversubscribed $17M Series A financing round led by boisei labs. The round included participation from Locke Health, Arup Ventures, Barton Malow, and commercial real estate owners and operators. Novele's platform combines BoardOS, its AI-powered energy software, with EnergyBoard, its distributed energy storage hardware, to help commercial buildings predict, reshape, and optimize their power consumption in real time. The funding will be used to expand engineering, deployment, and commercial teams, scale installations, and develop its autonomous energy intelligence layer.
Quick answer
Novele raised $17 Million in a Series A round, dated October 1, 2026. Investors: Locke Health, Arup Ventures, Barton Malow and Boisei Labs. Novele is based in New York, New York, United States.
- How much did Novele raise?
- Novele raised $17 Million in a Series A round on October 1, 2026.
- Who invested in Novele?
- Locke Health, Arup Ventures, Barton Malow and Boisei Labs are named as investors in this round.
- What does Novele do?
- Novele is an applied AI company that provides autonomous energy intelligence solutions for commercial buildings.
- Where is Novele based and how big is it?
- Novele is based in New York, New York, United States. Fundz records about 30 employees.
- Who are the decision-makers at Novele?
- Fundz holds 3 contacts at Novele, including the Co-founder & CEO. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Energy and Renewable Energy around the same time
Companies in the same sectors as Novele that raised within 45 days of this round, from Fundz verified event records.
- BluWave-ai raised $5.7M (Series A) on November 12, 2026.
- Lumilab raised an undisclosed amount (Pre-Seed) on October 20, 2026.
- Beacon Power Services raised $10M (Debt Financing) on October 16, 2026.
- NOX Energy raised $3.4M (Seed) on September 30, 2026.
- EnergyCAP raised an undisclosed amount (Private Equity) on September 23, 2026.
- Crusoe raised $3.9B (Series F) on September 17, 2026.
Who to call at Novele, and when
A new round usually means Novele is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Novele raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Novele, from your own LinkedIn network
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Funding Insights
What this usually meansNovele 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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