Undisclosed · Fintech

Novella raises $21M financing

Novella raised $21 million in financing announced in May.

Brewer Lane Ventures, Crystal Venture Partners, SV Angel, Avid Ventures, Verissimo Ventures, Blank Ventures, Arch and BoxGroup are among its backers.

The round stage was not disclosed. The company operates a wholesale insurance brokerage using AI agents for excess-and-surplus placements by retail brokers.

Funding history

Undisclosed · This round$21M

Sources

  1. Novellaprojectstartups.com
  2. businesswire.com