Tech Company Financing Transactions

Novi Connect Funding Round

Tiger Global Management, Defy Partners and Greylock Partners participated in a $40 million Series B funding round for Novi Connect. This venture round was announced by the company on 2/16/2022.

Transaction Overview

Company Name
Announced On
2/16/2022
Transaction Type
Venture Equity
Amount
$40,000,000
Round
Series B
Investors

Tiger Global Management (Lead Investor) (Griffin Schroeder)

Defy Partners (Brian Rothenberg)

Greylock Partners (Michael Duboe)

Proceeds Purpose
Novi plans to deploy its new capital to build additional technology for both sides of the marketplace to comply with evolving sustainability claims, grow its selection of ingredients, fragrances and packaging, as well as expand into new verticals like home care and food -- segments that Novi is already seeing organic traction in.

Company Information

Company Status
Private & Independent
Industry
Environmental
Mailing Address
700 Larkspur Ln. 199
Larkspur, CA 94939
USA
Phone
Undisclosed
Email Address
Not Recorded
Overview
Novi is here to clear that all up. We believe that everyone deserves to know what goes into products. This is why we created the first data-driven marketplace for product development. Novi isn't here to judge your standards. As a neutral party we give you the data you need to make the best decisions for your business.
Profile
Novi Connect LinkedIn Company Profile
Social Media
Novi Connect Company Twitter Account
Company News
Novi Connect News
Facebook
Novi Connect on Facebook
YouTube
Novi Connect on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Kimberly Shenk
  Kimberly Shenk LinkedIn Profile  Kimberly Shenk Twitter Account  Kimberly Shenk News  Kimberly Shenk on Facebook


 

 

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About Database of VC Transactions

We do our best to report on every notable VC transaction. VC investment data records reported here are sourced from company press releases and news coverage. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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