Tech Company Financing Transactions
Novi Funding Round
Novi, operating out of Austin, secured investment capital from Cottonwood Venture Partners and private investors.
Transaction Overview
Company Name
Announced On
9/7/2017
Transaction Type
Venture Equity
Amount
Unknown
Round
Undisclosed
Investors
Cottonwood Venture Partners (Lead Investor) (Jeremy Arendt)
private investors (Bill Wood)
Proceeds Purpose
Novi will use the additional capital from the financing round to further accelerate growth by adding engineering talent, expanding the customer success team, and developing new products and features, including an application focused on the needs of financial firms servicing the oil and gas industry.
Company Information
Company Status
Private & Independent
Industry
Artificial Intelligence
Mailing Address
1905 Aldrich St. 220
Austin, TX 78723
USA
Austin, TX 78723
USA
Phone
Website
Email Address
Overview
Novi is changing the way oil & gas operators make well investment decisions. We are committed to driving innovation in North American oil & gas operators, a critical component of the economy.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Scott Sherwood
President
Jon Ludwig
VP - Customer Service
John McDermott
VP - Engineering
Kevin Stambaugh
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