Novel announces Seed Round Extension to further their Revenue Growth Platform

SaaS Fundraising.
Done on Your Terms.

Novel’s Capital Intelligence™ platform is the B2B
Founder’s essential hub for fundraising, financing, and
strategy across their capital stack.

Non-Dilutive & Equity Financing

Capital Analytics

Fundraising Strategy

YOUR TOOLKIT FOR SUCCES

Capital Intelligence™ for B2B SaaS

We believe in partnerships, not transactions. That’s why we go beyond just capital, providing our customers with the data & tools they need to transform the way they fund and grow their businesses.

Grow Faster

Access non-dilutive or equity financing to accelerate your growth.

Find Profitability

Forecast scenarios & recommendations that get you in the black faster.

Scale Smarter

Reduce your dependency on any one capital source to mitigate risk.

Exit Better

Deciding what type of capital to take and when impacts your bottom line at exit.

150+

Companies Trust Us

WHAT OUR CUSTOMERS HAVE TO SAY
NON-DILUTIVE CAPITAL FOR SAAS

Funding That Moves You Forward

120M Ready To Deploy Towards Your Growth

Novel provides up to $5M in non-dilutive capital in as little as 10 days using our secure & transparent, Founder-first platform. We know that equity funding isn’t always the right fit, so our financing is purpose-built for the way SaaS scales.

Patient Repayment

From 3-month to 36-months, we have the payoff timelines that fit your cashflow.

Optimize Your Cost

Draw what you need when you need it. Only pay on what you draw.

Grows With You

As your company grows, you’ll access more capital to fuel your future.​

Transparent Process

Our straightforward funding process moves
quickly to get you capital.

Funding That Fits
Your Use Case

Whatever you need, Novel’s got you covered, so you can confidently pursue opportunities for growth, without impacting to your day-to-day operations.

Accelerate Revenue

Fill Cashflow Gaps

Hire Staff Sooner

Bridge to Equity

UP YOUR CAPITAL IQ

Smart CEOs Rely
On Smarter Tools

Novel’s suite of Capital Intelligence™ products is like your own virtual CFO. It gives you all the data you need to make informed decisions about your business, calculate your current valuation, and take advantage of personalized introductions to our VC partners.

Keep a Pulse on Key Metrics

Put an end to the constant spreadsheet olympics.

Know the Right Time to Fundraise

Improve time management for key tasks.

Map Your Valuation Growth

Chart how you’re building the value of your business.

Find The Right VC

Your data will match you with the perfect Seed or Series A firm. (post-revenue only)

Get Smarter About Capital

At Novel, we understand that running a company is about more than just developing a brilliant product. That’s why we’re here to help you along every step of your journey, making sure you have the resources you need to build a successful, sustainable SaaS business.

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3 Alternatives to a Venture Raise

Understanding 7 Primary Types of Startup Funding and the Varying Costs of Capital

BACKED BY:

mountain image novel capital
WITH CAPITAL INTELLIGENCE™

Better Strategy Means Better Outcomes

Extend Runway

Add to your runway and secure peace of mind.

Accelerate Revenue

Invest in sales & marketing to improve revenue growth.

Fundraise Faster

Find the right type of capital for your speed.

Fill Cashflow Gaps​​

Tools & capital to help you get ahead of lumpy cashflow.

Avoid Dilution​

Get non-dilutive capital now without impacting a future exit.

Hire Staff​

Sell and implement faster by adding talent.​

Secure Payroll​

Create a safety net for your most critical expenses.

Bridge to Equity​

Sustain the organization on your way to your next raise.

AS SEEN IN:

Knowing Better, Growing Faster

Revenue-based financing (RBF) is a is form of non-dilutive funding underwritten based on a startup’s monthly or annual recurring revenue (MRR or ARR). Entrepreneurs receive a lump sum of capital, which is then returned through monthly payments up to a predetermined return cap.

Traditional RBF providers require repayment through a monthly percentage of revenue.

At Novel, we approach startup financing differently. We offer simple fixed monthly payments and patient payback periods from 1-to-36-months.

Our revenue-based financing (RBF) is designed for SaaS & tech companies with the following financial characteristics:

  • Minimum $350k revenue + targeting profitability
  • 10%+ YoY revenue growth
  • Predictable revenue
  • Seeking at least $100k in funding

One of the advantages of our financing is that it is very flexible and useful across many stages of a company.

Novel’s funding is a great fit whether you’re a bootstrapped company, have prior angel or VC investment, are looking to bridge to a round, or as a part of your current fundraise.

At Novel Capital, we work with founders who are seeking capital targeted to accelerate revenue growth or support working capital needs, rather than strictly R&D.

We will generally provide a committed capital line up to 40% of the value of your annual revenue.

We provide entrepreneurs anywhere between $100k to $5m to fuel their growth. Additional capital is easily unlocked as your company continues to perform.

Our process is transparent and simple; there are no personal guarantees, covenants or warrants required. Unlike venture debt, we don’t require the companies we invest in to be venture-backed. You can continue to get capital on-demand as you continue to grow.

We also understand that you may have other investors that have provided you capital. Your company and IP are never at risk with Novel.

While companies that have MRR and ARR fit our model well, it is not a requirement to our financing. We work well with companies that have recurring and one-time revenues.

We know you have better things to do than spend months fundraising. You can receive capital in-hand within 10 days of your completed application.

Your Next Chapter Starts Here

Boost your capital IQ and start accelerating your growth today.