Novidea Software
Cloud-based Insurance Solutions
StartupNovidea Software is a Netanya-based startup in the Fintech & Insurtech sector, established in 2009. Cloud-based Insurance Solutions. The company has raised a total of $118M across 5 funding rounds, currently at the C stage. Novidea Software was founded by Roi Agababa, Rolan Shkolnik, Sharone Volk. Key investors include Cross Creek, IGP - Israel Growth Partners, HarbourVest Partners, among 8 total investors. The company has 201-500 employees. Core technologies: Data Storage, CDN, Cloud, Platforms & Interfaces, Web.
With $118M in total funding, Novidea Software is a C-stage company operating in Fintech & Insurtech. The company follows a B2B business model. Product stage: Released.
- StageC
- ProductReleased
- ModelB2B
- Employees201-500
- HQNetanya
- DistrictCenter District
- Last Round$30M
- Cross Creek
- IGP - Israel Growth Partners
- HarbourVest Partners
8 investors total
Roi AgababaCo-founder & CEO
Rolan ShkolnikCo-founder & Chief Architect
Sharone VolkCo-founder & VP Producta
12 articles covered by sources including www.geektime.co.il,
www.reinsurancene.ws,
www.ice.co.il,
www.prnewswire.com,
www.calcalistech.com.
What does Novidea Software do?
Novidea's end-to-end platform provides real-time business intelligence and seamless workflow management for brokers, agents, MGAs, bancassurance, and corporate risk management. Designed specifically for insurance distribution, Novidea's cloud-based platform provides a single view for managing the entire insurance distribution lifecycle across all lines of business. It promotes service excellence, simplifies regulatory compliance, and provides secure data access from any device. By consolidating all front and back-office data and workflows from leads, to quotes, to policy administration Novidea's integrated solution delivers full visibility into the entire customer journey and actionable insights to help increase sales, profitability, and productivity.
How much funding has Novidea Software raised?
Novidea Software has raised $118M in total funding across 5 rounds. The company is currently at the C stage. Key investors include Cross Creek, IGP - Israel Growth Partners, HarbourVest Partners.
Who founded Novidea Software?
Novidea Software was founded in 2009 by Roi Agababa (Co-founder & CEO), Rolan Shkolnik (Co-founder & Chief Architect), Sharone Volk (Co-founder & VP Producta).
What sector is Novidea Software in?
Novidea Software operates in Fintech & Insurtech, Insurtech, Business Software, IT, R&D & Data Solutions, Software Development Tools, with core technologies in Data Storage, CDN, Cloud, Platforms & Interfaces, Web. Target customers: Financial Services, Financial Products, Insurance.
Where is Novidea Software located?
Novidea Software is based in Arieh Regev St 4, Netanya, Israel, Center District. The company also has offices abroad.