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Novel
company
Details
- Last Funding Type
- Seed
- Last Funding Money Raised
- $6M
- Industries
- Blockchain,E-Commerce,E-Commerce Platforms,Finance,Information Technology,Software
- Founded date
- Oct 2, 2021
- Number Of Employee
- 11 - 50
- Operating Status
- Active
- Legal Name
- Novel Commerce, Inc
Novel Commerce is a low code platform for NFT commerce. Novel’s first product is a Shopify App that gives brands and creators the ability to create and sell NFTs within their existing store or a brand new one. By integrating its tools onto the Shopify platform, Novel has made the cumbersome process of Web3 commerce as seamless, easy, and accessible as traditional online shopping.
Funding Rounds
Number of Funding Rounds
Total Funding Amount
1
$6M
Novel has raised a total of
$6M
in funding over 2 rounds. Their latest funding was raised on
Apr 5, 2022 from a Seed round.
| Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
|---|---|---|---|---|---|---|
| Apr 5, 2022 | Seed | $6M | 5 |
Lerer Hippeau
|
— | Detail |
Investors
Number of Lead Investors
Number of Investors
2
5
Novel is funded by 5 investors.
Lerer Hippeau
and VaynerFund
are the most recent investors.
| Investor Name | Lead Investor | Funding Round |
|---|---|---|
|
Lerer Hippeau
|
Yes | Seed |
|
|
Yes | Seed |
Costanoa Ventures
|
— | Seed |
Roth Martin
|
— | Seed |
Sugar Capital
|
— | Seed |
Employee Profiles
Number of Employee Profiles
4
Novel has 4 current employee profiles, including
Board member Brian Sugar
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