Company Overview
Snapshot
Founded in January 2024 by Max Kane, Michael Tsibelman, and Alex Broome, Novella operates with 1–10 employees. The company has raised $21M across two funding rounds from seven investors, with Brewer Lane Ventures leading a round in May 2026.
Business overview
Novella is an AI-driven insurance wholesaler specializing in excess and surplus (E&S) lines, aiming to modernize this traditionally manual process. The company automates policy distribution and risk assessment, providing brokers with direct access to specialty coverage markets. By leveraging AI, Novella enhances efficiency through real-time status tracking, integrated communication, and rapid quote turnaround, transforming E&S insurance into a more scalable and data-driven industry.
Strategic signal
In March 2026, Novella announced the appointment of Antonio Martinez Descalzo as CEO to lead its expansion. This strategic leadership change signals the company's intent to scale its operations and market presence, indicating a focus on growth and broader market penetration for its AI-driven insurance solutions.
Company Intelligence Q&A
- What is Novella's core business?
- Novella is an AI-driven insurance wholesaler specializing in excess and surplus (E&S) lines, automating policy distribution and risk assessment to streamline the process for brokers.
- When was Novella founded and by whom?
- Novella was founded in January 2024 by Max Kane, Michael Tsibelman, and Alex Broome.
- Who was appointed as CEO in March 2026?
- In March 2026, Antonio Martinez Descalzo was appointed as CEO of Novella to lead the company's expansion.
- Which investors participated in Novella's May 2026 funding round?
- In May 2026, Novella received funding from investors including Brewer Lane Ventures.