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Home > Companies > Novidea Software
Claimed by owner Last Update 3.5.2023 Suggest Edits Claim Profile
Claimed by owner
Novidea Software logo

Novidea Software

Former names: Novo Idea Software Ltd.

Cloud-based Insurance Solutions

Non Visible
Novidea Software
About
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About

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.

Founded

Business models

B2B

Employees

Product stage

Primary Sector

FinTech

Products

AgentWise, BrokerEdge, Novidea

Geographic markets

United Kingdom, United States

Funding

Total Funding

$88M

Last Funding

$50M

Funding Stage

C

Total Rounds

4

Investors

7

The Team

(3)
RA
Roi Agababa
Co-founder & CEO
RS
Rolan Shkolnik
Co-founder & Chief Architect
Connect
SV
Sharone Volk
Co-founder & VP Producta
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Company Lifecycle

Event View
Timeline View

Public Offerings & Exits

Private Equity Funding

A Round
$8M
Oct 2018
3 Investors
$8M
B Round
$15M
Nov 2020
4 Investors
$15M
B Round
$15M
May 2021
4 Investors
$15M
C Round
$50M
May 2023
5 Investors
$50M

Locations

Israel

Arieh Regev St 4, Netanya, Israel

Offices Abroad

175 Varick St, New York, NY 10013, USA
Avenida de la Palmera, 28b, 41012 Sevilla, Espaa
99 Bishopsgate, City of London, London EC2M 3XD, England, UK

Sector

FinTech
Insurtech
Consumer Optimization Tools
Enterprise, IT & Data Infrastructure
Business Process Management
Business Automation Optimization

Core Technology

Data Storage
CDN
Cloud
Platforms & Interfaces
Web

Target Customer

Financial Services
Financial Products
Insurance

Tags

(17)

Locations

Israel

Arieh Regev St 4, Netanya, Israel

Offices Abroad

175 Varick St, New York, NY 10013, USA
Avenida de la Palmera, 28b, 41012 Sevilla, Espaa
99 Bishopsgate, City of London, London EC2M 3XD, England, UK

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