Novidea Revenue

Software Development • Netanya, Center District, Israel • 201-500 Employees

Novidea revenue & valuation

Annual revenue	$20,000,000
Revenue per employee	$83,000
Estimated valuation?This valuation is estimated based on industry average for the Software Development industry and current estimated revenues	$64,000,000
Total funding	$80,000,000

Overview Emails Format About Employees Insights Funding Tech Stack Trending Companies FAQ

Company overview

Headquarters	Netanya, Center District, Israel
Phone number	+972747038300
Website	novidea.com
Keywords	Insurance Management Software
Founded	2009
Employees	201-500
Socials

Novidea Email Formats

Novidea uses 5 email formats. The most common is {first name}.{last name} (e.g., john.doe@novideasoft.com), used 57.3% of the time.

Format	Example	Percentage
{first name}.{last name}	john.doe@novideasoft.com	57.3%
{first name}.{last name}	john.doe@novidea.com	35.4%
{first initial}.{last name}	j.doe@novidea.com	3.1%
{first initial}{last name}	jdoe@novideasoft.com	3.1%
{first initial}.{last name}	j.doe@novideasoft.com	1%

About Novidea

idea is the leading Insurtech provider of a cloud-native, data-driven insurance management system. With its open API architecture, Novidea enables brokers, agents, MGAs, and carriers to modernise and manage the customer journey end-to-end and drive growth across the entire insurance distribution lifecycle. Novidea's streamlined and automated platform fully integrates front, middle, and back offices. The Novidea platform boosts operational efficiency while providing a seamless digital experience for team members and customers alike. Insurance businesses benefit from a 360-degree view of customers and policies and can access data and actionable insights anytime, anywhere, and on any device. In 2024, Novidea acquired Docomotion, a leading Document Generation platform. The company currently serves more than 350 customers worldwide.

Employees by Management Level

Total employees: 201-500

Seniority

Employees

Entry

Manager

Senior

Employees by Department

Novidea has 165 employees across 18 departments.

Departments

Number of employees

Funding Data

Explore Novidea's funding history, including investment rounds, total capital raised, and key backers.

Funding Date	Round	Amount	Link to Article
2023-06-03	6	$50,000,000
2024-05-09	6	$30,000,000

Funding Insights

$80,000,000

Total funding amount

$30,000,000

Most recent funding amount

Number of funding rounds

Novidea Tech Stack

Discover the technologies and tools that power Novidea's digital infrastructure, from frameworks to analytics platforms.

6sense

Marketing automation

HubSpot Cookie Policy Banner

Cookie compliance

PrestaShop

Ecommerce

Vimeo

Video players

Hotjar

Analytics

jQuery Migrate

JavaScript libraries

Cloudflare

CDN

jQuery

JavaScript libraries

HubSpot Analytics

Analytics

HTTP/3

Miscellaneous

HSTS

Security

PHP

Programming languages

Frequently asked questions

Novidea is located in Netanya, Center District, IL.

You can reach Novidea at +972747038300.

Novidea generates an estimated annual revenue of $20,000,000. This revenue figure reflects the company's market position and business performance in its industry.

Novidea has an estimated valuation of $64,000,000. This valuation is calculated based on industry-standard revenue multiples and reflects the company's growth potential and market positioning.

Novidea was founded in 2009, making it 17 years old. The company has established itself as a significant player in its industry over this time.

Novidea has approximately 201-500 employees. The company continues to grow its workforce to support its business operations and expansion.

Novidea has raised a total of $80,000,000 across 2 funding rounds. This investment has helped the company grow and expand its operations.

Key Contact at Novidea

Erez Nissim

Chief Technology Officer

@novideasoft.com

4.8

40,000 users