Novel Capital

Novel Capital, founded in 2018 and based in Mission, Kansas, is a fintech company that offers innovative funding solutions tailored for early-stage B2B software companies. By leveraging a tech-first approach, Novel Capital enables its customers to access non-dilutive capital based on future recurring revenue, effectively breaking down traditional growth barriers. The platform also provides online data-driven insights and curated learning resources, empowering entrepreneurs to capitalize on their momentum and scale their businesses without relinquishing equity. Through its flexible revenue-based financing and operational sales expertise, Novel Capital aims to foster a thriving startup ecosystem and support the growth of emerging businesses.

29 past transactions

SWYE360 Learning

Seed Round in 2022
SWYE360 is a data analytics platform powered by Gen AI and Machine Learning that measures software return on investment and efficacy. Through its search engine (SWYE360.ai), users can search for any edtech software and immediately see teacher sentiment based on effectiveness, engagement, and teacher recommendations. SWYE360 saves schools and colleges millions on ineffective, redundant, underutilized software, retained students, and increased graduation rates.

Boshi Hi-tech

Series A in 2021
Boshi Hi-tech develops lithium-ion battery cathode materials for research, production and sales of lithium-ion battery cathode materials.

letus (previously RentMoola)

Debt Financing in 2021
letus is the leading online payment platform that empowers customers to take control of their finances through a simple, integrated and secure solution powered by a world-class ecosystem of partners. With flexible rent options, credit reporting, and 360-degree payment methods, letus is innovating the rental industry by providing tenants with choices on how they pay rent and ensuring that landlords get paid on time and in full, regardless of payment method, all reconciled on one digital dashboard. We empower renters to better balance their pay checks and work towards their goal of Home-Ownership, while landlords secure increased returns through predictable and scalable on-time revenue streams.

Reconciled

Debt Financing in 2020
Reconciled is an online bookkeeping and accounting service for entrepreneurs and small businesses. They handle the day to day accounting for your business so that you can focus on what you do best. They leverage current cloud accounting software and online tools to effectively manage daily bookkeeping transactions and accounting work. Reconciled offers additional Controller and CFO services for growing companies who have more complex accounting and financial needs. Reconciled was founded (as "Reconciled It") by Michael Ly & Bonnie Reese, experienced entrepreneurs and business consultants, in response to the growing demand for remote accounting services they heard from their clients. Entrepreneurs and Business Owners are frustrated with the inconsistent quality and turnover of managing part-time bookkeepers instead of being able to focus on their business. Reconciled It provides consistent and quality remote accounting service while removing the burden of having to manage a part-time bookkeeper. They hire only US-based accounting professionals who possess at minimum an accounting certificate from an accredited institution and/or equivalent bookkeeping experience. Their Controllers and CFOs are experienced accounting professionals with proven industry experience outside of public accounting.

JobAdX

Debt Financing in 2020
JobAdX is the smarter programmatic tool to maximize job board spend through real-time dynamic bidding. We bring one of most advanced digital advertising technologies with our true Pay-Per-Applicant model while empowering employers to advertise jobs using the power of Real-Time Job Delivery #DeliverDynamically. JobAdX also focuses on assisting publishers earn more money for their job sites through our Publisher Program, essentially working as AdSense for jobs.

OnShore Technology Group

Debt Financing in 2020
OnShore Technology Group, founded in 2004, is a global firm focused on independent validation and verification (IV&V) services. The company specializes in developing innovative products and services that enhance lean validation processes. Central to its offerings is ValidationMaster, a proprietary software suite designed to automate manual IV&V tasks, thereby improving operational efficiency and reducing costs for clients. By integrating OnShore's intellectual property with advanced technologies, the software provides effective solutions for optimizing and streamlining validation processes across various enterprise systems. This approach enables organizations to minimize waste while maintaining compliance standards throughout the validation lifecycle.

Block Six Analytics

Debt Financing in 2020
Block Six Analytics LLC is a technology company based in Chicago, Illinois, that specializes in providing analytics-driven solutions for sports sponsorship management. Established in 2010, the company offers a suite of web-based applications designed to help sports organizations optimize their sponsorship, media, ticketing, and event activities. Its flagship product, the Partnership Scoreboard, utilizes proprietary valuation models to quantify sponsorship value and identify engagement opportunities for corporate partners. The platform includes various tools such as a partnership analytics dashboard, an eCommerce portal, and a marketplace that connects teams with brands and agencies. By delivering insights into the effectiveness of sponsorship investments, Block Six Analytics enables clients to enhance their return on investment across multiple advertising channels within the sports industry.

Wisboo

Seed Round in 2020
Wisboo is an Estonia-based company founded in 2014 that specializes in digital education solutions. The company provides a platform for content creators and small to midsize educational businesses to easily develop and sell online courses. Its offerings include customizable templates, tools for content digitization, and multi-device course delivery, ensuring a modern learning experience. Wisboo also facilitates payment processing and back-office operations, allowing educators to focus on teaching while maximizing revenue potential. By enabling the reuse of existing content and adding a digital distribution channel, Wisboo helps educators reach a broader audience with minimal investment, thereby enhancing business margins and fostering growth in the digital learning landscape.

iPost

Debt Financing in 2020
iPost is a data-driven omnichannel messaging platform tailored for marketers, focusing on effective email marketing solutions. The platform enables clients to create and send personalized newsletters, fostering meaningful relationships with their customers. By addressing longstanding challenges in data management, personalization, and automation, iPost enhances profitability across various channels while improving customer satisfaction. Its innovative technology and interactive marketing expertise empower businesses to engage their audiences effectively, facilitating growth through impactful customer interactions.

Encounter Telehealth

Debt Financing in 2020
Encounter Telehealth is a provider of telepsychiatry and mental healthcare services that focuses on addressing the increasing demand for psychiatric care, particularly in rural areas. By leveraging cloud-based technology, the company facilitates remote communication between patients and licensed psychiatric providers, thereby removing geographic barriers to access. This approach ensures that patients receive consistent treatment, effective medication management, and improved care outcomes. Encounter Telehealth also aims to enhance the mental healthcare experience by partnering with long-term care facilities, further expanding the accessibility and quality of mental health services for those in need.

ClassWallet

Debt Financing in 2020
ClassWallet, founded in 2014 and based in Hollywood, Florida, offers a comprehensive funds management and tracking platform tailored for educational institutions and government agencies. The platform streamlines the management of public funds by minimizing paperwork and administrative tasks, allowing users to efficiently track classroom stipends, grants, donations, and other financial activities. ClassWallet's patented digital wallet technology ensures that funds are appropriately allocated and utilized, enhancing compliance while reducing costs and time associated with traditional methods. Serving clients across 32 states, ClassWallet has facilitated the effective use of over $2.7 billion in public funds. Its integrated marketplace includes partnerships with leading retailers, providing educators with access to essential resources. In 2023, ClassWallet was recognized on the Inc. 5000 list as one of the fastest-growing private companies in the U.S. and ranked highly among software companies by Deloitte's Technology Fast 500.

Branching Minds

Debt Financing in 2020
Branching Minds solves a large and growing problem for teachers, principals and superintendents: educators have no clear way of figuring out why students are struggling to learn, or what teachers should do to help them get back on track. Our platform helps teachers to identify students’ cognitive learning strengths and challenges, algorithmically matches them with research-backed learning supports, and then tracks and reports data on student progress.

YachtLife

Debt Financing in 2020
YachtLife is a pioneering mobile application that facilitates the chartering of luxury yachts globally. The platform allows users to easily compare prices and book yachts directly through their iOS or Android devices, streamlining the process without the need for phone calls or negotiations. YachtLife offers a curated fleet of high-quality yachts and experienced crews to ensure an exceptional experience. Users can create a profile to explore the extensive global fleet, specifying desired dates, durations, pickup times, and guest numbers. YachtLife operates in over 25 markets worldwide, with more than 500 yachts available for charter in popular locations such as Miami, the Hamptons, the Bahamas, Mykonos, Italy, and Ibiza. By simplifying the yacht charter process, YachtLife enhances accessibility and affordability for its customers.

Rentable

Debt Financing in 2020
Rentable is an internet company founded in 2011 and based in Madison, Wisconsin, that focuses on enhancing the apartment rental search experience. Its web-based platform offers users a variety of tools, including localized flat listings, map-based searches, and shortlisting features, allowing for easy navigation through available properties. Additionally, Rentable provides an affordability calculator to assist users in determining suitable rental options based on their budget. By leveraging modern technology and an intuitive user interface, Rentable aims to streamline the process of finding apartments, making it more efficient and user-friendly for individuals seeking rental accommodations.

Precise TeleHealth

Debt Financing in 2020
Precise Telehealth works with you to identify, monitor and guide patients with complex medical and behavioral conditions. Their collaborative services reduce the cost of claims associated with multiple chronic diseases while delivering a higher ​quality of care through face-to-face telemedicine,value-based, reimbursable Chronic Care Management services.

Zype

Debt Financing in 2020
Zype Inc. is a New York-based company that offers a cloud platform for video publishing and distribution, enabling premium content owners to deliver video content across mobile, desktop, and connected TV applications. The platform includes customizable APIs and turnkey solutions for over-the-top (OTT) applications and linear/FAST channels, allowing video creators and distributors to efficiently build, launch, and manage their video products. Zype's services encompass automated tools for publishing, live and on-demand streaming, audience management, and monetization, facilitating direct connections between content owners and their audiences. Additionally, Zype provides VidOps, a framework designed to enhance collaboration among cross-functional teams, and a Video Analytics API for business intelligence and authentication across various platforms. The company also serves a diverse clientele, including Hulu content providers, multi-channel networks, premium content networks, and YouTube channel owners.

Ultimate Drill Book

Debt Financing in 2020
Ultimate Drill Book is an Provides band performance management application and guides to elite marching ensembles.

Rack Performance

Debt Financing in 2019
Rack Performance, LLC, founded in 2013 and based in Leawood, Kansas, specializes in developing software designed to enhance athletic training by creating customized workout programs. The company focuses on optimizing athletes' time in the weight room while effectively tracking and managing their performance results. In addition to workout customization, Rack Performance's software facilitates the efficient collection of test scores and generates comprehensive program reports, as well as detailed athlete profiles, providing valuable insights into individual performance.

Gobel Group

Venture Round in 2019
Gobel Group is a consulting and technology firm that specializes in healthcare philanthropy, helping clients foster stronger partnerships with physicians and nurses. The company offers a range of comprehensive solutions to develop effective philanthropy programs, including grateful patient initiatives, major gifts training, clinician engagement, fundraising strategies, and campaign planning. Additionally, Gobel Group focuses on capturing, tracking, and reporting daily activities within healthcare philanthropy operations, enhancing the information systems and services for organizations in the sector. Their approach emphasizes health, wellness, and the importance of relationship building in the philanthropic landscape.

Rentable

Venture Round in 2019
Rentable is an internet company founded in 2011 and based in Madison, Wisconsin, that focuses on enhancing the apartment rental search experience. Its web-based platform offers users a variety of tools, including localized flat listings, map-based searches, and shortlisting features, allowing for easy navigation through available properties. Additionally, Rentable provides an affordability calculator to assist users in determining suitable rental options based on their budget. By leveraging modern technology and an intuitive user interface, Rentable aims to streamline the process of finding apartments, making it more efficient and user-friendly for individuals seeking rental accommodations.

OpenReel

Debt Financing in 2019
OpenReel enables remote video creation for enterprises, media, and entertainment companies worldwide, empowering them to direct and film high quality video content from more than 125 countries. With its patented suite of remote video direction, capture, and creation capabilities, OpenReel makes it possible for businesses of all sizes to cut down on the time-and resource-intensive process of in-person video shoots and scale content creation initiatives efficiently and effectively.

Passage

Debt Financing in 2019
Passage is a platform designed to facilitate customized ticketing, payments, and technology for small-to-mid-sized events, both online and at the door. It offers event organizers a range of professional features tailored to specific event categories, which helps them increase revenue through various streams such as in-person and virtual access, season passes, merchandise, and digital collectibles. Despite facing significant challenges during the pandemic, Passage adapted by incorporating virtual events and socially-distanced technology, resulting in notable growth. By 2024, the company is projected to achieve $3.1 million in revenue from $46 million in ticket sales, alongside a substantial increase in EBITDA. Passage focuses on niche event verticals, providing category-specific branding and features that enhance user experience through secure online payments and ticket bookings.

Zype

Debt Financing in 2019
Zype Inc. is a New York-based company that offers a cloud platform for video publishing and distribution, enabling premium content owners to deliver video content across mobile, desktop, and connected TV applications. The platform includes customizable APIs and turnkey solutions for over-the-top (OTT) applications and linear/FAST channels, allowing video creators and distributors to efficiently build, launch, and manage their video products. Zype's services encompass automated tools for publishing, live and on-demand streaming, audience management, and monetization, facilitating direct connections between content owners and their audiences. Additionally, Zype provides VidOps, a framework designed to enhance collaboration among cross-functional teams, and a Video Analytics API for business intelligence and authentication across various platforms. The company also serves a diverse clientele, including Hulu content providers, multi-channel networks, premium content networks, and YouTube channel owners.

Rentable

Debt Financing in 2019
Rentable is an internet company founded in 2011 and based in Madison, Wisconsin, that focuses on enhancing the apartment rental search experience. Its web-based platform offers users a variety of tools, including localized flat listings, map-based searches, and shortlisting features, allowing for easy navigation through available properties. Additionally, Rentable provides an affordability calculator to assist users in determining suitable rental options based on their budget. By leveraging modern technology and an intuitive user interface, Rentable aims to streamline the process of finding apartments, making it more efficient and user-friendly for individuals seeking rental accommodations.

Gremlin Social

Debt Financing in 2019
Gremlin Social offers organizational tools to streamline all of your social media marketing needs. Save time and money with Twitter, Facebook, and LinkedIn all in one easy-to-use dashboard. Engage with customers, search Twitter hashtags and brand mentions, and schedule your posts in as little as 15 minutes a day at the optimal time and frequency in each social network without leaving GremlinSocial.com. Gremlin Social employs a staff of experts who specialize in social media best practices. We offer services for our customers including strategy, training, analytics, and research (STAR). Gremlin Social Guardian is also endorsed by the American Bankers Association – through its subsidiary the Corporation for American Banking - and the New York Bankers Association (NYBA) as the recommended social media management and compliance toolkit for all member financial institutions. Products Gremlin Social offers enterprise and white label options for banks and financial services. Gremlin Social features include: team management, scheduled and recurring posts, keyword filtration, translation, branded reports, analytics, content libraries, Bit.ly and Brev.is link shorteners, and much more!

Branching Minds

Debt Financing in 2019
Branching Minds solves a large and growing problem for teachers, principals and superintendents: educators have no clear way of figuring out why students are struggling to learn, or what teachers should do to help them get back on track. Our platform helps teachers to identify students’ cognitive learning strengths and challenges, algorithmically matches them with research-backed learning supports, and then tracks and reports data on student progress.

OpenReel

Debt Financing in 2018
OpenReel enables remote video creation for enterprises, media, and entertainment companies worldwide, empowering them to direct and film high quality video content from more than 125 countries. With its patented suite of remote video direction, capture, and creation capabilities, OpenReel makes it possible for businesses of all sizes to cut down on the time-and resource-intensive process of in-person video shoots and scale content creation initiatives efficiently and effectively.

DivvyHQ

Venture Round in 2018
DivvyHQ is a cloud-based content planning and production workflow tool designed for high-volume content teams. Founded in 2011 and headquartered in Kansas City, Missouri, DivvyHQ offers a streamlined solution for marketers and content producers to manage complex content marketing and social media initiatives without the need for traditional spreadsheets. The platform enables users to capture content ideas, assign and schedule projects, and collaborate in real-time from any device. By simplifying the content process, DivvyHQ allows organizations to efficiently plan, produce, and publish various types of content while staying organized and meeting production deadlines.

DivvyHQ

Debt Financing in 2018
DivvyHQ is a cloud-based content planning and production workflow tool designed for high-volume content teams. Founded in 2011 and headquartered in Kansas City, Missouri, DivvyHQ offers a streamlined solution for marketers and content producers to manage complex content marketing and social media initiatives without the need for traditional spreadsheets. The platform enables users to capture content ideas, assign and schedule projects, and collaborate in real-time from any device. By simplifying the content process, DivvyHQ allows organizations to efficiently plan, produce, and publish various types of content while staying organized and meeting production deadlines.
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