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Novity

Novity

Private
San Carlos, CaliforniaFrontier & Industrial Techhttps://novity.us/

Last Round

Strategic

May 20, 2026

Est. Valuation

$20.27M

Total Funding Raised

$8.8M

Company Overview

Novity is an industrial technology company that provides a predictive maintenance software platform designed to help manufacturers foresee the health of production assets and eliminate unplanned downtime.

Sector

Frontier & Industrial Tech

Verticals

Smart Manufacturing, Vertical SaaS, Energy Management

Business Model

B2B

Customer Profile

Subscription SaaS, Services & Consulting

AI Layer

Application

Keywords

predictive maintenanceindustrial AIremaining useful lifeRULasset healthpredictive analyticsindustrial IoTIIoTprocess industriescondition monitoringunplanned downtimesmart manufacturingphysics-based AIdigital twinreliability engineeringindustrial SaaS

Historical Pricing

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Novity Comparables

Compare Novity with similar companies based on industry and business-model similarity.

Novity comparables — related companies by embedding similarity
CompanySimilarityMarket Cap
UptimeAI
84%
Arundo Analytics
79%
Infinite Uptime
78%

Novity Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
StrategicMay 20, 2026
Series AFeb 21, 2024

Key People

Founding team and executive leadership

Markus Larsson

Founder & CEO

Founding Team

Novity Investors

Notable investors and investment history

Novity investors
InvestorRounds
WERU Investment Co.Series A
Myriad Venture PartnersSeries A
Acario InnovationStrategic

Market signals

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  • Feb 21, 2024

    $8M round led by WERU Investment Co.

Novity Filings

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TypeDateAmount OfferedAmount SoldFilingPagesDownload

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Frequently Asked Questions

Common questions about Novity's valuation, stock price, and market status.

Is Novity a public or private company?

Novity is a private company.

What is the current stock price of Novity?

Novity is a private company with no public stock price. No recent secondary market data is available.

How much is Novity worth (valuation)?

Valuation information for Novity is not publicly available.

Can I buy Novity stock?

Novity shares may be available on secondary markets subject to transfer restrictions. Caplight facilitates secondary market transactions for accredited investors. Visit https://www.caplight.com to learn more.

When was Novity's last funding round?

Novity's most recent funding round was Series A on February 21, 2024.

Who are the main investors in Novity?

Key investors in Novity include Myriad Venture Partners.

Will Novity IPO soon?

No public IPO plans have been announced for Novity.

How can I track Novity secondary market activity?

Caplight tracks bids, offers, and trades for private companies. Visit https://www.caplight.com to monitor Novity's secondary market activity and sign up for updates.

Firmographic Details

HeadquartersSan Carlos, California
Employee Range6
Year Founded2022
Last FundingMay 20, 2026

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