Novidea, a data-driven fintech and insurtech platform that was developed in the cloud and optimizes the end-to-end lifecycle of an insurance policy and its distribution, has announced it has raised $50 million in Series C funding. Battery Ventures, the company’s lead investor, was joined by Cross Creek, two new investors, and current investors Israel Growth Partners (IGP), KT Squared, and JAL Ventures. Novidea has raised $90 million to date.
Novidea Raises $50 Million in Series C Funding Led by Battery Ventures
