Search company, investor...

Founded Year



Series B - II | Alive

Total Raised


Last Raised

$15M | 1 yr ago

Mosaic Score

+80 points in the past 30 days

What is a Mosaic Score?
The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.

About Novidea

Novidea is a data-driven platform provider for the insurance industry. Novidea's end-to-end platform provides real-time business intelligence and seamless workflow management for brokers, agents, MGAs, bancassurance and corporate risk management.

Novidea Headquarters Location

4 Arie Regev St.

Netanya, 4205212,


+972 (0)74 703 8300

Predict your next investment

The CB Insights tech market intelligence platform analyzes millions of data points on venture capital, startups, patents , partnerships and news mentions to help you see tomorrow's opportunities, today.

Novidea's Products & Differentiation

See Novidea's products and how their products differentiate from alternatives and competitors

  • gg




Expert Collections containing Novidea

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Novidea is included in 1 Expert Collection, including Insurtech.



3,484 items

Companies and startups that use of technology to improve core and ancillary insurance operations. Companies in this collection are creating new product architectures, improving underwriting models, accelerating claims and creating a better customer experience

Latest Novidea News

Novidea Enhances Low-Code Automation Features to Empower Insurance Agencies, Brokers, MGAs and Wholesalers to Deliver Seamless Digital Experience for Customers

Sep 21, 2022

Share Novidea, the creator of the cloud-native, data-driven insurance Agency Management System (AMS), announced significant new enhancements to its low-code automation rules engine. These enhancements will empower independent agents, brokers, managing general agents (MGAs) and wholesalers to work smarter and more efficiently, while providing a great customer experience. Each insurance policy transaction involves multiple functions and processes that carry out specific tasks across an MGA’s or agency’s front, middle and back offices. Each of these tasks involves rules, regulations, and agency policies that drive decision-making for agents and their customers. Novidea’s newest system upgrade includes dynamic questionnaires based on the specific rules for each customer, enabling agents to reduce manual intervention. This low-code approach to automation results in less time on repetitive tasks for agents so they can focus on what they do best: servicing clients and finding more ways to maximize profits for the business. Calculates premiums and assesses risk based on responses to the dynamic questionnaire and generates a quote Streamlines the quote and bind process, saving time and costs for agents Provides dynamic accounting behavior enabling agencies to tailor their specific financial workflows to address their bespoke processes “Speed to market is vital for insurance businesses to stay competitive. Embracing automated technology improves efficiency and allows them to match digital experiences with carriers,” said  Sharone Volk , Novidea VP Product. “This, combined with our open API architecture built on Salesforce, delivers a cloud-based agency management solution that transforms how agents manage the insurance distribution lifecycle.”

Novidea Web Traffic

Page Views per User (PVPU)
Page Views per Million (PVPM)
Reach per Million (RPM)
CBI Logo

Novidea Rank

  • When was Novidea founded?

    Novidea was founded in 2009.

  • Where is Novidea's headquarters?

    Novidea's headquarters is located at 4 Arie Regev St., Netanya.

  • What is Novidea's latest funding round?

    Novidea's latest funding round is Series B - II.

  • How much did Novidea raise?

    Novidea raised a total of $30M.

  • Who are the investors of Novidea?

    Investors of Novidea include KT Squared, 2B Angels, JAL Ventures, Israel Growth Partners and Salesforce Ventures.

  • Who are Novidea's competitors?

    Competitors of Novidea include Audeamus Risk and 1 more.

  • What products does Novidea offer?

    Novidea's products include gg.

You May Also Like

Acin Logo

Acin develops a solution that combines technology and data standardization to digitize non-financial risk, with an industry-wide network that connects users within and across organizations.

Akinova Logo

Akinova is an electronic marketplace for the trading and transfer of insurance risk, using data analytics and machine learning on cloud infrastructure.

Evry Health

Evry Health wants to take on the employee health insurance market by tackling a specific type of customer. The company is specializing in working with customer companies that have between 200-1,000 employees. It boasts that its product is 20 percent less than competitors and offers enhanced coverage. It was founded in 2017 and is based in Dallas, Texas.

Topology Eyewear

Topology Eyewear is an eyewear company specializing in the manufacture of custom-tailored glasses.


REVORN researches and develops AI and IoT technology solutions for collecting and analyzing odor data. The company’s products include its iinioi sensor and iinioi AI platform.

Aglet Logo

Aglet offers a game that lets people buy virtual sneakers and earn virtual sneakers via points that are earned by walking.

Discover the right solution for your team

The CB Insights tech market intelligence platform analyzes millions of data points on vendors, products, partnerships, and patents to help your team find their next technology solution.

Request a demo

CBI websites generally use certain cookies to enable better interactions with our sites and services. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. You can read more about your cookie choices at our privacy policy here. By continuing to use this site you are consenting to these choices.