Developer of a digital banking platform intended to empower customers with their financial data and provide the most com
Developer of a digital banking platform intended to empower customers with their financial data and provide the most compelling banking experience.
Other Commercial Banks📍 New York, NYFounded 2016
Current Valuation
$700M
as of 2022-Q1
PRIVATE
QL Price
$161.16M
-77% vs last round
QuantLogix's current estimate for Novo, published 2026-09-27 — below the last disclosed round of $700M (2022-Q1).
Confidence
medium
Basis
secondary led
What backs this price
Last disclosed round
$700M
2022-Q1
weight 0.04
Secondary market print
$119.7M
2026-06-27
weight 0.58
How this price has held up
No round has priced for Novo since QuantLogix began publishing a price for it, so there is nothing to grade yet. The claim above is on the record from 2026-09-27 and will be graded against the next priced round. See the full accuracy record →
Which publicly-traded funds already hold it, what $10,000 buys, and whether any route is open to you.
Cite this price as QuantLogix QL Price, Novo, 2026-09-27 (48b65c23e76b0c1f).
The id pins this exact claim, so a citation stays checkable after the price moves.
Model estimate for research — not a quote, target price, or investment advice.
IPO Outlookprivate
Is Novo going public?
No. Novo is private and has not filed to go public. There is no S-1 on file.
What is Novo's valuation in 2026?
Novo is valued at $700M as of 2022-Q1, set by its Series B ($90M, Jan 2022). That is the last confirmed mark, not a live price — private shares do not trade continuously.
Has Novo filed an S-1?
No public S-1 is on file for Novo.
How much has Novo raised?
Novo has raised $137.36M in total, most recently a Series B of $90M in Jan 2022.
Is Novo publicly traded — can you buy Novo stock?
No. Novo is a private company — its shares are not listed on any exchange and there is no ticker. The routes to exposure are pre-IPO secondary marketplaces and funds (accredited investors), employee tender offers when the company runs one, and public companies with read-through exposure. QuantLogix maps every route it can verify for Novo on its Pre-IPO Access Desk.
Answers are derived from the roster record shown on this page — filing status, last round and confirmed marks. Where the record is silent, the answer says so rather than guessing.
Company Profile
Founded
2016
HQ
New York, NY
Employees
406
Total Raised
$137.36M
Last Round
Series B — $90M (Jan 2022)
IPO Status
private
Fundraising Status
Series B · $90M · 4y 8mo ago
privateTotal raised $137.36M
Secondary Market
Implied price / share
$4.11
Last round price / share
$24.05
vs last round
-82.9%
Open interest
1
Last round price vs secondary price
Secondary price return by period
Implied per-share price from private secondary transactions, as of Jun 2026. This is a point estimate, not a quote — the feed carries no bid, ask or spread, and a secondary print is evidence of what someone paid on that date rather than a live market. Compare across every tracked name →
Latest Funding Round
Round
Amount
Date
Lead Investor
Post-Money
Series B
$90M
Jan 2022
—
$700M
Talent Signal
Hiring trend
▲ Hiring uptrend
+57% vs 2026-08
Open roles
11
via ashby
Product-build share
36%
engineering, research, product, design
Trajectory
expanding
balanced build + GTM — 36% builders vs 64% go-to-market/G&A — scaling both sides.
No tracked executive churn; open roles trending up.
Counted from Novo's live job board as of 2026-09-16; role functions classified from posting titles. Open-role counts are an activity signal, not headcount. Refreshed monthly.
FinTechBankingFinancial Services
Private-company numbers are not real-time. Reflects publicly disclosed valuations from press releases, news reports, and tender offers as of 2022-Q1. Refreshed quarterly.