Novidea’s end-to-end platform provides real-time business intelligence and seamless workflow management for brokers, agents, MGAs, bancassurance and corporate risk management.
Designed specifically for insurance brokers and agents, the Novidea cloud-based platform gives you a single view for managing the entire insurance distribution lifecycle across all lines of business. It promotes service excellence, simplifies regulatory compliance, and gives you secure data access from any device, anytime.
By consolidating all your front- and back-office data and workflows — from leads to quotes to policy administration — Novidea’s integrated solution delivers full visibility into the entire customer journey and actionable insights to help you increase sales, profitability and productivity.
Designed specifically for insurance brokers and agents, the Novidea cloud-based platform gives you a single view for managing the entire insurance distribution lifecycle across all lines of business. It promotes service excellence, simplifies regulatory compliance, and gives you secure data access from any device, anytime.
By consolidating all your front- and back-office data and workflows — from leads to quotes to policy administration — Novidea’s integrated solution delivers full visibility into the entire customer journey and actionable insights to help you increase sales, profitability and productivity.
Location: Israel, Central, Netanya
Employees: 51-200
Phone: +972 74-703-8300
Total raised: $60M
Founded date: 2009
Investors 3
| Date | Name | Website |
| - | Israel Gro... | igpcapital... |
| - | JAL Ventur... | jalventure... |
| - | 2B.VC | 2b.vc |
Funding Rounds 2
| Date | Series | Amount | Investors |
| 09.04.2024 | - | $30M | - |
| 02.06.2021 | Series B | $30M | - |
Mentions in press and media 10
| Date | Title | Description |
| 09.04.2024 | Novidea raises $30 million | Insurance management platform provider Novidea Novidea Founded: 2009 Headquarters: Netanya, HaMerkaz, Israel Total Funding: $80M See full company profile "> has raised an additional $30 million from HarbourVest Partners, bringing it... |
| 31.01.2023 | Novidea Hires Former Imperva Finance Director as Chief Financial Officer | Novidea, creator of the data-driven, cloud-native insurance platform that enables brokers, agents, and MGAs to reduce costs and drive growth across the distribution lifecycle, announced the appointment of Eran Ben Ezer as Chief Financial Of... |
| 19.04.2022 | Novidea scoops London Market ‘Technology & Innovation Supplier of the Year’ award | 0 shares Share Tweet Pin LinkedIn InsurTech Novidea has won the prestigious ‘Technology & Innovation Supplier of the Year’ award at the Market People Awards, for its born-in-the-cloud, data-driven platform that optimises the entire... |
| 13.01.2022 | Novidea Hires Julie Shafiki as Chief Marketing Officer to Drive Global Brand Awareness and Growth | BOSTON and LONDON, Jan. 13, 2022 /PRNewswire/ -- Novidea, creator of a born-on-the-cloud, data-driven platform optimizing the entire insurance policy and distribution lifecycle, has named Julie Shafiki its new Chief Marketing Officer (CMO).... |
| 02.06.2021 | Novidea closes $30 million Series B Round | Insurance software company Novidea Novidea Founded: 2009 Headquarters: New York, NY, US Total Funding: $30M See full company profile "> closed a $30 million Series B financing led by Israel Growth Partners (IGP) and joined by JAL Ve... |
| 25.11.2020 | Insurtech startup Novidea secures $15M in series B round | - |
| 24.11.2020 | Insurtech platform provider Novidea secures $15 million in Series B | NY-based cloud-based platform for managing the entire insurance distribution lifecycle, Novidea Novidea Founded: 2009 Headquarters: New York, NY, US Total Funding: $15M See full company profile "> , has announced the successful comp... |
| 16.07.2018 | Evolving Insurance Channels: How Can Brokers Compete? | Share Tweet Share Share Email The tech revolution is here to stay, and insurance agents and brokers need to adapt to survive. Evolving trends in technology and customer service expectations are at the core of the insurance industry, today. ... |
| 24.05.2017 | How Improving Customer Experience Directly Impacts Your Bottom Line | Share Tweet Share Share Email Buying habits in the insurance industry have changed in recent years. According to research from Accenture, two thirds of consumers are now open to buying insurance directly from vendors that are not insurance ... |
| - | Novidea | “An Insurance Software Solution that allows insurance brokers to grow revenue, increase profitability & satisfy customers. Book a FREE demo online.” |