Companies · Software / Tech

Nova Labs, Inc.

SAN FRANCISCO · Software / Tech · refined from filed group “Other Technology

Diligence memoA one-page analyst read on Nova Labs, Inc. — recommendation, valuation, rhythm, risks.
$168.6M
Total raised · real
4
Rounds
7.9×
Latest step-up
Top 4%
Sector rank · raised
Series D+
Latest stage · inferred · Mon Dec 20 2021 00:00:00 GMT+0000 (Coordinated Universal Time)

Nova Labs, Inc. looks fair against its niche peers and is dormant on financing cadence.

Synthesized from the figures below est. — every claim rests on a number shown on this page. Valuation uses the technology sector profile.

Analyst read est. — computed against this company's niche peers in the same era. Inputs shown; not a quoted figure.

Fair
  • Modeled value is 0.78× the median modeled value of Series D+ Software / Tech companies in 2019–2021 (34 peers) — value vs value, same stage and era.
  • Within the normal band (78% of peer median) for its niche.
Dormant
  • Last raise 4.5 yr ago; this sector typically re-raises about every 13 months.
  • Silent for over 3× the sector's normal cadence.
Leadership

No named principal in this company's public records yet — see all operators below.

Explore how these operators interlock with other companies in the operator network.

Where it sits in Software / Tech

Nova Labs, Inc. is one of 3920 Software / Tech companies tracked from SAN FRANCISCO. By capital raised it ranks among the largest (ahead of 97% of sector peers), and among the largest by modeled valuation est..

Ranking is computed against this company's own sector cohort — reported capital is fact; valuation tiers are modeled.

As reported in public records reported — not modeled.

US
Jurisdiction
Rule 506(b)
Reg D exemption
20
Investors (latest)
2021-12-20
First sale
Amount raised vs valuation, by round

Solid bars are reported offering amounts reported; hatched bars are the modeled post-money valuation est. — both on one shared scale so you can read raise-vs-worth at each round directly. Use the toggles to overlay data labels and the niche-peer / market average value lines.

Amount raised · realModeled valuation · estCumulative funded · real
$0$1.3B$2.5B$3.8B$5.0BSeries B · 2014-09-30 Raised $16M (real) Modeled valuation $487M (est)$16M$487MSeries B2014Series B · 2016-04-18 Raised $20M (real) Modeled valuation $609M (est)$20M$609MSeries B2016Series B · 2019-05-20 Raised $15M (real) Modeled valuation $452M (est)$15M$452MSeries B2019Series D+ · 2021-12-20 Raised $118M (real) Modeled valuation $2.6B (est)$118M$2.6BSeries D+2021+$20M+$15M+$118MCumulative $169M

The line shows cumulative reported funding over the period; + labels show new capital added between points when there is room. Toggle on-bar figures, plus the niche-peer and market averages, to read this company against its cohort. Benchmarks are modeled medians.

Financing ladder & sequence gaps
Series B$16.0M · 2014
Series B extension$20.0M · 2016
Series B extension$14.8M · 2019
Series D+$117.8M · 2021no Series C on file

Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed, Seed, Series A, Series C — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 33%.

Modeled valuation trajectory
$2.6B
Base estimate est.
$654.2M
Conservative case
$4.8B
Upside case
$981.6M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Series D+a $100M–$400M round). Valuation is modeled from stage benchmarks scaled by the technology sector profile. Directional, not a quoted figure.

Series B · modeled $486.5M · 2014-09-302014Series B · modeled $609.1M · 2016-04-18Series B · modeled $452.1M · 2019-05-20Series D+ · modeled $2.6B · 2021-12-202021
Model inputs · modeled:benchmark-stage-stepup-v1
12%
Dilution assumption
Implied ownership sold in the financing.
83%
Survival probability
67% low · 92% high
1.29×/yr
Annual markup
1.44×/yr upside case
4.5 yr
Elapsed time used
4.5 yr actual, capped for stale marks
technology
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
29 mo
Avg between rounds
$23.3M/yr
Capital velocity
11.8 yr
On record since
2014
First round
4
Rounds on file
How it compares to the market

Benchmarked against 3920 companies in Software / Tech. Each bar is a median (the middle company, not an average — outliers don't skew it). Two yardsticks: real money raised (reported on Form D) and modeled value (our estimate est.). These are whole-sector medians across all stages, except the per-stage row.

Total raised — vs sector median (real $, all stages) 37× above median
This company$168.6M
Sector median$4.6M
Latest round — vs other Series D+ rounds in sector (real $, this stage) 0.8× of median
This company$117.8M
Sector median$150.0M
Modeled value — vs sector median (estimate, all stages) 70× above median
This company$2.6B
Sector median$36.6M

Raised more than 97% of sector peers (real $). Modeled value above 98% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Series D+) that last raised in the same ~3-year era, ranked by modeled value est. (not money raised). This is the exact set the analyst read compares against, so a like-for-like cohort is what makes "over/under-valued" meaningful. This company ranks #29 of 34.

This companyCohort peer
$1.0B$10.0B$100.0B$100.0M$1.0BCapital raised (log)Mango Technologies, Inc. · Series D+ Raised $532.4M · modeled $9.1B (est)Cloud Guru Group Inc. · Series D+ Raised $257.5M · modeled $8.1B (est)Alternative Platform LLC · Series D+ Raised $250.0M · modeled $7.9B (est)Astranis Space Technologies Corp. · Series D+ Raised $376.3M · modeled $7.4B (est)Badger Technology Co Holdings Ltd · Series D+ Raised $254.3M · modeled $6.5B (est)Economic Transformation Technologies Corp · Series D+ Raised $203.7M · modeled $6.3B (est)Apeel Technology, Inc. · Series D+ Raised $534.6M · modeled $6.1B (est)Notion Labs, Inc. · Series D+ Raised $327.0M · modeled $6.0B (est)Hyperloop Technologies, Inc. · Series D+ Raised $299.9M · modeled $5.4B (est)Onestream Software Llc · Series D+ Raised $200.0M · modeled $5.2B (est)Verint Systems Inc · Series D+ Raised $400.0M · modeled $5.2B (est)Luminar Technologies, Inc. · Series D+ Raised $257.3M · modeled $5.2B (est)Nova Labs, Inc. (this company) Raised $168.6M · modeled $2.6B (est)Nova Labs, Inc.
CompanyStageRaised · realValue · estvs peer med.
Mango Technologies, Inc.Series D+$532.4M$9.1B2.74×
Cloud Guru Group Inc.Series D+$257.5M$8.1B2.47×
Alternative Platform LLCSeries D+$250.0M$7.9B2.38×
Astranis Space Technologies Corp.Series D+$376.3M$7.4B2.25×
Badger Technology Co Holdings LtdSeries D+$254.3M$6.5B1.97×
Economic Transformation Technologies CorpSeries D+$203.7M$6.3B1.92×
Apeel Technology, Inc.Series D+$534.6M$6.1B1.84×
Notion Labs, Inc.Series D+$327.0M$6.0B1.82×
Hyperloop Technologies, Inc.Series D+$299.9M$5.4B1.65×
Onestream Software LlcSeries D+$200.0M$5.2B1.58×
Verint Systems IncSeries D+$400.0M$5.2B1.58×
Luminar Technologies, Inc.Series D+$257.3M$5.2B1.57×
Nova Labs, Inc. this companySeries D+$168.6M$2.6B0.78×
Full financing history

Stage is inferred from round size est., not reported on the filing — a round's dollar size maps to a bucket: Pre-Seed <$1.0M · Seed $1.0M–$4.0M · Series A $4.0M–$15M · Series B $15M–$40M · Series C $40M–$100M · Series D+ $100M–$400M · Growth/Late >$400M.

StageAmount · realAnnouncedPost-money · estValue · estConf.
Series B$16.0M2014-09-30$88.8M$486.5M85%
Series B$20.0M2016-04-18$111.1M$609.1M85%
Series B$14.8M2019-05-20$82.5M$452.1M90%
Series D+$117.8M2021-12-20$981.6M$2.6B90%
What happened at each round

Step-up, pace versus the sector's normal cadence, and revenue/exemption moves — read straight from the reported round facts reported.

  1. Series B$16.0M2014-09-30
    • First recorded raise — entered as Series B.
    • 11 investors on this round.
  2. Series B$20.0M2016-04-18
    • Raised 19 mo later, in step with the ~13 mo sector norm.
    • Round roughly the size of the prior one.
    • 5 investors on this round.
  3. Series B$14.8M2019-05-20
    • Raised again after 37 mo — slower than the ~13 mo sector norm.
    • Round 1.3× smaller than the prior — bridge or down round.
    • 8 investors on this round.
  4. Series D+$117.8M2021-12-20
    • Raised again after 31 mo — slower than the ~13 mo sector norm.
    • Round 7.9× larger than the prior — scaling up.
    • 20 investors on this round.
Intelligence
2024 ~Q2
Modeled next raise · ~29mo cadence
$353.4M
Modeled next size est.range $229.7M$565.4M
7.9×
Last step-up
$23.3M/yr
Capital velocity

Predictive signals are modeled est. from this company's own cadence and step-up, plus sector benchmarks — directional, not advice. Peer set and a CSV export live in your analyst workspace.

Key people & operators

Officers, directors and promoters named in this company's public recordsreported — the people who run it (not its investors). "Also runs" counts come from name-matching across all records, so verify before acting.

PersonRoleAlso runsTied since
Bruce Armstrong9 other2016-04
Joichi Ito6 other2014-09
Nick Grossman5 other2019-05
Andrew Wheeler4 other2016-04
Shawn Fanning2 other2014-09
Amir Haleem1 other2014-09
Salle Yoo1 other2021-12
Rob Chandhok2016-04
Registry & provenance

Nova Labs, Inc. is an official record sourced from the U.S. Securities and Exchange Commission (SEC). U.S. data is aggregated from SEC Form D filings.

United States
Country of record
US
Jurisdiction
1619966
SEC CIK
Similar companies

Nearest neighbours across the whole database — matched on sector, stage and capital scale, and on shared operators (officers or directors named at both companies in public filings). A discovery shortlist, not a valuation cohort — verify before acting, the same way modeled figures are directional.

CompanySectorStageRaised · realValue · estWhy similar
Akili Interactive Labs, Inc.Software / TechSeries D+$165.0M$2.8Bnetwork1 shared operator · same sector · same stage
Solo.io, Inc.Software / TechSeries D+$166.8M$3.0Bsame sector · same stage
Genvid Technologies, Inc.Software / TechSeries D+$162.5M$2.7Bsame sector · same stage
R-Zero Systems, Inc.Software / TechSeries D+$161.9M$2.1Bsame sector · same stage
Know Labs, Inc.Software / TechSeries D+$176.6M$1.0Bsame sector · same stage
Cdata Software, Inc.Software / TechSeries D+$159.7M$3.1Bsame sector · same stage
Starburst Labs, Inc.Software / TechSeries D+$178.3M$1.3Bsame sector · same stage
Highnote Platform, Inc.Software / TechSeries D+$179.1M$1.3Bsame sector · same stage
Semantically similar

Matched by meaning, not labels — a local language model reads each company's name, sector and description and ranks the closest in that learned space. This catches look-alikes that cross sector boundaries; the structured list above explains its matches, this one trusts the text. Directional, like every modeled signal here.

CompanySectorStageValue · estMatch
Novatech, Inc.Other TechnologySeed$102.2M88%
Nova Analytic Labs LLCSoftware / TechPre-Seed$38.2M88%
Ncent Labs IncSoftware / TechPre-Seed$27.5M88%
NPC Labs, Inc.Software / TechSeries B$175.4M87%
Labs Companies, Inc.Software / TechSeries B$175.4M87%
Visual Labs, Inc.Software / TechPre-Seed$28.4M87%
Unto Labs, Inc.Software / TechSeries A$57.7M86%
New Edge Labs, Inc.Software / TechSeed$40.9M86%
Frequently asked
How much funding has Nova Labs, Inc. raised?
Nova Labs, Inc. has raised approximately $168.6M in disclosed capital across 4 recorded financing rounds, aggregated from public filings.
What is Nova Labs, Inc.'s estimated valuation?
Provath's modeled valuation for Nova Labs, Inc. is approximately $2.6B (modeled range $654.2M–$4.8B). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Nova Labs, Inc. at?
Nova Labs, Inc.'s latest modeled financing stage is Series D+. Its most recent recorded round closed around Mon Dec 20.
What does Nova Labs, Inc. do and where is it based?
Nova Labs, Inc. operates in the Software / Tech sector, based in SAN FRANCISCO.
Explore related

See where Nova Labs, Inc. sits in the wider market — its sector, location and stage cohorts, each with their own leaderboards and capital-flow timelines.

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