Novi Labs
Austin, Texas, United States
How Novi Labs hit $918K revenue with a 23 person team in 2021.
Developer of a cloud-based software platform designed to optimize shale asset field development decisions in the oil and gas industry. The company's software leverages machine learning technologies for combining high-performance cloud computing resources with open source algorithms to evaluate large and heterogeneous data sets and discover hidden insights, enabling oil and gas companies to drive efficiency in planning workflows and optimize the economic value of drilling programs.
2014
Founded
$918K
2021 Revenue
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YOY
$0
Funding
Novi Labs Revenue
In 2021, Novi Labs revenue run rate hit $918K in revenue.
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2021
Novi Labs hit $918K in revenue in 2021
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2014
Novi Labs launched in 2014 with $0 revenue
Novi Labs Funding History
No funding has been reported for Novi Labs yet.
Team
Novi Labs has 23 total employees and 18 sales reps that carry a quota. an engineering team of 80 and a marketing team of 2.
| DISTRIBUTION | QTY |
|---|---|
| Total team size | 23 |
| Engineer | 80 (348%) |
| Sales | 18 (78%) |
| Marketing | 2 (9%) |
Founder / CEO
Scott Sherwood
Scott Sherwood’s career spans more than twenty years in sales, management and consulting. He is CEO of Novi Labs, LLC, an Austin technology startup that combines artificial intelligence with oil and gas analytics to plan unconventional wells and optimize financial returns. Prior to Novi, Sherwood served as CEO at Packet Design and led sales at Cache IQ, a network-based caching company that was acquired by NetApp in 2012. Before that, he led all aspects of global sales and business development for ScienceLogic, a leading operations and cloud management company. Earlier in his career, Sherwood was Senior Vice President of Worldwide Sales at NetQoS, where he helped the company acquire a "who's who" of Global 2000 customers including half of the Fortune 50, grow revenues from $200,000 to $56 million at a 50% CAGR, and deliver 31 consecutive quarters of double digit revenue growth. He earned a degree in Information Systems from James Madison University College of Business.
Q&A
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Customers
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Novi Labs Executives
| Name | Position | Working Email | Personal Email |
|---|---|---|---|
| Scott Sherwood | CEO | [email protected] | - |
Novi Labs Employees
| Name | Position | Working Email | Personal Email |
|---|---|---|---|
| Scott Sherwood | CEO | [email protected] | - |
Frequently Asked Questions about Novi Labs
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When was Novi Labs founded?
Novi Labs was founded in 2014.
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How much revenue does Novi Labs generate?
Novi Labs generates $918K in revenue.
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Who is the CEO of Novi Labs
The CEO of Novi Labs is Scott Sherwood.
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How much funding does Novi Labs have?
Novi Labs raised $0.
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How many employees does Novi Labs have?
Novi Labs has 23 employees.
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Where is Novi Labs headquarters?
Novi Labs is headquartered at Austin, Texas, United States
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