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Valuation
$5.9M
Novel is your international business bank account
Last updated
In 2024, Novel's revenue reached $2M. The company previously reported $2.3M in 2024. Since its launch in 2021, Novel has shown consistent revenue growth.
Novel reached a $5.9M valuation in 2025, set during its M&A Offer round.
| Year | Round | Amount | Valuation | % Sold | Source |
|---|---|---|---|---|---|
| 2025 | M&A Offer | - | $5.9M | - |
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
We do not have customer count information for Novel yet.
Novel employs approximately 13 people as of 2026.
Novel generates an estimated $2M in annual revenue.
Novel was founded by Aldrin Clement.
The CEO of Novel is Aldrin Clement.
Novel raised $0.
Novel has 13 employees.
Novel is headquartered in Minneapolis, Minnesota, United States.
All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.
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2024 Revenue
$2M(Est.)
Funding
$0
Team
13
Founded
2021
| Year | Milestone | Source |
|---|---|---|
| 2024 | Novel Hit $2m revenue in December 2024 | Estimated |
| 2024 | Novel Hit $2.3m revenue in June 2024 | Estimated |
| 2021 | Launched with $0 revenue |
| Year | Milestone | Source |
|---|---|---|
| 2024 | Reached 13 employees (December 2024) | |
| 2024 | Reached 15 employees (June 2024) | |
| 2024 | Reached 15 employees (June 2024) |
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