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2024 Revenue

$2M(Est.)

Funding

$0

Team

13

Founded

2021

Novel Revenue (2024)

Novel generated an estimated $2M in annual revenue in 2024. Source: GetLatka estimate

Novel is your international business bank account

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Novel Revenue

In 2024, Novel's revenue reached $2M. The company previously reported $2.3M in 2024.

Novel Revenue GrowthReported revenue / ARR over time · latest figure estimated$0$500K$1M$1.5M$2M$2.5M2021202220232024$0$2.3M$2MSource: GetLatka.com
YearMilestoneSource
2024Novel Hit $2m revenue in December 2024Estimated
2024Novel Hit $2.3m revenue in June 2024Estimated
2021Launched with $0 revenue

Novel Valuation, Funding Rounds

Explore the complete funding history and valuation milestones for this company. Below you will find information about each funding round and key financial metrics that shaped the company's growth trajectory.

Novel Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$0$0.2$0.2$0.4$0.4$0.6$0.6$0.8$0.8$1$12021Source: GetLatka.com
YearRoundAmountValuation% SoldSource

Customers

We do not have customer count information for Novel yet.

Novel Employees & Team Size

Novel employs approximately 13 people as of 2026.

Novel Team GrowthReported headcount over time048121620212022202320240015151313Source: GetLatka.com
YearMilestoneSource
2024Reached 13 employees (December 2024)Not recorded
2024Reached 15 employees (June 2024)Not recorded
2024Reached 15 employees (June 2024)Not recorded

Frequently Asked Questions about Novel

What is Novel's revenue?

As of 2024, Novel generated an estimated $2M in annual revenue.

Who founded Novel?

Novel was founded by Aldrin Clement.

Who is the CEO of Novel?

The CEO of Novel is Aldrin Clement.

How many employees does Novel have?

As of 2024, Novel had 13 employees.

Where is Novel headquartered?

Novel is headquartered in Minneapolis, Minnesota, United States.

Data and Sources

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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