Novel announces Seed Round Extension to further their Revenue Growth Platform

UPFRONT CAPITAL™:

Scale your SaaS Company with flexible, non-dilutive capital

Get up to $5M in non-dilutive capital in 30 days or less. Purpose-built for B2B SaaS businesses with recurring revenue. Our flexible approach means no warrants, no personal guarantees or penalties for early repayment.

4.8 stars  90+ Trustpilot reviews 

150+ Companies Trust Us​

Capital Purpose-Built for SaaS and Tech Founders

We've funded over 150 SaaS and tech companies. We know what drives revenue, growth efficiency, and enterprise value for SaaS and tech businesses — and we’ve built our financing model to fuel it.

Flexible Payment Terms

Choose from 3 to 24-month repayment schedules that align with your cash flow cycles. Whether you need quick-turn working capital or longer-term growth funding.

Draw What You Need, When You Need It

Access capital on-demand over 12 months. Only pay interest on funds you’ve actually drawn—perfect for scaling sales teams or seasonal growth investments.

Capital That Scales With Success

As your revenue grows, unlock additional funding capacity. We reward performance with increased access, not higher costs or restrictive terms. 

Built to Understand Recurring and Predictable Revenue Models

We’re experts in SaaS and technology businesses with recurring, subscription, or predictable revenue—even if you combine SaaS, services, or transactions. Our underwriting flexes to your business model, so you get credit for the revenue you’ve built.

From $100K bridges to $5M growth rounds—financing that fits your stage and ambition

Smart Technology, Human Partnership

Our technology has analyzed over 1,000 SaaS and tech companies, but algorithms don’t build companies, founders do. That’s why every funding decision includes real people who understand your business challenges and goals.

Get Funded in 3 Simple Steps

1

Connect Your Data

Securely sync your analytics and reporting tools to our platform—granting read-only access.

2

Get Your Terms

Complete our streamlined application and receive a personalized funding offer tailored to your growth.

3

Access Capital

Accept the terms, and your funding is delivered in less than 30 days.

Capital That Moves at the Speed of Your Growth

Whether you're scaling your first sales team or preparing for your next major round, Novel provides the strategic capital that ambitious SaaS founders rely on

Hire Proven Sales Talent When You Find Them

Fund enterprise AEs with track records in your space, plus the sales engineers and BDRs to support them—without waiting 6+ months for your next fundraise.

Bridge to Your Next Round on Your Timeline

Extend runway 12-18 months so you raise when market conditions and metrics align for premium valuations. Hit the growth milestones and unit economics that investors reward.

Double Down on Winning Growth Channels

Scale your Google Ads spend, expand into new paid channels, or secure that tier-1 conference presence—when you know the ROI math works but need upfront capital.

Navigate Enterprise Sales Cycles Smoothly

Cover payroll during 90-day customer payment cycles, fund customer success hires ahead of expansion opportunities, or bridge seasonal revenue patterns without stress.

Trusted by 150+ Growing SaaS Companies

See how B2B SaaS leaders use Novel to accelerate growth without dilution

4.8 stars  90+ Trustpilot reviews 

The team at Novel has taken a much-needed approach to funding… For growth stage companies, the process is simpler and more accessible when compared to the old, broken legacy approach of banks and equity investors.

— Richard Campbell | CEO, SymplyFi

We’ve been working with Novel for a couple of years and have been delighted with them — very straightforward, and the cost of capital is super-reasonable compared to some of the other venture debt providers we’ve looked at.

— Sam Bogoch | CEO, Axle AI

As the co-founder and CEO of a fast-growing B2B Enterprise SaaS company, having access to non-dilutive capital from Novel Capital to fund our growth has been a game changer. The Novel Team gets it and understands our unique needs.

— Kevin Rindal | CEO, Vimocity

Working with Novel feels like a true partnership. They get to know and understand my business… Their customer portal makes it easy to track and manage everything.

— Alex Cummings | CEO, FlowPath

As an early-stage founder, access to non-dilutive capital is essential. Equity is necessary but expensive. Novel had a thoughtful and straightforward process to evaluate and fund an appreciable amount of capital for our business.

— Jonathan Fishman | Founder & CEO, LaanLaw

Novel was a breath of fresh air… it is wonderful to finally find a lending partner with a true customer-focused DNA and a strong understanding of how to serve Enterprise SaaS companies properly.

— Marius Moscovici | Founder & CEO, Metric Insights

See if you qualify for financing

Most B2B SaaS companies with consistent revenue growth are a great fit for Novel's financing

$500K+ Annual Revenue

Consistent monthly sales with predictable revenue patterns 

24+ Months in Business

Established operations with trackable financial history 

B2B SaaS or Tech Company

Software, technology, or digital service businesses

US-Based Operations

Companies incorporated and operating in the United States 

Ready to see how much capital you could access? Connect your data for an instant pre-qualification estimate.

Speak to our financing experts

Have questions about how Novel's financing works for your specific situation? Our team of SaaS financing experts is here to help you explore your options and find the right capital solution.

SaaS-Focused Expertise

Our team understands recurring revenue models, growth metrics, and scaling challenges

No-Pressure Consultation

Get honest advice about whether Novel is the right fit for your goals

Strategic Guidance

Beyond funding—discuss timing, structure, and growth strategy

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Get Smarter About Capital & Growth

At Novel, we understand that running a company is about more than just developing a brilliant product. That's why we're here to help you along every step of your journey, making sure you have the resources you need to build a successful, sustainable SaaS business.

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