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Haverford, Pennsylvania, March 20, 2024 /PRNewswire/ — NovaData Solutions, a leading provider of AI-powered software for real estate repair bill analysis, is pleased to announce the acquisition of new Series A investment funding led by Activate Venture Partners. This funding marks a significant milestone in NovaData Solutions’ growth and strengthens its position as a prominent player in the industry.
Peace of mind with NovaData solutions® The platform leverages artificial intelligence (AI) to automate the review and analysis of asset recovery invoices by identifying cost savings opportunities and detecting potential overcharges. This innovative approach has gained widespread recognition and industry adoption, solidifying NovaData Solutions’ reputation as a trusted partner for companies in the real estate restoration field.
“We are excited to welcome Activate Venture Partners as an investor in NovaData Solutions.” anthony troy, Co-Founder and CEO of NovaData Solutions. “Activate’s extensive experience will be invaluable as we continue to expand and innovate. It shows the confidence we have in our success.”
jeff davisonActivate’s venture partner said, “NovaData Solutions shows impressive growth potential and a clear vision for the future. We are excited to be part of the NovaData team and look forward to their continued support. I look forward to contributing to the development of the world,” he said, expressing his enthusiasm for the partnership. success. “
NovaData’s Series A funding led by Activate Venture Partners with participation from various private and institutional investors including Ben Franklin Technology Partners will enable the company to further strengthen its software capabilities, expand its market reach and accelerate growth can do. This strategic investment underscores NovaData Solutions’ commitment to providing unparalleled value to customers and solidifies its position as a leader in the insurtech market.
“We would like to express our sincere gratitude to Activate Venture Partners and our investors for their support.” chris troy, Co-Founder and President of NovaData Solutions. “As we embark on this exciting next chapter, we are confident that with the support of existing and new investors, NovaData Solutions will reach new heights of success. We are excited about the opportunities ahead. We are committed to driving continued innovation and growth.” ”
To learn more about NovaData Solutions and its AI-driven software solutions, visit novadata-solutions.com.
contact: chris troy, [email protected]
Source NovaData Solutions
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