Novella, an AI-powered platform simplifying specialty insurance placements, has secured $21.0M in Series A funding to expand its reach among brokers and carriers. The capital infusion will bolster its mission to help insurance brokers find coverage for their most complicated customers, making it easier to navigate the excess and surplus (E&S) market and enabling specialty carriers to write more business.
The Series A round drew investment from Brewer Lane Ventures, Crystal Venture Partners, BoxGroup, Avid Ventures, Blank Ventures, and Verissimo Ventures.





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