NovaData Solutions

The company says its AI technology platform assists people who audit restoration invoices and describes manual audits as outdated, time-consuming, inefficient, and expensive.

The property insurance industry is experiencing a hard market for direct and reinsurance products, making risk managers’ jobs increasingly complex.

NovaData says customer experience is central to its work and critical to businesses, including property claims handling.

The company says its employees contribute to its success.

Chris Troy is NovaData’s co-founder and president, with over 35 years of property insurance industry experience. He helps align NovaData’s platform with the industry’s evolving needs.

Rest Assured delivers faster remediation invoice processing​ to the claims industry by leveraging advanced AI and machine learning.

The privacy statement applies to RestAssured and NovaData Solutions, LLC and governs data collection and usage.

NovaData Solutions secures Series A funding led by Activate Venture Partners to advance its AI-driven software for analyzing property restoration invoices. The round also involves Ben Franklin Technology Partners and additional institutional and individual investors. The company specializes in automating invoice processing for restoration businesses.

Mar 2024Pulse 2.0News article

NovaData Solutions raises funding from Activate Venture Partners to advance its AI-driven software for analyzing property restoration invoices. The company specializes in automating invoice processing for restoration businesses. This investment supports further development of its core technology platform.

Mar 2024PR NewswireNews article