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Novi Labs
AddedFeb 15, 2024
UpdatedJun 18, 2026
Novi Labs

Novi Labs

Series A

Novi Labs: Providing machine learning software for shale, aiding in forecasting and investment decisions.

HQ
Austin, TX, US
Founded
2014
Overview
Compare
Fundraising
Employees
Website

Novi Labs, founded with a mission to revolutionize the oil and gas industry through advanced technology, focuses on providing machine learning software solutions for shale operations. Their core offerings include well planning software that aids operators in production forecasting, reserves estimation, and making informed investment decisions. Novi Labs primarily serves the oil and gas sector, with a significant presence in California.

Notable figures associated with Novi Labs include industry experts and seasoned investors who support its innovative approach. The company has achieved significant milestones, such as developing a comprehensive platform that integrates data analytics and machine learning to optimize oil and gas extraction processes. Novi Labs' impact is evident in its ability to enhance operational efficiency and decision-making in the energy sector, positioning it as a key player in the industry.

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Novi Labs - Quick Facts

Who are Novi Labs' competitors?

Companies similar to Novi Labs include Well Data Labs, NeuDax, AlphaX Decision Sciences and Novi.

When was Novi Labs founded?

Novi Labs was founded in 2014.

Where is Novi Labs' headquarters located?

Novi Labs' headquarters is located in Austin, TX, US.

When was Novi Labs' last funding round?

Novi Labs' most recent funding round was for $7M (USD) in May 2019.

How much has Novi Labs raised to-date?

As of May 15, 2019, Novi Labs has raised a total of $7M (USD).

How many employees does Novi Labs have?

Novi Labs has 27 employees as of Feb 4, 2024.

Novi Labs - Classification

Ownership
  • Equity
  • Venture Capital
Technology
  • AI
  • Machine Learning
Geographic Exposure
  • United States
Revenue
  • Recurring
  • SaaS
Customer
  • Enterprise
Main Product
  • Analytics
  • Software
Tags
  • Data
  • Energy
NAICS
  • 513200Software Publishers
  • 510000Information
  • 513000Publishing Industries
  • 513210Software Publishers
SIC
  • 7300Business Services
  • 7370Computer Programming, Data Processing, And Other Computer Related
  • 7372Prepackaged Software