Novella secures $21m to expand AI brokerage

Novella, an AI-powered wholesale insurance broker, has raised $21m to expand its brokerage operations across the US, hire additional producers and continue developing its proprietary AI platform. The funding round was led by Brewer Lane Ventures and included participation from Box Group, Crystal Venture Partners, SV Angel, Avid Ventures, Verissimo Ventures, Blank Ventures and global […]

May 15, 2026 - 11:00
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Novella secures $21m to expand AI brokerage
Novella, an AI-powered wholesale insurance broker, has raised $21m to expand its brokerage operations across the US, hire additional producers and continue developing its proprietary AI platform. The funding round was led by Brewer Lane Ventures and included participation from Box Group, Crystal Venture Partners, SV Angel, Avid Ventures, Verissimo Ventures, Blank Ventures and global […]

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