Novable

Introduction

Novable is a technology company specializing in corporate innovation. The company offers a range of services, including startup scouting, innovation scouting, and corporate venturing. Novable's AI-powered platform and human expertise connect innovation and industry to create better opportunities at scale. The platform uses DeepMatching™ technology to deliver swift, precise results that match clients' specific requirements. With Novable, clients can benefit from a constant flow of innovative companies feeding their teams with new ideas. Novable has a dedicated team of agents who provide detailed and non-public information about any company on demand, going the extra mile to deliver users in-depth validation and vetting solutions. Novable's prices are customized based on punctual needs, so clients can purchase a specific number of campaigns and run them when they are required. Clients can sign up for free or request a personalized demo to get a feel for the platform. Novable is an affordable and efficient solution for any CVC initiative and innovation consultant looking for startups in nooks and crannies.

TLDR

Novable is a technology company specializing in corporate innovation. Its AI-powered platform uses DeepMatching™ technology to deliver precise results that match clients' specific requirements, and its dedicated team provides in-depth validation and vetting solutions. The company offers startup scouting, innovation scouting, and corporate venturing services, bringing together innovation and industry to create better opportunities at scale. Novable's affordable pricing, customized based on clients' punctual needs, ensures a constant flow of innovative companies feeding their teams with new ideas. Novable keeps iterating until it converges towards accurate results, delivering blue oceans that no other solution could find. Clients can sign up for free or request a personalized demo to get a feel for the platform.

Company Overview

Novable is a technology company that envisions a world where innovation and industry connect seamlessly to speed up the world's transformation. The company believes that frictionless innovation flows create better opportunities at scale for the whole society. It aims to bring together the best of two worlds: small, agile organizations that spark new ideas and technologies, and industrial power that industrializes them.

Novable understands that startups are the most powerful future prediction engine, and corporations must turn to them to stay ahead. The company's mission is to make innovation more visible and innovative by connecting external innovation to industrial strategies.

Novable offers an AI-powered platform and human expertise for corporate innovation. The company provides a range of services, including startup scouting, innovation scouting, and corporate venturing. The platform leverages DeepMatching™ technology to deliver top-quality results that match clients' specific requirements. Novable's agents onboard teams on the platform and guide them through innovation and startup scouting intricacies, providing support whenever needed.

Clients can benefit from Novable's services in multiple ways. Novable is the procurement professionals' partner for innovation sourcing that helps them find thousands of innovators not listed in traditional supplier databases. The company also ensures a constant deal flow of relevant startups aligned with an investment thesis, and clients can receive insights, signals, and alerts about their portfolio's environment or landscape a given location, topic, or ecosystem. Novable provides investors, VCs, corporate venture capital funds, and accelerators with access to the smartest corporate venturing platform on earth.

Novable's AI keeps iterating until it converges toward accurate results. Clients can benefit from Novable's technology to benchmark potential companies they could be interested in, stay in the state-of-the-art, and know what is happening outside of the bubble. Novable's technology helps its clients to be more efficient in their tasks and find the right thing to develop and do it on time.

Novable values its clients' feedback and is proud to share its client stories that show its success in delivering top-quality results. The company has offices in Liege and Brussels in Belgium, and its email address is [email protected] Clients are also welcome to join its community on LinkedIn to stay up-to-date on the latest news and trends.

Features

AI-powered Matching Engine

DeepMatching ™

Novable’s AI-powered matching engine, DeepMatching ™, allows users to enter a search briefing using natural language and guides them until they receive a ranked list of relevant startups based on their needs and requirements. This innovative AI tool uses machine learning to deliver swift, precise results, and can be trained to improve further deliveries, giving users the power to tag their results. With DeepMatching ™, users can access an unlimited database of 2+ million innovative companies worldwide, in any language or topic, and get instant results from the full startup context.

Browse and Decide

With Novable’s AI-powered matching engine, users can browse their ranked list of startups and decide at a glance whether it’s a fit or not, without the need for long tables with piecemeal data. Users can also follow companies, request lookalike searches, and train their AI for even better further results. The new way of browsing corporate innovation is here.

Action on the Best Companies

After browsing relevant startups, users can take action on the best companies quickly and efficiently. With Novable’s toolbox, users can share with colleagues, save for later, follow them, and even be notified of any future activity. This feature is a toolbox for preparing for engagement; it helps users be proactive and stay ahead of the competition, and is perfect for CVC initiatives and innovation consultants.

Expertise of a Dedicated Team

Validation and Vetting Solutions

Novable’s corporate venturing platform is complemented by the expertise of a dedicated team going the extra mile to deliver users in-depth validation and vetting solutions. With Novable Agents included in every campaign, users have their personal scouting butler at hand for anything. A Novable Agent will help and guide users throughout their scouting journey, quality-check what they get, curate and vet startup candidates, and validate them upon their criteria and requirements.

Detailed, Non-Public Information

Novable gives users detailed and non-public information about any company on a click of a button within two days. This information includes Intellectual Property, such as patents and trademarks; People, such as founders and managers; or Business information, such as finance, funding, USP, verticals, and much more. Users can use this feature as their first step into due diligence.

Activity-Based Data First

Novable provides users with activity-based data first, including mentions in news, tweets, website snapshots, key topics, and financial data. This feature gives users everything they need to make swift decisions and stay ahead of the competition. Furthermore, the more users tag, the less they will have to tag due to Novable’s internal AI improvements that use feedback loops to increase accuracy and relevance.

Efficiency and Innovation

Swift, High-Quality Results

Novable’s AI keeps iterating until it converges toward accurate results. Compared to other AI tools, Novable’s approach uses feedback loops to refocus the AI toward convergence. This innovative approach helped Novable find over 75% of the companies identified by one consultant, while also finding many other high-quality startups that other tools couldn’t find. With Novable, users can rest assured that they are getting swift, high-quality results.

Incredible Results in Limited Time

With Novable, users can get incredible results in a limited time frame. In one specific customer request for practically a non-existing technology in eCommerce, Novable managed to find 3 times the amount of companies that a user had found after multiple weeks of research. These high-quality startups were completely under the radar, meaning the user was the first to reach out to them. Novable delivers a blue ocean that no other solution could find.

Constant Flow of Innovative Companies

Novable’s partnership ensures a constant flow of innovative companies for users, feeding their teams with new ideas. The pharmaceutical industry requires constant innovation, and Novable helps users to be more efficient, find the right thing to develop, and do it on time. To stay in the state-of-the-art, users need to know what is happening outside of the bubble. Using Novable to benchmark the potential companies they could be interested in is extremely useful.

Pricing

Novable offers an all-in-one startup scouting platform for new technologies, powered by AI, a constantly growing startup database, a delivery platform, and a professional service. Their full range of scouting components promises to deliver the best-in-class quality and guaranteed results. Prices are customized based on the number of Campaigns required throughout the year, with a Campaign being an end-to-end process from the onboarding meeting with a dedicated Novable Agent to the final delivery. Overall, it aims to deliver a return on investment that will always hold.

Novable offers custom pricing based on punctual needs, so clients can purchase a specific number of Campaigns and run them when they are needed. Additionally, retainer-based batches ensure a degressive pricing structure and full availability of the Novable Agent. The best way to grasp the full value of the Novable experience is to book a personalized demo with one of their use cases. Alternatively, clients can sign up automatically for free to get a feel for the platform without guidance.

Novable's enterprise-grade scouting technology uses DeepMatching™ to deliver top-quality results for specific requirements. Each Novable client has a dedicated Novable Agent to guide them through the intricacies of innovation and startup scouting, providing support as needed. Clients can also take advantage of specific or complex scouting campaigns managed by their Novable Agents and team. From the first briefing sessions to first engagement steps, Novable leverages DeepMatching™ technology to deliver long- and short-lists of pre-checked startups, including interviews with founders, growth and potential evaluation, and personal introductions to startups through personalized Demo Days.

In-depth information packages about startups clients select from their Golden Baskets are also available. Novable gathers non-public information about the company, running analysis about business models, USPs, products and services, competition and stakeholders, and offering an optional direct contact with entrepreneurs with an exclusive video pitch. These ECPs are delivered on the Novable Platform and on shareable documents.

Clients that want a report on a specific innovation topic will find Novable useful. Novable leverages its goldmine database to give an overview of a given innovation theme through the prism of startups active in the field that are the most representative of the trend and its variations. Reports are delivered in PDF, lists or workshops, including the commented presentation of relevant startups by Novable Agents and recognized experts from the network.

Novable has a proven record of delivering results, as exemplified by customer reviews. For example, Novable helped a customer with a very specific request that was practically non-existing in eCommerce to find three times the amount of companies they had identified after multiple weeks of research. Novable managed the task in just two iterations of two hours each, bringing to the forefront relevant companies that were previously completely under the radar. Overall, Novable is an affordable and efficient solution for any CVC initiative and innovation consultant looking for startups in nooks and crannies.