Novable is an AI-powered startup scouting platform that connects startups and industrial power, enabling the fast transformation of the world. Novable believes that innovation is crucial in today's world and has a deep commitment to bringing together small and agile organizations with the power of industrial organizations and combining external innovation to industrial strategies.
Through its AI-powered matching engine called DeepMatching™, the company delivers top-quality results based on the specific needs of clients. Novable's clients leverage the platform for specific or complex scouting campaigns, including in-depth information packages about the startups they select from their golden baskets.
The company provides clients with access to non-public information like Intellectual Property, People, and Business within a touch of a button within two days. Novable has a machine learning feature that tags the results to improve further deliveries, putting activity-based data first, clients can make better decisions. Additionally, Clients can explore Novable's database of over 2 million innovative companies worldwide with any topic or language.
Novable's AI-powered engine delivers rapid results that meet clients' requirements and steer them in the right direction.
TLDR
Novable is an AI-powered startup scouting platform that connects startups to industrial power. The company combines small organizations' agility with industrial organizations' power to drive innovation, growth, and transformation. Novable's top-quality results are based on the specific needs of clients, and non-public information is accessible with a touch of a button within two days.
The platform's machine learning feature tags the results, enabling clients to make better decisions. With over 2 million innovative companies worldwide accessible to clients, Novable delivers rapid results that meet clients' requirements and steer them immediately in the proper direction. Novable Agents, highly skilled and experienced experts, are included in every campaign, ensuring clients get quality-checked startups according to their specific needs, requirements, and limitations.
Novable offers retainer-based batches that ensure degressive pricing and full availability of users' Novable Agent, with pricing varying based on campaign specifics.
Company Overview
Novable is a corporate venturing platform connecting startups and industrial power to drive innovation, growth, and transformation on a global scale. The company believes that innovation is important in today’s world, especially in these troubled times.
They envision a world where innovation and industry powers connect seamlessly, leading to a faster transformation of the world. They are technology optimists and believe that tech innovation can contribute to solving major societal issues and world problems if enough industrial power is injected into the process.
Novable facilitates corporate innovation by combining the benefits of small, agile organizations to spark new ideas and technologies with the power of industrial organizations to industrialize them. The company connects external innovation to industrial strategies, making innovation more visible and innovative on a large scale. Startups are considered the best future-prediction engine ever developed, and Novable aims to make them more visible to meet specific requirements of clients.
The company achieves its objectives through its AI-powered matching engine called DeepMatching™, which provides top-quality results based on specific requirements of its clients. Novable is not a database, but an enterprise-grade scouting technology delivering results that are vetted and validated by a dedicated team. Each client has a dedicated Novable Agent to onboard teams on the platform, guide them through innovation and start-up scouting, and provide all the support needed anytime.
Novable's clients leverage their expertise for specific or complex scouting campaigns, including in-depth information packages about start-ups they select from their golden baskets.
Novable's clients come from different industries, including procurement professionals who require innovation sourcing, investors, VCs, corporate venture capital funds, and accelerators who use the company's technology to receive insights, signals, and alerts about their portfolio's environment. The company also delivers reports in PDF, lists, or workshops, including the commented presentation of relevant startups by Novable Agents and recognized experts from their network. Novable's clients speak highly of them, with some saying that they found three times the amount of companies they had after multiple weeks of research, while the quality of the startups was top-notch (over 66% match rate).
Novable's AI keeps iterating until it converges with accurate results. It uses feedback loops that refocus the AI to reach convergence, allowing it to find incredible companies that our own research and other tools were unable to find.
With offices in Liège and Brussels, Novable is committed to fostering innovation scouting through a collaborative journey toward corporate innovation. Clients can reach them at [email protected] or join their community at Linkedin to know more about their services.
Features
AI-Powered Startup Scouting
DeepMatching™
Novable uses an AI-powered matching engine called DeepMatching™ that complements the expertise of its dedicated team of professionals. The engine matches startups with corporates based on natural language inputs that cater to the needs and requirements of the client.
Golden Basket
Clients are presented with a ranked list of relevant startups based on their natural language input. This feature is referred to as the "Golden Basket" and makes it easier for clients to decide the startups that are a good fit for them. The rankings are based on the most relevant startups that meet clients' needs and requirements.
Lookalike Searches
Another AI-powered feature in Novable is the ability to run lookalike searches. Clients can request for eligible startups similar to the ones in their ranked list. This feature comes in handy in scenarios where clients want to diversify their portfolio or need more options to choose from.
In-Depth Validation and Vetting Solutions
Quality-Checked Startups
Novable Agents are part of each campaign and help clients through the entire scouting journey to ensure they only receive quality-checked and validated startups based on their criteria and requirements. Clients don't have to worry about scouring through a plethora of startups to find the perfect fit anymore.
Due Diligence within 2 Days
A feature that sets Novable apart is access to non-public information like Intellectual Property, People, and Business within a touch of a button within two days. This feature helps clients fast-track the due diligence process and make informed decisions faster.
Activity-Based Data First
Novable has a machine learning feature that tags the results to improve further deliveries. The more the clients tag, the fewer Novable Agents will have to tag. By putting activity-based data like mentions in news, tweets, website snapshots, and key topics first, clients can make better decisions.
Exploration and Benchmarking of Innovative Companies Worldwide
2+ Million Innovative Companies Worldwide
Novable has a database of over 2 million innovative companies worldwide that users can explore with any topic or language. Clients can also access in-depth information about a startup's finance, funding, USP, verticals, and more. This feature helps clients discover startups they may have overlooked and helps firms stay on top of the state-of-the-art in their respective markets.
Saves Time and Effort
Searching for the perfect startup can be hard and time-consuming. Novable saves users time and effort by presenting them with the most relevant startups in the market. Clients can take action on the best companies like share with colleagues, save for later, follow them, and be notified of any future activity.
Overall, Novable is a toolbox that prepares clients for engagement.
Converging Results
Novable's AI keeps iterating until it converges towards accurate results. Novable uses feedback loops that refocus the AI to reach convergence. This method helped clients find startups that their own research and other tools couldn't have found.
It's also worth noting that Novable found 75% of the companies identified by Novable's consultant.
Personal Scouting Butler
Novable Agent
Novable has a human touch with its personal scouting butler, Novable Agent. The Novable Agent is available to guide clients throughout their scouting journey.
The agent quality-checks the lists of startups and curates and vets the startup candidates based on clients' criteria and requirements. The in-depth validation and vetting solution is aptly complemented by the AI-powered features of Novable.
Rapid Results
One of the benefits of working with Novable is the fast and clear results. Clients don't have to waste time waiting for weeks or months to get results about the startups they're interested in. Novable's AI-powered engine features rapid results that meet the clients' requirements and immediately steer them in the right direction.
Campaign Inclusion
Novable Agents are included in every campaign, so clients don't have to worry about paying extra for the personal scouting butler. Clients can have peace of mind that they're getting quality-checked startups based on their criteria and requirements without any extra charges.
Pricing
Novable offers an all-in-one AI-powered startup scouting platform, including a growing startup database, delivery platform, and professional service to deliver best-in-class quality and guaranteed results. Pricing is customized based on the number of Campaigns required throughout the year; a Campaign is an end-to-end process, from onboarding to final delivery. Pricing is designed to meet your punctual needs, with customised pricing for specific project needs.
Novable offers retainer-based batches that ensure degressive pricing and full availability of your Novable Agent, with pricing varying based on campaign specifics. The best way to get a feel for Novable's full value is to schedule a personalized demo with one of your use cases, or sign up automatically for free to get a taste of the platform without guidance.
Novable's deepmatching technology delivers top-quality results based on your specific requirements, and every Novable client gets a dedicated Novable Agent to provide guidance and support throughout the process. With specific or complex scouting campaigns managed by your Novable Agents and team, you'll receive 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.
Novable also offers in-depth information packages about the startups you select from your Golden Baskets. Novable gathers non-public information about the company and runs analysis about business models, USPs, products and services, competition and stakeholders, including optional direct contact with entrepreneurs with an exclusive video pitch.
Intrigued or curious about a specific innovation topic? Novable leverages their goldmine database to give an overview of the 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 their network.
With Novable's AI continually iterating until it converges toward accurate results, Novable has helped numerous companies find incredible startups that other research and tools were unable to find.
FAQ
What is Novable?
Novable is the smartest corporate venturing platform on earth that connects you with the best startups to drive innovation, growth, and transformation – using artificial intelligence and human expertise. Novable's Startup Scouting is the process of identifying, evaluating, and selecting the best startups to work with to ensure that the right startups will enter your radar in due time.
What is Startup Scouting?
Startup scouting is part of the corporate venture engagement. More specifically, it is the process of identifying, evaluating, and selecting the best startups to work with. The purpose is to ensure that the right startups will enter your radar in due time.
How does Novable's campaign work?
Novable's Campaign is an iterative process of finding the best startups specifically defined by your needs. Instead of a normal 4-8 week scouting period, Novable delivers the first full batch of results in 2 days. The campaign is a tailor-made search designed to provide you with the best possible outcomes.
What are Novable Agents?
Although AI technologies have come a long way, they’re only the first part of the process. Novable Agents are scouting experts who come into play, guaranteeing the quality of the AI’s results by providing their insights. They ensure the quality of the startup's output and provide their expertise to rectify any gaps in the AI's functioning.
How does Novable differ from other traditional scouting teams?
Novable has an edge over traditional scouting teams. Instead of a normal 4-8 week scouting period, Novable delivers the first full batch of results in 2 days. Novable's AI keeps iterating until it converges toward accurate results.
Novable takes a different approach and uses feedback loops that refocus the AI to reach convergence. Furthermore, the efficiency of Novable Agents complements the AI's functioning giving customers the best experience possible.
