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Novi Labs
Machine learning driven well planning software platform for shale
About Novi Labs
Novi Labs provides a sophisticated artificial intelligence and machine learning platform tailored for the oil and gas industry. The company's core offering is a cloud-based analytics platform that assists energy operators and investors in making more informed capital allocation decisions.
By leveraging data-driven insights and predictive modeling, the software enables users to forecast well performance and optimize drilling strategies, thereby maximizing the economic value of their investments. The platform is designed to model complex geological and operational variables, providing a comprehensive tool for assessing the risk and return of new wells. The business model is centered on providing this advanced analytical capability as a service, targeting exploration and production companies that are looking to enhance their operational efficiency and investment returns through technology.
Source: Dealroom company dataAt a glance
- Founded
- 2014
- Headquarters
- Austin, United States
- Sector
- Energy
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Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed2 investors entered at this stage
Silverton Partners
Montrose Lane
Series B and later1 investor entered at this stage
Invictus Growth Partners
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
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