Novellia

Summary active Updated Jun 3, 2026

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Location New York, NY
Founded 2023
Latest Stage Series A
Total Raised $28M

Investors

Spark Capital series-a (2026)
Khosla Ventures series-a (2026)
Acrew Capital series-a (2026)

Founders

Shashi Shankar Co-Founder & CEO
Elliot Katz Co-Founder & CTO

About

Novellia is a New York-based patient-controlled health data platform that helps individuals unify up to 20 years of medical records from disparate hospital systems, doctors’ offices, and labs in under 30 seconds, then share anonymized data with pharmaceutical companies and researchers 12. The company is founded by Shashi Shankar (CEO), who came from a pharma background, and Elliot Katz (CTO) 3. Its customers include several of the top 10 pharmaceutical companies and early-stage diagnostics firms 1.

Alongside the Series A, Novellia launched a patient-facing mobile app extending its online platform that allows individuals to securely access their complete health history 1.

Funding History

Date Round Amount Lead Co-investors
2026-06-02 Series A $18M Spark Capital Khosla Ventures, Acrew Capital, Bling Capital, TMV 123

Total funding to date: $28M 1.

What Investors Say

“For a long time, I looked for a company like Novellia. Shashi understood the problem firsthand and built the solution that benefits patients and research.”

— Alex Finkelstein, Spark Capital, June 2, 2026 1

“That gap between willingness and infrastructure is exactly what Novellia solves by creating a new category of patient-consented data.”

— Emma Silverman, TMV, June 2, 2026 1

What Founders Say

“Behind every patient is a fragmented, incomplete record of their life. I watched this up close: first through my grandfather’s cancer journey and then professionally in pharma, where we were developing therapies without ever seeing the full picture.”

— Shashi Shankar, CEO, June 2, 2026 2

“Novellia changes the course for this whole industry by putting the patient at the center.”

— Shashi Shankar, CEO, June 2, 2026 1

Sources


  1. Novellia, “Novellia Secures $18M Series A to Scale Patient-Powered Data Platform, Solving Pharma’s $50B Problem,” PR Newswire, June 2, 2026. Accessed June 2026. https://www.prnewswire.com/news-releases/novellia-secures-18m-series-a-to-scale-patient-powered-data-platform-solving-pharmas-50b-problem-302788565.html

  2. SiliconANGLE, “Novellia raises $18M to scale patient-controlled medical data platform,” June 2, 2026. Accessed June 2026. https://siliconangle.com/2026/06/02/novellia-raises-18m-scale-patient-controlled-medical-data-platform/

  3. MedCity News, “Novellia Snags $18M for Its Real-World Data Platform,” June 2026. Accessed June 2026. https://medcitynews.com/2026/06/novellia-data-healthcare-pharma/