Novel Ventures

What Novel Ventures does

Novel Ventures LLC is a US-based startup studio and dev shop founded in 2021, headquartered in Dallas, Texas. The company provides end-to-end product development services — including MVP development, strategy and product consulting, and mobile and web application development — to early-stage startups and growth-stage companies. It markets an "onshore development, offshore pricing" model, claiming 35% lower MVP costs than in-house teams and offering free consultations with a 24-hour callback commitment. The company combines capital with product expertise and targets impact-driven ventures, positioning itself as both investor and developer.

The technology stack centers on full-stack mobile and web product development using modern frameworks, with a modular development architecture designed to support rapid MVP deployment and iteration based on real user feedback. Novel Ventures' primary product asset is Myte, an all-in-one donation platform connecting nonprofit organizations with donors, distributed via iOS App Store and Google Play. Myte integrates Stripe, Apple Pay, and Google Pay for one-tap giving, and includes a personalized nonprofit discovery recommendation engine that adapts to user preferences and feedback.

The business operates on three professional services revenue streams: MVP development, strategy consulting, and custom mobile/web development, all priced on a quote-based, project-scoped basis with multi-year client relationships emphasized. Distribution is primarily direct via the company website, with HubSpot-powered consultation booking and partnership-manager-led business development. Content marketing through blog, Medium, LinkedIn, Instagram, X, and Clutch functions as top-of-funnel demand generation. The ~12-person team is distributed across six US cities (San Diego, Dallas, Portland, Ojai, Chicago, Chattanooga), with senior leadership including a founder with 15+ years of venture capital experience, a managing partner, a CTO with prior work for Boeing, Coca-Cola, Verizon, NFL, and NASCAR, and a Head of Design from Airbnb and Y Media Labs.

Name

Novel Ventures

Legal name

Novel Ventures LLC

Website

https://novelventures.com

Company type

Private

Founded year

2021

Operating status

Operating

Headcount range

1–10 employees

Short description

Novel Ventures is a US-based startup studio and dev shop founded in 2021 that provides end-to-end MVP development, strategy consulting, and mobile/web product development for startups and growth-stage companies, alongside impact-driven portfolio ventures such as Myte, a donation platform.

Ownership category

akta.pro rank

Product category

Startup Studio & Product Development Services

NAICS

Software Publishers (513210), Other Investment Pools and Funds (5259)

SIC

Services-Computer Programming Services (7371), Services-Management Consulting Services (8742)

akta.pro primary industry

Venture Studios / Company Builders (FSANAAAH)

Keywords

• MVP development services
• Startup studio services
• Product development consulting
• Mobile app development
• Venture studio

Headquarters

HQ city

Dallas

HQ country

United States

HQ region

North America

Offices6 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Technology or R&D, Operations, Marketing or Sales

Revenue model

1. MVP Development Services: Full-service end-to-end product development for startups and companies looking to launch new products. Delivers MVPs with strategy, design, development, and launch support.
2. Strategy & Product Consulting: Advisory services helping businesses identify technology opportunities and build execution plans for growth.
3. Mobile & Web Product Development: Custom development services for building from scratch or scaling existing products, covering both mobile (iOS/Android) and web platforms.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels7 records

Core offering

Novel Ventures is a US-based startup studio and dev shop providing full-service, end-to-end product development for startups and growth-stage companies. Core services include MVP development, strategy and product consulting, and mobile and web product development, delivered by an onshore US team at offshore-equivalent pricing. The firm also builds and operates portfolio ventures, most notably Myte, an all-in-one donation platform connecting donors with nonprofits.

Product overview

Novel Ventures operates as a startup studio and dev shop offering full-service, end-to-end product development. The company provides a portfolio of services including MVP Development, Strategy & Product Consulting, and Mobile & Web Product Development. Their flagship venture product is Myte, an all-in-one donation platform that connects nonprofits to donors with features including real-time nonprofit discovery, frictionless mobile wallet payments (Apple Pay, Google Pay, Stripe), personalized cause recommendations, and tax automation. The services and products work together to help clients take ideas from concept through launch and ongoing growth.

Differentiator

Problem solved

Functional benefit

Products and services

• Myte All-in-one donation platform connecting donors with nonprofits in real-time. Users can discover charitable causes, donate via Apple Pay, Google Pay, and Stripe, receive personalized cause recommendations, and track donation impact with consolidated tax receipts. Targeted at nonprofit organizations and individual charitable donors.
• MVP Development End-to-end Minimum Viable Product development service for startups and growth-stage companies looking to launch new products. Includes strategy, design, development, and launch support, with iteration on real user feedback to enable rapid learning and scaling.
• Strategy & Product Consulting Strategic consulting service to identify opportunities for technology to grow a business and build execution plans. Focused on holistic development strategy, transparency, expertise, and trust for founders and growth-stage companies.
• Mobile & Web Product Development Full-service mobile and web application development for building from scratch or scaling existing products. Covers iOS, Android, and web platforms with expert teams delivering client ideas to life.

Quantifiable outcome

• 35% lower MVP costs compared to in-house teams
• +2 more outcomes

Named customers1 record

Segments4 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration3 records

AI capability1 record

Feature2 records

Partnerships

One partnership is on record.

• StripecoreTechnology or IntegrationPayment processing infrastructure integrated into the Myte donation platform, enabling secure transaction handling for charitable donations.

Scale indicators4 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Science Inc. Science Inc. is a Los Angeles-based startup studio that builds, funds, and launches technology companies. Its combination of operational building, capital provision, and venture creation directly parallels Novel Ventures' studio-plus-dev-shop model.
• Idealab: Idealab is one of the longest-running US startup studios, creating and launching internet-based businesses. Its studio-plus-services structure mirrors Novel Ventures' approach of building companies internally while also taking on outside work.
• High Alpha: High Alpha is a venture studio that partners with founders to build B2B SaaS companies, combining capital with a dedicated studio team. It is comparable to Novel Ventures in providing both funding and operational product-building services.
• Atomic: Atomic is a venture studio that partners with founders to build and invest in startups from inception. Like Novel Ventures, Atomic combines capital with operational product-building support, making it a direct studio-model peer.
• Thoughtbot: Thoughtbot is a US-based product design and development consultancy specializing in web and mobile app builds for startups and enterprises. It competes with Novel Ventures on the dev-shop side for MVP and product development services.
• Pioneer Square Labs: PSL is a Seattle-based venture studio that builds and launches multiple startups per year in partnership with founders. Both studios operate as company builders that co-create ventures with external founders and provide product and engineering resources.
• Betaworks: Betaworks is a New York-based startup studio and venture fund that builds and invests in early-stage internet companies. Its studio-with-fund structure and focus on early product experimentation closely matches Novel Ventures' approach.

Broad incumbents

• Rightpoint: Rightpoint is a digital consultancy offering strategy, design, and technology services including custom product development. It competes with Novel Ventures for strategy and product consulting engagements from growth-stage companies.
• Rocket Internet: Rocket Internet is a global venture builder and incubator that builds and scales internet companies across emerging markets. While much larger and more globally focused, it operates the same fundamental venture studio model as Novel Ventures.
• WillowTree: WillowTree is a large US-based digital product agency building mobile apps, web platforms, and enterprise software for major brands. It is a comparable full-service product development peer, though at significantly larger scale than Novel Ventures.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks4 records

Key highlights6 records

Customer concentration

• Xx.com/novelventureshq
• LinkedInlinkedin.com/company/novelventureshq
• Instagraminstagram.com/novelventureshq

Revenue estimate

Valuation estimate

Number of profiles

Profiles11 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Novel Ventures