Novetta, Inc.

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Novetta, Inc. - overview

Established

2012

Location

McLean, VA, US

Primary Industry

Software

About

Novetta, Inc. is a technology company focused on delivering advanced analytics, cybersecurity solutions, and data fusion services to enhance decision-making for government and commercial clients. Founded in 2012 and headquartered in McLean, US, Novetta specializes in advanced analytics and cybersecurity solutions. The company has pivoted through strategic changes and was acquired by Accenture in June 2021 from the Carlyle Group for USD 1 billion.


The founder is not publicly detailed, but Novetta has been active in securing three investment deals, with the most recent occurring in 2021. The total amount raised by the company is USD 1 billion. Novetta specializes in providing advanced analytics, cyber solutions, and data fusion services designed to enhance decision-making processes for various sectors, particularly in defense, intelligence, and commercial markets. Their core offerings include machine learning models, threat detection systems, and data processing platforms that enable clients to analyze vast amounts of information in real-time.


These solutions are utilized by government agencies and commercial enterprises aiming to address complex challenges such as cybersecurity threats and operational inefficiencies. The company's products are deployed primarily in North America and select international markets, catering to a diverse clientele that includes defense contractors, federal agencies, and private sector organizations seeking to leverage data-driven insights for strategic advantages. Novetta’s revenue model is primarily based on B2B partnerships and government contracts, with transactions structured around project-based engagements and long-term service agreements. The company engages in direct contracts with federal and state agencies, as well as collaborations with private enterprises that require specialized analytics and cybersecurity services.


Pricing plans for these services typically align with the scope and duration of the projects, allowing for flexibility in addressing specific client needs. Flagship products, such as their proprietary data analysis platforms and cybersecurity frameworks, form the basis of their revenue streams, facilitating sustained business relationships through continuous service provision and support.


Primary Industry

Software

Sub Industries

IT Security/Cybersecurity, Monitoring & Security Software, Application Integration Software, Analytics & Performance Software

Verticals

Artificial Intelligence, Artificial Intelligence, Big Data, Cloud Computing

Company Stage

Acquired

Total Amount Raised

Subscriber access only

Novetta, Inc. - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Trade SaleCompletedNovetta, Inc.-
Add-onCompletedWaveStrike, LLC-
Secondary BuyoutCompletedNovetta, Inc.-
Add-onCompletedSigInt Technologies-
Add-onCompletedGlobal News Intelligence-

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