Canapi Ventures led a $45m Series C funding round in Nova Credit.

Canapi Ventures, a venture capital firm, led a $45m Series C funding round in Nova Credit, a CRA and data analytics company, with participation from General Catalyst, Index Ventures, Kleiner Perkins, Y Combinator, Avid Ventures, Geodesic Capital, Harmonic Capital, Radiate Capital, and Socium Ventures. “While cross-border credit remains critical to our strategy, we’re excited to broaden our offering and tackle a new set of industry challenges long unsolved. This new capital fortifies our position to continue being a dependable partner to the many banks and lenders we serve and accelerates the pace of innovation in an industry very much in need of change,” Misha Esipov, Nova Credit Co-Founder and CEO.