Profile
Novitas Holdings is a technology-focused investment firm based in San Francisco, founded in 2026 by Manav Sevak, the former CEO of Memora Health. The firm is dedicated to combining funding with operational and strategic guidance, working closely with founders to provide mentorship on product development, go-to-market strategies, and operational scaling. Novitas Holdings seeks to partner with startups positioned to create meaningful impact within their industries through sustainable growth and founder-led businesses.
The firm focuses on companies solving significant industry challenges and aims to build products intended for long-term relevance. Its investment strategy includes early-stage investments and participation in acquisitions of technology businesses, enabling portfolio companies to accelerate development and expand their market reach. While specific fund sizes were not disclosed, Novitas Holdings plans to leverage its expertise and connections for the benefit of its portfolio.
Notable investments and partnerships are not yet available as the firm has recently launched. However, its founder, Manav Sevak, brings extensive experience from his previous role at Memora Health, where he led the development of a patient engagement platform that successfully integrated with Commure's healthcare solutions after Memora's acquisition.
Industry
Novitas Holdings Funds
| Name | Type |
|
|
|
Size | AUM | Launch date |
|---|---|---|---|---|---|---|---|
|
Technology Innovation Fund
|
Venture Capital (VC)
|
Digital
Healthcare Services
AI
Technology
|
Seed
Series A
Late Stage (Series C+)
|
North America
|
$1-5 m
|
—
|
March 2026
|
Contacts
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