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Novian Health

Chicago, IL · Founded 1991 · Privately Held (backing)

Operator of a proprietary medical technology platform intended to help in the treatment of tumors for early-stage breast cancer using interstitial laser therapy. Novian Health is based in Chicago, IL and was founded in 1991. Its last reported valuation was $115 million in Dec 2021. It has raised $32.5 million across 2 recorded rounds; the latest was a $5.3 million early-stage round in Jan 2024.

Last reported valuation
$115.0M
Oct 2026
Priced at
—
Total raised
$32.5M
Last round
Early Stage VC
Jan 2024

Novian Health key facts

as of Oct 2026
  • Operator of a proprietary medical technology platform intended to help in the treatment of tumors for early-stage breast cancer using interstitial laser therapy.
  • Novian Health is valued at approximately $115.0M as of Oct 2026 (last reported valuation).
  • It has raised $32.5M across 2 recorded rounds; the latest was Early Stage VC ($5.3M) in Jan 2024.
  • Notable investors include MedTech Innovator, Matter (Consulting Services (B2B)), Illinois Ventures, Audrey's Kitchen, Mantucket Capital — 6 tracked in total.
  • Novian Health has filed 8 Form Ds with the SEC since 2021, most recently Sep 2025 ($4.7M sold to 25 investors).
  • Status: Privately Held (backing).
Last reported valuation
LOW confidence
$115.0M

Novian Health's last reported valuation, Dec 2021. Nothing priced has surfaced since.

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Novian Health funding rounds

2 rounds
Jan 2024Early Stage VC$5.3MSEC filing▮
Jul 2021Early Stage VC$14.4MSEC filing▮
Full funding history →

Novian Health valuation

Novian Health's last reported valuation was $115 million in Dec 2021. No priced round, secondary trade or fund mark has surfaced since.

How much has Novian Health raised?

Novian Health has raised $32.5 million in total; 2 of its rounds are on record. The largest on record was a $5.3 million early-stage round in Jan 2024.

Novian Health has filed 8 Form Ds with the SEC since 2021, most recently in Sep 2025 ($4.7 million sold to 25 investors).

Novian Health investors

6 investors are on record for Novian Health, including MedTech Innovator, Matter (Consulting Services (B2B)), Illinois Ventures and Audrey's Kitchen. The early-stage round in Jan 2024 drew 28 investors.

About Novian Health

Operator of a proprietary medical technology platform intended to help in the treatment of tumors for early-stage breast cancer using interstitial laser therapy. The company's technology is a minimally invasive procedure, an alternative to surgery for treating cancerous and non-cancerous breast tumors, enabling healthcare authorities to detect cancer at an early stage.

Sector
Healthcare
HQ
Chicago, IL, United States
Founded
1991
Employees
10
Ownership
Privately Held (backing)

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