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Novan revenue
Novan's revenue is $23.7 million.
What is Novan's revenue?
- Novan's revenue growth from 2017 to 2022 is 795.01%.
- Novan has 63 employees, and the revenue per employee ratio is $375,904.
- Novan's peak quarterly revenue was $10.5M in 2022(q4).
- Novan peak revenue was $23.7M in 2022.
- Novan annual revenue for 2022 was 23.7M, 700.61% growth from 2021.
- Novan annual revenue for 2021 was 3.0M, -39.88% growth from 2020.
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Novan historical revenue
Novan's peak revenue was $23.7M in 2022. The peak quarterly revenue was $10.5M in 2022(q4).
Novan's revenue increased from $2.6m in 2017 to $23.7M currently. That's a 795.01% change in annual revenue.
Novan annual revenue
Novan annual revenue over time
| Fiscal year / year | Novan revenue |
|---|---|
| 2017 | $2.6M |
| 2018 | $6.0M |
| 2019 | $4.9M |
| 2020 | $4.9M |
| 2021 | $3.0M |
| 2022 | $23.7M |
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Novan annual growth
Novan saw the greatest revenue growth in 2022, when revenue increased by 700.61%.
Novan had the lowest revenue growth in 2021, when revenue changed by -39.88%.
Novan annual growth rate over time
| Year | Novan growth |
|---|---|
| 2018 | 126%↑ |
| 2019 | -18%↓ |
| 2020 | 0%↑ |
| 2021 | -40%↓ |
| 2022 | 701%↑ |
Novan quarterly revenue over time
- Q1
- Q2
- Q3
- Q4
Novan quarterly growth rate over time
| Year | Q1 | Q2 | Q3 | Q4 |
|---|---|---|---|---|
| 2017 | $324,000 | $717,000 | $867,000 | $738,000 |
| 2018 | $658,000 | $649,000 | $648,000 | $4.0M |
| 2019 | $1.1M | $1.1M | $1.3M | $1.4M |
| 2020 | $1.2M | $1.3M | $1.3M | $1.1M |
| 2021 | $819,000 | $747,000 | $737,000 | $655,000 |
| 2022 | $1.9M | $6.2M | $5.1M | $10.5M |
| 2023 | $3.2M | - | - | - |
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Novan financing
Novan received early financing of $2.0M on 2009-07-01.
| Series | Round size | Date |
|---|---|---|
| Series Unknown | $2M | 07/2009 |
| Series Unknown | $4.0M | 01/2011 |
| Series C | $6M | 10/2011 |
| Series Unknown | $11M | 02/2013 |
| Debt Financing | $3.5M | 03/2014 |
| Private Equity | $50M | 03/2015 |
| Series Unknown | $32.8M | 12/2015 |
| Post Ipo Equity | $35M | 04/2019 |
| Post Ipo Equity | $25M | 09/2019 |
| Grant | $1.1M | 09/2019 |
| Post Ipo Equity | $40M | 06/2021 |
Novan investors
| Investors | Security type |
|---|---|
| Malin Corporation plc | Private Equity |
| Aspire Capital Partners LLC | Post Ipo Equity |
| US Department Of Defense | Grant |
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Zippia gives an in-depth look into the details of Novan, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Novan. The employee data is based on information from people who have self-reported their past or current employments at Novan. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Novan. The data presented on this page does not represent the view of Novan and its employees or that of Zippia.
Novan may also be known as or be related to NOVAN INC., Novan, Novan Inc, Novan Therapeutics and Novan, Inc.