Novel

Novel

Omnichannel loyalty via wallet passes.

Overview

Novel.com provides a wallet-pass platform for retailers and e-commerce brands to engage customers online and in-store using Apple and Google wallet passes. It enables dynamic branded passes, QR code or SMS referrals, and a new messaging channel to amplify loyalty programs and referral marketing. Passes can be created and deployed quickly and integrated with existing retention tools (Yotpo, Smile.io, Recharge) and Shopify, allowing stores to reach customers through push notifications and unified online/offline experiences. Compared with competitors, Novel emphasizes seamless, quick deployment, cross-channel engagement via wallet passes, and straightforward integration with popular loyalty and commerce stacks, enabling multi-level pass configurations and easily measurable impact on CAC and LTV. The goal is to help retailers grow revenue by lowering customer acquisition costs and boosting customer lifetime value through a centralized, multi-channel loyalty and engagement toolkit.

About Novel

Simplify's Rating
Why Novel is rated
C-
Rated C on Competitive Edge
Rated C on Growth Potential
Rated D+ on Differentiation

Industries

Data & Analytics

Consumer Software

Enterprise Software

Company Size

51-200

Company Stage

Seed

Total Funding

$6M

Headquarters

New York City, New York

Founded

2021

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Simplify's Take

What believers are saying

  • The May 28, 2026 listing confirms active product maintenance and commercial availability.
  • $299 monthly pricing plus usage fees creates immediate monetization from Shopify merchants.
  • Wallet passes replace apps and SMS, matching retailers’ cost-cutting and retention goals.

What critics are saying

  • Shopify controls Novel’s distribution; App Store ranking or policy changes crush installs quickly.
  • Apple and Google can restrict wallet permissions, weakening push notifications and location triggers.
  • Novel disclosed no recent funding, hiring, or customer traction, signaling capital and scale risk.

What makes Novel unique

  • Novel’s Shopify app launched May 28, 2026 with Apple and Google Wallet passes.
  • It bundles push notifications, QR referrals, and storefront login in one retention tool.
  • It integrates with Yotpo, Recharge, Klaviyo, Shopify POS, and other retention stacks.

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Funding

Total Funding

$6M

Above

Industry Average

Funded Over

1 Rounds

Seed funding is usually the first official round after pre-seed, when a startup has a prototype or concept. It’s typically used to develop the product, test the market, and start building the team. Investors here are often angel investors or early-stage venture capitalists.
Seed Funding Comparison
Above Average

Industry standards

$3.3M
$2M
Netflix
$2.3M
Instacart
$3M
Robinhood
$6M
Novel

Benefits

Health Insurance

Dental Insurance

Vision Insurance

Company Equity

Unlimited Paid Time Off

Growth & Insights and Company News

Headcount

6 month growth

1%

1 year growth

3%

2 year growth

8%
Multichannel Merchant
Jun 23rd, 2023
Novel Pioneers Customizable Wallet Pass Technology for Shopify Brands

Novel, the pioneering ecommerce business, announces the launch of NovelPass.

PYMNTS
Oct 24th, 2022
Netflix Surges 25% On Earnings And Leads Ce 100'S 5% Weekly Gain

Earnings are trickling in as October moves into its last few trading sessions. And so far, we’re getting a look at some of the pockets of resilience where consumers continue to spend money. And thus far, as relates to our CE 100 Index this past week — where the index surged 4.9% — the platforms that serve leisure activities got a bounce from encouraging subscriber numbers and other data

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