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Full-Time

Director of Information Security

Posted on 7/23/2024

Novata

Novata

51-200 employees

Tools for private market metrics analysis

Hardware
Energy
Enterprise Software
Fintech
Social Impact
Legal

Compensation Overview

$170k - $190kAnnually

+ Equity Options

Senior

New York, NY, USA

Category
Cybersecurity
IT & Security
Required Skills
Communications
Requirements
  • Excellent communication skills
  • Extensive experience in technical operations or engineering disciplines
  • Business-centric approach to risk management
  • Passion for continuous learning
  • 5+ years of technology delivery experience
Responsibilities
  • Establish Secure by Design principles
  • Manage relationships with 3rd parties
  • Work closely with key stakeholders
  • Identify and implement best practices for security posture
  • Maintain and enhance security program readiness
  • Lead risk management process for vendors
  • Assist with customer inquiries and contract definitions

Novata provides a suite of tools designed for private markets, focusing on simplifying the collection and analysis of key performance metrics. Their platform allows clients to customize metrics according to their industry needs and regulations, with options to add advanced metrics or integrate existing ones. The user-friendly interface includes in-platform guidance, calculators, and AI-powered features to streamline data collection. Novata emphasizes security, being SOC-2 compliant, which ensures the protection of customer data. Additionally, the platform offers hundreds of ESG benchmarks to help clients assess their performance and align reporting with regulations. Operating on a subscription model, Novata serves private equity firms, venture capitalists, and other private investors, aiming to enhance informed decision-making in the private markets.

Company Stage

N/A

Total Funding

$49.6M

Headquarters

New York City, New York

Founded

N/A

Growth & Insights
Headcount

6 month growth

6%

1 year growth

30%

2 year growth

94%
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Simplify's Take

What believers are saying

  • Securing new funding from prominent investors like Hamilton Lane, SP Global, and Motive Ventures positions Novata for significant growth and innovation.
  • The appointment of experienced leaders like Joel Raha and Jeanne Lee underscores Novata's commitment to expanding its technological capabilities and global reach.
  • The launch of the Carbon Navigator tool simplifies emissions measurement and reporting, making it easier for clients to meet regulatory requirements and enhance their sustainability efforts.

What critics are saying

  • The competitive landscape for ESG and data management solutions is growing, which could pressure Novata to continuously innovate to maintain its market position.
  • Rapid expansion into new geographies and markets may strain resources and operational capabilities, potentially impacting service quality.

What makes Novata unique

  • Novata's platform is specifically tailored for private markets, offering customizable tools that align with industry-specific frameworks and regulations, unlike more generic solutions.
  • The company's SOC-2 compliance and robust security measures provide a significant advantage in ensuring data integrity and confidentiality, which is crucial for private market clients.
  • Novata's extensive library of ESG benchmarks and the recent launch of the Carbon Navigator tool highlight its commitment to sustainability and regulatory compliance, setting it apart from competitors.
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