Novata
12 Case Studies
A Novata Case Study
Base10 Partners, a venture capital firm, faced challenges in collecting and managing governance data across its extensive portfolio. Their initial process was informal, time-consuming, and produced inconsistent data, making it difficult to scale and derive meaningful insights. To address this, they partnered with Novata and implemented its platform for ESG data collection.
By using Novata, Base10 efficiently gathered over 1,200 data points from more than 90% of its portfolio companies. The data collection timeframe was drastically reduced from 3-4 months to just 3-4 weeks. This provided the firm with portfolio-wide visibility, enabling better investment decisions and actionable recommendations for their companies, which received positive feedback from their Limited Partners.