Nova Intelligence, a San Francisco, CA-based agentic AI platform designed to modernize and automate SAP enterprise systems, has raised $31.5 million in Series A funding.
Investors
The round was led by Chemistry, with participation from existing investors Accel, Conviction, and SAP.io, bringingNova Intelligence's total funding to over $40 million.
Chemistry Ventures is a venture capital firm founded in 2024 and based in San Francisco. It focuses on investing in early-stage technology startups, particularly in areas such as fintech, software infrastructure, and emerging technologies like AI. The firm typically leads Seed and Series A funding rounds.
Nova Intelligence Use of Funds
The company will use the funding to accelerate research and development and expand its go-to-market team targeting large enterprise customers.
About Nova Intelligence
Led by CEO Emma Qian, Nova Intelligence is an enterprise AI company that has built an agentic AI platform specifically for SAP enterprises. The platform helps organizations accelerate development, modernization, testing, documentation, and operational workflows across complex SAP environments. Nova Intelligence focuses on enabling safer and faster SAP transformation projects, including large-scale S/4HANA migrations, through customizable AI agents designed for enterprise SAP teams. Headquartered in San Francisco, California, Nova works with global enterprises across the manufacturing, logistics, and industrial sectors.
Funding Details
Company: Nova Intelligence
Raised: $31.5M
Round: Series A
Funding Date: May 2026
Lead Investor: Chemistry
Additional Investors: Accel, Conviction, SAP.io
Company Website: https://www.novaintelligence.ai/
Software Category: Enterprise AI / SAP Modernization Platform
Source: https://fortune.com/2026/05/05/exclusive-nova-intelligence-ai-sap-chemistry-emma-qian/