Novelship

"Step Beyond Limits, Into Your Style." As a leading online marketplace for sneakers, apparel, and collectibles, we're dedicated to empowering a diverse community to champion their unique style and lead trends. Founded by Richard Xia and Chris Xue and originating in Singapore, we have grown to serve over 1.5 million users in 13 countries, driven by our mission to be the go-to fashion hub with an unparalleled customer experience. Our commitment to product authenticity is unwavering, with dedicated facilities ensuring quality. Connect with us to explore the forefront of fashion retail at www.novelship.com.

Internet Singapore, Singapore Founded 2018 ~46 employees Private · Series B

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Employees
46
Revenue / employee
$109K
Revenue ~$5M
Total funding
$21.6M
Last round Series B, Sep 2023
H1B sponsor
NA

Funding

  • Sep 2023 · Series B · $9.5M · East Ventures, iGlobe Partners, GSR Ventures
  • May 2022 · Series A · $10M · GSR Ventures, East Ventures, K3 Ventures
  • Aug 2019 · Seed · $2.1M · Global Founders Capital

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Novelship FAQ

How many employees does Novelship have?

Novelship has about 46 employees (as of Nov 2025).

What is Novelship's revenue per employee?

Novelship makes about $109K in revenue per employee, based on $5M annual revenue and 46 employees.

How much funding has Novelship raised?

Novelship has raised $21.55M in total funding; its latest round was Series B in Sep 2023.

Data from Company Prospectus, DOL LCA disclosures, WARN notices and 6figr salary profiles.