Nova, previously known as Polar Mobile, announced a restructuring of its C-suite personnel, with president Matt Crenshaw assuming the post of CEO.
Meanwhile, incumbent CEO and founder Kunal Gupta will transition into a board member and advisory role. Gupta stepped aside to focus on "longer-term strategic initiatives," per his LinkedIn post.
Andres Morón and Leah Malone joined the C-suite ranks, taking up the positions of CFO and CRO, respectively.
- The advertising tech startup continues to grow at an accelerated pace, assured Gupta.
- Gupta believes Crenshaw's promotion to the CEO role will help Nova unlock "the next chapter of growth."
- Crenshaw joined Nova as a chief commercial officer in 2021, after which he was promoted to president in Jul. 2022.
- Nova has raised $14M from Gregorian and a group of angel investors.
- In addition, it raised an undisclosed sum from private equity firm Fort Point Capital.
