Novidea nabs new CFO with ‘track record’ in IPO, fundraising & M&A

Digital data-driven insurance brokers and distribution platform  Novidea has hired a new chief financial officer, who has a “track record” in fundraising, initial public offerings, (IPOs) and M&A transactions at global cyber security and software firms, to support the next phase of its growth.

Former Imperva finance director Eran Ben Ezer (pictured), a 20-year veteran of financial operations, has joined Novidea’s senior executive team as CFO.

Insurtech Novidea said Ben Ezer has a “track record in taking fast-growth companies from privately held to global public companies,” as well as in fundraising, initial public offerings, (IPOs), and M&A transactions.

Before joining Novidea, Ben Ezer served as the vice president of finance at software firm Drivenets, where he led three financing rounds totalling more than $500 million during his tenure, with the last round at a valuation above $3 billion. Prior to that, he spent a decade as a financial executive at Imperva, a global cyber security company, where he held several roles and supported the company through its IPO.

As CFO, Ben Ezer will lead Novidea’s financial activities, including accounting and controllership, financial planning and analysis, taxes, and overall budgets across all territories. He will also lead audit, legal, procurement, and logistics across the company and its subsidiaries globally.

“We are excited to have Eran join Novidea. He brings a strong track record of working with companies to drive results and accelerate growth and will complement our strong leadership team. His extensive background and expertise make him the right choice to lead our finance organization globally," said Roi Agababa, CEO of Novidea.

Ben Ezer said: “I was drawn to Novidea because of the opportunity to play a significant role in supporting its continued hypergrowth. I look forward to working side-by-side with this impressive executive team as we expand into new global markets and focus on our next financial milestones.”

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