Novarc Technologies Inc.

Robotics EngineeringBurnaby, British Columbia, CanadaFounded 2013155 employees$76M raised

Novarc Technologies makes AI-powered vision systems for industrial welding robots, helping them reduce errors and downtime. The 155-person company raised $76M in a March 2025 Series B, with backers including Caterpillar Ventures and BDC.

Employees
155
Total raised
$76M
Last: Series B
Open roles
3
0% vs last year
Site visitors
18K
per month
Alumni founders
5
companies started

The growth story

Novarc Technologies Inc. headcount and funding155 people today
157$200K$2M$20M$50M155202120222023202420252026
Data by CrustdataCrustdata

Novarc Technologies Inc. grew from 46 to 155 employees between 2021 and 2026, raising $76M along the way, most recently a Series B in March 2025.

About

Novarc sells software that adds computer vision and adaptive control to welding robots, allowing them to correct mistakes in real time. Its systems are used in new installations or retrofitted to existing industrial welding equipment.

The company has grown to 155 employees, with engineering making up over 20% of staff. Its $76M Series B suggests strong investor confidence in applying AI to heavy industrial processes.

Founders and leadership

Engineering is the largest function with 32 staff, suggesting a product-driven culture. The median tenure of 2 years points to a workforce that cycles faster than typical hardware companies.

The Novarc Technologies Inc. org chart

Soroush Karimzadeh (Co-Founder/CEO) leads 48 mapped leaders with 5 direct reports. Click +N to expand a team; names link to the person’s public profile.

Departments, and which ones grew

Headcount by functiongrowth vs 12 months ago
EEngineering
47+7%
OOperations
170%
SSales
17+13%
IInformation Technology
120%
AAccounting
7+17%
CCustomer Success and Support
7+17%
PProduct Management
70%
PProgram and Project Management
6+100%
HHuman Resources
50%
Data by CrustdataCrustdata

Headcount by function: Engineering 47 (+7% YoY), Operations 17 (0% YoY), Sales 17 (+13% YoY), Information Technology 12 (0% YoY), Accounting 7 (+17% YoY), Customer Success and Support 7 (+17% YoY).

Talent flow

Novarc recruits heavily from the University of British Columbia (20 alumni) and BCIT (14), with Lincoln Electric being the most common industry source. Alumni have gone to Tesla and welding startups, with 5 founding their own companies.

Where Novarc Technologies Inc. people come from, and where they go126 current + 97 former profiles
5 people: The University of British Columbia → Novarc Technologies Inc.5 people: Lincoln Electric → Novarc Technologies Inc.4 people: Simon Fraser University → Novarc Technologies Inc.3 people: Genesis Motion Solutions → Novarc Technologies Inc.3 people: Intel → Novarc Technologies Inc.3 people: Red Ball Oxygen → Novarc Technologies Inc.3 people: Ballard Power → Novarc Technologies Inc.2 people: Ostara → Novarc Technologies Inc.2 people: Novarc Technologies Inc. → DINGO2 people: Novarc Technologies Inc. → Tesla1 people: Novarc Technologies Inc. → Cavalla1 people: Novarc Technologies Inc. → Bridgewater Associates1 people: Novarc Technologies Inc. → FabriSight1 people: Novarc Technologies Inc. → Seaspan ULC1 people: Novarc Technologies Inc. → Ancient Nutrition1 people: Novarc Technologies Inc. → HexionNovarc Technologies Inc.155 peopleCAME FROMWENT TOThe University of B…5 peopleLincoln Electric5 peopleSimon Fraser Univer…4 peopleGenesis Motion Solu…3 peopleIntel3 peopleRed Ball Oxygen3 peopleBallard Power3 peopleOstara2 peopleDINGO2 peopleTesla2 peopleCavalla1 peopleBridgewater Associa…1 peopleFabriSight1 peopleSeaspan ULC1 peopleAncient Nutrition1 peopleHexion1 people
Data by CrustdataCrustdata

Most common previous employers of Novarc Technologies Inc. staff: The University of British Columbia (5), Lincoln Electric (5), Simon Fraser University (4), Genesis Motion Solutions (3), Intel (3), Red Ball Oxygen (3). Former Novarc Technologies Inc. employees most often moved to DINGO (2), Tesla (2), Cavalla (1), Bridgewater Associates (1), FabriSight (1), Seaspan ULC (1).

Alumni worth knowing

The Novarc Technologies Inc. mafia

Novarc alumni have founded 5 companies, including welding analytics firm LXN (15 staff) and industrial AI startups Cavalla and FabriSight.

Benedict AgbonkheseMohammad NafisiAmin Ghasemazar, Ph.D.Lily W.Christine Boles5
founders left Novarc Technologies Inc. and started 5 companies, employing 32 people between them

15 employees
Benedict Agbonkhese, was Director of Strategy & Planning until 2014
8 employees
Mohammad Nafisi, was Product Manager until 2021
5 employees
Amin Ghasemazar, Ph.D., was Product Manager, AI until 2024
Lily W., was Co-op R&D Engineer until 2025
Christine Boles, was Member Board of Directors until 2024

Hiring now

Skunk Works Technical ManagerRobotic ProgrammerProject Coordinator

Web traffic

novarctech.com monthly visitors-28% month over month
5,90918,01130,11317,663202420252026
Data by CrustdataCrustdata

Traffic mix: 56% direct, 39% search, 5% social, 0% paid.

What this company is made of

Headcount by skillwhat people list on their profiles
MMicrosoft Office
52
PProject Management
49
LLeadership
39
CCustomer Service
36
CCommunication
34
MMicrosoft Excel
32
SSOLIDWORKS
31
TTeamwork
30
MManagement
29
RResearch Skills
29
Data by CrustdataCrustdata

Most common skills at Novarc Technologies Inc.: Microsoft Office (52), Project Management (49), Leadership (39), Customer Service (36), Communication (34), Microsoft Excel (32), SOLIDWORKS (31), Teamwork (30).

Where the team actually sits

Headcount by regionHQ: Burnaby, British Columbia, Canada
BBritish Columbia, Canada
66
CCanada
18
GGreater Vancouver Metropolitan Area
17
TTexas, United States
7
CCalifornia, United States
3
GGreater Houston
2
OOhio, United States
1
SSaudi Arabia
1
Data by CrustdataCrustdata

Novarc Technologies Inc. people are concentrated in British Columbia, Canada (66), Canada (18), Greater Vancouver Metropolitan Area (17), Texas, United States (7).

Search footprint

Organic clicks
416
per month
Traffic worth
$5K
if bought as ads
Ranking keywords
528
Ads budget
$1K
per month

Novarc Technologies Inc. attracts about 416 organic search visits a month, traffic worth roughly $5K a month if bought through ads. It gained 145 ranking keywords and lost 107 in the last period.

What employees say

Compensation
3.20 / 5
Career opportunities
3.90 / 5
Senior management
3.20 / 5
Work-life balance
3.50 / 5

Frequently asked

How many employees does Novarc Technologies Inc. have?

Novarc Technologies Inc. has 155 employees as of September 2026.

How much has Novarc Technologies Inc. raised?

Novarc Technologies Inc. has raised $76M in total, most recently a Series B round in March 2025.

Who founded Novarc Technologies Inc.?

Novarc Technologies Inc. was founded in 2013 by Soroush Karimzadeh, Hamid Abdollahi.

Who is the CEO of Novarc Technologies Inc.?

Soroush Karimzadeh (Co-Founder/CEO) sits at the top of Novarc Technologies Inc.'s reporting structure, with 5 direct reports.

Where does Novarc Technologies Inc. hire from?

The most common previous employers of current Novarc Technologies Inc. staff are The University of British Columbia (5 people), Lincoln Electric (5 people), Simon Fraser University (4 people).

Where do Novarc Technologies Inc. employees go after leaving?

Former Novarc Technologies Inc. employees most often move to DINGO (2), Tesla (2), Cavalla (1).

What companies were founded by ex-Novarc Technologies Inc. employees?

At least 5 companies have a founder who previously worked at Novarc Technologies Inc., including LXN, Cavalla, FabriSight.

How much traffic does Novarc Technologies Inc. get from search?

Novarc Technologies Inc. attracts about 416 organic search visits a month, worth roughly $5K a month in equivalent ad spend.

What skills do people at Novarc Technologies Inc. have?

The most common skills among Novarc Technologies Inc. staff are Microsoft Office, Project Management, Leadership, Customer Service, Communication.

Where is Novarc Technologies Inc.'s team located?

Novarc Technologies Inc. staff are concentrated in British Columbia, Canada (66), Canada (18), Greater Vancouver Metropolitan Area (17).

How big is Novarc Technologies Inc.'s engineering team?

Novarc Technologies Inc. has about 47 people in Engineering, up 7% over the past year, as of September 2026.

How big is Novarc Technologies Inc.'s operations team?

Novarc Technologies Inc. has about 17 people in Operations, up 0% over the past year, as of September 2026.

Computed from 126 current and 97 former Novarc Technologies Inc. profiles, as of September 2026. Source: Crustdata.

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