Here are the latest venture capital, seed, and angel deals for NYC startups for 7/12/17.
Transfix — $42M – Series C
Transfix, the logistics intelligence software and truckload marketplace enabling efficient commerce, has raised a $42M Series C round. The round was led by New Enterprise Associates (NEA) and included participation from Canvas Ventures, Lerer Hippeau Ventures and other strategic investors.
“There is a lot of misinformation in the freight industry which creates pressure, impossible – and sometimes dangerous – deadlines, misdeliveries, and ultimately the failure to satisfy customers. It’s a problem that’s ecosystem-wide, not just limited to a single part or parcel. That’s why we’re focused on providing a comprehensive solution for the supply chain,” remarked Drew McElroy, founder and CEO, Transfix.
Transfix has raised a total of $78.5M in funding since its founding in 2013.
Qloo — $6.5M – Series B
Qloo, the cultural artificial intelligence platform, has raised a $2M Series B round. The company was funded by Elton John and AXA Strategic Ventures.
The company founded byJay Alger and Alex Elias in 2012 has now raised a total of $14M in funding across four rounds.
Revere — $2M – Seed
Revere, the health startup delivering fitness nutrition derived only from natural, whole foods, has raised as $2M seed round. The round was led by Lerer Hippeau Ventures with participation from SterlingVC and Brand Foundry Ventures.
“It’s been well documented for decades that nutrition is the most important part of an exercise routine and really health overall. Our goal is to make it easier, simpler and more convenient for people to take advantage of this insight,” remarked Revere CEO and co-founder, Matthew Scott.
Care/of — $12M – Series A
Care/of, the personalized vitamin and supplement company built on honest guidance and top-tier ingredients, has raised a $12M Series A round. The round was led by Goodwater Capitalwith participation from Tusk Ventures, RRE Ventures, the cofounders of InVision, and the lead seed investor Juxtapose.
“The ‘one-size-fits-all’ approach to health is outdated and oversimplified. From the start we’ve been committed to reshaping the health and wellness space by creating cutting-edge, interactive customer experiences built on both transparency and personalization,” remarked Craig Elbert, CEO and Co-founder of Care/of.
The company has now raised $15M since its founding in 2016.
Flashpoint — $28M – Series C
Flashpoint, the business risk intelligence platform, has raised an additional $28M in Series C funding. The round was led by Georgian Partners and also included participation from Greycroft Partners, TechOperators, Leaders Fund, Jump Capital, Bloomberg Beta, and Cisco Investments.
Founded by Laith Alkhouri, Josh Lefkowitz, Evan Kohlmann in 2013, Flashpoint has now raised $43M across 3 rounds.
