With so much going on in the city’s thriving ecosystem, it is easy to miss some of the happenings in the space. We keep you abreast of a few of things that you may have missed in NYC Tech News this week including the fundings, exits, and events.
Have notable company news that you would like included in The NYC Tech Week in Review? Send all pertinent details to WIR@alleywatch.com.
Flashpoint, the company delivering business risk intelligence, has raised $28M in Series C funding led by Gregorian Partners with participation from Cisco Investments, Bloomberg Beta, Jump Capital, Leaders Fund, TechOperators, and Greycroft Partners. The company has raised $43M in 3 rounds of funding.
Gencove, the genetics and ancestry company sequencing genomes, has raised $1M in Seed funding from Version One Ventures, Third Kind Venture Capital, Refactor Capital, and SV Angel. This is the company’s first round of funding.
Qloo, the application programing interface, has raised a Series B round of $6.5M led by AXA Strategic Ventures and joined in by Elton John. Cofounders Jay Alger and Alex Elias have raised $14M in their 4 rounds.
Healthify, the company supplementing the healthcare industry, has raised $6.5M in Series A funding led by BlueCross BlueShield Venture Partners in collaboration with Active Venture Partners and Primary Venture Partners. The company has raised $9.52M over their 4 rounds.
Trumid Financial, the electronic credit-trading platform, has raised $10M in a Venture round of funding from Deutsche Borse. Founder Ronnie Mateo has raised a total of $54.25M in total funding.
Sendence, the platform for building and running real-time apps, has raised $1.5M in Seed funding from Resolute Venture Partners, Notation Capital, Contour Venture Partners, Greycroft Partners and Boldstart Ventures. This is founder Vid Jain’s first round of funding.
Entrupy, the company allowing you to authenticate high value goods, has raised $2.6M in Series A funding from DG Lab Fund and Daiwa Securities Group. This marks the company’s first round of funding.
Care/of, the company dedicated to simplifying consumer health, has raised $12M in Series A led by Goodwater Capital with participation from Bullish, Juxtapose, RRE Ventures and Tusk Ventures. The company has raised $15M over its 2 rounds of funding.
Transfix, the company offering brokerage services to truck drivers, has raised $42M in Series C funding from New Enterprise Associates for the company’s fourth round of funding. The company has raised a total of $78.5M in funding.
Revere, the health company surrounding fitness, has raised $2M in Seed funding from TACK Ventures, Novel TMT Ventures, Brand Foundry Ventures, Sterling.VC and Lerer Hippeau Ventures. This marks the company’s first round of funding.
Stash, the simple investing platform, has raised $40M in Series C funding led by Coatue Management and joined in by Goodwater Capital, Peter Thiel, Valar Ventures and Breyer Capital. The growing company has raised $78.75M in 5 rounds of funding.
Vroom, the online direct car retailer, has raised $76M in Series F funding led by T. Rowe Price Associates, with participation from L Catterton, General Catalyst Partners and PICO Venture Partners. The company has raised $218M over 5 rounds.
Insticator, the widget creating interactive content, has raised $5.2M in Series A funding led by Associated Venture Management and joined in by The Beatson Companies, Mintz and Co and Selig Zises. Founder Zack Dugow has raised $10M to date.