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 for the week ending 5/25 including the NYC startup fundings, NYC startup exits, and NYC Tech events including news for Refinery29, Siemplify, Jackpocket, and much more…
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Security orchestration platform Siemplify has raised $30M in Series C funding from investors that include 83North, Jump Capital, Georgian Partners, and G20 Ventures. Founded by Alon Cohen, Amos Stern, and Garry Fatakhov in 2015, Siemplify has now raised a total of $58M in reported equity funding. We’ll have an exclusive interview with the executive team publishing this week on the funding.
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Schrodinger, the biotech startup focused on drug design and discovery, has added an additional $25M in Series E extension funding from investors that include GV, Invus, Bill Gates, Pavilion Capital, and Michael Antonov. The extension brings the total funding for the round to $110M. Founded by Richard Friesner and William Goddard in 1990, Schrodinger has now raised a total of $162M in reported equity funding. We had an exclusive interview with Shi-Yi Liu about the company’s initial Series E round – Shrodinger’s Series E funding.
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Refinery29 has raised $8M in convertible debt funding as a part of a $20M offering according to a recent SEC filing. The round is led by Stripes Group and the filing indicates that there were three participants in this close. Founded by Christene Barberich, Justin Stefano, Philippe von Borries, and Piera Gelardi in 2005, Refinery29 has now raised a total of $133.4M in reported funding.
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Say goodbye to recruiter spam
No more recruiter spam! Eliminate wasted time of managing communications with irrelevant job positions by only getting matched with relevant jobs based on his career goals. Indeed Prime matches you with top companies which align with your career goals, technical skill set, and location preferences.
Agrilyst, the AI platform for indoor farming, has raised $8M in Series A funding from investors that include Talis Capital, iSelect, Astanor Ventures, and New York State’s Empire State Development Fund. Founded by Allison Kopf and Jason Camp in 2015, Agrilyst has now raised a total of $10.5M in reported equity funding.
Say goodbye to recruiter spam
No more recruiter spam! Eliminate wasted time of managing communications with irrelevant job positions by only getting matched with relevant jobs based on his career goals. Indeed Prime matches you with top companies which align with your career goals, technical skill set, and location preferences.
Say goodbye to recruiter spam
No more recruiter spam! Eliminate wasted time of managing communications with irrelevant job positions by only getting matched with relevant jobs based on his career goals. Indeed Prime matches you with top companies which align with your career goals, technical skill set, and location preferences.
Cargo, the service that allows rideshare drivers to offer products to passengers to increase earnings, has held a first close of $5.45M in funding as a part of a $10M SAFE note according to a recent SEC filing. The filing indicates that there were six investors in this close. Founded by Jasper Wheeler and Jeff Cripe in 2016, Cargo previously raised a total of $29.4M in reported equity funding.
Say goodbye to recruiter spam
No more recruiter spam! Eliminate wasted time of managing communications with irrelevant job positions by only getting matched with relevant jobs based on his career goals. Indeed Prime matches you with top companies which align with your career goals, technical skill set, and location preferences.
Say goodbye to recruiter spam
No more recruiter spam! Eliminate wasted time of managing communications with irrelevant job positions by only getting matched with relevant jobs based on his career goals. Indeed Prime matches you with top companies which align with your career goals, technical skill set, and location preferences.
Jackpocket, the mobile lottery app, has raised $5M in funding as a part of an extension to their Series B round which closed last fall. Funding for this extension comes from investors that include PROOF, Gavin Isaacs, BlueRun Ventures, Bullpen Capital, Conductive Ventures, DCM Ventures, Digital Currency Group, David Stern, and Subversive Capital. Founded by Eric Parker, Leo Shemesh, Matt Silber, and Peter Sullivan in 2013, Jackpocket has now raised a total of $29.6M in reported equity funding. Read our exclusive interview with Jackpocket CEO Peter Sullivan focused on Jackpocket’s Series B round.
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Livekick is the fitness startup that conducts live-video personal training sessions. It was founded by Yarden Tadmor and Shayna Schmidt, and it raised $3M led by Firstime Venture Capital and including participation from Rhodium and Frontier Venture Capital.
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Sharps Technology, the developers of a safe single-use syringe, has raised $2.8M in funding according to a recent SEC filing. Sharps was founded in 2018 and is based in Midtown.
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RangeForce, a cybersecurity simulation platform to train, recruit, and develop cybersecurity experts, has raised $1.5M in funding from investors that include Paladin Capital Group and Trind Ventures. Founded by Jaanus Kink, Margus Ernits, Sten Reimann, and Taavi Must in 2014, RangeForce has now raised a total of $1.9M in reported equity funding.
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Forerunner Industries has raised $1.5M in funding from nine investors according to a recent SEC filing. Adam Michela (Dropbox, Airbnb, Facebook) of Combine Ventures is listed as a Director. Forerunner was founded by James White in 2019.
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Lucid Green, the blockchain based supply chain information platform for the cannabis industry, has raised an additional $1.35M in funding. Founded by Larry Levy and Paul Botto in 2017, Lucid Green has now raised a total of $2.1M in reported equity funding.
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Media company Odyssey has raised $1.01M in debt funding according to a recent SEC filing. The funding comes from five investors. Odyssey faced some growing pains in 2017 when its CEO was removed and the editorial staff was let go. The company for a short period of time was one of the fastest growing media companies with over 30M monthly users and had previously raised $31M in equity funding. Investors in previous rounds include Wakestream Ventures, Michael Lazerow, and Jason Epstein. The company was founded in 2009 by Adrian France and B. Evan Burns.
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Operr, a Flushing-based provider of fleet management technology for car services, taxis, and limos, has raised $940K in funding according to a recent SEC filing. The filing indicates that the total offering is for $36M and that eight investors participated in this close. Listed in the filing as Executives and Directors are Kevin Wang, Jinling Wang, and Shuo Zhang.
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Vectorly compresses videos up to 50x, and it raised $500K in a Pre Seed round from participants like Newark Venture Partners, Elevate Capital, and TiE New York. Vectorly was founded by Tunde Alawode and Sam Bhattacharyya, and it has now raised a total of $625K across three rounds.
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Cube, the business financial planning platform, has raised closed its first $175K in $2M convertible note offering according to a recent SEC filing. Cube was cofounded by Christina Calvaneso Ross in 2018.
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