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The AlleyWatch Startup Daily Funding Report: 7/16/2019

AlleyWatch by AlleyWatch
The AlleyWatch Startup Daily Funding Report: 7/16/2019
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The latest venture capital, seed, pre-seed, and angel deals for NYC startups for 7/16/2019 featuring funding details for Citizen, Altonomy, and much more. This page will be updated throughout the day to reflect any new fundings.

Citizen — $40M – Venture

Citizen, the mobile app for monitoring local crime activity and emergencies, has raised $40M in Venture funding from investors that include Sequoia Capital, Founders Fund, Slow Ventures, Lux Capital, Kapor Capital, 8VC, Scooter Braun, Aubrey Graham (Drake), LeBron James, Maverick Carter, and Mike Judge. Founded by Andrew Frame, JD Maresco, Luis Samaniego in 2015, Citizen has now raised a total of $53M in reported equity funding.

Altonomy — $7M – Seed

Cryptocurrency trading platform Altonomy has raised $7M in Seed funding from investors that include Polychain. Altonomy was founded by Bo Dong and Ricky Li in 2018.

CapitalRx — $12M – Series A

CapitalRx, the next-gen pharmacy benefits manager, has raised $12M in Series A funding. Learn more about the company and funding in our exclusive interview with CEO and Founder AJ Loicacano – Capital Rx Raises $12M to Bring Transparency to Pharmacy Benefits.

WAVE — $4.15M – Seed

WAVE, the meditation platform and subscription service, has raised $4.15M in Seed funding. Founded by Brad Warsh and Mason Levey in 2018, WAVE has now raised a total of $5.65M in reported equity funding. We’ll have an exclusive interview with the founding team tomorrow.

Torch Technology — $8.5M

Torch Technology, the procurement and inventory management platform for the dental industry, has raised $8.5M in additional funding according to a recent SEC filing. The filing indicates that there were thirty-one investors in this round and that the total offering amount is $9M. The filing lists Kent Bennett of Bessemer Venture Partners as a Director.Founded in 2017 by Drew Werner, Yassine Boukadoum, and Khaled Boukadoum, Torch Technology had previously raised a total of $2.5M in reported equity funding.

Tags: 8VCAltonomyAndrew FrameAubrey Graham (Drake)Bessemer Venture PartnersBo DongBrad Warsh and Mason LeveyCapitalRxCitizenDrew WernerFounders FundJD MarescoKapor CapitalKent BennettKhaled BoukadoumLeBron JamesLuis SamaniegoLux CapitalMaverick CarterMike JudgeRicky LiScooter BraunSequoia CapitalSlow VenturesTorch TechnologyWaveYassine Boukadoum
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