#NYCtech Week in Review: 9/8/19-9/14/19

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 9/14 including the NYC startup fundings, NYC startup exits, and NYC Tech events including news for Capsule, Group Nine Media, Atlas Obscura, and much more…

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Techpharma company Capsule, founded by Eric Kinariwala, has raised $200M in Series C led by TCV and including participation from Thrive Capital and Glade Brook Capital Partners. Capsule has now raised a total of $270M across three rounds.

Group Nine Media, the digital media holding company that operates NowThis, Thrillist, The Dodo, and Seeker, has raised an additional $50M in funding from investors that include Axel Springer and Discovery Communications. Group Nine formed in 2016 through the merger of several media brands and is led by Ben Lerer. This funding comes at a reported $600M+ post-money valuation.

Atlas Obscura, the travel-focused media company, has raised $20M in Series B funding led by Airbnb. Founded by Dylan Thuras and Joshua Foer in 2009, Atlas Obscura has now raised a total of $32M in reported equity funding.

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Earnest Research, the platform for data analysis, has raised $15M in Series B funding from investors that include Greycroft, Osage Venture Partners, Pivot Investment Partners, and Bonfire Ventures. Founded by Kevin Carson in 2012, Earnest Research has now raised a total of $18.5M in reported equity funding.

Vic.ai, the AI-powered automated accounting solution, has raised $11.2M in Series A funding from investors that include GGV Capital, Cowboy Ventures, and Costanoa Ventures. Founded by Alexander Hagerup, Kristoffer Roil, and Rune Loyning in 2016, Vic.ai has now raised a total of $12.7M in reported equity funding.

Caper, the company behind autonomous checkouts using smart carts, has raised $10M in Series A funding from investors that include Y Combinator, First Round Capital, FundersClub, Lux Capital, Hardware Club, and Sidekick Fund. Founded by Lindon Gao and York Yang in 2017, Caper has now raised a total of $13M in reported equity funding.

FINAL DEADLINE: Nominations are now open for the NYC E-Commerce Influencers feature on AlleyWatch presented in partnership with Marketing Architects. Nominations are open until 9/17. Please submit your nominees and be sure to share with your networks! Submit here – http://ecommerce.alleywatch.com

CMDTY is the new physical commodity supply chain startup founded by Brian O’Kelley, who was the founder and CEO of AppNexus. CMDTY has raised $10M in Series A funding from Venrock and Rucker Park.

Homevest, the proptech start focused on fractional ownership through renting, has raised $9.3M in funding according to a recent SEC filing. The filing indicates that the total offering is for $10.3M with Evan Moore of Khosla Ventures and Keith Rabois of Founders Fund listed as Directors. Nineteen investors participated in this close. Founded by Michael Wong in 2017, Homevest previously raised a convertible note in April of this year in which forty-six investors participated.

Hawthorne, the men’s personal care brand, has raised $8M in Series A funding from investors that include Founder Collective, Comcast Ventures, Shana Fisher, and Imaginary Ventures. Founded by Brian Jeong and Phillip Wong in 2015, Hawthorne has now raised a total of $10.2M in reported equity funding.

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Bytemark, the provider of transit fare solutions, has raised an additional $6.5M in funding according to a recent SEC filing. The filing indicates that this funding came from a sole investor. Founded by Greg Valyer and Nick Ihm in 2011, Bytemark had previously raised a total of $10.5M in reported equity funding.

Magic Spoon, the direct-to-consumer cereal brand, has raised $5.5M in Seed funding from investors that include Lightspeed Venture Partners, Collaborative Fund, Wild Ventures, DGNL Ventures, Nebari Ventures, Joey Zwillinger, Jeff Raider, Dave Gilboa & Neil Blumenthal, Moiz Ali, Michael and Daniel Broukhim, Questlove, Rick Rubin, Kevin Rose, and Peter Attia. We have an exclusive interview with cofounders Gabi Lewis and Greg Sewitz on Magic Spoon’s Seed round.

SocialFlow, the social media distribution and monetization platform for publishers, has raised an additional $3.4M in funding according to a recent SEC filing. The filing indicates that there were eleven investors in this round. Founded by Frank Speiser and Mike Perrone in 2009, SocialFlow had previously raised a total of $27.1M in reported equity funding.

Harvest Platform, the platform that helps consumers save on bank fees, has raised $3.1M in Seed funding from investors that include Techstars, Barclays Accelerator, powered by Techstars – London, Hustle Fund, Lakehouse Ventures, Financial Venture Studio, and OpenDoor Venture Capital. Harvest Platform was founded by Gabriel Dell’Accio and Namrata Baral in 2018.

Cyware Labs, the threat intelligence sharing and cybersecurity platform, has raised $3M in Seed funding from investors that include led by Emerald Development Managers. Founded by Anuj Goel and Akshat Kumar Jain in 2016, Cyware Labs has now raised a total of in reported equity funding.

Argyle, the platform for accessing workforce data, has raised $2.6M in Seed funding from investors that include Checkr, Bain Capital Ventures. Argyle was founded by Audrius Zujus, Chris Hansen, and Shmulik Fishman in 2018.

Prevu, the digital home buying platform, has raised $2M in Seed funding from investors that include Corigin Ventures, AVG Basecamp Fund, and Kairos. Prevu was founded by Chase Marsh and Thomas Kutzman in 2015.

CoverUS, the health data platform that lets patients control and monetize their health data, has raised $500K in additional funding in the form of a SAFE note according to a recent SEC filing. The filing indicates that the total offering is for $1M and that this close came from a sole investor. Founded by Andrew Hoppin and Christopher Sealey in 2018, CoverUS has now raised a total of $1.25M in reported equity funding.

#NYCtech Week in Review: 9/8/19-9/14/19

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