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The AlleyWatch Startup Daily Funding Report: 10/15/2019

AlleyWatch by AlleyWatch
The AlleyWatch Startup Daily Funding Report: 10/15/2019
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The latest venture capital, seed, pre-seed, and angel deals for NYC startups for 10/15/2019 featuring funding details for Toggle, Thimble, and much more. This page will be updated throughout the day to reflect any new fundings.

Toggle — $3M – Seed

Toggle, the construction robotic platform that focuses on the fabrication of concrete, has raised $3M in Seed funding from investors that include Mark Cuban, Point72 Ventures, and Twenty Seven Ventures. Founded by Daniel Blank, Ian Cohen in 2016, Toggle has now raised a total of $3.57M in reported equity funding.

Thimble — $22M – Series A

Thimble, the on-demand insurance platform for independent short-term and gig workers, has raised $22M in Series A funding from investors that include Slow Ventures, AXA Venture Partners, OpenOcean, and IAC. Founded by Eugene Hertz, Jay Bregman in 2016, Thimble has now raised a total of $28.9M in reported equity funding. The company just rebranded and was previously known as Verifly. We covered Verifly last summer – This NYC Startup Makes Short Term Insurance Accessible to Freelancers Through One Click.

Tags: AXA Venture PartnersDaniel BlankEugene HertzIACIan CohenJay BregmanMark CubanOpenOceanSlow VenturesThimbleToggleTwenty Seven VenturesVerifly
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