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 the things that you may have missed in NYC Tech News for the week ending 12/7 including the NYC startup fundings, NYC startup exits, and NYC Tech events including news for Vroom, Kustomer, Quartet Health, and much more… Also, we had a technical issue last week, and last week’s report is included after this week’s news.
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The AlleyWatch audience is driving progress and innovation on a global scale. With its regional media properties, AlleyWatch serves as the highway for technology and entrepreneurship. There are a number of options to reach this audience of the world’s most innovative organizations and startups at scale including sponsoring a piece like this, which will be read by the vast majority of key influencers in the entrepreneurial universe. Find out more here.
Vroom, the used car marketplace, has raised $254M in Series H funding from investors that include T. Rowe Price, L Catterton, and Durable Capital Partners. This round makes Vroom NYC’s newest unicorn. Founded by Kevin Westfall, Marshall Chesrown, and Scott Chesrown in 2013, Vroom has now raised a total of $721.3M in reported equity funding. We interviewed Vroom CEO Paul Hennessy last year.
The AlleyWatch audience is driving progress and innovation on a global scale. With its regional media properties, AlleyWatch serves as the highway for technology and entrepreneurship. There are a number of options to reach this audience of the world’s most innovative organizations and startups at scale including sponsoring a piece like this, which will be read by the vast majority of key influencers in the entrepreneurial universe. Find out more here.
, the enterprise customer service platform, has raised $60M in Series E funding from investors that include Battery Ventures, Tiger Global Management, and Coatue Management. Founded by Brad Birnbaum and Jeremy Suriel in 2015, Kustomer has now raised a total of $173.5M in reported equity funding.
The AlleyWatch audience is driving progress and innovation on a global scale. With its regional media properties, AlleyWatch serves as the highway for technology and entrepreneurship. There are a number of options to reach this audience of the world’s most innovative organizations and startups at scale including sponsoring a piece like this, which will be read by the vast majority of key influencers in the entrepreneurial universe. Find out more here.
Otis Wealth, the marketplace for investment in exclusive alternative assets such as art, sneakers, music albums, and collectibles, has raised $10.9M in Series A funding according to a recent SEC filing. The filing indicates that there were eighteen investors in the round. Confirmed investors in previous rounds include Union Square Ventures, NextView Ventures, and Kindred Ventures. Founded by Michael Karnjanaprakorn in 2018, Otis Wealth has now raised a total of $14.2M in reported equity funding.
The AlleyWatch audience is driving progress and innovation on a global scale. With its regional media properties, AlleyWatch serves as the highway for technology and entrepreneurship. There are a number of options to reach this audience of the world’s most innovative organizations and startups at scale including sponsoring a piece like this, which will be read by the vast majority of key influencers in the entrepreneurial universe. Find out more here.
Behaviorial health startup Quartet Health has raised an additional $7.5M in funding as a part of Series D that was announced in June. This brings the total for the Series D round to $67.5M and this tranche comes from investors that include Deerfield Capital Management, Echo Ventures, and Blue Cross and Blue Shield of North Carolina. Founded by Arun Gupta and Steve Shulman in 2014, Quartet Health has now raised a total of $159.5M in reported equity funding.
The AlleyWatch audience is driving progress and innovation on a global scale. With its regional media properties, AlleyWatch serves as the highway for technology and entrepreneurship. There are a number of options to reach this audience of the world’s most innovative organizations and startups at scale including sponsoring a piece like this, which will be read by the vast majority of key influencers in the entrepreneurial universe. Find out more here.
Starship, the mobile health savings account that offers automated investing options, has raised $7M in Series A funding from investors that include 500 Startups, Valar Ventures, Clocktower Technology Ventures, Third Prime, and Broadhaven Capital Partners. Founded by Adam Pruden, Christoph Oberhofe, and Sean Engelking in 2016, Starship has now raised a total of $11M in reported equity funding.
The AlleyWatch audience is driving progress and innovation on a global scale. With its regional media properties, AlleyWatch serves as the highway for technology and entrepreneurship. There are a number of options to reach this audience of the world’s most innovative organizations and startups at scale including sponsoring a piece like this, which will be read by the vast majority of key influencers in the entrepreneurial universe. Find out more here.
Vendorful, the SaaS solution for vendor management and sourcing, has raised $3.05M in Seed funding from investors that include according to a recent SEC filing. The filing indicates that the $2.25M of the funding amount is from a conversion of a previous convertible note and that the total offering is for $3.67M. The funding comes from twenty-seven investors. Vendorful was founded by Peter Bonney and David Wadler in 2016.
The AlleyWatch audience is driving progress and innovation on a global scale. With its regional media properties, AlleyWatch serves as the highway for technology and entrepreneurship. There are a number of options to reach this audience of the world’s most innovative organizations and startups at scale including sponsoring a piece like this, which will be read by the vast majority of key influencers in the entrepreneurial universe. Find out more here.
Skopos Labs, the automated predictive intelligence platform, has raised $2.5M in Seed funding according to a recent SEC filing. The filing indicates that there were thirty investors in the round. Skopos Labs was founded by John Nay in 2016. This is the first reported institutional round of funding for the company.
The AlleyWatch audience is driving progress and innovation on a global scale. With its regional media properties, AlleyWatch serves as the highway for technology and entrepreneurship. There are a number of options to reach this audience of the world’s most innovative organizations and startups at scale including sponsoring a piece like this, which will be read by the vast majority of key influencers in the entrepreneurial universe. Find out more here.
ProWire Sport, the company which provides in-stadium audio broadcasts, has raised $2.2M in Seed funding according to a recent SEC filing. The filing indicates that there were three investors in the round. ProWire Sport was founded by Gordan Sumner and James Sumner in 2017. This is the first reported institutional round of funding for the company.
The AlleyWatch audience is driving progress and innovation on a global scale. With its regional media properties, AlleyWatch serves as the highway for technology and entrepreneurship. There are a number of options to reach this audience of the world’s most innovative organizations and startups at scale including sponsoring a piece like this, which will be read by the vast majority of key influencers in the entrepreneurial universe. Find out more here.
Lunchbox Technologies, the digital ordering platform for restaurants, has raised $1.06M in Venture funding from investors that include according to a recent SEC filing. The filing indicates that the total offering is for $1.56M and that there were three investors in this close. The filing lists Nnamdi Okike of 645 Ventures as a Director. Founded by Nabeel Alamgir, Andrew Boryk, Mikhail Foenko, and Mohammad Afzal in 2019, Lunchbox Technologies has now raised a total of $1.11M in reported equity funding.
The AlleyWatch audience is driving progress and innovation on a global scale. With its regional media properties, AlleyWatch serves as the highway for technology and entrepreneurship. There are a number of options to reach this audience of the world’s most innovative organizations and startups at scale including sponsoring a piece like this, which will be read by the vast majority of key influencers in the entrepreneurial universe. Find out more here.
Sugarmate, the diabetes management platform, has raised $185K in Convertible Note funding from investors that include according to a recent SEC filing. The filing indicates that the total offering is for $1M and that there were six investors in this close. Sugarmate was founded by Joshua Juster in 2015.
The AlleyWatch audience is driving progress and innovation on a global scale. With its regional media properties, AlleyWatch serves as the highway for technology and entrepreneurship. There are a number of options to reach this audience of the world’s most innovative organizations and startups at scale including sponsoring a piece like this, which will be read by the vast majority of key influencers in the entrepreneurial universe. Find out more here.
The AlleyWatch audience is driving progress and innovation on a global scale. With its regional media properties, AlleyWatch serves as the highway for technology and entrepreneurship. There are a number of options to reach this audience of the world’s most innovative organizations and startups at scale including sponsoring a piece like this, which will be read by the vast majority of key influencers in the entrepreneurial universe. Find out more here.
Frame.io, the video collaboration platform, has raised $50M in Series C funding from investors that include Insight Partners, Accel, FirstMark, SignalFire, and Shasta Ventures. Founded by Emery Wells and John Traver in 2014, Frame.io has now raised a total of $82.2M in reported equity funding.
The AlleyWatch audience is driving progress and innovation on a global scale. With its regional media properties, AlleyWatch serves as the highway for technology and entrepreneurship. There are a number of options to reach this audience of the world’s most innovative organizations and startups at scale including sponsoring a piece like this, which will be read by the vast majority of key influencers in the entrepreneurial universe. Find out more here.
Genvid, the developer of interactive tools for monetization of esports and live streaming, has raised $27M in Series B funding from investors that include Galaxy Interactive, March Capital Partners, OCA Ventures, Makers Fund, Horizons Ventures, Valor Equity Partners, and K5 Global. Founded by Fabien Ninoles in 2016, Genvid has now raised a total of $47M in reported equity funding.
The AlleyWatch audience is driving progress and innovation on a global scale. With its regional media properties, AlleyWatch serves as the highway for technology and entrepreneurship. There are a number of options to reach this audience of the world’s most innovative organizations and startups at scale including sponsoring a piece like this, which will be read by the vast majority of key influencers in the entrepreneurial universe. Find out more here.
New Stand, the company re-imagining the convenience store and bodega experience, has raised $5.6M in funding according to a recent SEC filing. The filing indicates that the total offering is for $10M and that there were five investors in the round. Founded by David Carson, Lex Kendall, and Andrew Deitchman in 2014, New Stand had previously raised a total of $7.9M in reported equity funding.
The AlleyWatch audience is driving progress and innovation on a global scale. With its regional media properties, AlleyWatch serves as the highway for technology and entrepreneurship. There are a number of options to reach this audience of the world’s most innovative organizations and startups at scale including sponsoring a piece like this, which will be read by the vast majority of key influencers in the entrepreneurial universe. Find out more here.
Pawp, the newly launched pet brand, has raised $3M in Seed funding from investors that include DCM Ventures and Digitalis Ventures. Pawp was founded by Andrew Malek, Marc Atiyeh, and Scott Sonneborn in 2019.
The AlleyWatch audience is driving progress and innovation on a global scale. With its regional media properties, AlleyWatch serves as the highway for technology and entrepreneurship. There are a number of options to reach this audience of the world’s most innovative organizations and startups at scale including sponsoring a piece like this, which will be read by the vast majority of key influencers in the entrepreneurial universe. Find out more here.
Andrena, the providers of an affordable wireless highspeed internet service, has raised $2.6M in funding according to a recent SEC filing. The filing indicates that there were thirteen investors in the round. Confirmed investors in the company include FJ Labs, 645 Ventures, Yes VC, and Imagination Capital. Andrena was founded by Neil Chatterjee and James Smits in 2018.
The AlleyWatch audience is driving progress and innovation on a global scale. With its regional media properties, AlleyWatch serves as the highway for technology and entrepreneurship. There are a number of options to reach this audience of the world’s most innovative organizations and startups at scale including sponsoring a piece like this, which will be read by the vast majority of key influencers in the entrepreneurial universe. Find out more here.
Carverr, the company using synthetic biology to improve the integrity of the food supply chain, has raised $1.9M in Seed funding from investors that include SOSV, Draper Associates, Alex Chung, and Kabir Misra. Carverr was founded by Nirmal Roy and Vishaal B. Bhuyan in 2018.
The AlleyWatch audience is driving progress and innovation on a global scale. With its regional media properties, AlleyWatch serves as the highway for technology and entrepreneurship. There are a number of options to reach this audience of the world’s most innovative organizations and startups at scale including sponsoring a piece like this, which will be read by the vast majority of key influencers in the entrepreneurial universe. Find out more here.
Online retailer for beer, TapRm raised $1.5M in a Seed round led by The Broe Group and including participation from VU Venture Partners and Branded Strategic Hospitality. TapRm was founded by Jason Sherman in 2019.
The AlleyWatch audience is driving progress and innovation on a global scale. With its regional media properties, AlleyWatch serves as the highway for technology and entrepreneurship. There are a number of options to reach this audience of the world’s most innovative organizations and startups at scale including sponsoring a piece like this, which will be read by the vast majority of key influencers in the entrepreneurial universe. Find out more here.
S’More Date, a new dating app, raised $1.1M led by Benson Oak Ventures and including Dmitry Volkov, SDVentures, and Sidecar Angels. Be on the lookout for our interview with S’More founder Adam Cohen-Aslatei.
The AlleyWatch audience is driving progress and innovation on a global scale. With its regional media properties, AlleyWatch serves as the highway for technology and entrepreneurship. There are a number of options to reach this audience of the world’s most innovative organizations and startups at scale including sponsoring a piece like this, which will be read by the vast majority of key influencers in the entrepreneurial universe. Find out more here.
