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The AlleyWatch Startup Daily Funding Report: 2/13/2020

AlleyWatch by AlleyWatch
The AlleyWatch Startup Daily Funding Report: 2/13/2020
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The latest venture capital, seed, pre-seed, and angel deals for NYC startups for 2/13/2020 featuring funding details for BlockFi, Ramp Financial, and much more. This page will be updated throughout the day to reflect any new fundings.

BlockFi — $30M – Series B

BlockFi, the financial services provider that focuses on crypto-backed assets, has raised $30M in Series B funding from investors that include led by Valar Ventures with participation from Morgan Creek Digital, PJC, Akuna Capital, CMT Digital, Avon Ventures, Castle Island Ventures, Purple Arch Ventures, Kenetic Capital, Winklevoss Capital, Arrington XRP Capital, and Hong Kong-based HashKey Capital. Founded by Zac Prince and Flori Marquez in 2017, BlockFi has now raised a total of $108.7M in reported equity funding. We have an exclusive interview with Prince on BlockFi’s Series B round.

Ramp Financial — $25M – venture

Ramp Financial, the new challenger corporate credit card, has raised $25M in venture funding from investors that include BoxGroup, Coatue Management, and Conversion Capital. Founded by Eric Glyman and Karim Atiyeh in 2019, Ramp Financial has now raised a total of $32M in reported equity funding.

Tags: Akuna CapitalArrington XRP CapitalAvon VenturesBlockFiBoxGroupCastle Island VenturesCMT DigitalCoatue ManagementConversion CapitalEric GlymanFlori MarquezHashKey CapitalKarim AtiyehKenetic CapitalMorgan Creek DigitalPJCPurple Arch VenturesRamp FinancialValar VenturesWinklevoss CapitalZac Prince
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