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 7/11 including the NYC startup fundings, NYC startup exits, and NYC Tech events including news for Butler Hospitality, CALA, Kindbody, and much more…
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Mastercard has been transforming how people pay and get paid for more than 50 years. Guided by a commitment to innovation, Mastercard helps businesses grow, improves the consumer payments experience, and advances a more inclusive financial system around the globe. Fostering a culture of innovation is critical to success and Mastercard attracts talented people with curious minds and big ideas across eight global tech hubs, including in the heart of NYC. Mastercard is also committed to working with developers and entrepreneurs, enabling advances in the payments ecosystem of the future. Learn more about innovation and life at Mastercard here.
Kindbody, the modern fertility clinic and reproductive health startup, has raised $32M in Series B funding from investors that include GV, RRE Ventures, Perceptive Advisors, Rock Springs Capital, Claritas Capital, NFP – Poulos Insurance, Freemark Capital, and Goodgrower. Founded by Gina Bartasi and Joanne Schneider in 2018, Kindbody has now raised a total of $63.3M in reported equity funding.
Mastercard has been transforming how people pay and get paid for more than 50 years. Guided by a commitment to innovation, Mastercard helps businesses grow, improves the consumer payments experience, and advances a more inclusive financial system around the globe. Fostering a culture of innovation is critical to success and Mastercard attracts talented people with curious minds and big ideas across eight global tech hubs, including in the heart of NYC. Mastercard is also committed to working with developers and entrepreneurs, enabling advances in the payments ecosystem of the future. Learn more about innovation and life at Mastercard here.
Butler Hospitality the ghost kitchen operator for hotels raised $15M in Series A funding from the Kraft Group, &vest, Scopus Ventures, and Mousse Partners. Butler has raised atotal of $20.2M across three rounds. AlleyWatch will publish an exclusive interview with Butler Hospitality CEO Tim Gjonbalic on Monday. Stay tuned!
Mastercard has been transforming how people pay and get paid for more than 50 years. Guided by a commitment to innovation, Mastercard helps businesses grow, improves the consumer payments experience, and advances a more inclusive financial system around the globe. Fostering a culture of innovation is critical to success and Mastercard attracts talented people with curious minds and big ideas across eight global tech hubs, including in the heart of NYC. Mastercard is also committed to working with developers and entrepreneurs, enabling advances in the payments ecosystem of the future. Learn more about innovation and life at Mastercard here.
Every single one of these companies is hiring and hiring aggressively. Everything you need to need to know about the largest NYC startup funding rounds of Q2 2020; broken down by industry, stage, investors, and more…
CLICK HERE TO SEE THE LARGEST NYC STARTUP FUNDING ROUNDS OF Q2 2020
Mastercard has been transforming how people pay and get paid for more than 50 years. Guided by a commitment to innovation, Mastercard helps businesses grow, improves the consumer payments experience, and advances a more inclusive financial system around the globe. Fostering a culture of innovation is critical to success and Mastercard attracts talented people with curious minds and big ideas across eight global tech hubs, including in the heart of NYC. Mastercard is also committed to working with developers and entrepreneurs, enabling advances in the payments ecosystem of the future. Learn more about innovation and life at Mastercard here.
Chainalysis, the anti-money laundering software for Bitcoin businesses, has raised an additional $13M as a Series B extension from investors that include Ribbit Capital and Sound Ventures. This brings the total Series B round to $49M. AlleyWatch covered the original round – Chainalysis Raises Another $36M to be the Compliance Solution for Crypto That All Financial Institutions Need. Founded by Jan Moller, Jonathan Levin, and Michael Gronager in 2014, Chainalysis has now raised a total of $66.6M in reported equity funding.
Mastercard has been transforming how people pay and get paid for more than 50 years. Guided by a commitment to innovation, Mastercard helps businesses grow, improves the consumer payments experience, and advances a more inclusive financial system around the globe. Fostering a culture of innovation is critical to success and Mastercard attracts talented people with curious minds and big ideas across eight global tech hubs, including in the heart of NYC. Mastercard is also committed to working with developers and entrepreneurs, enabling advances in the payments ecosystem of the future. Learn more about innovation and life at Mastercard here.
Teal, the online platform helping people build their career, raised $5M in Seed funding led by Flybridge, along with 7 other participants such as Corigin Ventures, High Output Ventures, and Lerer Hippeau. Teal was founded in 2019 by David Fano.
Mastercard has been transforming how people pay and get paid for more than 50 years. Guided by a commitment to innovation, Mastercard helps businesses grow, improves the consumer payments experience, and advances a more inclusive financial system around the globe. Fostering a culture of innovation is critical to success and Mastercard attracts talented people with curious minds and big ideas across eight global tech hubs, including in the heart of NYC. Mastercard is also committed to working with developers and entrepreneurs, enabling advances in the payments ecosystem of the future. Learn more about innovation and life at Mastercard here.
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KYKLO, the e-commerce platform for electrical and automation distributors, has raised an additional $4.5M in funding according to a recent SEC filing. The filing indicates that there were six investors in the round. Investors in previous rounds include Wavemaker Partners and SeedPlus. Founded by Fabien Legouic and Remi Ducrocq in 2015, KYKLO had previously raised a total of $3.9M in reported equity funding.
Mastercard has been transforming how people pay and get paid for more than 50 years. Guided by a commitment to innovation, Mastercard helps businesses grow, improves the consumer payments experience, and advances a more inclusive financial system around the globe. Fostering a culture of innovation is critical to success and Mastercard attracts talented people with curious minds and big ideas across eight global tech hubs, including in the heart of NYC. Mastercard is also committed to working with developers and entrepreneurs, enabling advances in the payments ecosystem of the future. Learn more about innovation and life at Mastercard here.
SIMULATE, the plant-based food company, has raised $4.1M in venture funding from investors that include Lerer Hippeau, Alexis Ohanian, and AgFunder. Founded by Ben Pasternak in 2018, SIMULATE has now raised a total of $11.1M in reported equity funding. In conjunction with this funding, the company has rebranded from NUGGS, which is the company’s flagship plant-based chicken nugget product. AlleyWatch will publish an exclusive interview on this funding this upcoming week. Stay tuned!
Mastercard has been transforming how people pay and get paid for more than 50 years. Guided by a commitment to innovation, Mastercard helps businesses grow, improves the consumer payments experience, and advances a more inclusive financial system around the globe. Fostering a culture of innovation is critical to success and Mastercard attracts talented people with curious minds and big ideas across eight global tech hubs, including in the heart of NYC. Mastercard is also committed to working with developers and entrepreneurs, enabling advances in the payments ecosystem of the future. Learn more about innovation and life at Mastercard here.
Direct-to-consumer underwear brand Parade has raised $3M in funding. Parade was founded by Cami Tellez and Jack DeFuria in 2018 and has done $2.5M in sales in the last seven months.
Mastercard has been transforming how people pay and get paid for more than 50 years. Guided by a commitment to innovation, Mastercard helps businesses grow, improves the consumer payments experience, and advances a more inclusive financial system around the globe. Fostering a culture of innovation is critical to success and Mastercard attracts talented people with curious minds and big ideas across eight global tech hubs, including in the heart of NYC. Mastercard is also committed to working with developers and entrepreneurs, enabling advances in the payments ecosystem of the future. Learn more about innovation and life at Mastercard here.
CALA, the retail infrastructure marketplace for influencers and creators to launch their own fashion brands, has raised $3M in Seed funding from investors that include Real Ventures and Maersk Growth. Founded by Andrew Wyatt and Dylan Pyle in 2016, CALA has now raised a total of $7M in reported equity funding. AlleyWatch published an exclusive interview this week with Wyatt on CALA’s seed round.
Mastercard has been transforming how people pay and get paid for more than 50 years. Guided by a commitment to innovation, Mastercard helps businesses grow, improves the consumer payments experience, and advances a more inclusive financial system around the globe. Fostering a culture of innovation is critical to success and Mastercard attracts talented people with curious minds and big ideas across eight global tech hubs, including in the heart of NYC. Mastercard is also committed to working with developers and entrepreneurs, enabling advances in the payments ecosystem of the future. Learn more about innovation and life at Mastercard here.
Nayya helps employees choose and use their employee benefits through its flagship product Companion. Nayya has raised $2.7M in Seed funding led by Social Leverage, with participation from Guardian Strategic Ventures, Cameron Ventures, and Soma Capital. Nayya was founded by by Sina Chehrazi and Akash Magoon.
Mastercard has been transforming how people pay and get paid for more than 50 years. Guided by a commitment to innovation, Mastercard helps businesses grow, improves the consumer payments experience, and advances a more inclusive financial system around the globe. Fostering a culture of innovation is critical to success and Mastercard attracts talented people with curious minds and big ideas across eight global tech hubs, including in the heart of NYC. Mastercard is also committed to working with developers and entrepreneurs, enabling advances in the payments ecosystem of the future. Learn more about innovation and life at Mastercard here.
SpringServe, the independent ad-serving technology platform, has raised $1.8M in funding according to a recent SEC filing. The filing indicates that this round came from five investors and is structured as a convertible note. Founded in 2013, SpringServe has now raised a total of $2.9M in reported equity funding and originally launched as ServeMotion.
Mastercard has been transforming how people pay and get paid for more than 50 years. Guided by a commitment to innovation, Mastercard helps businesses grow, improves the consumer payments experience, and advances a more inclusive financial system around the globe. Fostering a culture of innovation is critical to success and Mastercard attracts talented people with curious minds and big ideas across eight global tech hubs, including in the heart of NYC. Mastercard is also committed to working with developers and entrepreneurs, enabling advances in the payments ecosystem of the future. Learn more about innovation and life at Mastercard here.
