The latest venture capital, seed, pre-seed, and angel deals for NYC startups for 8/11/2020 featuring funding details for Trumid, Axle, and much more. This page will be updated throughout the day to reflect any new fundings.
Trumid — $200M –
Trumid, the institutional trading network and information service for corporate bonds, has raised $200M in funding from investors that include TPG, BlackRock, T. Rowe Price, and Dragoneer Investment Group to become NYC’s newest unicorn. Founded by Ronne Mateo in 2014, Trumid has now raised a total of $402.3M in reported equity funding.
Axle — $2.7M – venture
Axle, the platform for working captial for the logistics industry, has raised $2.7M in venture funding from investors that include Techstars and Anthemis Group. Founded by Bharath Krishnamoorthy and Shawn Vo in 2016, Axle has now raised a total of $3.1M in reported equity funding. In conjunction with this round, the firm also announced a $25M debt financing.
Brella Insurance — $1.5M – additional funding
Brella Insurance, the provider of supplemental health plans, has added $1.5M in funding from investors that include Digitalis, Operator Partners, andÊRon Bouganim. Founded by Veer Gidwaney (founded Maxwell Health – acquired) in 2019, Brella Insurance has now raised a total of $7M in reported equity funding. In conjunction with this announcement, the company announced its rebranding to Brella Insurance from Clara Insurance.
WayScript — $5M – Seed
WayScript, the scripting platform for developers that allows seamless integration with external applications with low-code, has raised $5M in Seed funding from investors that include Greycroft, Contour Venture Partners, and Tectonic Ventures. Founded by Jesse Orshan and Lane Eden in 2018, WayScript has now raised a total of $6.2M in reported equity funding.
