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The AlleyWatch Startup Daily Funding Report: 3/26/2021

AlleyWatch by AlleyWatch
The AlleyWatch Startup Daily Funding Report: 3/26/2021
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The latest venture capital, seed, pre-seed, and angel deals for NYC startups for 3/26/2021 featuring funding details for Chainalysis, Algorithm Sciences, and much more. This page will be updated throughout the day to reflect any new fundings.

Chainalysis — $100M – Series D

Chainalysis, the blockchain analysis company, has raised $100M in Series D funding from investors that include Ribbit Capital, Addition, Time Ventures, and Paradigm. Founded by Jan Moller, Jonathan Levin, and Michael Gronager in 2019, Chainalysis has now raised a total of $266.6M in reported equity funding. This funding comes at a $2B+ valuation.

Algorithm Sciences — $2.9M – funding according to a recent SEC filing

Algorithm Sciences has raised $2.9M in funding according to a recent SEC filing. The filing indicates that the total offering is for $10M and that there were thirty-nine investors in this close. Matthew Duffy and Kamal Mubarak are listed in the filing as Executives along with Patrick Gallagher and James Ahern, who are listed as Directors. Algorithm Sciences was founded in 2019.

Lukka — $53M – Series D

Lukka (formerly Libra), the middle and back-office solution provider for the crypto-asset ecosystem has raised $53M in Series D funding from investors that include Soros Fund Management, S&P Global, and CPA.com Founded in 2014 by Jake Benson, Lukka has now raised a total of $91.3M in total reported equity funding.

Tags: AdditionAlgorithm SciencesChainalysisJake BensonJan MollerJonathan LevinLukkaMichael GronagerParadigmRibbit CapitalTime Ventures
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