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The AlleyWatch Startup Daily Funding Report: 5/13/2021

AlleyWatch by AlleyWatch
The AlleyWatch Startup Daily Funding Report: 5/13/2021
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The latest venture capital, seed, pre-seed, and angel deals for NYC startups for 5/13/2021 featuring funding details for Optimal Dynamics, Elsker, and much more. This page will be updated throughout the day to reflect any new fundings.

Optimal Dynamics — $18.4M – Series A

Optimal Dynamics, the startup bringing AI to logistics and supply chain management, has raised $18.4M in Series A funding from investors that include Bessemer Venture Partners, TenOneTen Ventures, The Westly Group, Fusion Fund, Fitz Gate Ventures, and Embark Ventures. Founded by Daniel Powell and Warren Powell in 2017, Optimal Dynamics has now raised a total of $22.8M in reported equity funding.

Wellocution — $605K – funding according to a recent SEC filing

Wellocution, the platform that helps non-native speakers improve English pronunciation with personalized content from Hollywood’s top accent coaches, has raised $605K in funding according to a recent SEC filing. The filing indicates there were two investors in this close and the transaction is structured as a SAFE. Wellocution was founded by Anada Lakra, Ilya Usorov in 2021.

Elsker — $3.05M – funding according to a recent SEC filing

Elsker, a newly-founded stealth startup, has raised $3.05M in funding according to a recent SEC filing. The filing indicates there were thirty-one investors in the round, the transaction is structured as a convertible note, and lists Jason Shuman of Primary Venture Partners as a Director. Elsker was founded by Andres Klaric and Marc Escapa in 2021.

Tags: Andres KlaricBessemer Venture PartnersDaniel PowellElskerEmbark VenturesFitz Gate VenturesFusion FundMarc EscapaOptimal DynamicsTenOneTen VenturesThe Westly GroupWarren PowellWellocution
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