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 4/29 including the NYC startup fundings, NYC startup exits, and NYC startup events featuring news for Constrafor, Chiefy, Axoni, and much, much more.
Pinecone – $100M
Pinecone, a vector database that gives AI long-term memory, has raised $100M in Series B funding led by Andreessen Horowitz. Founded by Edo Liberty in 2019, Pinecone has now raised a total of $138M in reported equity funding.
Katmai Tech – $22M
Katmai Tech, a virtual office and conferencing platform that uses 3D immersion, has raised $22M in venture funding led by Starr Insurance Companies. Katmai Tech was founded by Erik Braund in 2020.
Rinsed – $20M
Rinsed, a CRM platform built for car wash operators, has raised $20M in Series B funding led by VMG Partners. Founded by Austin Esecson, Nicholas Hippenmeyer, and Samuel Logan in 2019, Rinsed has now raised a total of $35M in reported equity funding.
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Axoni – $20M
Axoni, a blockchain infrastructure platform for financial institutions and the capital markets, has raised $20M in venture funding led by EJF Ventures. Founded by Greg Schvey and Jeff Schvey in 2013, Axoni has now raised a total of $109.8M in reported equity funding.
Mend – $10.5M
Mend, a functional nutrition brand, has raised $10.5M in funding according to a recent SEC filing. The filing indicates that the total offering is for $11.3M and there were eight investors in this close. Founded by Eziah Syed, J Whitney Stevens, and Reja Sabet in 2018, Mend has now raised a total of $14.6M in reported equity funding.
Constrafor – $7.5M
Constrafor, a construction procurement platform, has raised $7.5M in Venture funding led by Motive Partners. Founded by Anwar Ghauche and Douglas Reed in 2019, Constrafor has now raised a total of $13.8M in reported equity funding.
Chiefy – $4.2M
Chiefy, a collaboration platform for surgical teams to improve care delivery, has raised $4.2M in Seed funding led by LionBird. Chiefy was founded by Maya Ber Lerner, Assaf Ziv, and Roee Ber in 2020.
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POSH – $3.5M
POSH, an live event planning and management platform, has raised $3.5M in Seed funding led by EPIC Ventures and Companyon Ventures. Founded by Avante Price and Eli Taylor-Lemire in 2020, POSH has now raised a total of $5M in reported equity funding.
Belfry – $2.15M
Belfry, a platform for managing security (guard) businesses, has raised $2.15M in funding according to a recent SEC filing. The filing indicates that the total offering is for $2.5M and there were four investors in this close. Belfry was founded by Jordan Wallach and Alex Tulenko in 2022.
Clinical.ly – $1.1M
Clinical.ly, a platform for the clinical research industry focused on ensuring regulatory compliance, has raised $1.1M in funding according to a recent SEC filing. The filing indicates there were five investors in the round. Clinical.ly was founded by Henry Kravchenko in 2019.