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 5/20 including the NYC startup fundings, NYC startup exits, and NYC startup events featuring news for HouseAccount, Percent, Kustomer, and much, much more.
Avenue One – $100M
Avenue One, a property technology management system and marketplace for residential homes, has raised $100M in venture funding led by WestCap. Avenue One was founded by William Martiner and Ryan Stroker in 2020.
Kustomer – $60M
Kustomer, the enterprise customer service platform acquired by Facebook in 2020 has now spun out and has raised $60M in venture funding from investors that include Battery Ventures, Boldstart Ventures, and Redpoint Ventures to operate as an independent entity. Founded by Brad Birnbaum and Jeremy Suriel in 2015, Kustomer has now raised a total of $233.5M in reported equity funding.
Kelvin – $30M
Kelvin, an HVAC provider that uses decarbonized solutions for older buildings, has raised $30M in Series A funding led by 2150. Founded by Ioannis Kymissis and Marshall Cox in 2011, Kelvin has now raised a total of $35.9M in reported equity funding. The company also rebranded from its previous name Radiator Labs to better reflect its expanding capabilities
Attention seed-stage founders! 43North is on the hunt for its next cohort. Five companies will receive a $1M investment for 5% equity. The best part? The money is only the beginning. At 43North, you’ll gain access to funding, mentorship and connections designed to fuel your growth and propel your business forward. Learn more and apply at 43North.org.
Percent – $29.7M
Percent, a credit marketplace for private debt, has raised $29.7M in Series B funding led by White Star Capital. Founded by Nelson Chu in 2018, Percent has now raised a total of $48.2M in reported equity funding.
Wellthy – $25.5M
Wellthy, a concierge service for medical care for both patients and their families, has raised $25.5M in venture funding led by Hearst Ventures and Eldridge. Founded by Kevin Roche and Lindsay Jurist-Rosner in 2014, Wellthy has now raised a total of $78M in reported equity funding.
Adonis – $17.3M
Adonis, a revenue intelligence and automation platform for the healthcare industry, has raised $17.3M in Series A funding from investors that include led by General Catalyst. Founded by Akash Magoon and Aman Magoon in 2022, Adonis has now raised a total of $22.9M in reported equity funding.
Could your startup us a $1M investment, plus mentorship, and support to scale? Join 43North’s Why to Apply Webinar on May 31! REGISTER HERE.
HouseAccount – $15.1M
HouseAccount, a home management platform that’s integrated with home service providers, has raised $15.1M in funding according to a recent SEC filing. Founded by Matt Doumar and Wiley Cerilli in 2021, HouseAccount has now raised a total of $21.4M in reported equity funding.
Yuvo – $10.2M
Yuvo, a platform that enables community health centers to provide value-based care, has raised $10.2M in funding according to a recent SEC filing. The filing indicates that the total offering is for $20M and there were six investors in this close. Founded by Cesar Herrera and Janel Sia in 2021, Yuvo has now raised a total of $17.8M in reported equity funding.
Unlimited Funds – $8M
Unlimited Funds, a startup that’s using machine learning to build ETFs that provide makes exposure to alternative alternatives accessible for retail investors, has raised $8M in funding according to a recent SEC filing. The filing indicates that the total offering is for $11.4M and there were for investors in this close. Blue Apron founder Matt Salzberg, Firstmark’s Adam Nelson, and Cito Venture’s Luis Valdich are listed as Directors. Unlimited Funds was founded by Bruce McNevin and Bob Elliott in 2022.
Attention seed-stage founders! 43North is on the hunt for its next cohort. Five companies will receive a $1M investment for 5% equity. The best part? The money is only the beginning. At 43North, you’ll gain access to funding, mentorship and connections designed to fuel your growth and propel your business forward. Learn more and apply at 43North.org.
Neura Health – $8M
Neura Health, a virtual care platform for people experiencing with neurologic conditions like migraines and headaches, has raised $8M in Seed funding from investors that include led by Norwest Venture Partners and Koch Disruptive Technologies. Founded by Elizabeth Burstein and Sameer Madan in 2020, Neura Health has now raised a total of $10.3M in reported equity funding.
Somethings – $3.2M
Somethings, a mental health platform for teenagers that connects them with vetted mentors, has raised $3.2M in Seed funding led by General Catalyst. Somethings was founded by Patrick Gilligan in 2022.
Bright Power – $3M
Bright Power, an analytics and solutions provider for energy and water management for building owners, has raised $3M in funding according to a recent SEC filing. The filing does not provide a total offering amount but indicates that this close came from two investors. Founded by Jean Barmash and Jeffrey Perlman in 2004, Bright Power has now raised a total of $29M in reported equity funding.
Attention seed-stage founders! 43North is on the hunt for its next cohort. Five companies will receive a $1M investment for 5% equity. The best part? The money is only the beginning. At 43North, you’ll gain access to funding, mentorship and connections designed to fuel your growth and propel your business forward. Learn more and apply at 43North.org.
