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The AlleyWatch Startup Daily Funding Report: 5/18/2023

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The latest venture capital, seed, pre-seed, and angel deals for NYC startups for 5/18/2023 featuring funding details for Kelvin, Percent, and much more. This page will be updated throughout the day to reflect any new fundings.


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


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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.


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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.


Tags: 2150HouseAccountIoannis KymissisKelvinMarshall CoxMatt DoumarNelson ChuPercentWhite Star CapitalWiley Cerilli
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