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The AlleyWatch Startup Daily Funding Report: 5/31/2023

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The latest venture capital, seed, pre-seed, and angel deals for NYC startups for 5/31/2023 featuring funding details for Hyro, RealBlocks, and much more. This page will be updated throughout the day to reflect any new fundings.


Hyro – $20M

Hyro, a conversational artificial intelligence platform for the enterprise, has raised $20M in Series B funding led by Macquarie Capital. Founded by Israel Krush and Rom Cohen in 2018, Hyro has now raised a total of $35M 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.


RealBlocks – $10M

RealBlocks, an infrastructure platform focused on alternative investment fund management, has raised $10M in additional funding led by Crosslink Capital and Left Lane Capital. Founded by Naman Srivastava and Perrin Quarshie in 2017, RealBlocks has now raised a total of $20.8M in reported equity funding


The AlleyWatch audience is driving progress and innovation on a global scale. There are a number of options to reach this audience of the world’s most innovative organizations and startups at scale including strategic brand placement, lead generation, and thought leadership in front of an audience that comprises the vast majority of key decision-makers in the NYC business community and beyond. Learn more about advertising to NYC Tech, at scale.


Highlight – $12.4M

Highlight, a platform for in-home product testing and market research, has raised $12.4M in funding according to a recent SEC filing. The filing indicates that the total offering is for $19.6M and there were twenty-three investors in this close. Highlight was founded by Dana Kim and Ethan Kellough in 2019.


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.


Tags: Crosslink CapitalDana KimEthan KelloughHighlightHyroIsrael KrushLeft Lane CapitalMacquarie CapitalNaman SrivastavaPerrin QuarshieRealBlocksRom Cohen
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