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 6/5 including the NYC startup fundings, NYC startup exits, and NYC startup events featuring news for Radformation, Highlight, and much, much more.
MoCaFi – $23.5M
MoCaFi, a personal finance infrastructure platform for governments and philanthropic organizations to provide critical services to the underbanked, has raised $23.5M in Series B funding led by Commerce Ventures. Founded by Wole Coaxum in 2015, MoCaFi has now raised a total of $31.3M in reported equity funding.
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.
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.
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
Stepful – $7.5M
Stepful, an online learning platform for the healthcare industry that provides training to those without college degrees for entry-level roles, has raised $7.5M in Seed funding led by Reach Capital. Founded by Carl Madi, Edoardo Serra, and Tressia Hobeika in 2021, Stepful has now raised a total of $12.5M 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.
Radformation – $6.9M
Radformation, an automation platform for cancer care for providers to improve clinical workflow, has raised $6.9M in funding according to a recent SEC filing. The filing indicates that the total offering is for $7.2M and there were three investors in this close. Founded by Alan Nelson, Elisabeth Van Wie Van Wie, and Kurt Sysock in 2016, Radformation has now raised a total of 8.5 in reported equity funding.
Syllo – $455K
Syllo, an AI-powered legal tech platform, has raised $455K in funding according to a recent SEC filing. The filing indicates the total offering is for $2M and there were four investors in this close. Founded by Jeff Chivers and Theodore Rostow, in 2019, Syllo has now raised a total of $1.33M 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.
