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 6/17 including the NYC startup fundings, NYC startup exits, and NYC startup events featuring news for OOVA, Medivis, Madhive, and much, much more.
Madhive – $300M
Madhive, a connected TV advertising platform, has raised $300M in additional funding from investors that include Goldman Sachs Asset Management. Madhive was founded by Adam Helfgott, Stacy Huggins, and Tom Bollich in 2016.
FIA Tech – $25.4M
FIA Tech, a tech platform for the futures industry that focuses on exchange-traded derivatives (ETD), has raised $25.4M in additional funding from investors that include Goldman Sachs, Bank of America, Citi, JP Morgan, Wells Fargo, and BNP Paribas, Barclays. Led by Nick Solinger, FIA Tech has now raised a total of $69.4M in reported equity funding.
Blackbird.AI – $20M
FIA Tech, an AI-driven narrative and risk intelligence platform, has raised $20M in Series B funding fled by Ten Eleven Ventures. Founded by Naushad UzZaman and Wasim Khaled in 2017, Blackbird.AI has now raised a total of $32M 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.
Medivis – $20M
Medivis, a AR-powered surgical navigation platform, has raised $20M in Series A funding led by Thrive Capital. Founded by Christopher Morley and Osamah Choudhry in 2016, Medivis has now raised a total of $24.5M in reported equity funding.
OOVA – $10.3M
OOVA, an at-home fertility testing platform, has raised $10.3M in Series A funding led by Spero Ventures. Founded by Amy Divaraniya and Jerome Scelza in 2017, OOVA has now raised a total of $12.5M in reported equity funding.
Lalo – $10.1M
Lalo, a baby and toddler brand, has raised $10.1M in Series A funding led by Spin Master Ventures. Founded by Greg Davidson and Michael Wieder in 2015, Lalo has now raised a total of $15.7M in reported equity funding. AlleyWatch broke the news in an exclusive covering the round and much more – Lalo Raises $10.1M for its Baby and Toddler Brand That Offers Thoughtfully-Designed and Safe Products
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.
Normal Computing – $8.5M
Normal Computing, a deep tech startup that uses probabilistic AI to provide enterprise-level infrastructure for complex applications, has raised $8.5M in Seed funding led by Celesta Capital and First Spark Ventures. Normal Computing was founded by Faris Sbahi and Matthias Tan in 2022. AlleyWatch broke the news in an exclusive covering the round and much more – Normal Computing Raises $8.5M for its Generative AI Development Platform That Integrates Probabilistic AI to Ensure Applications are Reliable and Ready for Production
Impala – $4.5M
Impala, a business intelligence platform for the non-profit sector, has raised $4.5M in funding according to a recent SEC filing. The filing indicates that the total offering is for $6M and that this close comes from five investors. Founded by Tom Huberman, Simon Dickson, and Shahar Brukner in 2020, Impala has now raised a total of $5.6M in reported equity funding.
Breadboard – $4M
Breadboard, a supply chain management platform for the electronics component industry, has raised $4M in funding according to a recent SEC filing. The filing indicates that the round comes from five investors. Founded by George Balayan and Zachary Feuerstein in 2022, Breadboard has now raised a total of $5M in reported equity funding.
Rex – $3.96M
Rex, a photo-based recommendation app, has raised $3.96M in Seed funding from investors that include Accel, Khosla Ventures, and Future Positive. Rex was founded by Aliza Rosen in 2021.
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.
Housing Cloud – $3.5M
Housing Cloud, a campus housing management platform, has raised $3.5M in funding according to a recent SEC filing. The filing indicates that the total offering is for $4M and that this close comes from a sole investor. Housing Cloud was founded by Geoff Bartakovics and Sasha Bratyshkin in 2022.
Glazier Software – $3M
Glazier Software, a platform focused on helping glass contractors manage their businesses efficiently, has raised $3M in funding according to a recent SEC filing. The filing indicates that the total offering is for $3.5M and this close comes from a sole investor. Founded by Chandler Mahaney and Amanda Georgescu in 2022, Glazier Software has now raised a total of $4M in reported equity funding.
Triple Axle – $2.25M
Triple Axle, a software platform for the heavy haul trucking industry, has raised $2.25M in funding according to a recent SEC filing. The filing indicates that the total offering is for $2.5M and there were two investors in this close. Triple Axle was founded by Christian Battaglia and Joanna Patterson 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.
