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 8/19 including the NYC startup fundings, NYC startup exits, and NYC startup events featuring news for Caden, BoldVoice, Summus Global, and much, much more.
Teamshares – $124M
Teamshares, an employee ownership platform for small businesses, has raised $124M in Series D funding from investors that include led by QED Investors. Founded by Alex Eu, Kevin Shiiba, and Michael Brown in 2019, Teamshares has now raised a total of $247.7M in reported equity funding.
Elemental Cognition – $60M
Elemental Cognition, a generative AI platform that powers decision making founded by the creator of Watson, has raised $60M in funding according to a recent SEC filing. Founded by David Ferrucci in 2015, Elemental Cognition has now raised a total of $168M in reported equity funding.
Summus Global – $19.5M
Summus Global, a virtual medical specialist platform, has raised $19.5M in funding according to a recent SEC filing funding from investors that include . The filing indicates that the round comes from five investors. Founded by Jennifer Kherani, Julian Flannery, and Aftab Kherani in 2015, Summus Global has now raised a total of $56.8M 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 – $18M
Highlight, a physical product testing platform, has raised $18M in Series A funding led by HearstLab and Acre Venture Partners. Founded by Dana Kim and Ethan Kellough in 2020, Highlight has now raised a total of $30M in reported equity funding.
Moxie – $15.7M
Moxie, an operations and business management platform for MedSpas, has raised $15.7M in funding according to a recent SEC filing. The filing indicates that there were twenty-three investors in the round and lists Chris Scoggins of SignalFire as a Director. Moxie was founded by Daniel Friedman and Sam Gerstenzang in 2022.
Caden – $15M
Caden, an intelligence platform that allows consumers to monetize their personal data and consumption habits, has raised $15M in Series A funding led by Nava Ventures. Founded by John Roa in 2021, Caden has now raised a total of $24.4M in reported equity funding.
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Mixlab – $10M
Mixlab, a veterinary pharmacy platform, has raised $10M in venture funding from investors that include a veterinary pharmacy platform. Founded by Frederic Dijols, Stella Falkner, Vinnie Dam, and Webster Ross in 2017, Mixlab has now raised a total of $40.5M in reported equity funding. AlleyWatch broke the news in an exclusive covering the round and much more – Mixlab Raises Another $10M for its Pet Pharmacy Delivery Service
Grit – $7M
Grit, a platform that uses machine learning and static analysis to eliminate technical debt in codebases, has raised $7M in Seed funding led by Founders Fund and Abstract Ventures. Grit was founded by Cosmin Radoi and Morgante Pell in 2022. AlleyWatch broke the news in an exclusive covering the round and much more – Grit Raises $7M to Automate Software Maintenance and Migrations by Leveraging AI
BoldVoice – $2.5M
BoldVoice, a pronunciation and communication app for non-native English speakers, has raised $2.5M in funding according to a recent SEC filing funding from investors that include . The filing indicates that the round comes from six investors. Founded by Anada Lakra and Ilya Usorov in 2021, BoldVoice has now raised a total of $5.1M 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.
Fantasy Life – $2M
Fantasy Life, a fantasy sports betting platform, has raised $2M in funding from investors that include Roger Ehrenberg, John Legend, Chris Grove, Casey Wasserman, Josh Allen, LRMR Ventures, Joe Burrow, Jason Stein, Alec Scheiner, Kip Levin, George Pyne, Tony Khan, Austin Ekeler, and JaMarr Chase. Fantasy Life was founded by Matthew Berry in 2022.
In-Seam – $2M
In-Seam, a personal styling platform that connects brands, designers, personal shoppers, and clients, has raised $2M in Pre-Seed funding led by Far Out Ventures. Founded by Amy Wehren in 2020, In-Seam has now raised a total of $2.1M in reported equity funding.
Advantage Platform – $1.25M
Advantage Platform, a yet-to-launch stealth platform, has raised $1.25M in funding according to a recent SEC filing. The filing indicates that the round comes from a sole investor. Advantage Platform was founded by Nicholas Van Winkle in 2022.
