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The AlleyWatch Startup Daily Funding Report: 8/17/2023

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The latest venture capital, seed, pre-seed, and angel deals for NYC startups for 8/17/2023 featuring funding details for Fantasy Life, Highlight, and much more. This page will be updated throughout the day to reflect any new fundings.


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.


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Highlight – $18M

Highlight, a physical product testing platform, has raised $18M in Series A funding from investors that include 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.


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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.


Tags: Acre Venture PartnersAlec ScheinerAustin EkelerCasey WassermanChris GroveDana KimDavid FerrucciElemental CognitionEthan KelloughFantasy LifeGeorge PyneHearstLabHighlightJaMarr ChaseJason SteinJoe BurrowJohn LegendJosh AllenKip LevinLRMR VenturesMatthew BerryRoger EhrenbergTony Khan
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