The latest venture capital, seed, pre-seed, and angel deals for NYC startups for 9/14/2023 featuring funding details for Hearth Display, Patronus AI, and much more. This page will be updated throughout the day to reflect any new fundings.
Hearth Display – $4.6M
Hearth Display, an operating system for family management, has raised $4.6M in Seed funding from investors that include Female Founders Fund, Stellation Capital, Sweater Ventures, Behind Genius Ventures, and Ingeborg Investments – . Founded by Mei Lin Ng, Nathalie Stratton, and Susie Harrison in 2020, Hearth Display has now raised a total of $7.6M in reported equity funding. AlleyWatch broke the news in an exclusive covering the round and much more – Hearth Raises Another $4.6M to be the Operating System to Power Families by Blending Hardware with Software
Patronus AI – $3M
Patronus AI, an automate evaluation and security platform for companies using large language models (LLMs), has raised $3M in Seed funding from investors that include Lightspeed Venture Partners, Gokul Rajaram, Amjad Masad, Factorial Capital, Michael Callahan, Suja Chandrasekaran, and Prasanna Gopalakrishnan. Patronus AI was founded by Anand Kannappan and Rebecca Qian in 2023.
Mm-hmm, sure. So, what’s the catch?
We know it may sound too good to be true. But thousands of investors are already smiling all the way to the bank, thanks to the fine-art investing platform Masterworks.
These results aren’t cherry-picking. This is the whole bushel. Masterworks has built a track record of 16 exits, including net returns of +10.4%, +27.3%, and +35.0%, even while financial markets plummeted.
But art? Really? Okay, skeptics, here are the numbers. Contemporary art prices:
- outpaced the S&P 500 by 131% over the last 26 years
- have the lowest correlation to equities of any asset class
- remained stable through the dot-com bubble and ’08 crisis
Got your attention yet? Alleywatch readers can skip the waitlist with this exclusive link.
LastMile AI – $10M
LastMile AI, an AI development and collaboration platform for the software engineering community, has raised $10M in Seed funding from investors that include AME Cloud Ventures, Gradient Ventures, Guillermo Rauch, 10x Founders, and Exceptional Capital. LastMile AI was founded by Suyog Sonwalker, Andrew Hoh, and Sarmad Qadri in 2023.
Amperon – $11M
Amperon, the energy intelligence and data company focused on synthesizing data from smart meters, has raised $11M in funding according to a recent SEC filing. The filing indicates the the total offering is for $20M and there were two investors in this close. Founded by Abe Stanway and Sean Kelly in 2017, Amperon has now raised a total of $18.5M in reported equity funding.
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