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 9/30 including the NYC startup fundings, NYC startup exits, and NYC startup events featuring news for Canvs AI, Boisson, Stepful, and much, much more.
AlphaSense – $150M
AlphaSense, a market intelligence and search platform, has raised $150M in Series E funding from investors that include Viking Global Investors, Goldman Sachs Asset Management, CapitalG, and Bond. Founded by Jack Kokko in 2008, AlphaSense has now raised a total of $770.1M in reported equity funding.
Transfr – $40M
Transfr, a virtual reality-based skills training platform, has raised $40M in Series C funding from investors that include Album VC, ABS Capital Partners, JPMorgan Chase & Co., Akkadian Ventures, Firework Ventures, Lumos Capital Group, and Spring Tide Capital. Founded by Bharani Rajakumar in 2017, Transfr has now raised a total of $87M in reported equity funding.
Farther Finance – $31M
Farther Finance, a digital wealth management firm, has raised $31M in Series B funding from investors that include Bessemer Venture Partners, Lightspeed Venture Partners, Khosla Ventures, Cota Capital, MassMutual Ventures, and Moneta VC. Founded by Taylor Matthews and Brad Genser in 2019, Farther Finance has now raised a total of $46M in reported equity funding.
Gem – $23M
Gem, a cloud detection and response platform, has raised $23M in Series A funding from investors that include GGV Capital, IBM Ventures, Silicon Valley CISO Investments, and Team8. Founded by Ofir Brukner, Ron Konigsberg, and Arie Zilberstein in 2019, Gem has now raised a total of $34M in reported equity funding.
Now you might be thinking: “what the heck are you talking about?” But keep reading, because this investment platform’s users are already smiling all the way to the bank. Thanks to Masterworks, the award-winning platform for investing in blue-chip art.
Every single one of Masterworks’ 15 sales has returned a profit to investors, for a 100% positive net return track record. With 3 recent sales, Masterworks investors realized net annualized returns of 17.6%, 21.5% and 35%.
How does it work? Simple, Masterworks does all of the heavy lifting like finding the painting, buying it, storing it, and eventually selling it. It files each offering with the SEC so that nearly anyone can invest in highly coveted artworks for just a fraction of the price of the entire piece.
Shares of every offering are limited, but AlleyWatch readers can skip the waitlist to join with this exclusive link.
IYK – $16.8M
IYK, a web3 platform for brands, musicians, and creators to connect with audiences at scale, has raised $16.8M in Seed funding from investors that include 1kx, Collab+Currency, a16z crypto, Synergis Capital, Lattice Fund, G money, Coop Records, Justin Aversano, Art Blocks, and Palm Tree Crew. IYK was founded by Ryan Ouyang in 2021.
Canvs AI – $15M
Canvs AI, an AI-powered text analysis platform to measure consumer insight, has raised $15M in venture funding led by Fulcrum Equity Partners. Founded by Jared Feldman in 2015, Canvs AI has now raised a total of $22.1M in reported equity funding.
Bandit Running – $14.25M
Bandit Running, an apparel company for runners, has raised $14.25M in funding according to a recent SEC filing. The filing indicates that the total offering is for $15.5M and there were seven investors in this close. Bandit Running was founded by Nick West and Tim West in 2021.
Evvy – $14M
Evvy, a biomarker discovery platform for women’s health, has raised $14M in Series A funding from investors that include General Catalyst, Left Lane Capital, G9 Ventures, Amboy Street Ventures, Virtue, LabCorp Venture Fund, Ingeborg Investments, and RH Capital. Founded by Priyanka Jain, Laine Bruzek, and Pita Navarro in 2020, Evvy has now raised a total of $19M in reported equity funding
Atomic’s new PayLink suite is a set of financial tools that enable consumers to connect merchant accounts, streaming services, and recurring bills to their financial institution’s app seamlessly updating their payment methods on file and enabling a one-stop hub for reviewing upcoming expenses. By streamlining the account-switching experience, Paylink makes it easier to switch primary relationships, aligning with the CFPB’s open banking vision.
Stepful – $11.8M
Stepful, an online learning platform for the healthcare industry that provides training to those without college degrees for entry-level roles, has raised $11.8M in funding according to a recent SEC filing. The filing indicates that there were seven investors in the round. Founded by Carl Madi and Edoardo Serra in 2021, Stepful has now raised a total of $24.3M in reported equity funding.
Pickle – $8.5M
Pickle, a peer-to-peer rental marketplace for clothing, has raised $8.5M in funding according to a recent SEC filing. The filing indicates that there were twenty-seven investors in this round and lists Rick Heitzman of Firstmark as a Director. Pickle was founded by Brian McMahon and Julia O’Mara in 2021.
Yaysay – $8M
Yaysay, an AI-powered discovery-driven shopping ap, has raised $8M in Seed funding led by Lightspeed Venture Partners. Founded by Philip Krim, Lindsay Ferstandig, JD Maresco, and Katie Watts Fitzgibbon in 2023, Yaysay has now raised a total of $10.3M in reported equity funding.
Boisson – $5M
Boisson, a non-alcoholic beverage retailer, has raised $5M in venture funding from investors that include Convivialite Ventures and Connect Ventures. Founded by Barrie Arnold and Nicholas Bodkins in 2021, Boisson has now raised a total of $34.6M 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.
Nori – $4.7M
Nori, a direct-to-consumer maker of handheld steamer irons, has raised $4.7M in funding according to a recent SEC filing. The filing indicates that this round comes from twenty-five investors. Nori was founded by Annabel Love, Courtney Toll, and Alexis Schmittlein in 2017.
Avantis Labs – $4M
Avantis Labs, a non-alcoholic beverage retailer, has raised $4M in Seed funding from investors that include Founders Fund, Pantera Capital, Modular Capital, Base Ecosystem Fund, and Galaxy. Avantis Labs was founded by Harsehaj Singh in 2023.
BloomCredit – $1.95M
BloomCredit, the financial wellness platform that helps those that have been denied credit and loans to improve their financial eligibility, has raised $1.95M in funding according to a recent SEC filing. The filing indicates that the total offering is for $5M and there were two investors in this close. Founded by Corey Kaplan and Matt Harris in 2016, BloomCredit has now raised a total of $21.65M in reported equity funding.
Goalsetter – $1M
Goalsetter, a goal-based savings and banking platform for children designed to develop positive financial habits, has raised $1M in venture funding from investors that include led by Reseda Group. Founded by Tanya Van Court in 2016, Goalsetter has now raised a total of $21.45M in reported equity funding.