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The AlleyWatch Startup Daily Funding Report: 12/21/2023

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The latest venture capital, seed, pre-seed, and angel deals for NYC startups for 12/21/2023 featuring funding details for Vestwell, Medallion, and much more. This page will be updated throughout the day to reflect any new fundings.


Vestwell – $125M

Vestwell, an employer and individual savings platform, has raised $125M in Series D funding from investors that include Lightspeed Venture Partners, HarbourVest Partners, Primary Venture Partners, Fin Capital, FinTech Collective, and Blue Owl. Founded by Aaron Schumm in 2016, Vestwell has now raised a total of $237.5M in reported equity funding.


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Medallion – $13.7M

Medallion, a web3 platform to allow musical artists to connect with fans, has raised $13.7M in Series A funding led by Dragonfly and Lightspeed Faction. Medallion was founded by Stephen Vallimarescu, Matt Jones, and Derek Davies in 2020.


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Texture – $5M

Texture, a platform for managing distributed energy from various sources, has raised $5M in funding according to a recent SEC filing. The filing indicates that there were nine investors in the round. Founded by Nicholas Brown, Sanjiv Sanghavi, and Victor Quinn in 2023, Texture has now raised a total of $7.2M in reported equity funding.


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Tags: Aaron Schummand Derek DaviesBlue OwlFin CapitalFinTech CollectiveHarbourVest PartnersLightspeed Venture PartnersMatt JonesMedallionNicholas BrownPrimary Venture PartnersSanjiv SanghaviStephen VallimarescuTextureVestwellVictor Quinn
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