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 4/6 including the NYC startup fundings, NYC startup exits, and NYC startup events featuring news for Intelligent Events, Burnt, and much, much more.
Blueground – $45M
Blueground, a provider of flexible, furnished apartment rentals, has raised $45M in Series D funding from investors that include WestCap and Susquehanna Private Equity Investments. Founded by Alexandros Chatzieleftheriou, Alexis Maragkos, Amine Housni, Andreas Nezeritis, Aneesa Arshad, Kurtulus Korkmaz, and Penny Papakonstantinou in 2023, Blueground has now raised a total of $261.7M in reported equity funding.
Burnt – $25M
Burnt, a modular blockchain built for mainstream adoption, has raised $25M in Venture funding from investors that include Animoca Brands, Multicoin Capital, Draper Dragon, GoldenTree Asset Management, Sfermion, Laser Digital, and Arrington Capital. Founded by Burnt Banksy in 2021, Burnt has now raised a total of $41.5M 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.
Proxima – $12M
Proxima, a predictive data intelligence platform focused on growth for e-commerce brands, has raised $12M in Series A funding from investors that include Great Oaks Venture Capital, Mucker Capital, Aglae Ventures, Data Point Capital, Connexa Capital, Broadway Partners, and FirstLook Partners. Proxima was founded by Alex Song in 2022.
Aligned Marketplace – $8M
Aligned Marketplace, a membership network for access to primary care for employees, has raised $8M in Seed funding from investors that include SVA, BoxGroup, Liquid 2 Ventures, EPIC Ventures, Maverick Ventures, and A* Capital. Aligned Marketplace was founded by Patrick Nelli in 2023.
Supply Wisdom – $6.15M
Supply Wisdom, an automated platform for managing third-party risk in supply chains, has raised $6.15M in funding according to a recent SEC filing. The filing indicates that the total offering is for $7.4M and there were seven investors in this close. Founded by Atul Vashistha in 2017, Supply Wisdom has now raised a total of $17.65M in reported equity funding.
An Exclusive Program
For a very innovative community
Welcome to PropelME, an exclusive program meticulously crafted for qualified companies navigating the dynamic broadcast, media, and entertainment entrepreneurial landscape. Our program offers a unique fusion of year-round online community engagement and immersive, in-person experiences during NAB Show events, creating a comprehensive support system for early-stage companies. Immerse yourself in a supportive community where shared expertise drives innovation, providing not just networking opportunities but a deeper engagement with industry trends for forward-thinking startups and entrepreneurs. Join us in shaping the future of entrepreneurship. It all starts at NAB Show, April 13-17, 2024 in Las Vegas.
Submit your Application
Interested in learning more without officially participating in PropelME? Use code PR03 for a FREE Exhibits Pass for the NAB Show. – Register Now
Billy – $4.5M
Billy, a marketplace for insurance for the construction industry, has raised $4.5M in funding according to a recent SEC filing. The filing indicates that the total offering is for $5.4M and that this close comes from forteen investors. Billy was founded by Grant Robbins and Nyasha-Harmony Gutsa in 2020.
Intelligent Events – $400K
Intelligent Events, a yet-to-launch startup, has raised $400K in funding according to a recent SEC filing. The filing indicates that the total offering is for $1.2M and there were tqo investors in this close. Founded by Stefan Weitz in 2022, Intelligent Events has now raised a total of $4.4M in reported equity funding.
