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 5/11 including the NYC startup fundings, NYC startup exits, and NYC startup events featuring news for Limbo, Liquid Diamonds, and much, much more.
Provable Markets – $8M
Provable Markets, an alternative trading system that optimizes clearing, order matching, settlement, and security financing, has raised $8M in Series A funding led by Dialectic Capital Management. Provable Markets was founded by Matthew Cohen in 2020.
Limbo – $3.7M
Limbo, a wearable technology platform for managing weight loss and diabetes, has raised $3.7M in funding according to a recent SEC filing. The filing does not include a total offering but indicates that this close comes from twenty-seven investors. Founded by Rurik Bradbury and Pat Phelan in 2020, Limbo has now raised a total of $9.7M in reported equity funding.
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Dandi – $1.3M
Dandi, a fertility care platform, has raised $1.3M in Pre-Seed funding led by Tiferes Ventures. Dandi was founded by Jake Kent and Leyla Bilali in 2021. AlleyWatch broke the news in an exclusive covering the round and much more – Dandi Raises $1.3M For its Fertility Care Platform That Enhances IVF Treatment With Patient Support”
Liquid Diamonds – $1.1M
Liquid Diamonds, a B2B diamond sourcing platform, has raised $1.1M in Venture funding led by New York Angels. Founded by Kashyap Mehta and Mark Molloy in 2017, Liquid Diamonds has now raised a total of $1.4M in reported equity funding.
ShelterZoom – $282K
ShelterZoom, a smart document platform built on the blockchain, has raised $282K in funding according to a recent SEC filing. The filing indicates that the total offering is for $15M and there were eight investors in this close. Founded by Allen Alishahi and Chao Cheng-Shorland in 2016, ShelterZoom has now raised a total of $23M in reported equity funding.
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Daloopa – $18M
Daloopa, an AI-powered platform for historical financial data for use with modeling, has raised $18M in Series B funding led by Touring Capital . Founded by Daniel Chen, Jeremy Huang, and Thomas Li in 2019, Daloopa has now raised a total of $41.4M in reported equity funding.
ReflexAI – $6.5M
ReflexAI, a machine learning and natural language processing platform for training support teams, has raised $6.5M in funding according to a recent SEC filing. The filing indicates that the total offering is for $7M and this close comes from nine investors. Founded by John Callery and Sam Dorison in 2022, ReflexAI has now raised a total of $12.1M in reported equity funding.
