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 7/20 including the NYC startup fundings, NYC startup exits, and NYC startup events featuring news for Perchwell, cSigma Finance, Shaped, and much, much more.
Standard Bots – $39M
Standard Bots, an AI-powered robotics startup, has raised $39M in Series B funding from investors that include led by General Catalyst. Founded by David Golden and Evan Beard in 2015, Standard Bots has now raised a total of $65M in reported equity funding.
Adaptive Real Estate – $19M
Adaptive Real Estate, a finance automation platform for the construction industry, has raised $19M in Series A funding from investors that include led by Emergence Capital. Founded by Francisco Enriquez, Henry Bradlow, and Matthew Calvano in 2021, Adaptive Real Estate has now raised a total of $26.3M in reported equity funding.
Perchwell – $17.7M
Perchwell, a data and workflow platform for the residential real estate industry, has raised $17.7M in funding according to a recent SEC filing. The filing indicates that the total offering is for $20M and there were thirteen investors in this close. Founded by Brendan Fairbanks in 2015, Perchwell has now raised a total of $32.7M 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.
Shaped – $8M
Shaped, an AI-powered recommendation and search platform, has raised $8M in Series A funding led by Madrona. Founded by Daniel Camilleri, Shai Bruhis, and Tullie Murrell in 2021, Shaped has now raised a total of $10M in reported equity funding.
Didero – $7M
Didero, an AI-powered supply chain management platform focused on procurement initially, has raised $7M in Seed funding from investors that include First Round Capital, BoxGroup, Company Ventures, Construct Capital, and Conviction VC. Didero was founded by Tim Spencer, Lorenz Pallhuber, and Tom Petit in 2023. AlleyWatch broke the news in an exclusive covering the round and much more – Didero Raises $7M to Automate Procurement Workflows for Mid Market Manufacturers
itselectric – $6.5M
itselectric, an EV curbside charging infrastructure startup, has raised $6.5M in Seed funding led by Failup Ventures and Uber. Founded by Nathan King and Tiya Gordon in 2021, itselectric has now raised a total of $8.8M in reported equity funding. AlleyWatch broke the news in an exclusive covering the round and much more – Itselectric Raises $6.5M to Expand its Network of Public Curbside Chargers in NYC and Beyond
Emissary – $4.5M
Emissary, a SaaS marketplace that connects sales teams with former Fortune 500 executives at the companies they are targeting, has raised $4.5M in funding according to a recent SEC filing. The filign indicates that the total offering is for $7.2M and there were twelve investors in this close. Founded by David Hammer in 2013, Emissary has now raised a total of $34.7M in reported equity funding.
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cSigma Finance – $1.55M
cSigma Finance, a DeFi platform for SME borrowers to connect with lenders in private credit pools, has raised $1.55M in funding according to a recent SEC filing. The filing does not include a total offering amount but does indicate that the transaction is structured as a convertible note and there were eleven investors in this close. cSigma Finance was founded by Anil Jaladi in 2023.
Lucid Green – $1.4M
Lucid Green, an inventory management and identification system for cannabis products, has raised $1.4M in Venture funding from investors that include Gotham Green Partners and Gron Ventures. Founded by Larry Levy and Paul Botto in 2018, Lucid Green has now raised a total of $15.7M in reported equity funding.
Welcome Technology Corporation – $1.285M
Welcome Technology Corporation, a POS and management system for restaurants, has raised $1.285M in funding according to a recent SEC filing. The filing indicates that the total offering is for $3M, the transaction is structured as a convertible note, and there were fifteen investors in this close. Welcome Technology Corporation was founded by Shane Fox in 2023.
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.
