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The AlleyWatch Startup Daily Funding Report: 7/16/2024

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The latest venture capital, seed, pre-seed, and angel deals for NYC startups for 7/16/2024 featuring funding details for itselectric, Welcome Technology Corporation, and much more. This page will be updated throughout the day to reflect any new fundings.


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.


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.


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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.


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.


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Tags: Anil JaladiBrendan FairbankscSigma FinanceFailup VenturesitselectricNathan KingPerchwellShane FoxTiya GordonUberWelcome Technology Corporation
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