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Home AlleyTalk #NYCTech

#NYCtech Week in Review: 9/1/24 – 9/7/24

AlleyWatch by AlleyWatch
#NYCtech Week in Review: 9/1/24 – 9/7/24
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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 9/7 including the NYC startup fundings, NYC startup exits, and NYC startup events featuring news for AminoChain, 1m, and much, much more.


Valon Technologies – $69.7M

Valon Technologies, a mortgage lending and servicing platform, has raised $69.7M in funding according to a recent SEC filing. The filing indicates that the round comes from two investors. Founded by Andrew Wang, Eric Chiang, and Jonathan Hsu in 2019, Valon Technologies has now raised a total of $166.8M in reported equity funding.


1m – $7.7M

1m, a risk management platform for the healthcare industry, has raised $7.7M in funding according to a recent SEC filing. The filing indicates that the funding comes from eighteen investors. 1m was founded by Jeffrey Ellis and Chris Giuliano in 2022.


AminoChain – $7.1M

AminoChain, a platform that connects bio-sample and research data across pre-clinical networks using the blockchain, has raised $7.1M in funding according to a recent SEC filing. The filing indicates that the round comes from twenty-one investors. AminoChain was founded by Caspar Barnes in 2022.


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Phidata – $5.4M

Phidata, an AI toolkit that can turn any LLM into an AI assistant, has raised $5.4M in funding according to a recent SEC filing. The filing indicates that the round comes from five investors. Phidata was founded by Ashpreet Bedi in 2023.


Create Wellness – $5M

Create Wellness, a creatine gummy brand, has raised $5M in Series A funding led by Unilever Ventures. Founded by Dan McCormick in 2022, Create Wellness has now raised a total of $7.3M in reported equity funding.


Trestle – $2.3M

Trestle, a vendor risk management platform for the construction industry, has raised $2.3M in Pre-Seed funding led by Lerer Hippeau. Trestle was founded by Dak Washbrook, Jason Chen, and Victor Zhang in 2022.


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Tags: 1mAminoChainAndrew WangAshpreet BediCaspar BarnesChris GiulianoCreate WellnessDak WashbrookDan McCormickEric ChiangJason ChenJeffrey EllisJonathan HsuLerer HippeauPhidataTrestleUnilever VenturesValon TechnologiesVictor Zhang
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