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Home AlleyTalk #NYCTech

#NYCtech Week in Review: 10/20/24 – 10/26/24

AlleyWatch by AlleyWatch
#NYCtech Week in Review: 10/20/24 – 10/26/24
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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 10/26 including the NYC startup fundings, NYC startup exits, and NYC startup events featuring news for Reality Defender, Pario Health, Tennr, and much, much more.


Valon Technologies – $100M

Valon Technologies, a mortgage servicing platform, has raised $100M in Series C funding led by WestCap. Founded by Andrew Wang, Eric Chiang, and Jonathan Hsu in 2019, Valon Technologies has now raised a total of $230M in reported equity funding.


Polymarket – $82.2M

Polymarket, the prediction market platform, has raised $82.2M in funding according to a recent SEC filing. The filing indicates that the round comes from twenty-eight investors. Founded by Shayne Coplan in 2020, Polymarket has now raised a total of $156.6M in reported equity funding.


Tennr – $37M

Tennr, an AI-powered platform that automates the exchange of medical documents between healthcare practices, has raised $37M in Series B funding led Lightspeed Venture Partners. Founded by Diego Baugh, Trey Holterman, and Tyler Johnson in 2021, Tennr has now raised a total of $60M in reported equity funding.


Obligo – $35M

Obligo, a provider of flexible security deposit solutions for renters and landlords, has raised $35M in Venture funding led by True Global Ventures (TGV) and 83North. Founded by Roey Dor and Omri Dor in 2017, Obligo has now raised a total of $90.5M in reported equity funding.


Reality Defender – $33M

Reality Defender, a platform for detecting deepfakes and AI-generated media, has raised $33M in Series A funding led by Illuminate Financial. Founded by Ali Shahriyari, Ben Colman, and Gaurav Bharaj in 2021, Reality Defender has now raised a total of $48.5M 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.


TollBit – $24M

TollBit, a two-sided marketplace for AI companies and publishers to exchange and monetize content and data, has raised $24M in Series A funding led Lightspeed Venture Partners. Founded by Olivia Joslin and Toshit Panigrahi in 2023, TollBit has now raised a total of $31M in reported equity funding.


Attention – $14M

Attention, an AI-powered platform that turns conversations into actionable intelligence for sales professionals, has raised $14M in Series A funding from investors that include led by Alven. Founded by Anis Bennaceur and Matthias Wickenburg in 2021, Attention has now raised a total of $17.1M in reported equity funding.


Checkmate – $10M

Checkmate, a unified ordering platform for restaurants to handle delivery orders, has raised $10M in Series B funding from investors that include led by Tiger Global Management. Founded by Vishal Agarwal in 2016, Checkmate has now raised a total of $13M in reported equity funding.


Paccurate – $8.1M

Paccurate, a packing intelligence platform for parcel shipping, has raised $8.1M in Series A funding led by High Alpha. Founded by James Malley and Patrick Powers in 2018, Paccurate has now raised a total of $13.8M in reported equity funding.


SuppCo – $5.5M

SuppCo, a platform for individuals to manage all aspects of their supplement use, has raised $5.5M in Seed funding led by Union Square Ventures and True Ventures. SuppCo was founded by Steve Martocci and Nick Michlewicz in 2023.


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Phylax Systems – $4.5M

Phylax Systems, a protocol for for crypto transactions that embeds a credible security layer into base layers , has raised $4.5M in funding according to a recent SEC filing. The filing indicates that the round comes from forty-six investors. Phylax Systems was founded by Odysseas Lamtzidis in 2024.


Pario Health – $4M

Pario Health, an AI-powered practice management and EHR platform, has raised $4M in funding according to a recent SEC filing. The filing indicates that the round comes from three investors. Pario Health was founded by Maggie Diehl and Josh Baiad in 2023.


Awarded Software – $3.03M

Awarded Software, a platform that lets higher education institutions manage scholarships, has raised $3.03M in funding according to a recent SEC filing. The filing indicates that the total offering is for $3.5M and there were two investors in this close. Awarded Software was founded by Amaan Badruddin and Pranav Kunapuli in 2022.


Highnote – $2.5M

Highnote, an audio collaboration platform for musicians, has raised $2.5M in Venture funding from investors that include led by Dropbox Ventures. Highnote was founded by Paulina Vo, Chris Muccioli, and Jordan Bradley in 2020.


Turnover Labs – $1.4M

Turnover Labs, a startup that is decarbonizing chemical manufacturing, has raised $1.4M in Pre-Seed funding led by Pace Ventures. Turnover Labs was founded by Marissa Beatty in 2022.


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.


Tags: 83NorthAli ShahriyariAlvenAmaan BadruddinAndrew WangAnis BennaceurAttentionAwarded SoftwareBen ColmanCheckmateChris MuccioliDiego BaughDropbox VenturesEric ChiangGaurav BharajHigh AlphaHighnoteIlluminate FinancialItsacheckmateJames MalleyJonathan HsuJordan BradleyJosh BaiadLightspeed Venture PartnersMaggie DiehlMarissa BeattyMatthias WickenburgNick MichlewiczObligoOdysseas LamtzidisOlivia JoslinOmri DorPaccuratePace VenturesPario HealthPatrick PowersPaulina VoPhylax SystemsPolymarketReality DefenderRoey DorSteve MartocciSuppCoTennrTiger Global ManagementTollBitToshit PanigrahiTrey HoltermanTrue Global Ventures (TGV)true venturesTurnover LabsTyler JohnsonUnion Square VenturesValon TechnologiesVishal AgarwalWestCap
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