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 12/14 including the NYC startup fundings, NYC startup exits, and NYC startup events featuring news for Public, Sollis Health, Jones, and much, much more.
Stainless – $25M
Stainless, a platform that allows developers to seamlessly generate SDKs for their APIs, has raised $25M in Series A funding led by Sequoia Capital. Founded by Alex Rattray in 43881, Stainless has now raised a total of $35M in reported equity funding.
Cofactr – $17.2M
Cofactr, a supply chain and logistics management platform that streamlines hardware manufacturing, has raised $17.2M in Series A funding led by Bain Capital Ventures. Founded by Matthew Haber and Phillip Gulley in 2021, Cofactr has now raised a total of $28.8M in reported equity funding.
Hyro – $15M
Hyro, a conversational AI platform for the healthcare industry, has raised $15M in Series B funding led by Healthier Capital. Founded by Israel Krush and Rom Cohen in 2018, Hyro has now raised a total of $50M 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.
1m – $10M
1m, a risk management platform for healthcare organizations, has raised $10M in Series A funding led by Banner Health. Founded by Jeff Ellis and Chris Giuliano in 2022, 1m has now raised a total of $17.7M in reported equity funding.
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Mainframe – $10M
Mainframe, a generative AI assistant that acts an anticipatory agent to streamline workflows, has raised $10M in Series A funding from investors that include Lachy Groom and Stellation. Mainframe was founded by Jordan Singer in 2024. AlleyWatch broke the news in an exclusive covering the round and much more – Mainframe Raises $5.5M for AI That Anticipates Your Needs”
Endear – $6.9M
Endear, a CRM platform specifically catering to retail marketing for both in-store and online, has raised $6.9M in funding according to a recent SEC filing. The filing indicates that the round comes from nine investors. Founded by Jinesh Shah and Leigh Sevin in 2019, Endear has now raised a total of $10.1M in reported equity funding.
TRUE – $6M
TRUE, an AI-powered lending intelligence platform for mortgage operations, has raised $6M in funding according to a recent SEC filing funding from investors that include . The filing indicates that the total offering is for $7.7M and there were three investors in this close. Founded by Ari Gross, Alison Wasserman in 2017, TRUE has now raised a total of $27.9M in reported equity funding.
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FINNY – $4.3M
FINNY, an AI prospecting and lead generation platform for financial advisers, has raised $4.3M in Seed funding led by Maple VC and Hanover Technology Investment Management. Founded by Eden Ovadia, Theodore Janson, and Victoria Toli in 2023, FINNY has now raised a total of $4.8M in reported equity funding.
Flume – $3.5M
Flume, a provider of fiber broadband services, has raised $3.5M in funding according to a recent SEC filing. The filing indicates that the total offering is for $6M and there were two investors in this close. Founded by Brandon Gibson and Prashanth Vijay in 2020, Flume has now raised a total of $8.7M in reported equity funding.
Anise Health – $3M
Anise Health, a culturally responsive mental healthcare platform catered towards the Asian community, has raised $3M in Seed funding from investors that include led by Kicker Ventures. Founded by Alice Zhang and Nisha Desai in 2022, Anise Health has now raised a total of $4.2M 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.
