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The AlleyWatch Startup Daily Funding Report: 2/13/2025

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The latest venture capital, seed, pre-seed, and angel deals for NYC startups for 2/13/2025 featuring funding details for Circuit, PayStandards, and much more. This page will be updated throughout the day to reflect any new fundings.

Circuit – $17M Series B

URBAN MOBILITY

Circuit, a provider of turnkey short-trip, electric shuttle urban mobility solutions, has raised $17M in Series B funding led by MKB. Founded by Alexander Esposito and James Mirras in 2011, Circuit has now raised a total of $30.3M in reported equity funding.

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PayStandards – $1.375M

HR TECH

PayStandards, a compensation management platform, has raised $1.375M in funding according to a recent SEC filing. The filing indicates that the total offering is for $7M, the transaction is structured as a SAFE, and this close comes from fifteen investors. PayStandards was founded by Joseph Davolio and Todd Gershkowitz in 2022.


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Tags: Alexander EspositoCircuitJames MirrasJoseph DavolioMKBPayStandardsTodd Gershkowitz
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