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 3/22 including the NYC startup fundings, NYC startup exits, and NYC startup events featuring news for Graphite, Crossmint, Privy, and much, much more.
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Graphite – $52M Series B
AI
Developer Tools
Graphite, an AI-powered code review and coding assistance platform, has raised $52M in Series B funding led by Accel. Founded by Greg Foster, Merrill Lutsky, and Tomas Reimers in 2020, Graphite has now raised a total of $72M in reported equity funding.
Crossmint – $23.6M
Blockchain
Infrastructure
Crossmint, an all-in-one blockchain backend platform for companies to build onchain, has raised $23.6M in Venture funding led by Ribbit Capital. Founded by Alfonso Gomez-Jordana Manas and Rodri Fernandez Touza in 2022.
Privy – $15M
Crypto
Fintech
Privy, an API-based crypto wallet infrastructure platform, has raised $15M in Venture funding led by Ribbit Capital. Founded by Asta Li and Henri Stern in 2021, Privy has now raised a total of $41.3M in reported equity funding.
Nammu21 – $10M
Analytics
Fintech
Nammu21, an analytics infrastructure platform for private credit transactions, has raised $10M in funding according to a recent SEC filing. The filing indicates that the round comes from three investors. Founded by Someera Khokhar in 2017, Nammu21 has now raised a total of $25.8M in reported equity funding.
257 – $9.2M Seed
Energy
Residential
257, a residential energy data platform to encourage electrification, has raised $9.2M in Seed funding led by F2 Venture Capital. Founded by Scott Rosenberg and Tal Chalozin in 2023.
Ryse – $5.9M
PropTech
Fintech
Ryse, a buy now, pay later platform for landlords providing them with immediate cash flow, has raised $5.9M in funding according to a recent SEC filing. The filing indicates that the total offering is for $6.4M and there were twenty-four investors in the close. Founded by Harsh Yadav and Sean Mitchell in 2023, Ryse has now raised a total of $6.4M in reported equity funding.
Daisy – $3.9M Seed
Creator Economy
Marketing
Daisy, a platform that connects brands with creators to boost content, has raised $3.9M in Seed funding led by CMT Digital, Volt Capital, and EV3 Ventures. Founded by Ray Lee, Vincent Tuscano, Ian Ettinger, and Dylan Huey in 2024.
Level – $2.6M
DeFi
Crypto
Level, a stablecoin with DeFi-native yield, has raised $2.6M in Venture funding led by Dragonfly. Founded by Kedian Sun and David Lee in 2021, Level has now raised a total of $6.2M in reported equity funding.
Musaffa – $348K
Fintech
Islamic Finance
Musaffa, an Islamic law compliant trading platform for ETFs and stocks, has raised $348K in funding according to a recent SEC filing. The filing indicates that the total offering is for $5M and there were eight investors in this close. Founded by Dilshod Jumaniyazov and Rashid Turaev in 2022, Musaffa has now raised a total of $3.5M in reported equity funding.
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