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The AlleyWatch Startup Daily Funding Report: 3/25/2025

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The latest venture capital, seed, pre-seed, and angel deals for NYC startups for 3/25/2025 featuring funding details for Charm Security, Rain, and much more. This page will be updated throughout the day to reflect any new fundings.

Rain – $24.5M Venture

FINTECH

Rain, a card issuing platform powered by stablecoins, has raised $24.5M in Venture funding led by Norwest Venture Partners. Rain was founded by Farooq Malik and Charles Naut in 2021.

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Charm Security – $8M Seed

CYBERSECURITY

Charm Security, an AI-powered customer security platform that prevents scams, social engineering, and human-centric fraud, has raised $8M in Seed funding led by Team8. Charm Security was founded by Avichai Ben and Roy Zur in 2024. AlleyWatch broke the news in an exclusive covering the round and much more – Charm Security Raises $8M to Transform Fraud Prevention with Psychological Insights and AI


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Flagship – $5M

DATA SCIENCE

Flagship, a data science intelligence platform for retailers, has raised $5M in funding according to a recent SEC filing. The filing indicates that the round comes from five investors. Founded by Alex Jofe and Justin Abrams in 2019, Flagship has now raised a total of $17.9M in reported equity funding.

Tags: Alex JofeAvichai BenCharles NautCharm SecurityFarooq MalikFlagshipJustin Abramsnorwest venture partnersRainRoy ZurTeam8
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