With so much happening 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 4/5, including the NYC startup fundings, NYC startup exits, and NYC startup events featuring news for Ethic, Adaptive Security, Meadow, and much, much more.
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Ethic – $64M Series D
FINTECH
SUSTAINABLE INVESTING
Ethic, a technology platform that helps asset managers build products and investment options that are aligned with investor values, has raised $64M in Series D funding led by State Street Global Advisors. Founded by Doug Scott, Jay Lipman, and Johny Mair in 2015, Ethic has now raised a total of $162.8M in reported equity funding.
Adaptive Security – $43M Series A
CYBERSECURITY
AI
Adaptive Security, a cybersecurity platform that focuses on training employees to understand and identify simulated GenAI social engineering attacks, has raised $43M in Series A funding led by Andreessen Horowitz and OpenAI Startup Fund. Adaptive Security was founded by Brian Long and Andrew Jones in 2023.
Actively AI – $17.5M Series A
AI
ENTERPRISE
Actively AI, an AI-powered reasoning platform for revenue teams, has raised $17.5M in Series A funding led by Bain Capital Ventures. Founded by Anshul Gupta and Mihir Garimella in 2021, Actively AI has now raised a total of $22.5M in reported equity funding.
Meadow – $16M
FINTECH
EDUCATION
Meadow, a next-gen financial services platform for students, has raised $16M in funding according to a recent SEC filing. The filing indicates that the round comes from six investors. Founded by Alfredo Brillembourg, Amy Jenkins, Cameron McLain, Gareth Dismore, Just Kraprayoon, Pietro Rea, Tommy Stadlen in 2021, Meadow has now raised a total of $19.5M in reported equity funding.
Here Not There Labs – $9.25M
BLOCKCHAIN
COMMUNICATIONS
Here Not There Labs, the team behind the blockchain communications protocol for online communities Towns, has raised $9.25M in funding according to a recent SEC filing. The filing indicates that the round comes from five investors. Founded in 2020, Here Not There Labs has now raised a total of $34.75M in reported equity funding.
RapidClaims – $8M Series A
HEALTHCARE
AI
RapidClaims, an AI-powered revenue cycle management platform for the healthcare industry, has raised $8M in Series A funding led by Accel. Founded by Dushyant Mishra, Jot Sarup Singh, and Abhinay Vyas, in 2023, RapidClaims has now raised a total of $11.1M in reported equity funding.
TwinKnowledge – $3.7M Seed
AI
CONSTRUCTION
TwinKnowledge, an AI copilot and knowledge platform for the architectural, engineering, and construction industry, has raised $3.7M in Seed funding led by Camber Creek. TwinKnowledge was founded by Ivan Panushev in 2023.
Ropes – $3.1M Seed
HR TECH
AI
Ropes, an AI-powered engineering talent evaluation and assessment platform, has raised $3.1M in Seed funding led by GSV Ventures. Ropes was founded by Ken Schumacher in 2023.
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