#NYCtech Week in Review: 5/4/25 – 5/10/25

FOOD DELIVERY

Wonder, the “super app for mealtime”, has raised $600M in Venture funding led by New Enterprise Associates. Founded by Marc Lore in 2018, Wonder has now raised a total of $2.5B in reported equity funding.

Artsy – $32.8M

ART MARKETPLACE

Artsy, the online art marketplace, has raised $32.8M in funding according to a recent SEC filing. The filing indicates that the round comes from forty-four investors. Founded by Carter Cleveland, Dasha Zhukova, Sebastian Cwilich, and Wendi Murdoch in 2009, Artsy has now raised a total of $133.7M in reported equity funding.

SevenRooms – Acquired by DoorDash for $1.2B

HOSPITALITY TECH

DoorDash, the global platform for local commerce, has acquired SevenRooms, the hospitality technology firm specializing in CRM and guest experience tools, in a $1.2B all-cash transaction. AlleyWatch’s exclusive coverage of the exit – DoorDash Acquires SevenRooms in $1.2B All-Cash Deal to Enhance Restaurant Technology Offerings

Inductive Bio – $25M

AI DRUG DISCOVERY

Inductive Bio, an AI-powered platform for small molecule drug discovery, has raised $25M in Series A funding led by Obvious Ventures. Founded by Josh Haimson and Ben Birnbaum in 2022, Inductive Bio has now raised a total of $29.3M in reported equity funding.

Diode Computers – $14.5M

HARDWARE

Diode Computers, an automated circuit board manufacturing platform, has raised $14.5M in funding according to a recent SEC filing. The filing indicates that the round comes from thirty-one investors. Founded by Davide Asnaghi and Lenny Khazan in 2024, Diode Computers has now raised a total of $15M in reported equity funding.

Glide – $15M

FINTECH

Glide, an embedded fintech platform for community banks and credit unions, has raised $15M in Series A funding led by Acrew Capital. Glide was founded by Gautam Ajjarapu, Sameer Kapur, and Vishnu Chakroborty in 2021.

VidMob – $8M

ADTECH

VidMob, an intelligent creative management platform, has raised $8M in funding according to a recent SEC filing. The filing indicates that the total offering is for $15M and this close comes from eleven investors. Founded by Alex Collmer, Craig Coblenz, and Jason Donnell in 2014, VidMob has now raised a total of $239.6M in reported equity funding.

Bondway.ai – $6.4M

FINTECH

Bondway.ai, an AI-powered platform that generates ideas for bond and capital markets professionals, has raised $6.4M in funding according to a recent SEC filing. The filing indicates that the round comes from seventeen investors. Bondway.ai was founded by Jeremy Sisselman in 2023.

Ezra – Acquired by Function Health

HEALTHTECH

Function Health, the personal health platform known for democratizing lab testing, has acquired Ezra, an AI-powered medical imaging startup, in a strategic move that could transform preventive healthcare. Financial terms were not disclosed. The acquisition will reduce full-body MRI scan prices from $1,500 to just $499, while decreasing scan duration from 60 minutes to 22 minutes. AlleyWatch’s exclusive coverage of the exit – The $499 Revolution: Function Health’s Acquisition of Ezra Changes Preventive Care with AI

Rentana – $5M

PROPTECH

Rentana, an AI-powered platform for multifamily revenue management, has raised $5M in Seed funding led by Zigg Capital and Benchstrength. Rentana was founded by Julie Blanc and Scott Takahashi in 2023. AlleyWatch broke the news in an exclusive covering the round and much more – Rentana Secures $5M to Power Multifamily Revenue Intelligence with AI

Protiv – $3.7M

CONSTRUCTION

Protiv, an incentive platform for hourly workers in the construction industry that aligns worker incentives with project success, has raised $3.7M in funding according to a recent SEC filing. The filing indicates that the total offering is for $4.3M and this close comes from twenty-four investors. Founded by Michael Fortinberry and David Franco in 2020, Protiv has now raised a total of $6M in reported equity funding.

Sandgarden – $3M

AI

Sandgarden, a modularized platform to prototype, iterate, and deploy AI applications, has raised $3M in funding according to a recent SEC filing. The filing indicates that there were five investors in the round. Founded by Drew Blas, Elizabeth Zalman, and Marty McCall in 2024, Sandgarden has now raised a total of $7.5M in reported equity funding.

Phia – $500K

FASHION

Phia, a price tracking browser extension for fashion, has raised $500K in Angel funding led by Desiree Gruber and Kris Jenner. Founded by Sophia Kianni and Phoebe Gates in 2022, Phia has now raised a total of $600K in reported equity funding.