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The AlleyWatch Startup Daily Funding Report: 5/8/2025

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The latest venture capital, seed, pre-seed, and angel deals for NYC startups for 5/8/2025 featuring funding details for Glide, Inductive Bio, and much more. This page will be updated throughout the day to reflect any new fundings.


Inductive Bio – $25M Series A

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.

Glide – $15M Series A

FINTECH

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

VidMob – $8M

CREATIVE TECH

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.

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Protiv – $3.7M

CONSTRUCTION TECH

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.


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Tags: Acrew CapitalAlex CollmerBen BirnbaumCraig CoblenzDavid FrancoDrew BlasElizabeth ZalmanGautam AjjarapuGlideInductive BioJason DonnellJosh HaimsonMarty McCallMichael FortinberryObvious VenturesProtivSameer KapurSandgardenVidMobVishnu Chakroborty
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