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 8/30 including the NYC startup fundings, NYC startup exits, and NYC startup events featuring news for Rain, InstaLILY AI, AI Optics, Boost My School, Nauta, and much, much more.
Rain – $58M Series B
Fintech
Rain, a global stablecoin infrastructure platform, has raised $58M in Series B funding led by Sapphire Ventures. Founded by Farooq Malik and Charles Yoo-Naut in 2021, Rain has now raised a total of $82.5M in reported funding.
InstaLILY AI – $25M Series A
AI/Enterprise
InstaLILY AI, a platform for domain-trained AI agents for heavy and regulated industries, has raised $25M in Series A funding led by Insight Partners. Founded by Amit Shah and Sumantro Das in 2023, InstaLILY AI is revolutionizing how enterprises deploy AI in complex regulatory environments.
AI Optics – $14.7M Funding Round
Healthcare/AI
AI Optics, an AI-powered diagnostic screening platform for vision loss conditions, has raised $14.7M in funding according to a recent SEC filing. The filing indicates that the round comes from ninety-two investors. Founded by Andrew DiGiore and Luke Moretti in 2020, AI Optics has now raised a total of $14.8M in reported equity funding.
AlleyWatch is NYC’s leading source of tech and startup news, reaching the city’s most active founders, investors, and tech leaders. Advertise with us →
Boost My School – $10M Venture
EdTech
Boost My School, a fundraising platform for K-12 schools, has raised $10M in Venture funding led by High Alpha. Founded by Holman Gao in 2019, Boost My School is transforming how educational institutions raise funds and engage with their communities.
Nauta – $7M Seed
Logistics/AI
Nauta, an AI-powered logistics orchestration platform, has raised $7M in Seed funding led by Construct Capital and Predictive. Founded by Valentina Jordan and Rafael Santiago in 2025, Nauta is streamlining complex supply chain operations with intelligent automation.
