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The AlleyWatch Startup Daily Funding Report: 10/21/2025

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The latest venture capital, seed, pre-seed, and angel deals for NYC startups for October 21, 2025 featuring funding details for Andel, Moonshot AI, and much more. This page will be updated throughout the day to reflect any new fundings.

Estuary – $17M Series A

DATA PLATFORM

Estuary, the right-time AI data platform that alleviates bottlenecks, has raised $17M in Series A funding led by M13. Founded by David Yaffe and John Graettinger in 2019, Estuary has now raised a total of $24M in reported equity funding.

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Kard – $15M Additional Funding

FINTECH

Kard, an API-based rewards infrastructure platform, has raised $15M in additional funding led by Trinity Capital. Founded by Ben Mackinnon in 2016, Kard has now raised a total of $39.3M in reported equity funding.

Moonshot AI – $10M Seed

E-COMMERCE AI

Moonshot AI, a no-code platform for optimizing e-commerce stores, has raised $10M in Seed funding led by Mighty Capital. Founded by Aviv Frenkel and Evyatar Segal in 2023, Moonshot AI has now raised a total of $13M in reported equity funding.

Magic – $10M Seed

HOSPITALITY AI

Magic, a company bringing AI-powered solutions for the hospitality industry, has raised $10M in Seed funding led by Lerer Hippeau. Founded by Maggie Tang in 2025, Magic is bringing innovation to the hospitality sector with its AI technology.


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Andel – $4.5M Venture Funding

HEALTHTECH

Andel, a pharmacy benefits platform that unlocks access to GLP-1s and other brand-name medications, has raised $4.5M in Venture funding from investors including Seedcamp, Lightbank, SemperVirens Venture Capital, Bertelsmann Investments, and Houghton Street Ventures. Founded by Jay Bregman and Ritu Malhotra in 2025, Andel is improving access to important medications.

Tags: AndelAviv FrenkelBen MackinnonBertelsmann InvestmentsDavid YaffeEstuaryEvyatar SegalHoughton Street VenturesJay BregmanJohn GraettingerKardLightbankM13Maggie TangMagicMighty CapitalMoonshot AIRitu MalhotraSeedcampSemperVirens Venture CapitalTrinity Capital
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