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The AlleyWatch Startup Daily Funding Report: 11/17/2025

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The latest venture capital, seed, pre-seed, and angel deals for NYC startups for 11/17/2025 featuring funding details for Keychain, Ramp, and much more. This page will be updated throughout the day to reflect any new fundings.

Ramp – $300M Venture Round

FINTECH

Ramp, the financial operations platform, has raised $300M in Venture funding led by Lightspeed Venture Partners. Founded by Eric Glyman, Gene Lee, and Karim Atiyeh in 2019, Ramp has now raised a total of $2.1B in reported equity funding.

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Norm AI – $103.5M

LEGAL TECH AI

Norm AI, a legal and compliance AI platform, has raised $103.5M in funding according to a recent SEC filing. The filing indicates that the round comes from twenty-one investors. Founded by John Nay in 2023, Norm AI has now raised a total of $141.9M in reported equity funding.


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Maybern – $50M Series B

PRIVATE FUNDS SOFTWARE

Maybern, an operating system for private funds, has raised $50M in Series B funding led by Battery Ventures. Founded by Ashwin Raghu and Ross Mechanic in 2020, Maybern has now raised a total of $76M in reported equity funding.

Keychain – $10M Venture Round

SUPPLY CHAIN AI

Keychain, an AI-powered platform for supply chain management connecting vendors and manufacturers in CPG, has raised $10M in Venture funding led by W23 Global. Founded by Jordan Weitz, Oisin Hanrahan, and Umang Dua in 2023, Keychain has now raised a total of $80.5M in reported equity funding.

Cypris – $2M

AI RESEARCH PLATFORM

Cypris, an AI-powered research platform for R&D and innovation teams, has raised $2M in funding according to a recent SEC filing. The filing indicates that the total offering is for $2.5M and the round comes from seven investors. Founded by Amir Achourie and Steven Hafif in 2020, Cypris has now raised a total of $13M in reported equity funding.

Tags: Amir AchourieAshwin RaghuBattery VenturesCyprisEric GlymanGene LeeJohn NayJordan WeitzKarim AtiyehKeychainLightspeed Venture PartnersMaybernNorm AIOisin HanrahanRampRoss MechanicSteven HafifUmang Dua
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