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 12/5 including the NYC startup fundings, NYC startup exits, and NYC startup events featuring news for Eon, Excelsior Sciences, PermitFlow, and much, much more.
Eon – $300M Series D
Cloud Infrastructure
Eon, an autonomous cloud backup and data resilience platform, has raised $300M in Series D funding led by Gil Capital. Founded by Gonen Stein, Ofir Ehrlich, and Ron Kimchi in 2024, Eon has now raised a total of $497M in reported equity funding.
Excelsior Sciences – $70M Series A
Biotech
Excelsior Sciences, a platform that applies AI and automated chemistry to simplify small-molecule discovery for accelerating drug development, has raised $70M in Series A funding led by Khosla Ventures, Deerfield Management, and Sofinnova Partners. Excelsior Sciences was founded by Bartosz Grzybowski, Jana Jensen, Martin Burke, and Michael Foley in 2024.
AlleyWatch is NYC’s leading source of tech and startup news, reaching the city’s most active founders, investors, and tech leaders. Partner with us →
PermitFlow – $54M Series B
Construction Tech
PermitFlow, an AI-powered permit application and management platform for the construction industry, has raised $54M in Series B funding led by Accel. Founded by Francis Thumpasery and Samuel Lam in 2021, PermitFlow has now raised a total of $90.5M in reported equity funding.
Fin – $17M Series A
Fintech
Fin, a stablecoin payment platform for high-value transactions, has raised $17M in Series A funding led by Pantera Capital. Fin was founded by Ian Krotinsky and Aashiq Dheeraj in 2022.
IMTC – $12M Series A
Fintech
IMTC, a portfolio management and order management platform for fixed income assets, has raised $12M in Series A funding led by Nyca Partners. IMTC was founded by Christian Moller, Erik Zoega, and Nicolai Graff Andersen in 2015.
Supper – $11M Seed
Enterprise Software
Supper, an agentic platform for seamlessly accessing company data, has raised $11M in Seed funding led by Union Square Ventures. Supper was founded by Andrew Salamon and Lowell Putnam in 2023.
AlleyWatch is NYC’s leading source of tech and startup news, reaching the city’s most active founders, investors, and tech leaders. Learn more →
LizzyAI – $5M Seed
HR Tech
LizzyAI, an AI-native autonomous interviewing platform, has raised $5M in Seed funding led by New Enterprise Associates. LizzyAI was founded by Yannis Niebelschuetz in 2025.
