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The AlleyWatch Startup Daily Funding Report: 5/12/2026

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The latest venture capital, seed, pre-seed, and angel deals for NYC startups for 5/12/2026 featuring funding details for Frame Security, Exponent, 4AM, and much more. This page will be updated throughout the day to reflect any new fundings.

Frame Security – $50M

CYBERSECURITY
AI

Frame Security, a cybersecurity platform that trains employees to recognize and respond to AI-powered social engineering, deepfake, and phishing attacks, has raised $50M in Venture funding led by Index Ventures, Team8, and Picture Capital, with Assaf Rappaport and Gil Capital. Frame Security was founded by Tal Shlomo and Sharon Shmueli in 2025.


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Exponent – $7.7M

FINTECH

Exponent, a financial platform that provides lending, charge cards, and AI-powered CFO tools for multi-unit franchise operators, has raised $7.7M in Series A funding led by Era and Chailease, with K8 Fund, Kyle Huzma, Haza Foods, and Chunara Group. Founded by Sohel Roopani in 2024, Exponent has now raised a total of $10M in reported equity funding.


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4AM – $4M

4AM, a skincare brand that produces serum-infused facial wipes designed for simplified on-the-go cleansing and skincare routines, has raised $4M in Seed funding led by CAVU Consumer Partners, with B4 Capital, Type Capital, Cassandra Grey, Brian Bordainick, Muneeb Shah, Michelle Hu, Joyce Park, and Maggie Sellers Reum. 4AM was founded by Sabrina Sade and Jade Beguelin in 2021.


Tags: 4AMCAVU Consumer PartnersChaileaseERAExponentFrame SecurityIndex VenturesJade BeguelinPicture CapitalSabrina SadeSharon ShmueliSohel RoopaniTal ShlomoTeam8
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