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 8/15/26 including the NYC startup fundings, NYC startup exits, and NYC startup events featuring news for Flagler Health, Riven Systems, and WashWise, and much, much more.
Flagler Health – $50M
HEALTHTECHAI
Flagler Health, an AI-native platform that coordinates clinical and administrative workflows for musculoskeletal healthcare providers, has raised $50M in Series B funding led by Bessemer Venture Partners with participation from SignalFire, Alumni Ventures, Streamlined Ventures, 186 Ventures, PROOF, Tribeca Venture Partners, and Offscript. Flagler Health was founded by Albert Katz, Leon Anijar, and Will Hu in 2022. The company has now raised a total of $63M in reported equity funding.
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Riven Systems – $7.9M
AIENTERPRISE
Riven Systems, an industrial chemistry startup building an AI-accelerated platform for critical minerals processing, has raised $7.9M in Pre-Seed funding led by Cerberus Ventures with participation from Scout Ventures, Alumni Ventures, Lightscape Partners, and CLAI, with New System Ventures as incubating investor. Riven Systems was founded by Chip Breitenkamp and Orion Cohen in 2025.
WashWise – $1.2M
WashWise, a clothing care company that offers fabric spray products designed to refresh garments between washes, has raised $1.2M in Pre-Seed funding from investors that include FJ Labs, Singh Capital, Alex Jekowsky, Jack Abraham, Brian Tate, Gigi Howard, Nina Farran, Mia Tonelli, Taylor James, and Brown Girl Angels. WashWise was founded by Maria Cabral Menezes in 2026.
AlleyWatch broke the news on this round exclusively.
