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 10/24/26 including the NYC startup fundings, NYC startup exits, and NYC startup events featuring news for Whop, Daytona, Coast, and much, much more.
Whop – $200M Series D
E-CommerceCreator Economy
Whop, a digital marketplace platform that helps entrepreneurs build and run online businesses, has raised $200M in Series D funding led by Sequoia Capital and Shopify Ventures. Founded by Steven Schwartz, Cameron Zoub, and Jack Sharkey in 2021, Whop has now raised a total of $478M in reported equity funding.
Daytona – $60M Series B
AI
Daytona, a cloud infrastructure platform that provides secure sandboxes for running AI agents and AI-generated code, has raised $60M in Series B funding led by FirstMark Capital with participation from Patrick Collison, Adam D’Angelo, Brendan Foody, Tobi Lutke, Olivier Pomel, Aravind Srinivas, Eric Yuan, Alumni Ventures, Evergreen Fund, Okta Ventures, Qualcomm Ventures, Samsung Next, Torch Capital, Pace Capital, Upfront Ventures, and E2VC. Founded by Ivan Burazin, Goran Draganic, and Vedran Jukic in 2023, Daytona has now raised a total of $91M in reported equity funding.
Coast – $35M Venture
FinTech
Coast, a financial platform that provides corporate cards, expense management, and bill pay for construction, HVAC, plumbing, electrical, transportation, and utility businesses, has raised $35M in Venture funding led by Thomvest Ventures with participation from Intuit Ventures, Small World Capital, Alpha Square Group, ICONIQ Growth, Accel, Insight Partners, Better Tomorrow Ventures, Avid Ventures, Vintage Investment Partners, Colle Capital, Synchrony, RXR, and The Fintech Fund. Founded by Daniel Simon in 2020, Coast has now raised a total of $98.5M in reported equity funding.
Qualitate – $25M Series A
AI
Qualitate, an AI platform that runs expert and buyer interviews and turns them into structured research, has raised $25M in Series A funding led by Insight Partners with participation from IA Ventures and Crew Capital. Founded by Sagar Kadakia in 2024, Qualitate has now raised a total of $32M in reported equity funding.
SummitPoint OS is the operating system for venture, guided by Frank. Hand him the work.
Venture runs on databases you search and spreadsheets you maintain. SummitPoint OS is one workspace for founders, investors and Industry Partners, and Frank, SummitPoint’s agentic AI analyst, does the work: builds the investor pipeline and writes the briefing on every name, screens the inbound deal against your thesis, watches every founder in your program, and shows you what he did.
Prism Data – $20M Series A
FinTech
Prism Data, a cash flow analytics platform that provides automated credit risk underwriting for lenders using consumer bank transaction data, has raised $20M in Series A funding led by Story Ventures with participation from FINTOP Capital, Core Innovation Capital, Obvious Ventures, 1st & Main Growth Partners, and Mana Ventures. Founded by Jason Rosen in 2016, Prism Data has now raised a total of $25M in reported equity funding.
Mural – $15M Series A
FinTech
Mural, a financial infrastructure platform that lets fintechs and businesses move, store, and manage money across stablecoins and fiat currencies, has raised $15M in Series A funding led by Tether with participation from North Island Ventures. Founded by Sinclair Toffa and Chris Fernandes in 2022, Mural has now raised a total of $28M in reported equity funding.
AlleyWatch broke the news on this round exclusively.
CarbonAI – $12M Venture
AIPropTech
CarbonAI, an agentic AI platform that automates underwriting, due diligence, and loan monitoring for commercial real estate lenders, has raised $12M in Venture funding led by Cowboy Ventures with participation from Timber Grove Ventures, Bling Capital, and Max Ventures. CarbonAI was founded by Jeff Saul and Josh Kaufman in 2025.
Asymptote Labs – $5.5M Seed
AICybersecurity
Asymptote Labs, a security platform that detects and stops threats from AI coding agents, has raised $5.5M in Seed funding led by Tower Research Ventures with participation from Lytical Ventures, 1984 Ventures, South Park Commons, Kevin Tian, Rahul Madduluri, and Feross Aboukhadijeh. Asymptote Labs was founded by Justin D’Souza and Shukan Shah in 2025.
AlleyWatch broke the news on this round exclusively.
Pennant AI – $5M Seed
AI
Pennant AI, an AI platform that automates corporate governance research and proxy voting for institutional investors, has raised $5M in Seed funding led by Urban Innovation Fund with participation from Y Combinator. Pennant AI was founded by Ryan Nowicki Stewart and Tomas Taylor in 2026.
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Arkaea Media Group – $4.1M
Media
Arkaea Media Group, a B2B media company that publishes news and events coverage for the space, defense, nuclear energy, and biotech industries, has raised $4.1M in funding according to a recent SEC filing. The filing indicates that there were forty-six investors in this round. Founded by Mohammed Islam and Ari Lewis in 2021, Arkaea Media Group has now raised a total of $6.2M in reported equity funding.
Trace – $3M Seed
E-CommerceFashion
Trace, a presale marketplace that lets shoppers list fashion items before buying them so others can rent or buy, has raised $3M in Seed funding led by Serena Ventures with participation from SHAKTI. Trace was founded by Katie Pfleger and Ella Rubin in 2025.
Juice Reel – $2.5M
SportsTech
Juice Reel, a sports betting tracking app and marketplace that verifies and ranks bettors’ picks, has raised $2.5M in funding according to a recent SEC filing. The filing indicates that there were seventeen investors in this round. Juice Reel was founded by Ricky Gold in 2019.
Ritually – $1.25M
AIEnterprise
Ritually, an enterprise AI company that automates back-office workflows, has raised $1.25M in funding according to a recent SEC filing. The filing indicates that the total offering is for $1.5M and there were fourteen investors in this close. Ritually was founded by Ari Winkleman.
