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The AlleyWatch Startup Daily Funding Report: 11/2/2023

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The latest venture capital, seed, pre-seed, and angel deals for NYC startups for 11/2/2023 featuring funding details for Charm, 1up, and much more. This page will be updated throughout the day to reflect any new fundings.


Charm – $6M

Charm, a developer tool startup that’s focused on making the command line more useful, has raised $6M in Venture funding from investors that include Gradient Ventures, Cavalry Ventures, Fuel Capital, and Firestreak. Founded by Christian Rocha and Toby Padilla in 2019, Charm has now raised a total of $9.5M in reported equity funding.


1up – $2.5M

1up, a knowledge automation platform, has raised $2.5M in Venture funding from investors that include Alumni Ventures, RRE Ventures, 8-Bit Capital, Andrew Peterson, Natalie Diggins, Aviso Ventures, Italmobiliare SpA, Samuel Clemens, and Nick Galbreath. Founded by George Avetisov in 2021, 1up has now raised a total of $4.5M in reported equity funding.


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ProJenX – $15M

ProJenX, a biotech startup focused on developing treatments for amyotrophic lateral sclerosis (ALS) and other debilitating brain diseases, has raised $15M in Series A funding led by Medical Excellence Capital. Founded by Erin Fleming in 2021, ProJenX has now raised a total of $20.1M in reported equity funding.


Justworks – $16.8M

Justworks, the payroll and HR management platform for businesses, has raised $16.8M in funding according to a recent SEC filing. The filing indicates that the round comes from nineteen investors. Founded by Iris Ramos, Isaac Oates in 2012, Justworks has now raised a total of $159.8M in reported equity funding.


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ESG Flo – $5.25M

ESG Flo, an AI-powered data infrastructure platform for sustainability teams, has raised $5.25M in Seed funding from investors that include Contour Venture Partners, Rho Capital Partners, Tola Capital, and Bain & Company. ESG Flo was founded by Sandeep Chand and Patrick Obeid in 2022.


Tags: 1up8-Bit CapitalAlumni VenturesAndrew PetersonAviso VenturesBain & CompanyCavalry VenturesCharmChristian RochaContour Venture PartnersErin FlemingESG FloFirestreakFuel CapitalGeorge AvetisovGradient VenturesIris RamosIsaac OatesItalmobiliare SpAJustworksMedical Excellence CapitalNatalie DigginsNick GalbreathPatrick ObeidProJenXRho Capital PartnersRRE VenturesSamuel ClemensSandeep ChandToby PadillaTola Capital
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