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 holiday-shortened week ending 11/25 including the NYC startup fundings, NYC startup exits, and NYC startup events featuring news for Scalestack, Qortex, and much, much more.
Privy – $18M
Privy, a provider of embedded wallets, has raised $18M in Series A funding led by Paradigm. Founded by Asta Li and Henri Stern in 2021, Privy has now raised a total of $26.3M in reported equity funding.
Vendelux – $14M
Vendelux, an intelligence platform for live events, has raised $14M in Series A funding led by FirstMark. Founded by Alex Reynolds and Stefan Deeran in 2021, Vendelux has now raised a total of $17.1M in reported equity funding.
Qortex – $10M
Qortex, a video analytics and adtech platform, has raised $10M in Venture funding led by GFT Ventures. Founded by Zack Rosenberg and James Altschuler in 2020, Qortex has now raised a total of $10.6M in reported equity funding.
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Medmo – $9M
Medmo, a marketplace for affordable medical imaging services, has raised $9M in Venture funding led by Lerer Hippeau. Medmo was founded by Christopher Kelly and Lucas Takahashi in 2017. AlleyWatch broke the news in an exclusive covering the round and much more – Medmo Raises $9M to Make Medical Imaging Services Accessible to the Masses
Branch Care – $5.7M
Branch Care, a platform focused on expanding access to fertility care, has raised $5.7M in funding according to a recent SEC filing. The filing indicates that the round comes from five investors. Branch Care was founded by Jason Gomez in 2023.
Glencoco – $3M
Glencoco, a marketplace for business development professionals to generate leads for B2B businesses, has raised $3M in Venture funding from investors that include Felicis, Soma Capital, Liquid 2 Ventures, Crossbeam Venture Partners, Gold House Ventures, and Browder Capital. Glencoco was founded by Ingwon Chae, Javier Carrillo, and Jason Bao in 2022. AlleyWatch broke the news in an exclusive covering the round and much more – Glencoco Raises $3M for its B2B Marketplace Where Companies Pay Business Development Professionals for Booked Meetings
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Toolbox – $1.6M
Toolbox, a finance management platform for construction, maintenance, and repair contractors, has raised $1.6M in funding according to a recent SEC filing. The filing indicates that the round comes from four investors. Founded by Jose Pons Vega and Wil Eyi in 2019, Toolbox has now raised a total of $9.9M in reported equity funding.
Scalestack – $1M
Scalestack, an AI-powered data enrichment platform for sales teams, has raised $1M in Venture funding from investors that include Forum Ventures, Flyer One Ventures, Ripple Ventures, and Founders Network Fund. Scalestack was founded by Alessandro Prioni and Elio Narciso in 2021.
