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The AlleyWatch Startup Daily Funding Report: 3/21/2024

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The latest venture capital, seed, pre-seed, and angel deals for NYC startups for 3/21/2024 featuring funding details for Coast, Kemet Trading, and much more. This page will be updated throughout the day to reflect any new fundings.


Coast – $25M

Coast, a digital financial services and expense management platform for transportation fleet operators, has raised $25M in Venture funding from investors that include Accel, Insight Partners, BoxGroup, Better Tomorrow Ventures, Avid Ventures, and Vesey Ventures. Founded by Daniel Simon in 2020, Coast has now raised a total of $58.5M in reported equity funding.


Kemet Trading – $5M

Kemet Trading, a digital assets derivatives trading platform, has raised $5M in Venture funding led by Further Ventures. Founded by Ash Ashmawy in 2022, Kemet Trading has now raised a total of $5M in reported equity funding.


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Conduce Health – $3M

Conduce Health, a value-based care healthcare marketplace, has raised $3M in Seed funding from investors that include Connecticut Innovations, City Light Capital, and AlleyCorp. Conduce Health was founded by Dr. Najib Rai and Eric Rosow in 2023.


Ren – $3.25M

Ren, a news monitoring platform for executives and business leaders, has raised $3.25M in funding according to a recent SEC filing. The filing indicates that the total offering is for $3.5M and this close comes from fifteen investors. Founded by Canay Deniz and Lionel Hertig in 2019, Ren has now raised a total of $8.55< in reported equity funding.


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Recruit.U – $1.745M

Recruit.U, a management platform for finance job seekers, has raised $1.745M in funding according to a recent SEC filing. The filing indicates that the total offering is for $2M and this close comes from nine investors. Recruit.U was founded by Wesley Farley and Brooks Gammill in 2023.


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Tags: AccelAlleyCorpAsh AshmawyAvid VenturesBetter Tomorrow VenturesBoxGroupBrooks GammillCanay DenizCity Light CapitalCoastConduce HealthConnecticut InnovationsDaniel SimonDr. Najib RaiEric RosowFurther VenturesInsight PartnersKemet TradingLionel HertigRecruit.URenVesey VenturesWesley Farley
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