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The AlleyWatch Startup Daily Funding Report: 5/1/2024

AlleyWatch by AlleyWatch
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The latest venture capital, seed, pre-seed, and angel deals for NYC startups for 5/1/2024 featuring funding details for BAXUS, FindMine, and much more. This page will be updated throughout the day to reflect any new fundings.


BAXUS – $5M

BAXUS, a Web-3 marketplace for buying and trading wine and spirits, has raised $5M in Seed funding led by Multicoin Capital. BAXUS was founded by Tzvi Wiesel in 2021.


FindMine – $8.9M

FindMine, an AI-powered platform for driving ecommerce for fashion brands, has raised $8.9M in Series A funding led by Grayhawk Capital. Founded by Konstantin Itskov and Michelle Bacharach in 2016, FindMine has now raised a total of $10.7M in reported equity funding.


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Arbol – $60M

Arbol, a parametric insurance platform that insures against weather risk, has raised $60M in Series B funding led by Opera Tech Ventures and Giant Ventures. Founded by Ben Andre, Osho Jha, Philippe Heilberg, and Siddhartha Jha in 2018, Arbol has now raised a total of $69M in reported equity funding.


Trovo Health – $15M

Trovo Health, an AI-powered medical assistant that allows physicians to extend their practice offerings by incorporating multidisciplinary care teams, has raised $15M in Seed funding led by Oak HC/FT. Trovo Health was founded by Aditya Pandyaram and Niren Gandra in 2024.


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Tags: Aditya PandyaramArbolBAXUSBen AndreFINDMINEGiant VenturesGrayhawk CapitalKonstantin ItskovMichelle BacharachMulticoin CapitalNiren GandraOak HC/FTOpera Tech VenturesOsho JhaPhilippe HeilbergSiddhartha JhaTrovo HealthTzvi Wiesel
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