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The AlleyWatch Startup Daily Funding Report: 5/2/2024

AlleyWatch by AlleyWatch
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The latest venture capital, seed, pre-seed, and angel deals for NYC startups for 5/2/2024 featuring funding details for Monocle, Baselayer, and much more. This page will be updated throughout the day to reflect any new fundings.
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Monocle – $7.5M

Monocle, a personalized promotions platform for e-commerce businesses, has raised $7.5M in Seed funding led by F2 Capital. Monocle was founded by Noam Szpiro and Mark Lotman in 2022. AlleyWatch broke the news in an exclusive covering the round and much more – Monocle Raises $7.5M to Empower E-Commerce Businesses to Deliver Personalized Promotions to Customers”


Baselayer – $6.5M

Baselayer, an AI-powered business verification platform focused on securing onboarding and reducing fraud, has raised $6.5M in Seed funding from investors that include Founder Collective, Picus Capital, Afore Capital, Torch Capital, Gilgamesh Ventures, an d Eric Woodward. Baselayer was founded by Jonathan Awad and Timothy Hyde in 2023.


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Turbo – $3.5M

Turbo, a game engine and marketplace to speed up game development, has raised $3.5M in funding according to a recent SEC filing. The filing indicates that the round comes from eight investors. Turbo was founded by Josiah Savary and Julian Moncada in 2023.


WATS – $3.8M

WATS, a waste management operations platform, has raised $3.8M in funding according to a recent SEC filing. The filing indicates that the total offering is for $5.7M and this close comes from fifteen investors. Founded by Meredith Danberg-Ficarelli and Laura Rosenshine in 2021, WATS has now raised a total of $7M in reported equity funding.


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Tags: Afore CapitalBaselayerEric WoodwardFounder CollectiveGilgamesh VenturesJonathan AwadJosiah SavaryJulian MoncadaLaura RosenshineMark LotmanMeredith Danberg-FicarelliMonocleNoam SzpiroPicus CapitalTimothy HydeTorch CapitalTurboWATS
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