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 week ending 5/4 including the NYC startup fundings, NYC startup exits, and NYC startup events featuring news for BAXUS, Edia Learning, The Rounds, and much, much more.
Arbol – $60M
Arbol, a parametric insurance platform that insures against weather risk, has raised $60M in Series B funding from investors that include 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.
beehiiv – $33M
beehiiv, the newsletter infrastructure publishing platform, has raised $33M in Series B funding from investors that include led by New Enterprise Associates. Founded by Benjamin Hargett, Jacob Hurd, and Tyler Denk in 2021, beehiiv has now raised a total of $49.7M in reported equity funding. AlleyWatch first flagged the SEC filing for this round last week.
The Rounds – $18.3M
The Rounds, a sustainable commerce platform that delivers household essentials with no packaging waste, has raised $18.3M in funding according to a recent SEC filing funding from investors that include . The filing indicates that the round comes from eleven investors. Founded by Alexander Torrey and Byungwoo Ko in 2019, The Rounds has now raised a total of $60.3M in reported equity funding.
Trovo Health – $15M
Trovo Health, an AI-powered medical assistant that allows physicians to extend their practice offerings by incorporating multi-disciplinary care teams, has raised $15M in Seed funding from investors that include led by Oak HC/FT. Trovo Health was founded by Aditya Pandyaram and Niren Gandra in 2024.
The AlleyWatch audience is driving progress and innovation on a global scale. There are a number of options to reach this audience of the world’s most innovative organizations and startups at scale including strategic brand placement, lead generation, and thought leadership in front of an audience that comprises the vast majority of key decision-makers in the NYC business community and beyond. Learn more about advertising to NYC Tech, at scale.
Edia Learning – $9.4M
Edia Learning, an edtech platform focused on math that guarantees improved state test outcomes, has raised $9.4M in Series A funding from investors that include led by Felicis. Edia Learning was founded by Joe Phileo in 2020.
FindMine – $8.9M
FindMine, an AI-powered platform for driving ecommerce for fashion brands, has raised $8.9M in Series A funding from investors that include 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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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.
BAXUS – $5M
BAXUS, a Web3 marketplace for buying and trading wine and spirits with provenance, has raised $5M in Seed funding led by Multicoin Capital. BAXUS was founded by Tzvi Wiesel in 2021.
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Teleskope – $5M
Teleskope, a data protection and redaction platform, has raised $5M in Seed funding from investors that include led by Primary Venture Partners. Founded by Elizabeth Nammour and Julie Trias in 2022, Teleskope has now raised a total of $7.2M in reported equity funding.
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.
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.
Aktivate – $1M
Aktivate, a scholastic sports management platform, has raised $1M in funding according to a recent SEC filing funding from investors that include . The filing indicates that the total offering is for $2M and this close comes from thirteen investors. Founded by Dhruv Singh and Hesky Kutscher in 2020, Aktivate has now raised a total of $15.2M in reported equity funding.
Bask Health – $760K
Bask Health, a telehealth infrastructure platform, has raised $760K in funding according to a recent SEC filing funding from investors that include . The filing indicates that the total offering is for $1M and this close comes from ten investors. Bask Health was founded by Zachary Dorf and Elias Dorf in 2021.
The AlleyWatch audience is driving progress and innovation on a global scale. There are a number of options to reach this audience of the world’s most innovative organizations and startups at scale including strategic brand placement, lead generation, and thought leadership in front of an audience that comprises the vast majority of key decision-makers in the NYC business community and beyond. Learn more about advertising to NYC Tech, at scale.
