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The AlleyWatch Startup Daily Funding Report: 5/13/2024

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The latest venture capital, seed, pre-seed, and angel deals for NYC startups for 5/13/2024 featuring funding details for ByHeart, Pepper, and much more. This page will be updated throughout the day to reflect any new fundings.


ByHeart – $95M

ByHeart, the vertically integrated infant nutrition company, has raised $95M in Venture funding from investors that include Gaingels, Polaris Partners, D1 Capital Partners, AF Ventures, Red Sea Ventures, Two River, OCV, and Bellco Capital. Founded by Mia Funt and Ron Belldegrun in 2016, ByHeart has now raised a total of $395M in reported equity funding.


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Pepper – $30M

Pepper, a SaaS platform for independent foodservice distributors, has raised $30M in Series B funding from investors that include Index Ventures, Greylock, ICONIQ Growth, Harmony Partners, and Imaginary Ventures. Founded by Bowie Cheung, Chetan Narain, and Ivana Tesanovic in 2019, Pepper has now raised a total of $46M in reported equity funding.


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Tags: AF VenturesBellco CapitalBowie CheungByHeartChetan NarainD1 Capital PartnersGaingelsGreylockHarmony PartnersICONIQ GrowthImaginary VenturesIndex VenturesIvana TesanovicMia FuntOCVPepperPolaris Partnersred sea venturesRon BelldegrunTwo River
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