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Home AlleyTalk #NYCTech

#NYCtech Week in Review: 6/2/24 – 6/8/24

AlleyWatch by AlleyWatch
#NYCtech Week in Review: 6/2/24 – 6/8/24
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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 6/8 including the NYC startup fundings, NYC startup exits, and NYC startup events featuring news for Thoughtly, Fizz, Frich, and much, much more.


Mark43 – $40M

Mark43, the cloud public safety software platform for first responders to collect, analyze, manage, and share information, has raised $40M in funding according to a recent SEC filing. The filing indicates that the total offering is for $55M and there was eleven investors in this close. Founded by Flo Mayr, Matt Polega, and Scott Crouch in 2012, Mark43 has now raised a total of $268.8M in reported equity funding.


Sword Health – $30M

Sword Health, an AI-powered physical therapy care platform, has raised $30M in Venture funding led by Khosla Ventures.. Founded by Marcio Colunas and Virgilio Bento in 2015, Sword Health has now raised a total of $353.5M in reported equity funding.


HYPR – $30M

HYPR, an identity assurance, has raised $30M in Venture funding led by Silver Lake Waterman. Founded by Bojan Simic, George Avetisov, James Barcia, Roman Kadinsky in 2014, HYPR has now raised a total of $122.1M in reported equity funding.


POSH – $22M

POSH, a live event ticket and community platform, has raised $22M in funding according to a recent SEC filing. The filing indicates that this round comes from six investors. Founded by Avante Price and Eli Taylor-Lemire in 2019, POSH has now raised a total of $27M in reported equity funding.


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.


Sixfold AI – $15M

Sixfold AI, the generative AI platform for the insurance industry focused on underwriting, has raised $15M in Series A funding led by Salesforce Ventures. Founded by Alex Schmelkin, Brian Moseley, and Jane Tran in 2023, Sixfold AI has now raised a total of $21.5M in reported equity funding.


Fizz – $14.4M

Fizz, a debit card designed for Gen Z to help them build credit, has raised $14.4M in Seed funding led by Kleiner Perkins. Founded by Carlo Kobe, Moritz Pail, and Scott Smith in 2021, Fizz has now raised a total of $14.5M in reported equity funding.


Untuckit – $9M

Untuckit, the apparel brand specializing in casual, untucked shirts, has raised $9M in funding according to a recent SEC filing. The filing indicates that the total offering is for $20M and there were four investors in this close. Founded by Aaron Sanandres and Chris Riccobono in 2011, Untuckit has now raised a total of $39M in reported equity funding.


GigFinesse – $5.8M

GigFinesse, a booking platform that connects live music ventures with independent artists, has raised $5.8M in funding according to a recent SEC filing. The filing indicates that the total offering is for $6.2M and there were ten investors in this close. Founded by Mir Hwang and Ryan Kim in 2019, GigFinesse has now raised a total of $11M in reported equity funding.


August Schools – $5M

August Schools, a SaaS platform for school health and wellness practitioners, has raised $5M in funding according to a recent SEC filing. The filing indicates the round comes from a sole investor. Founded by Peter Russell and Aaron Hammond in 2021, August Schools has now raised a total of $11M in reported equity funding.


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Thoughtly – $3M

Thoughtly, an AI-powered call center platform, has raised $3M in Venture funding from investors that include Greycroft, Afore Capital, Expansion Venture Capital, Pioneer, Andrew Ofstad, Shift Left Ventures, Rico Mallozzi, and Ohio Angel Collective. Founded by Torrey Leonard and David Khaydatov in 2023, Thoughtly has now raised a total of $3.3M in reported equity funding.


Frich – $2.8M

Frich, a social finance app for Gen Z, has raised $2.8M in Seed funding led by Restive. Frich was founded by Aleksandra Medina and Katrin Kaurov in 2021.


Thread – $2.55M

Thread, an IT service collaboration platform, has raised $2.55M in funding according to a recent SEC filing. The filing indicates that the total offering is for $2.75M with this close coming from two investors. Founded by Markel Alayev, Matthew Linn in 2022, Thread has now raised a total of $6.55M in reported equity funding.


The Post – $1.9M

The Post, a private membership network for elite athletes, has raised $1.9M in funding according to a recent SEC filing. The filing indicates that the total offering is for $2.2M and there were twelve investors in this close. Founded by Christan Ponder, Jason LaRose in 2022, The Post has now raised a total of $6.1M in reported equity funding.


Pencil – $350K

Pencil, a modern 3D CAD design platform, has raised $350K in funding according to a recent SEC filing. The filing indicates that the total offering is for $1M and there were two investors in this close. Pencil was founded by Benjamin Tilley 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.


Tags: Aaron HammondAaron SanandresAfore CapitalAleksandra MedinaAlex SchmelkinAndrew OfstadAugust SchoolsAvante PriceBojan SimicBrian MoseleyCarlo KobeChris RiccobonoChristan PonderDavid KhaydatovEli Taylor-LemireExpansion Venture CapitalFizzFlo MayrFrichGeorge AvetisovGigFinesseGreycroftHyPRJames BarciaJane TranJason LaRoseKatrin KaurovKhosla VenturesKleiner PerkinsMarcio ColunasMark43Markel AlayevMatt PolegaMatthew LinnMir HwangMoritz PailOhio Angel CollectivePencilPeter RussellPioneerPOSHRestiveRico MallozziRoman KadinskyRyan KimSalesforce VenturesScott CrouchScott SmithShift Left VenturesSilver Lake WatermanSixfold AISWORD HealthThe PostThoughtlyThreadTorrey LeonardUntuckitVirgilio Bento
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