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 8/3 including the NYC startup fundings, NYC startup exits, and NYC startup events featuring news for Icebreaker, Wallaroo, and much, much more.
Altana – $200M
Altana, an AI-powered supply chain management platform, has raised $200M in Series C funding led by US Innovative Technology Fund. Founded by Evan Smith, Peter Swartz, and Raphael Tehranian in 2018, Altana has now raised a total of $322M in reported equity funding.
Bilt Rewards – $150M
Bilt Rewards, the credit card loyalty platform that allows you to earn rewards for rental payments, has raised $150M in Venture funding led by Teachers’ Venture Growth. Founded by Ankur Jain in 2021, Bilt Rewards has now raised a total of $710.8M in reported equity funding.
Spring Health – $100M
Spring Health, the mental health platform for employers and health plans, has raised $100M in Series E funding led by Generation Investment Management. Founded by Abhishek Chandra, Adam Chekroud, and April Koh in 2016, Spring Health has now raised a total of $466.5M in reported equity funding. The reported post-money valuation for Spring Health is now $3.3B.
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.
Perchwell – $25M
Perchwell, a data and workflow platform for residential real estate, has raised $25M in Series B funding led by Lux Capital. Founded by Brendan Fairbanks in 2015, Perchwell has now raised a total of $40M in reported equity funding.
Paces – $11M
Paces, a data platform focused on accelerating siting and due diligence for renewable energy projects, has raised $11M in Series A funding led by Navitas Capital. Founded by Charles Bai and James McWalter in 2022, Paces has now raised a total of $13.8M in reported equity funding.
Icebreaker – $5M
Icebreaker, an open professional networking platform, has raised $5M in Seed funding led by CoinFund. Icebreaker was founded by Dan Stone and Jack Dille in 2023.
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ProofPilot – $4.725M
ProofPilot, an automation platform for clinical research protocols, has raised $4.725M in funding according to a recent SEC filing funding from investors that include The filing indicates that the round comes from eighteen investors. Founded by Lochlan McHale and Matthew Amsden in 2014, ProofPilot has now raised a total of $20.425M in reported equity funding.
Adelaide – $1.2M
Adelaide, an attention measurement platform for media and advertising, has raised $1.2M in funding according to a recent SEC filing. The filing indicates that the total offering is for $3M and there were eighteen investors in this close. Founded by Diane deCordova and Marc Guldimann in 2019, Adelaide has now raised a total of $13.6M in reported equity funding.
Wallaroo – $1.1M
Wallaroo, an enterprise ML and AI platform, has raised $1.1M in funding according to a recent SEC filing. The filing indicates that the transaction is structured as a convertible note, there were ten investors in the close, and the total offering is for $3M. Founded by Vid Jain in 2014, Wallaroo has now raised a total of $32.9M 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.
