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 9/27 including the NYC startup fundings, NYC startup exits, and NYC startup events featuring news for Capital Rx, Quantbase, Earthmover, Cloudburst Technologies, and much, much more.
Capital Rx – $252M Series F
Healthcare • Pharmacy Benefits
Capital Rx, the full-service pharmacy and health benefits management platform, has raised $252M in Series F funding led by Wellington Management and General Catalyst. Founded by AJ Loiacono, Joseph Alexander, and Ryan Kelly in 2017, Capital Rx has now raised a total of $601M in reported equity funding. The company also announced it is rebranding itself to Judi Health.
Quantbase – $26.8M
Fintech • Investing
Quantbase, a platform that makes data-driven investing accessible with various portfolio types, has raised $26.8M in funding according to a recent SEC filing. The filing indicates that there were fifty-six investors in the round. Founded by Allen Calderwood, Som Mohapatra, and Thomas Stewart in 2021, Quantbase has now raised a total of $26.8M in reported equity funding.
ProofPilot – $7.7M
Healthcare • Clinical Trials
ProofPilot, an end-to-end platform for the patient experience aspect of clinical trial management, has raised $7.7M in funding according to a recent SEC filing. The filing indicates that there were eighteen investors in the round. Founded by Lochlan McHale and Matthew Amsden in 2014, ProofPilot has now raised a total of $23.4M in reported equity funding.
Earthmover – $7.2M Seed
Climate Tech • Data Platform
Earthmover, a cloud-native tensor data platform for those working with weather, climate and geospatial data, has raised $7.2M in Seed funding led by Lowercarbon Capital. Founded in 2022, Earthmover has now raised a total of $15M in reported equity funding.
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Cloudburst Technologies – $7M Series A
Crypto • Intelligence
Cloudburst Technologies, an offchain crypto intelligence platform, has raised $7M in Series A funding led by Borderless Capital. Founded by Evan Kohlmann in 2022, Cloudburst Technologies has now raised a total of $11M in reported equity funding.
Syllo – $5.75M
Legal Tech • AI
Syllo, an AI-powered litigation workspace for attorneys, has raised $5.75M in funding according to a recent SEC filing. The filing indicates that the round comes from two investors. Founded by Jeffrey Chivers and Theodore Rostow in 2019, Syllo has now raised a total of $15.5M in reported equity funding.
Catena Clearing – $5M Seed
Logistics • Data Infrastructure
Catena Clearing, an API-based data infrastructure platform for the freight and logistics industry, has raised $5M in Seed funding led by Floating Point. Founded by Jeremy Baksht, Mike Goynes, and Travis May in 2024, Catena Clearing has now raised a total of $8M in reported equity funding.
Unit 221B – $5M Seed
Cybersecurity • Threat Intelligence
Unit 221B, a cybersecurity threat intelligence platform, has raised $5M in Seed funding led by J2 Ventures. Founded by Lance James in 2015, Unit 221B has now raised a total of $5M in reported equity funding.
VYLIT – $2.7M Seed
Creator Economy • Social Platform
VYLIT, an adult-friendly creator monetization platform, has raised $2.7M in Seed funding led by Windmill Chain Fund. Founded by Ami Gan and Kailey Magder in 2025, VYLIT has now raised a total of $2.7M in reported equity funding. AlleyWatch broke the news in an exclusive covering the round and much more – Vylit Raises $2.7M for its AI-Powered Creator Monetization Platform
