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The AlleyWatch Startup Daily Funding Report: 7/13/2026

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The latest venture capital, seed, pre-seed, and angel deals for NYC startups for 7/13/2026 featuring funding details for Gauntlet, Vendelux, Section, and much more. This page will be updated throughout the day to reflect any new fundings.

Gauntlet – $125M

FINTECH

Gauntlet, a quantitative risk management and yield optimization platform that helps financial institutions and DeFi protocols allocate and manage digital assets on-chain, has raised $125M in Series C funding led by SBI Group. Founded by Tarun Chitra, Rei Chiang, and John Morrow in 2018, Gauntlet has now raised a total of $169.8M in reported equity funding.


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Vendelux – $50M

ENTERPRISE

Vendelux, an AI-powered event intelligence platform that helps B2B marketers identify, evaluate, and measure in-person events across a database of over 250,000 global conferences and trade shows, has raised $50M in Series B funding led by Tribeca Venture Partners with participation from S3, Pelion Ventures, HubSpot Ventures, FirstMark, and Cervin Ventures. Founded by Alex Reynolds and Stefan Deeran in 2021, Vendelux has now raised a total of $71M in reported equity funding.

Section – $3.15M

EDTECH

Section, an enterprise AI training and adoption platform that helps organizations turn AI investments into measurable workforce behavior change through coaching, certification, and strategic planning, has raised $3.15M in funding according to a recent SEC filing. The filing indicates that the total offering is for $10M and there were six investors in this close. Section was founded by Scott Galloway in 2019.


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Tags: Alex ReynoldsGauntletJohn MorrowRei ChiangSBI GroupScott GallowaySectionStefan DeeranTarun ChitraTribeca Venture PartnersVendelux
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