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The AlleyWatch Startup Daily Funding Report: 7/20/2026

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The latest venture capital, seed, pre-seed, and angel deals for NYC startups for 7/20/2026 featuring funding details for Pascal, KelAI, and much more. This page will be updated throughout the day to reflect any new fundings.

Pascal Raises $9M

FINTECH

Pascal, a prediction market exchange that lets professional traders and institutions trade on the outcomes of future events, has raised $9M in Series A funding led by Union Square Ventures. Founded by Ivo Crnkovic-Rubsamen and Matthew Downey in 2025, Pascal has now raised a total of $15M in reported equity funding.

AlleyWatch first flagged this round back in January when the company’s SEC filing surfaced in our daily coverage – The AlleyWatch Startup Daily Funding Report: 1/21/2026

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KelAI Raises $4.98M

AI

KelAI, an AI research platform that finds and tests trading strategies for hedge funds and institutional investors, has raised $4.98M in funding according to a recent SEC filing. The filing indicates that there were fourteen investors in this round. KelAI was founded by Jeremie Cohen in 2024.

Reve Technologies Raises $2.1M

STEALTH

Reve Technologies, a stealth-mode startup that has not yet disclosed its product, has raised $2.1M in funding according to a recent SEC filing. The filing indicates that there were three investors in this round. Reve Technologies was founded by Eytan Schindelhaim in 2026.

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Tags: Eytan SchindelhaimIvo Crnkovic RubsamenJeremie CohenKelAIMatthew DowneyPascalReve TechnologiesUnion Square Ventures
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