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The AlleyWatch Startup Daily Funding Report: 10/21/2026

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The latest venture capital, seed, pre-seed, and angel deals for NYC startups for 10/21/2026 featuring funding details for Whop, Qualitate, and much more. This page will be updated throughout the day to reflect any new fundings.


Whop – $200M

Whop, a digital marketplace platform that helps entrepreneurs build and run online businesses, has raised $200M in Series D funding led by Sequoia Capital and Shopify Ventures. Founded by Steven Schwartz, Cameron Zoub, and Jack Sharkey in 2021, Whop has now raised a total of $478M in reported equity funding.


Qualitate – $25M

AI

Qualitate, an AI platform that runs expert and buyer interviews and turns them into structured research, has raised $25M in Series A funding led by Insight Partners with participation from IA Ventures and Crew Capital. Founded by Sagar Kadakia in 2024, Qualitate has now raised a total of $32M in reported equity funding.


Asymptote Labs Raises $5.5M to Show Security Teams What Their AI Agents Are Doing

Asymptote Labs – $5.5M

AI Cybersecurity

Asymptote Labs, a security platform that detects and stops threats from AI coding agents, has raised $5.5M in Seed funding led by Tower Research Ventures with participation from Lytical Ventures, 1984 Ventures, South Park Commons, Kevin Tian, Rahul Madduluri, and Feross Aboukhadijeh. Asymptote Labs was founded by Justin D’Souza and Shukan Shah in 2025.

AlleyWatch broke the news in an exclusive covering the round and much more – Asymptote Labs Raises $5.5M to Show Security Teams What Their AI Agents Are Doing


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Ritually – $1.25M

AI Enterprise

Ritually, an enterprise AI company that automates back-office workflows, has raised $1.25M in funding according to a recent SEC filing. The filing indicates that the total offering is for $1.5M and there were fourteen investors in this close. Ritually was founded by Ari Winkleman.


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Tags: 1984 VenturesAri WinklemanAsymptote LabsCameron ZoubCrew CapitalFeross AboukhadijehIA VenturesInsight PartnersJack SharkeyJustin D'SouzaKevin TianLytical VenturesQualitateRahul MadduluriRituallySagar KadakiaSequoia CapitalShopify VenturesShukan ShahSouth Park CommonsSteven SchwartzTower Research VenturesWhop
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Asymptote Labs Raises $5.5M to Show Security Teams What Their AI Agents Are Doing

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