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The AlleyWatch NYC Startup Daily Funding Report: 2/16/18

AlleyWatch by AlleyWatch
The AlleyWatch NYC Startup Daily Funding Report: 2/16/18
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Here are the latest venture capital, seed, and angel deals for NYC startups for 2/16/18. This page will be updated throughout the day to reflect any new fundings.

DailyPay — $9M – Series B

DailyPay, the platform for employes to provide flexible payments to workers, has raised $9M in Series B funding from investors that include Frontier Venture Capital, RPM Ventures, Inspiration Ventures, and Intercept Ventures. Founded by Jason Lee and Robert Law in 2015, DailyPay has now raised a total of $15.5M in funding over three rounds.

Harry's — $112M

Consumer shaving subscription startup Harry’s has raised $112M in funding in a round that includes Temasek Holdings and Alliance Consumer Growth as anchor investors. Founded by Andy Katz-Mayfield and Jeffrey Raider in 2011, Harry’s has now raised a total of $474.6M in total funding over nine funding rounds. We previously reported that the company had raised $63M in the fall. This appears to be an extension of that round.

Transparency Life Sciences — $5M – Series A

Transparency Life Sciences, the clinical development service company that uses crowdsourcing for drug development, has raised $5M in Series A funding from investors that include New Ventures III. This is the first reported round of funding for the company founded by Marc Foster and Tomasz Sablinski in 2012.

Alpha — $8.25M

According to a recent SEC filing, Alpha, the UX testing platform founded by Michael Bamberger, Nis Frome, and Thor Ernstsson in 2014, has raised $8.25M in additional funding. Investors in previous rounds include Crosslink Capital, Transmedia Capital, Spider Capital, Philippe Suchet, and Cendana Capital. This brings the total funding for Alpha to $12.825M over four funding rounds.

Tags: Alliance Consumer GrowthAlphaAndy Katz-MayfieldCendana CapitalCrosslink CapitalDailyPayFrontier Venture CapitalHarry'sInspiration VenturesIntercept VenturesJason LeeJeffrey RaiderMarc FosterMichael BambergerNew Ventures IIINis FromePhilippe SuchetRobert LawRPM VenturesSpider CapitalTemasek HoldingsThor ErnstssonTomasz SablinskiTransmedia CapitalTransparency Life Sciences
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