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Home AlleyTalk #NYCTech

#NYCtech Week in Review: 4/22/18 – 4/28/18

AlleyWatch by AlleyWatch
#NYCtech Week in Review: 4/22/18 – 4/28/18
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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 a few of things that you may have missed in NYC Tech News this week including the fundings, exits, and events.

CLICK HERE TO SEE WHAT HAPPENED IN NYC TECH LAST WEEK


Have notable company news that you would like included in The NYC Tech Week in Review? Send all pertinent details to WIR@alleywatch.com.

 


JUMP Bikes, which announced last week that it was acquired by Uber, has raised $18.2M in funding according to a recent SEC filing. The filing lists 24 parties as investors in the round. Founded by Ryan Rzepecki in 2010 as Social Bicycles, JUMP Bikes had raised a total of $13.8M in reported equity funding prior to this round.

 


KIDBOX, the personalized shopping platform for children’s clothing, has raised $15.3M in Series B funding from investors that include Canvas Ventures, Firstime Venture Capital, HDS Capital, and Fred Langhammer. Founded by Haim Dabah and Miki Racine Berardelli in 2015, KIDBOX has now raised a total of $28.3M in funding over three funding rounds.

Read the our full coverage – This NYC Startup Raised $15.3M to Make Shopping For Your Kids Exciting


Our friends at Entrepreneurs Roundtable held their demo day this week for their latest cohort.

Read our full coverage here – The 11 NYC Startups That Hit the Stage at ERA Demo Day

 


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Templum, the regulatory solution for ICOs, has raised $10M in funding from investors that include SBI Group and Raptor Group. Founded by Christopher Pallotta in 2017, Templum has now raised a total of $12.7M over two rounds.

 


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Mohawk Group, the technology company focused on the intersection of AI and E-Commerce, has raised $26.3M in funding according to a recent SEC filing. Founded by Asher Delug, Maximus Yaney, and Yaniv Sarig in 2014, the company has now raised a total of $71.73M in funding.

 


Gebni, that provides dynamic pricing to restaurants based on demand, has raised $150K in funding according to a recent SEC filing. Founded by Ali Dahmani, Mohamed Merzouk, and Sid Merzouk in 2016, Gebni previously raised $250K in funding in 2016.

 


Extend Enterprises, the virtual credit card platform to manage employee expenses, has raised $3.3M in Seed funding from investors that include Plug and Play, WorldQuant Ventures LLC, Point72 Ventures, and Reciprocal Ventures. This is the first reported round of funding for the company founded by Andrew Jamison, Danny Morrow, and Guillaume Bouvard in 2017.

 


Rocketrip, the rewards platforms that incentivizes employees to look for deals in corporate travel by sharing a portion of the savings, has raised $15M in Series C funding from investors that include Bessemer Venture Partners, GV, and Canaan Partners. Founded by Daniel Ruch and Gillian Tee in 2013, Rocketrip has now raised a total of $32.2M in funding,

Read our full coverage here – This NYC Startup Just Raised $15M To Reward Employees for Spending on Travel Wisely


According to a recent SEC filing, Jumprope, the platform for learning how to do various things online using how-to-guides, has raised $4M in seed funding. The filing lists 15 parties as participants in the round. Jumprope was founded by Jake Poses in the summer of 2017.

 


Catalyst Software, the customer success platform founded by Kevin Chiu and Edward Chiu in 2017, has raised $2.4M in Venture funding from investors that include Compound, Ludlow Ventures, and Phil Black.

 

Tags:  Gillian Tee Miki Racine Berardelli Mohamed Merzouk Sid MerzoukAli DahmaniAndrew JamisonBessemer Venture PartnersCanaan PartnersCanvas VenturesCatalyst SoftwareChristopher PallottaCompoundDaniel RuchDanny MorrowEdward ChiuExtend EnterprisesFirstime Venture CapitalFred LanghammerGebniGuillaume BouvardGVHaim DabahHDS CapitalJake PosesJUMP BikesJumpropeKevin ChiuKIDBOXLudlow VenturesMohawk GroupPhil BlackPlug and PlayPoint72 VenturesRaptor GroupReciprocal VenturesRocketripSBI GroupTemplumWorldQuant Ventures LLC
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