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Home AlleyTalk #NYCTech

#NYCtech Week in Review: 6/3/18-6/10/18

AlleyWatch by AlleyWatch
#NYCtech Week in Review: 6/3/18-6/10/18
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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.

 


Selected is the job matching platform for educators seeking teaching positions in hiring K-12 schools. With 500+ public and private schools on its platform, teachers can finish a job search in weeks instead of months. Founded by Luis Pazmino and Waine Tam in 2016, it raised $1.2M in Seed funding led by Propel Capital, with participation from investors including Kapor Capital.

 


According to a recent SEC filing, Dataminr, the real time information discovery company founded by Jeff Kinsey and Ted Bailey in 2009, has raised an additional $221M in funding. This brings the company’s total funding raised to over $400M over nine rounds. Backers of the company include Venrock, BoxGroup, Fabrice Grinda, IVP (Institutional Venture Partners), Credit Suisse, Wellington Management, Fidelity Investments, Jose Marin, SharesPost Investment Management, GSV Capital, Deep Fork Capital, Thomas Glocer, Nicolas Berggruen, WorldQuant Ventures LLC, EquityZen, Richmond Global Ventures, Vikram Pandit, John Mack, Noam Gottesman, Wharton Equity Partners, Viceroy Ventures, and Andreas Wuerfel.

 


According to a recent SEC filing, Parachute Health the online platform for ordering medical equipment founded by David Gelbard in 2015, has raised $9.5M in Series B funding. Backers of the company include GNYHA Ventures, Loeb Holding Corporation, Anthony Welters, and Fred Browne.

 


Cast, the software intelligence company, has raised $12.5M in funding from DevFactory, CM-CIC Investment, Keren Finance, and the Boston Consulting Group.  The company was founded in 1990 by Gerard Karsenti and Vincent Delaroche.

 


 

Obligo, the startup that is eliminating the need for security deposits, has raised $5M in Seed funding led by 83North. The company was founded by brothers Omri Dor and Roey Dor last year.

 


Mulberry Platform, the recently founded startup that’s focused on allowing merchants to easily offer transactional insurance starting with extended warranties, has raised $2.75M in funding according to a recent SEC filing. The company is founded by Zibby cofounder Chinedu Elanya, Ali Chaudry, and Lee Johnson. The filing indicates that 19 parties participated in the round.

 


Organic baked goods startup Soozy’s has raised $2.5M in Seed funding from investors that include AccelFoods and Bigr Ventures. The company was founded by Mason Sexton and Susan Chen in 2016.

 


Ride-sharing app Gett has raised an additional $80M in a Venture round from Volkswagen Group. Founded in 2010 by Dave Waiser and Roi More, Gett has now raised a total of $593M in equity funding over 8 funding rounds.

 


The Padcaster, an iPad case that allows for the creation of a mobile production studio, has raised $735K in funding according to a recent SEC filing.

 


According to a recent SEC filing, freemarket.ai has raised $750K in funding. The filing lists Pravin Rajan as an executive, director, and promoter. Rajan’s LinkedIn profile indicates he is building a stealth startup that is building an intelligence platform for investing through automation.

 


Altru, the mobile content platform that leverages existing employees for marketing and recruiting, has raised $1.3M in funding according to a recent SEC filing. Founded by Alykhan Rehmatullah and Vincent Polidoro in 2017. The filing lists Sean Ammirati of Birchmere Ventures as a Director.

Tags: 83NorthAccelFoodsAltruAndreas WuerfelAnthony WeltersBigr VenturesBirchmere VenturesBoston Consulting GroupBoxGroupCastCM-CIC InvestmentCredit SuisseDataminrDeep Fork CapitalDevFactoryEquityZenFabrice GrindaFidelity InvestmentsFred Brownfreemarket.aiGettGNYHA VenturesGSV CapitalIVPJohn MackJose MarinKapor CapitalKeren FinanceLoeb Holding CorporationMulberry PlatformNicolas BerggruenNoam GottesmanObligoParachute HealthPropel CapitalRichmond Global VenturesSelectedSharesPost Investment ManagementSoozy'sThe PadcsaterThomas GlocerVenrockViceroy VenturesVikram PanditVolkswagen GroupWellington ManagementWharton Equity PartnersWorldQuant Ventures LLC
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