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 for the week of 6/24/18 to 6/30/18 including the NYC startup fundings, NYC startup exits, and NYC Tech events.
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Cedar, the patient financial management platform for hospitals, health systems, and independent medical groups, has raised $36M in a Series B round led by Kinnevik with participation from Founders Fund, Thrive Capital, Lakestar, Sound Ventures, Kevin Systrom of Instagram, and Nat Turner of Flatiron Health.
Read the full story about Cedar’s Series B funding.
Smart luggage brand Away has raised $50M in Series C funding from investors that include Comcast Ventures, Global Founders Capital, and Forerunner Ventures. Founded by Jen Rubio and Steph Korey in 2015, Away has now raised a total of $81M in funding over found funding rounds.
BrightFarms operates local greenhouses in NYC to provide people across the country with fresh produce. Founded by Paul Lightfoot and Ted Caplow it 2011, it just raised $55M in Series D funding from investors that include NGEN Partners, Catalyst Investors, Cox Enterprises, and WP Global Partners. This profitable company has raised a total of $112.9M over six rounds.
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Mulberry Platform, the plug-and-play warranty solution for retailers, raised $2.75M in Seed funding led by Quiet Capital and including participation from Founder Collective, Foundation Capital, Commerce Ventures, Entrepreneurs Roundtable Accelerator, and Sam Hinkie. Check out our full coverage of Mulberry’s seed funding.
BigID, the enterprise-focused data protection platform, has raised $30M in Series B funding from investors that include Comcast Ventures, Scale Venture Partners, Boldstart Ventures, SAP.iO Fund, Information Venture Partners, and ClearSky, Founded in 2016 by Dimitri Sirota and Nimrod Vax, BigID has now raised a total of $46.1M in funding over four funding rounds.
IMGN Media, the social-centric content brand that operates sites like Comedy.com, has raised $3M in funding from investors that include Dot Capital, Rhodium, YTA, KDC Media Fund (joint venture between Keshet and Dick Clark Productions), Big Block Media, and Ron Zuckerman. Founded by Barak Shragai, Dor Mizrahi, and Liat Abadi in 2015, IMGN Media has now raised a total of $6M in funding over three rounds.
Thread Learning, the data collection, management, and care coordination platform built specifically for students with Autism founded by Greg Brill, has raised $1.05M in funding according to a recent SEC filing.
OM Cash, the mobile money transfer platform focused on the underbanked in emerging markets built on the blockchain, and founded by Jordan Karstadt, has raised $650K in funding according to a recent SEC filing. The filing indicates that 12 parties invested in the round which has a total offering amount of $2M.
Urbint, the technology platform for improved urban planning founded by Corey Capasso and Ryan Schmukler in 2015, has raised $15.1M in funding using a combination of equity and debt according to a recent SEC filing. The filing lists Sameer Reddy of Energy Impact Partners and Robert Bremmer as directors.
According to a recent SEC filing, Journey Meditation, the company bringing mediation to corporations and individuals through classes, events, and courses has raised $3.2M in funding. The filing lists Brendan Dickinson of Canaan as a Director and indicates that there were 34 parties that invested in the round. Journey Meditation was founded by Stephen Sokoler in 2015.
MonetaGo, the enterprise-focused provider of software solutions built on the blockchain for the financial services industry founded by Jesse Chenard, Margaux Avedisian, Patrick Manasse, and Tad Davis in 2014, has raised $4.5M in capital out of a $9.9M offering according to a recent SEC filing. The filing indicates that 66 parties invested in the round.
Atomic Capital, the early venture that provides Blockchain based infrastructure for use in financial services, has raised $250K in funding according to a recent SEC filing. The company was founded by Alexander S. Blum in 2018 and the filing indicates there was a sole party that invested in the round.
