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 7/1/18 to 7/7/18 including the NYC startup fundings, NYC startup exits, and NYC Tech 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.
Oden Technologies, the SaaS platform for optimizing factories, has raised $10M in Series A funding from investors that include Atomico and EQT Ventures. Oden Technologies was founded by Peter Brand and Willem Sundblad in 2014 and has now raised a total of $15.9M in funding over two funding rounds.
Dipp, the automated platform that builds creative assets for digital marketing campaigns, has raised $400K in investment from Expara IDM Ventures. Dipp was founded by Christine Chan, Jennifer Chen, and Mikhail Abramov in 2017.
Palate Wizards, the intelligence SaaS platform for retailers and brands in the alcohol industry to connect and track has raised an additional $1M in funding according to a recent SEC filing. The filing also indicates that $600K+ converted into equity from a previous convertible note round. Palate Wizards was founded by Michael Jermyn and Joseph Port. The company previously raised $1.25M in 2015.
Joinery, the platform that connects apartment renters with departing tenants founded by Julia Ramsey and Vianney Brandicourt in 2015, has raised $1.06M in funding according to a recent SEC filing.
Chromation, the makers of a miniature optical spectrometer for use in wearables and integrated applications, has raised $1.7M in funding according to a recent SEC filing.
Sigma Ratings, the fintech startup that uses AI to assess non-credit risks such as management, crime, and governance risk, has raised $2.4M in funding from investors that include Techstars, FinTech Collective, and Barclays. Founded in 2016 by Gabrielle Haddad and Stuart Jones, Jr., Sigma Ratings has now raised a total of $3.1M in funding over two rounds.
Mercato, the online grocery platform that connects consumers with local merchants founded by Bobby Brannigan, Dave Bateman, Edward Politis, Jesse Villanueva, Matthew Alarie, and Michael Mason in 2015, has raised $3.18M in funding according to a recent SEC filing. Investors in previous rounds include Ashish Toshniwal, Jerry Colonna, Richard Braddock, Michael Loeb, Neil Senturia, Monica Woo, Jeff Smith, and Gil Ozir.
Show-Score, the community for theater lovers founded by Deeksha Gaur and Tom Melcher in 2015, has raised $1.64M in additional funding according to a recent SEC filing. Investors in previous rounds include Matthew Luckett, The Seelig Group, Ashley DeSimone, and Chip Seelig. This funding brings the total funding raised to $4.18M over three rounds for Show-Score.
Anima App is developing algorithms and bots to reduce the amount of time that designers and developers spend on front-end developing. The startup founded by Avishay Cohen and Or Arbel has raised an undisclosed amount in Seed funding from Y Combinator.
Paladin, the SaaS platform that allows the legal profession to manage pro bono initiatives, has raised $1M in funding from investors that include Hyde Park Venture Partners, Mark Cuban, Backstage Capital, MergeLane, and Chaac Ventures. Paladin was founed by Felicity Conrad and Kristen Sonday, a graduate of Techstars Chicago, and has now raised a total of $3.1M in funding.
Shareablee, the social analytics platform founded by Tania Yuki in 2012, has raised an additional $5.15M in funding according to a recent SEC filing. Previous investors int he company include SoftBank Capital, Artesian VC, Valhalla Partners, and Microsoft Accelerator Seattle. The company had raised $6.8M in prior funding to this round.
Fever, the local events discovery platform, has raised $20M in Series C funding from investors that include Accel, 14W, Atresmedia, and Labtech. Founded by Bernardo Hernandez and Pep Gomez in 2014, Fever has now raised a total of $39.3M in funding over four rounds.
Hometalk, the DIY community founded by Celeste Kumelos, Miriam Illions, and Yaron Ben Shaul in 2011, has raised $14.5M in funding according to a recent SEC filing. The filing indicates that there were three participants in this round.
