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Home AlleyTalk #NYCTech

#NYCtech Week in Review: 9/9/18-9/15/18

AlleyWatch by AlleyWatch
#NYCtech Week in Review: 9/9/18-9/15/18
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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 for the week ending 9/15 including the NYC startup fundings, NYC startup exits, and NYC Tech events including news for Wellth, BloomCredit, Packet, Sisense, Lively, Catalyst, RapidRaings,  and much more…


Business analytics platform Sisense has raised $80M in Series E funding from investors that include Bessemer Venture Partners, Battery Ventures, Insight Venture Partners, Genesis Partners, Opus Capital, and DFJ Growth. Founded by Adi Azaria, Aviad Harell, Elad Israeli, Eldad Farkash, and Guy Boyangu in 2010, Sisense has now raised a total of $174M in total funding over five rounds.


The financial analytics company, RapidRatings, raised $30M in funding from FTV Capital. This fintech company was founded by James H. Gellert and Douglas Cameron.


We sat down with Nnamdi Okike, General Partner at 645 Ventures, which just closed its second fund in August at $40M.  Nnamdi joined us to discuss 645’s latest fund, the firm’s metric and data-driven approach to investing, and much, much more

Read the full interview here: Inside the Mind of a NYC VC: Nnamdi Okike of 645 Ventures


Packet, the provider of bare-metal cloud services for developers, has raised $25M in Series B funding from investors that include Battery Ventures, SoftBank, Dell Technologies Capital, Samsung NEXT, Third Point Ventures, and JA Mitsui Leasing. Founded by Aaron Welch, Jacob Smith, and Zachary Smith in 2014, Packet has now raised a total of $36.6M over five funding rounds.


Wellth, the platform that uses incentivization and behavioral economics to improve patient adherence, has raised an additional $5M in funding. This brings the total funding raised to $7.6M for the startup founded by Alec Zopf and Matthew Loper in 2014.


According to a recent SEC filing, Masse, the production recommendation platform from people you trust, has raised $4.3M in funding. Masse was founded by Moda Operandi and Jet.com vets Elizabeth Shaffer and Elizabeth Kiat in April. The product is slated to launch later this year.


Direct-to-consumer lingerie startup Lively has raised $6.5M in Series A funding from investors that include GGV Capital and NF Ventures. Founded by Michelle Cordeiro Grant (Victoria’s Secret, Thrillist) in 2015, Lively has now raised a total of $15M in equity funding over four funding rounds.


The customer success platform Catalyst raised $3M in a Venture round led by Work-Bench. This NYC startup was founded by Edward Chiu and Kevin Chiu in 2017, and it has now raised a total of $5.4M over two rounds.


According to a recent SEC filing, Bloom Credit, the fintech platform that helps people improve their credit scores to obtain loans, has raised $1.85M in funding. The filing indicates that there were 3 participants in this round. The company had previously raised $1.78M last fall from 23 investors. Bloom Credit was founded by Corey Kaplan and Matt Harris in 2016.

Full coverage: Bloom Credit raises additional funding to Give Denied Credit Applicants a Second Chance

Tags: Battery VenturesBessemer Venture PartnersBloom CreditCatalystDell Technologies CapitalDFJ GrowthGenesis PartnersGGV CapitalInsight Venture PartnersJA Mitsui LeasingLivelyMasseNF VenturesOpus CapitalPacketRapidRatingsSamsung NEXTSiSenseSoftBankThird Point VenturesWellthWork-Bench
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