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 1/12 including the NYC startup fundings, NYC startup exits, and NYC Tech events including news for Bowery Valuation, Managed by Q, GAN Integrity, and much more…
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Video marketing platform Innovid has raised $30M in funding led by Goldman Sachs Private Capital Investing. Founded in 2007 by Tal Chalozin, Zack Zigdon, and Zvika Netter, Innovid has now raised a total of $82.6m in reported equity funding over seven rounds.
Managed by Q, the office management and cleaning platform, has raised an additional $25M as a part of its Series C round from investors that include GV, RRE Ventures, DivcoWest, and Oxford Properties Group. This brings the total funding for the Series C round, which was initially raised in late 2016, to $55M. Founded by Dan Teran and Saman Rahmanian in 2013, Managed by Q has now raised a total of $97.4M in funding over five rounds.
Piano, the business management platform for digital media brands, has raised $22M in Series B funding led by Updata Partners. Founded in 2010 by Steven Brill, Piano has now raised a total of $28.1M in funding over six rounds.
Online compliance platform GAN Integrity has raised $15M in Series B funding from investors that include Edison Partners and Aquiline Technology Growth. Founded in 2015 by Claus Hojbjerg Andersen and Thomas Sehested, GAN Integrity has now raised a total of $24M in equity funding over two reported rounds.
Bowery Valuation, the tech-enabled real estate appraisal platform, has raised $12M in Series A funding from investors that include Corigin Ventures, Camber Creek, Navitas Capital, Fika Ventures, and Builders. Founded in 2015 by Cesar Devers, John Meadows, and Noah Isaacs, Bowery has now raised a total of $18.8m in funding over three funding rounds.
Full funding round details: Bowery Valuation’s Series A
Section4, a business media company focused on data-driven journalism that’s launching in the summer of 2019, has raised $7M in funding according to a recent SEC filing. The filing lists Tom Phillips (CEO Dstillery, Google, Insight Venture Partners) as President and indicates that there were five participants in this round.
Caper, the company that has developed the physical smart shopping cart for use in retail, has raised $2.15M in Seed funding from investors that include Y Combinator, First Round Capital, FundersClub, Precursor Ventures, Hardware Club, Sidekick Fund, Max Mullen, REDO Ventures, Jenny Fleiss, Nick Taranto, and Cogito Ventures. Founded in 2016 and based in Greenpoint, Caper has now raised a total of $3M in total reported equity funding.
Pandium, the integration platform for SaaS providers, has raised $1.975M in funding according to a recent SEC filing. The total offering is for $2.475M with $465K representing the conversion of a convertible note. The filing indicates that there were thirteen participants in the round. Pandium was founded by Cristina Flaschen and Shon Urbas in 2017 and is a Techstars NYC 2018 graduate.
Biometric authentication platform TypingDNA has raised $679K in funding according to a recent SEC filing. The filing indicates that twenty parties participated in the round. Founded by Adrian Gheara, Cristian Tamas, and Raul Popa in 2016, TypingDNA has now raised a total of $779K in funding over three reported rounds. The company is a graduate of Techstars NYC and other investors in previous rounds include Gecad Ventures and Right Side Capital Management.
Collaborative drug design platform Schrodinger has raised $85M in funding from investors that include GV, Qiming Venture Partners, Bill & Melinda Gates Foundation, Deerfield, WuXi AppTec, and Baron Capital Management. Founded by Richard Friesner and William Goddard in 1990, Schrodinger has now raised a total of $137M in funding over four rounds.
Stelexis Therapeutics, a cancer therapeutics company focused on identifying pre-cancerous stem cells, has raised $43M in Series A funding from Deerfield Capital Management. This is the first reported round of funding for the company which was founded in 2017.
