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Home AlleyTalk #NYCTech

#NYCtech Week in Review: 9/22/19-9/28/19

AlleyWatch by AlleyWatch
#NYCtech Week in Review: 9/22/19-9/28/19
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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 9/28 including the NYC startup fundings, NYC startup exits, and NYC Tech events including news for Peloton, CTRL-Labs, Primary, and much more…

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The AlleyWatch audience is driving progress and innovation on a global scale. With its regional media properties, AlleyWatch serves as the highway for technology and entrepreneurship. There are a number of options to reach this audience of the world’s most innovative organizations and startups at scale including sponsoring a piece like this, which will be read by the vast majority of key influencers in the entrepreneurial universe. Find out more here.


Primary, the direct-to-consumer children’s essentials clothing brand, has raised $20M in Series C funding from investors that include Home Brew, USVP. Founded by Christina Carbonell, Galyn Bernard in 2015, Primary has now raised a total of $47.8M in reported equity funding. We have an exclusive interview with the Christina and Galyn on Primary’s Series C funding.


The AlleyWatch audience is driving progress and innovation on a global scale. With its regional media properties, AlleyWatch serves as the highway for technology and entrepreneurship. There are a number of options to reach this audience of the world’s most innovative organizations and startups at scale including sponsoring a piece like this, which will be read by the vast majority of key influencers in the entrepreneurial universe. Find out more here.


The creators of a new corporate card, Teampay (formerly Team Labs), raised $12M led by Tribe Capital and including participation from Silicon Valley Bank, Crosscut Ventures, and Charles Hudson (Founder of Precursor Ventures). Teampay was founded by Andrew Hoag and has raised a total of $16M throughout three rounds.


The AlleyWatch audience is driving progress and innovation on a global scale. With its regional media properties, AlleyWatch serves as the highway for technology and entrepreneurship. There are a number of options to reach this audience of the world’s most innovative organizations and startups at scale including sponsoring a piece like this, which will be read by the vast majority of key influencers in the entrepreneurial universe. Find out more here.


Summer, the student loan management platform, has raised $10M in Series A funding from investors that include General Catalyst, Greycroft, QED Investors, NextView Ventures, and Story Ventures. Founded by Paul Joo, Vincent Tran, and Will Sealy in 2017, Summer has now raised a total of $12.3M in reported equity funding.


The AlleyWatch audience is driving progress and innovation on a global scale. With its regional media properties, AlleyWatch serves as the highway for technology and entrepreneurship. There are a number of options to reach this audience of the world’s most innovative organizations and startups at scale including sponsoring a piece like this, which will be read by the vast majority of key influencers in the entrepreneurial universe. Find out more here.


Streaming fitness provider Peloton went public on the Nasdaq under the ticket PTON.  The company priced its IPO at $29, the stock opened at $27, and closed the week at $25.24 with a total market cap of $7.1B.  Peloton was founded by Graham Stanton, John Foley, Tom Cortese, and Yony Feng in 2012 and had raised slightly under $1B prior to the IPO and $1.2B for the IPO.  Investors in the company include Kleiner Perkins, GGV Capital, True Ventures, Tiger Global Management, TCV, Fidelity, Wellington Management, Fidelity Management and Research Company, QuestMark Partners, L Catterton, Grace Beauty Capital, Bullish, Felix Capital, NBCUniversal, Andrew Mitchell, Balyasny Asset Management, Winslow Capital, and Jed Katz.


The AlleyWatch audience is driving progress and innovation on a global scale. With its regional media properties, AlleyWatch serves as the highway for technology and entrepreneurship. There are a number of options to reach this audience of the world’s most innovative organizations and startups at scale including sponsoring a piece like this, which will be read by the vast majority of key influencers in the entrepreneurial universe. Find out more here.


BetterCloud, the enterprise policies management plaform for SaaS applications, has raised an additional $5M in funding from Dropbox. Founded by David Politis in 2011, BetterCloud has now raised a total of $111.9M in reported equity funding.


The AlleyWatch audience is driving progress and innovation on a global scale. With its regional media properties, AlleyWatch serves as the highway for technology and entrepreneurship. There are a number of options to reach this audience of the world’s most innovative organizations and startups at scale including sponsoring a piece like this, which will be read by the vast majority of key influencers in the entrepreneurial universe. Find out more here.


Industry executives, disruptors and innovators are gathering at NAB Show New York this fall. Be there to glean a fresh perspective. Get the details and save $100 on a Conference+ Pass or get a FREE Exhibits Pass with code MP01.


The AlleyWatch audience is driving progress and innovation on a global scale. With its regional media properties, AlleyWatch serves as the highway for technology and entrepreneurship. There are a number of options to reach this audience of the world’s most innovative organizations and startups at scale including sponsoring a piece like this, which will be read by the vast majority of key influencers in the entrepreneurial universe. Find out more here.


 

Package Free, the online retailer focused on providing products that are environmentally friendly with low waste footprints, has raised $4.5M in Seed funding from investors that include Primary Venture Partners, Day One Ventures, Neil Parikh, TQ Ventures, Ryan Engel, and Brooke Wall. Package Free was founded by Lauren Singer in 2017.


The AlleyWatch audience is driving progress and innovation on a global scale. With its regional media properties, AlleyWatch serves as the highway for technology and entrepreneurship. There are a number of options to reach this audience of the world’s most innovative organizations and startups at scale including sponsoring a piece like this, which will be read by the vast majority of key influencers in the entrepreneurial universe. Find out more here.


CTRL-labs, the startup that’s working on a neural interface technology that uses an armband to capture just your thoughts and movements as digital signals, has agreed to be acquired by Facebook. Full coverage of Facebook’s acquisition of CTRL-labs


The AlleyWatch audience is driving progress and innovation on a global scale. With its regional media properties, AlleyWatch serves as the highway for technology and entrepreneurship. There are a number of options to reach this audience of the world’s most innovative organizations and startups at scale including sponsoring a piece like this, which will be read by the vast majority of key influencers in the entrepreneurial universe. Find out more here.


 

Elementus, the blockchain analytics platform, has raised $3.5M in Seed funding from investors that include Morgan Creek Digital and Avon Ventures. Founded by Mike Kalomeni, Nuria Gutierrez Prunera, and Max Galka in 2017, Elementus has now raised a total of $4.3M in reported equity funding.


The AlleyWatch audience is driving progress and innovation on a global scale. With its regional media properties, AlleyWatch serves as the highway for technology and entrepreneurship. There are a number of options to reach this audience of the world’s most innovative organizations and startups at scale including sponsoring a piece like this, which will be read by the vast majority of key influencers in the entrepreneurial universe. Find out more here.


Koyfin, the data platform for smart investing, raised $3M led by Craft Ventures with participation from Social Leverage, Valor Equity Partners, and Atreides Ventures. Read our interview with Koyfin founder Roy Koyfman.


The AlleyWatch audience is driving progress and innovation on a global scale. With its regional media properties, AlleyWatch serves as the highway for technology and entrepreneurship. There are a number of options to reach this audience of the world’s most innovative organizations and startups at scale including sponsoring a piece like this, which will be read by the vast majority of key influencers in the entrepreneurial universe. Find out more here.

Tags: Andrew MitchellAtreides VenturesAvon VenturesBalyasny Asset ManagementBetterCloudBrooke WallBullishCharles HudsonCrosscut VenturesDay One VenturesDropboxElementusFelix CapitalFidelityFidelity Management and Research CompanyGeneral CatalystGGV CapitalGrace Beauty CapitalGraham StantonGreycroftJed KatzJohn FoleyKleiner PerkinsKoyfinL CattertonMorgan Creek DigitalNBCUniversalNeil ParikhNextView VenturesPackage FreePelotonPrimaryPrimary Venture PartnersQED InvestorsQuestMark PartnersRyan EngelSilicon Valley BankSocial Leveragestory venturesSummerTCVTeampayTiger Global ManagementTom CorteseTQ VenturesTribe Capitaltrue venturesValor Equity PartnersWellington ManagementWinslow CapitalYony Feng
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