Funding News NYC

Coverdash Lands $13.5 Million Series A

NEW YORK — Coverdash, a startup offering insurance to small and mid-sized businesses, has landed $13.5 million in Series A funding. This financing comes within one calendar year of Coverdash’s oversubscribed Seed round, bringing the company’s total funding to $16 million to date. The Series A round was led by Nyca Partners, joining existing investors […]

Funding News NYC

Jukebox Health Receives Investment From Home Depot

NEW YORK — Jukebox Health, a national provider of clinically-led home modifications, has announced a strategic investment from Home Depot Ventures. This investment marks a significant stride toward making affordable and accessible housing a reality for people aging in place across the country. The amount invested was not disclosed. As an unprecedented 10,000 people turn 65 every […]

Albany Funding News Upstate

Plug Power Receives $75 Million in Federal Grants

U.S. Senate Majority Leader Charles E. Schumer and U.S. Congressman (NY) Joe Morelle today announced over $90 million in federal funding from the U.S. Department of Energy’s (DOE) Clean Hydrogen Manufacturing, Recycling, and Electrolysis programs created in the bipartisan Infrastructure Investment & Jobs Act. The lawmakers said this will help bolster Upstate New York as […]

Funding News NYC

Milu Health Debuts With $4.8 Million Seed Round

NEW YORK — Milu Health, a health tech company that uses AI to drive cost savings in healthcare for employees and employers, has made its debut with seed financing of $4.8 million, led by Andreessen Horowitz (a16z) Bio + Health. The company has launched with over a dozen employers to expand employee access to its […]

Funding NYC

Axonius Scores $200 Million Funding

NEW YORK — Axonius, a provider of cybersecurity asset management and SaaS management, has secured $200 million in a Series E extension funding round led by Accel and Lightspeed Venture Partners. Existing investor Stripes also participated. This new round of funding is intended to accelerate innovation and scale across the globe as demand for the Axonius Platform […]

Funding News NYC

Healthee Raises $32 Million Series A

NEW YORK — Healthee, a platform for employee healthcare benefits, has raised a $32 million Series A funding round, co-led by Fin Capital, Glilot Capital Partners, and Group11, with strategic partner TriNet (NYSE: TNET) also participating. Focused on enhancing care outcomes and reducing overhead for employers and employees alike, Healthee’s comprehensive platform provides personalized, instant, […]

Funding News NYC

EasyKnock Rings Up $28 Million Funding Round

NEW YORK — EasyKnock, which operates a home equity solutions platform, announced the completion of a $28 million Series D funding round. Northwestern Mutual Future Ventures, the venture capital arm of Northwestern Mutual, joins new and existing investors in the round. EasyKnock plans to use the new funding to advance the development of its platform, […]

Funding NYC

Claroty Secures $100 Million

NEW YORK — Claroty, a cyber-physical systems protection company, has secured $100 million in strategic growth financing. Participants include lead equity investor Delta-v Capital, as well as AB Private Credit Investors at AllianceBernstein, Standard Investments, Toshiba Digital Solutions, SE Ventures, Rockwell Automation, and Silicon Valley Bank, a division of First Citizens Bank. Combined with Claroty’s existing $635 million in […]

Funding News NYC

Crisp Raises Crispy New $50 Million Round

NEW YORK — Crisp has raised a total of $50 million in new capital through a $20 million Series B extension round and up to $30 million in debt financing. Existing investors including Blue Cloud Ventures, FirstMark Capital, Spring Capital and 3L participated in the equity round. TriplePoint Capital LLC provided debt to refinance existing senior debt and to fund both operating […]

Funding

Tuned Secures $3.2 Million Seed Funding

NEW YORK — Tuned, a digital hearing health company providing preventive and comprehensive hearing health for employers, has secured an oversubscribed $3.2 million seed extension led by Unum Group, with participation from Distributed Ventures. Tuned’s latest round brings its total funds raised to $8.2 million. Tuned plans to use the funding to grow its commercial […]

Funding News NYC

NYC Regional Center Closes $19 Million Tax Financing for Armory Foundation

NEW YORK — New York City Regional Center has announced the closing of $19,000,000 in New Market Tax Credit financing to help fund building upgrades and ongoing operating expenses at the Armory Nike Track & Field Center in Washington Heights. The $19 million of funding will assist the non-profit Armory Foundation in continuing its robust after-school youth programming as well […]

Funding News NYC

Pronto Housing Reels In $3 Million

NEW YORK — Pronto Housing—a software solution to make complicated affordable housing processes efficient and easy for everyone — has raised $3 million from Infinity Capital Partners, MRK Partners, Icon National, and others. Pronto’s total funding to date is $9.5 million. The company will use the capital to accelerate Pronto Housing’s mission of shaping the future […]

Funding News NYC

NLX Raises $12 Million For AI Customer Service Platform

NEW YORK — NLX, which is developing AI to power customer service for large and enterprise brands, has raised $12 million in Series A funding, led by Cercano and joined by Thayer Ventures and HL Ventures. Initial investors IAG Capital Partners, JetBlue Ventures and Tech Square Ventures’ Engage also contributed to this new round of funding. […]

Funding

BuildStock Builds Up $1.6 Million in Funding

NEW YORK — Buildstock, a B2B marketplace for construction materials, has secured $1.6 million in pre-seed funding from Precursor, MGV, XFactor, RefashionD and angel investors, including Osuke Honda (DCM), Nihal Mehta (Eniac), Shruti Gandhi (Array Ventures), Tom Peterson (Rally Ventures), Yun-Fang Juan, and Mark G (m]x[v Capital). The Buildstock platform empowers builders and suppliers by streamlining sales and procurement, driving savings of money […]

Funding

Music Promotion Platform Groover Scores $8 Million Round

NEW YORK — Groover, a music promotion platform, announces today an $8 million Series A funding round, led by investors OneRagtime, Trind, Techmind, and MozzaAngels, and supported by historical backers, Partech, Bpifrance‘s Tech & Touch fund, Verve Ventures, and Frenchfounders. This new financing will consolidate Groover’s position as an all-in-one platform solution by integrating additional services such as promotion, marketing, coaching, and career development support, additionally to […]