Funding

Mirror Reflects On $34 Million Round

NEW YORK — MIRROR, which sells an in-home fitness video screen, has secured $34 million in Series B-1 financing led by Point72 Ventures. Other participants in the round include lululemon; supermodel, entrepreneur and philanthropist Karlie Kloss; Kevin Huvane, founder of Creative Artists Agency; Steve Lockshin, accomplished angel investor; media investors, LionTree LLC; as well as […]

Funding

Blueground Scores $50 Million for Furnished Apartments

NEW YORK — Blueground, a company offering extended-stay furnished apartments, has closed a $50 million Series B funding round. The round was co-led by WestCap Investment Partners and Prime Ventures. WestCap’s founding partner, Laurence Tosi, is an experienced investor and operator, who served as the long time CFO of private equity firm, Blackstone, and subsequently, as the CFO of […]

Funding

IAC Leads $22 Million Funding in Newly Branded Thimble

NEW YORK — Verifly, which offers short-term liability coverage for small businesses and independent workers, is changing its name to Thimble, and has also raised $22 million in Series A funding. The funding was led by NY Internet conglomerate IAC, with participation from existing investors including Slow Ventures, AXA Venture Partners, and Open Ocean. “We’ve […]

Funding

Flashpoint Secures $34 Million

NEW YORK — Flashpoint, a provider of Business Risk Intelligence (BRI), has secured $34 million in new financing and investment. In addition to the company’s raise of $6 million in new equity from investors, Bank of Montreal’s (BMO) Technology and Innovation Banking Group has provided $28 million in debt financing. Flashpoint plans to use this […]

Funding

TCG Buys Majority Stake in Food52 for $83 Million

NEW YORK — Food52, which operates a food content community and e-commerce network, has closed a majority investment by TCG Capital Management, an affiliate of The Chernin Group, LLC. TCG is investing $83 million in Food52 at a nine-figure valuation to enable the company to develop offline retail, expand its in-house product line Five Two, […]

Funding

Capsule Raising $200 Million to Deliver Drugs Outside of NYC

Capsule, an online pharmacy that delivers prescriptions anywhere in the New York metro area, has raised $200 million in fresh funding according to Bloomberg that will help the company expand across the U.S. The funding was led by venture capital firm TCV and Capsule’s existing investors Thrive Capital and Glade Brook Capital Partners also participated. […]

Funding

TickPick Scores $40 Million Investment

NEW YORK — TickPick, which operates a no-fee ticket marketplace, has raised a $40 million investment from PWP Growth Equity. This will be TickPick’s first institutional funding round. The investment will allow TickPick to expand marketing and business development initiatives and establish a data team to further improve the company’s customer service by utilizing machine […]

Funding

CBD Beverage Company Lands $2.5 Million Seed Funding

NEW YORK — Sweet Reason Beverage Co.. which sells CBD-infused sparkling water drinks, says it has raised $2.5 million to complete its seed investment round. New York venture capital firm Lerer Hippeau led the funding round with participation from RiverPark Ventures, Max Ventures, and Subversive Capital, a premier cannabis investor via Privateer Holdings, alongside a strategic group of angel investors. Launched […]

Funding

Anyvision Closes $74 Million Series A Funding

NEW YORK — AnyVision, a computer vision company specializing in face, body, and object-recognition software, announced the close of a $74 million Series A financing round. New investment comes from M12, Microsoft’s venture fund, DFJ Growth and OG Technology Partners. Anyvision is based in Israel with U.S. headquarters in NYC. As part of the Series […]

Funding

Talkspace Talks Up $50 Million Funding

NEW YORK — Talkspace, a healthcare company that lets users connect with over 5,000 therapists online, has raised $50 million in new financing led by Revolution Growth. Existing investors Norwest Venture Partners, Qumra Capital, Spark Capital and Compound Ventures, amongst others are also participating in the round. Talkspace will use the investment to expand access to […]