Daily business news in the Great State of New York!
NEW YORK — Claroty, a cybersecurity company for cyber-physical systems (CPS) across industrial, healthcare, and enterprise environments, announced Rockwell Automation, the world’s largest company dedicated to industrial automation and digital transformation, as a co-lead investor in its $400 million Series E funding round. The round brings the company’s total funding to $635 million, making it the most well-funded cybersecurity […]
NEW YORK — Massive, a remote startup that provides a new way for users to pay for digital apps and services by sharing a small amount of their computers’ idle processing power, has raised $11 million in seed funding. The round was led by Point72 Ventures with participation from Coinbase Ventures, Kraken Ventures, BlockTower Capital, and […]
NEW YORK — Rho, a financial platform that helps corporations better manage spending and cash, announced a $75 million Series B funding round led by Dragoneer Investment Group. New investors including DFJ Growth, and existing investors including M13, Inspired Capital and Torch Capital also participated. Founded in 2018, Rho says it has grown 10x in […]
NEW YORK — Via, a provider of software solutions for public transportation systems, has raised $130 million in a series G funding round giving the company a valuation of $3.3 billion. The round was led by Janus Henderson with participation from funds and accounts managed by BlackRock, ION Crossover Partners, Koch Disruptive Technologies, and existing […]
NEW YORK — Daily Harvest, which offers healthy food shipped directly to customers, has secured Series D funding found, valuing the company at over $1 billion. The amount of the investment was not disclosed. The round was led by Lone Pine Capital with existing company investors. Founded by Rachel Drori, 39, Daily Harvest plans to use the […]
NEW YORK — Verbit, a voice AI transcription and captioning company, has closed its Series E funding round at $250 million, after securing a $150 million primary investment and $100 million in secondary transactions. The round was led by a $200 million investment by Third Point Ventures, with additional participation by existing investors Sapphire Ventures, More Capital, Disruptive AI, Vertex Growth, 40North, Samsung […]
NEW YORK — Updater Technologies, a technology platform powering the relocation industry, has closed approximately $60 million of funding. Investors in this new convertible note round include multiple long-time backers of Updater, including Second Century Ventures, the strategic investment arm of the National Association of REALTORS. Updater has closed approximately $60 million, with an option to […]
NEW YORK — Yieldstreet, a leading multi-asset alternative investment platform, has closed a strategic $50 million follow-on investment, led by London-based Mayfair Equity Partners, a leading technology and consumer growth investor. Yieldstreet was established to provide retail investors access to alternative investment opportunities previously reserved for institutions and ultra high-net worth individuals. Since its foundation, […]
NEW YORK — Anyword, an AI-based language optimization platform transforming how marketers tailor their messages to their customers, has raised $21 million in new funding, bringing the total raised to more than $30 million. Anyword is based in New York and Tel Aviv, Israel. The round was led by Innovation Endeavors, with additional participation from […]
NEW YORK — Fund That Flip, a real estate-focused financial technology platform based in NY and Cleveland, announced the first close of its $20 million Series B funding round. The financing was led by GPO Fund of New York, with participation from MassMutual Ventures and Tribeca Early Stage Partners. More than 50 Fund That Flip […]
NEW YORK — H1, which operates a global healthcare network that connects healthcare professionals, has raised a $100 million Series C round of funding led by Altimeter Capital, joined by new investors Goldman Sachs Asset Management and Flex Capital, with participation from existing investors IVP, Menlo Ventures, Transformation Capital, Lux Capital and LeadEdge. H1 will […]
NEW YORK — Nexar, an AI computer vision company based in Israel with offices in NYC, announced the completion of a $53 million Series D funding round led by Qumra Capital with the participation of State Farm Ventures, Catalyst Investments, Banca Generali, Valor and previous backers; Atreides Management, Corner Ventures, Regah Ventures, Aleph and more. Nexar is a […]
GENEVA, NY — RealEats, a weekly subscription meal delivery service that makes it simple for people to enjoy the nutritional benefits of real food, has raised $16.3 million in a Series A funding round. The round was led by Hamilton Lane on behalf of the New York State Common Retirement Fund, which participated through its co-investment fund managed by the […]
NEW YORK — Marker Learning, which developed a telepsychology platform that enables the remote administration of learning disability assessments and services, has announced a $4 million seed round led by Primary, with participation from Divergent Investments, Night Ventures, and Operator Partners. Marker Learning will use the funding to expand its team and accelerate its geographic […]
NEW YORK — Obligo, a fintech company that offers products to build trust between renters and landlords, has announced a Series B funding of $35 million led by investor 83North. Additional investors participating in the round include HighSage Ventures, 10D, Entrée Capital, Alumni Ventures, MUFG Innovation Partners, La Maison Partners and other strategic investors. Combined with its recent Series A round, Obligo has […]