Daily business news in the Great State of New York!
NEW YORK — Clyde, a product lifecycle platform, has raised $41 million, including $25 million in Series B funding and $16 million in working capital, to enable merchants to create product lifecycle programs that grow revenue and drive loyalty. The funding round was led by Headline, with participation from Vulcan, Spark Capital, Crosslink and other […]
NEW YORK — WattBuy, a clean energy platform that helps consumers select more sustainable, affordable energy options, has raised $10 million in additional investment for its Series A round of funding. The round was led by SE Ventures, a venture capital fund backed by Schneider Electric, along with MCJ Collective. Existing investors also participating in this […]
NEW YORK — Ohi, an instant commerce platform that enables brands to meet their customers’ expectations of superfast delivery in under two hours, has completed a $19 million Series A funding round. Ohi will use the funds to expand its US operations to enable near-instant delivery of everything from CPG products to luxury goods in […]
NEW YORK — Blank Street, a Brooklyn-based specialty coffee company with 14 micro-format locations in Manhattan and Brooklyn, has announced a $25 million Series A investment led by General Catalyst and Tiger Global, along with additional strategic investors including Neil Blumenthal and Dave Gilboa (Founders, Warby Parker), Jeff Raider (Founder, Warby Parker and Harry’s), Joey […]
NEW YORK — Oshi Health, a virtual specialty care company transforming gastrointestinal (GI) health outcomes and economics, announced a $23 million Series A funding round from leading healthcare venture capital funds and individual investors. The funds will be used to rapidly scale Oshi Health’s groundbreaking virtual-first, integrated approach to GI care delivery. Oshi Health’s evidence-based, […]
NEW YORK — Medley, a platform for personal and professional growth, has landed a $3.7 million seed funding round led by venture capital firm Andreessen Horowitz, with participation from Aglaé Ventures, Foundation Capital, artist Ciara Wilson, Away CEO and co-founder Jen Rubio, Peloton SVP, Head of Global Marketing & Communications Dara Treseder, and Sanyin Siang, the Executive Director of […]
NEW YORK — Alloy, which operates an identity and security platform for banks and fintech companies, has raised $100 million in Series C funding. Lightspeed Venture Partners’ Justin Overdorff led the round with participation from existing investors Canapi Ventures, Bessemer Venture Partners, Avid Ventures and Felicis Ventures, bringing the company’s valuation to $1.35 billion and the total amount raised to […]
NEW YORK — TrialSpark, a biotech company that looks to speed up the process of bringing new medicines to market, has raised $156 million in Series C funding. Sam Altman — former President of Y Combinator — and investor Lachy Groom led the round, with participation from new and existing investors, including Sequoia Capital (Series […]
NEW YORK — Stellar Health, a healthcare technology company, has raised over $60 million in Series B funding. The funding round was led by General Atlantic with participation from Point72 Ventures and Primary Venture Partners, who led Stellar’s Series A financing in 2020. New investors also include Mike Pykosz and Geoff Price, two of the […]
NEW YORK — Stake — a company offering renters Cash Back rewards —announced that it has closed its seed funding of over $4 million. The round was led by Shadow Ventures with Hometeam Ventures, Olive Tree Holdings, Blue Field Capital, Hampton VC, Gaingels, and Ellen Levy, Managing Director at Silicon Valley Connect. The capital will accelerate Stake’s mission to make renting financially […]
NEW YORK — Blueground, which operates a network of furnished rental apartments, has raised $180 million in Series C financing, led by WestCap Group with additional participation from Geolo Capital, VentureFriends, and Prime Ventures. Blueground has secured $140 million in equity, as well as a $40 million debt facility from Silicon Valley Bank. The company […]
NEW YORK — Boom Entertainment, the creator of sports gaming apps such as NBC Sports Predictor, has landed a $15 million Series A led by Sands Capital to fuel the company’s expansion into real-money gaming products. Joining Sands Capital in the round includes investors: Defy Partners, Golden Nugget Online Gaming, Rush Street Interactive, TEGNA, Bettor Capital, […]
BUFFALO, NY — Centivo, a new health plan for self-funded employers that is anchored around leading providers of value-based care, has raised an additional $51 million in funding, less than 10 months after its previous round. These funds will support Centivo’s rapid growth and expansion amid increased demand from employers for health plans that are structurally built […]
NEW YORK — Bilt Rewards, which provides a loyalty program for renters, has raised a funding round of $60 million, with investment from Wells Fargo, Mastercard, and a group of the nation’s largest real estate owners including Blackstone, AvalonBay Communities, Douglas Elliman, New Valley Ventures, Equity Residential, GID, LEN×, The Moinian Group; Morgan Properties, Related Group, and Starwood […]
NEW YORK — Walnut, which bills itself as the world’s first sales experience platform, has raised $15 million in Series A funding led by Eight Roads Ventures. Walnut is based in NY, London and Tel Aviv, Israel. This funding round comes just several months after a $6 million seed round, bringing the total funding raised […]