Daily business news in the Great State of New York!
NEW YORK — Tend, which operates dental studios in New York City, has raised $37 million in new funding led by GV (formerly Google Ventures), alongside new investors Tiger Global and Good Friends, the fund formed by the founders of Allbirds, Harry’s, and Warby Parker. Existing investors Juxtapose, Redpoint and Zigg Capital also participated. The […]
NEW YORK — Imvaq Therapeutics Corp., an cancer immunotherapy company founded by researchers at Memorial Sloan Kettering Cancer Center (MSK), has closed $15 million in Series B financing. The company is developing novel viral-based, armed immune-stimulating therapies to treat a variety of solid tumors including skin cancers, sarcoma, as well as hard-to-treat tumors such as […]
NEW YORK — Bunch, developer of a party app for multiplayer games, has closed $20 million in Series A funding, led by General Catalyst. Investors in the round include many of the top game companies such as Electronic Arts, Krafton (PUBG), mixi, Take-Two Interactive Software, Inc., Ubisoft, Supercell, Riot Games, Miniclip and COLOPL. Additional investors […]
NEW YORK — nTopology, which has developed a 3D printing platform for engineers, has raised $40 million in Series C funding. Insight Partners, a venture capital firm based in NY, led the round joined by Grant Verstandig & existing venture partners Root, Canaan, DCVC, & Haystack. Josh Fredberg of Insight Partners will be joining nTopology’s Board of Directors. The […]
NEW YORK — Citi has announced the first investments from its $150 million Citi Impact Fund, an investment fund devoted to backing “double bottom line” companies. The companies receiving funding are Fulcrum BioEnergy, ICON, PadSplit, and The Mom Project. “The COVID-19 pandemic is requiring us to rethink how we work,” said Ed Skyler, Head of Global Public Affairs at […]
NEW YORK — Orchard, a company looking to simplify home buying and selling, announced it has completed a $69 Million Series C equity funding round led by Revolution Growth, with participation from existing investors, FirstMark, Navitas, Accomplice, and Juxtapose. The latest funding brings Orchard’s total equity raised to date to $138 Million. Orchard was founded to revolutionize the home […]
NEW YORK — ChartHop, which operates the world’s first organizational management platform built to help companies plan for the future, has raised $14 million in a Series A financing led by Andreessen Horowitz (a16z), one of Silicon Valley’s top venture capital firms. The new round included participation from more than 40 C-level executives as well as Abstract […]
NEW YORK — Socure, a provider of digital identity verification services, has raised $35 million in a round led by Sorenson Ventures with participation from existing investors Commerce Ventures, Scale Venture Partners, and Flint Capital. As part of the financing, several strategic investors are also participating, including Citi Ventures, Wells Fargo Strategic Capital, and MVB Financial Corp, bringing total funding […]
NEW YORK — National medical practice Eden Health announced it has raised $25 million in Series B funding, led by Flare Capital Partners with participation from principals from Stone Point Capital, a private equity firm that focuses on the financial services industry including the HR benefits, insurance and real estate sectors. Existing investors who participated in the Series B round […]
NEW YORK — Seated, which operates a restaurant rewards platform, has acquired digital event booking platform VenueBook. Terms were not disclosed. Seated also announced it has secured $30 million in venture funding, led by Insight Partners with participation from Craft Ventures, Greycroft, and Rho Capital Partners. Originally focused on dine-in bookings, Seated has evolved its […]
NEW YORK — Yotpo, a Software-as-a-Service (Saas) – based eCommerce marketing platform that helps retail brands accelerate online revenue growth, has announced $75 million in Series E funding. The company has raised $176 million in total. Led by Adam Fisher, Bessemer Venture Partners (BVP) is increasing its investment in Yotpo in response to the company’s consistent growth and strong performance. […]
NEW YORK — Cecelia Health, a technology-enabled diabetes and other chronic disease management company, has completed a $13 million Series B funding round. The investment was co-led by Rittenhouse Ventures and Endo Investors, and includes investments from Boston Millennia Partners, SustainVC, G100 Capital, and others. The funding will help the company to accelerate and further […]
NEW YORK — NS1, a leader in modern application and access networking, last month raised a $40 million Series D venture round led by Energy Impact Partners (EIP) with participation from existing investors, bringing the company’s total funding to $125 million. The investment will support the company’s continued innovation and development of modern foundational technologies that power […]
NEW YORK — MeetElise, a leading artificial intelligence-powered leasing agent software that now streamlines leasing processes for over 250,000 multifamily communities nationwide, has announced a $6.5 million Series A financing led by Navitas Capital. This investment brings the total amount of funding raised by the company to $8.5 million. MeetElise, founded by Minna Song (MIT) […]
NEW YORK — UiPath, a company focused on Robotic Process Automation (RPA) for corporations, announced it has closed a Series E investment round, raising $225 million and giving the company a valuation of $10.2 billion. The round was led by Alkeon. Others participating include Accel, Coatue, Dragoneer, IVP, Madrona Venture Group, Sequoia Capital, Tencent, Tiger Global, […]