Daily business news in the Great State of New York!
NEW YORK –Talkspace, an online behavioral health care company, has landed a partnership with Amazon Health Services to increase awareness and discoverability of its mental health care services on Amazon.com. Talkspace is the first virtual behavioral health provider to join Amazon Health Services’ program to help individuals discover and enroll in their health insurance benefits […]
NEW YORK — Protege announced a $10 million seed round and the launch of its AI training data platform to help resolve one of the biggest issues in AI development — sharing and accessing the right training data. The round was led by CRV with participation from SV Angel, Liquid 2 Ventures, Bloomberg Beta, Flex Capital, Adam D’Angelo, Travis May, and more. […]
NEW YORK — Brighton Park Capital — a Greenwich, CT investment firm focused on entrepreneur-led, growth-stage companies — has made a $250 million investment in TickPick, a ticket marketplace, to accelerate its growth and scale operations. This represents the largest fundraise in the ticketing industry to date. TickPick and Brighton Park Capital also announced that […]
NEW YORK — Admiral has closed $19 million in growth equity and debt funding, led by Harbert Growth Partners, the growth equity team of Harbert Management Corporation (HMC), joined by Bridge Bank and others. Admiral is a Visitor Relationship Management (VRM) Company that helps thousands of digital publishers worldwide grow visitor relationships and revenue. This latest funding, coupled with previous equity […]
NEW YORK — PreciseDx, an innovator in oncology diagnostics leveraging Artificial Intelligence (AI) for new, morphology-driven disease analysis, has raised $20.7 million in Series B funding, bringing its total funding to date to $31.5 million. The round was led by Eventide Asset Management, which invests in biotech and life science healthcare companies seeking solutions for unmet clinical needs. Additional […]
NEW YORK — Trunk Tools, an AI platform disrupting the $13 trillion construction industry, has raised a $20 million Series A funding round. The new capital was led by Redpoint Ventures with participation from Innovation Endeavors, who led the Seed round, bringing the total capital raised to-date to $30 million. Trunk Tools uses the latest in AI technology […]
NEW YORK — Bilt Rewards, which operates a loyalty program for renters, has raised an additional $150 million in funding. The investment round was led by Teachers’ Venture Growth (TVG), the late-stage venture and growth investment arm of Ontario Teachers’ Pension Plan, with participation from existing investors and new endowments including Vanderbilt University Endowment and […]
NEW YORK — MD Ally, a provider of 911 diversion, care, and navigation solutions, has raised a $14 million Series A funding round. This brings MD Ally’s total funding to $25 million. This round was led by Frist Cressey Ventures, founded by Senator Bill Frist and Bryan Cressey, and anchored by General Catalyst, with participation from Techstars, Seae Ventures, Red […]
NEW YORK — Cents, an all-in-one business management platform powering the way garment care small- and medium-sized businesses (SMBs) grow, manage, and understand their businesses, has closed a $40 million Series B funding round. The round was led by Camber Creek with participation from previous investors Bessemer Venture Partners and Tiger Global. Additional strategic investors in this round […]
NEW YORK — Octane (Octane Lending, Inc.), a company that helps customers finance major recreational purchases, has closed its Series E funding round with $50 million in new equity capital. Octane has raised $242 million in total equity funding to date. The capital will fuel Octane’s expansion into new markets, supercharge its growth in existing markets, and position the […]
NEW YORK — Perchwell, a developer of modern data and workflow platform for residential real estate, has raised $25 million in Series B financing. Lux Capital, who participated in the company’s Series A, is leading the funding and is joined by a group of strategic real estate and financial investors including Starwood Capital Group, Flex […]
NEW YORK — Legacy, a digital fertility clinic for men, has secured $7.5 million in financing to power its mission to make male fertility services more accessible, including through the fulfillment of two recently signed contracts to serve over nine million veterans. Advised by a group of the world’s top fertility experts, Legacy provides sperm testing and freezing via […]
NEW YORK — Linx Security, a company specializing in modern identity security and governance solutions, emerged from stealth and has raised $33 million in funding. The round was led by Index Ventures and Cyberstarts, with investors also including entrepreneurs Mickey Boodaei (Imperva, Trusteer, Transmit) and Rakesh Loonkar (Trusteer, Transmit), as well as Cerca Partners and […]
NEW YORK — Adaptive, a financial automation platform for the construction industry, has secured a $19 million Series A funding round. The construction industry, faced with unique accounting and compliance requirements, is plagued by chronic payment delays and cash flow crunches, introducing significant risk and inefficiency to the build process that together amount to an […]
GLEN COVE, NY — Standard Bots, a pioneer in robotics automation, has raised $63 million in total funding, with its recent Series B round led by General Catalyst with participation from Amazon Industrial Innovation Fund and Samsung Next. The company has already successfully launched its RO1 robotic arm and is now preparing to bring its […]