Daily business news in the Great State of New York!
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 […]
NEW YORK — Shaped.ai, an AI recommendation and search platform for marketplaces, e-commerce, and content companies, has raised $8 million in funding and launched their new self-serve cloud product. Founded by AI veterans from Meta and Uber, Shaped helps enterprises leverage their own data, tap into large language models, and quickly and securely build relevant […]
NEW YORK — Canoe Intelligence, the financial technology company powering smarter alternative investment management, has completed a Series C financing round of $36 million, led by Growth Equity at Goldman Sachs Alternatives with participation from existing investors F-Prime Capital and Eight Roads. This latest round marks a significant milestone for Canoe, representing a more than […]
NEW YORK — Zoi Capital, a venture capital firm specializing in artificial intelligence (AI) solutions for healthcare, has raised $200 million for their Health AI Fund I. Founded by Mayo Clinic-trained cardiologist Dr. Ronald M. Razmi and Brian K. Beeler, former Executive VP and General Counsel of Horizon Therapeutics, the co-founders and Managing Directors share more than 50 […]
NEW YORK — Gynger, which has developed an embedded financing platform for technology purchases, has raised $20 million in Series A funding, led by PayPal Ventures, with participation from Gradient Ventures, Velvet Sea Ventures, BAG Ventures and Deciens Capital. Gynger plans to use the new funding to scale its team and operations and accelerate its vision of transforming […]
NEW YORK — K Health, an AI Primary Care platform, has raised $50 million in funding led by Claure Group, with participation from investors including Pablo Legorreta (founder and CEO of Royalty Pharma), and existing investors Mangrove Capital Partners, Valor Equity Partners, and Atreides Management, LP. Primary care is a critical part of the US […]
NEW YORK — Adonis, a healthcare financial technology platform based in New York City, has raised $31 million in Series B financing led by Point72 Private Investments. Point72 is run by Steve Cohen, owner of the New York Mets. Point72 Private Investments was joined by new investor Kin Ventures, along with existing investors General Catalyst, […]
NEW YORK — Anterior, a company using AI to transform healthcare administration, has completed a $20 million Series A funding round. The funding round was led by New Enterprise Associates (NEA), with participation from Sequoia Capital, Blue Lion Global, and Neo. Previously named Co:Helm, the company recently rebranded to Anterior. Anterior is on a mission to unlock doctors and […]
NEW YORK — iVerify, the leader in advanced mobile Endpoint Detection and Response (EDR) solutions, has closed $12 million in Series A funding led by Shine Capital with participation from Exponential Founders Capital, Mischief Ventures, Box Group, Parameter Ventures, Talons Ventures, and Trail of Bits. The new investment will scale the company’s go-to-market operations and […]
NEW YORK — JOGO Health, a medical technology company treating chronic pain and neuromuscular disorders, has closed over $5.5 million in an investment round led by Hourglass Ventures. Due to high demand, the company is opening the round to public retail investors via a Regulation CF community investment round on Wefunder, inviting retail investors to […]
NEW YORK — HYPR, a cybersecurity company, has announced a $30 million investment from Silver Lake Waterman to drive accelerated advancements in technologies to combat the rising threat of generative AI-driven credential-based attacks. HYPR specializes in passwordless authentication solutions and support for its policy risk and identity verification products. Recent research findings from HYPR reveal that 60% […]
NEW YORK — AlphaSense, a market intelligence and search platform, has announced an agreement to acquire Tegus, a leading provider of expert research, unique private company content, and financial data and workflow tools. This transaction will bring Tegus’ breadth of private company data to AlphaSense’s platform, further delivering on the companies’ shared mission to empower business and […]