Daily business news in the Great State of New York!
NEW YORK & HAIFA, ISRAEL — Augury, an IOT and AI-driven Machine Health solution provider, has secured $180 million in new funding bringing the company’s post-funding valuation to over $1 billion. With this round, Augury has raised a total of $286 million to date. Augury’s mission is to build a world where people can always […]
NEW YORK — New York-based fintech startup, Extend, has raised a $40 million Series B fundraising round led by March Capital and backed by B Capital, Point72 Ventures, Fintech Collective, Reciprocal Ventures, Wells Fargo, and Pacific Western Bank. Founded in 2017, Extend’s mission is to modernize the payments industry from the inside out. To date, Extend […]
NEW YORK — Rowan, a female-founded startup powering the future of ear piercing, has scooped up $20 million Series B funding led by VMG Partners. Additional investors include Thirty Five Ventures, TABLE Management, Beechwood Capital, Silas Capital, Goldcrest Capital and entrepreneur Sara Foster. With the capital, Rowan will expand its brick-and-mortar footprint, with locations in […]
NEW YORK — HistoWiz, a digital histopathology service company, has raised $32 million in Series A financing. Histopathology is the study of diseases of tissue in the body. The company has provided automated histology for over 1000 customers in academia and industry and built PathologyMap, an intelligent tissue platform that hosts the world’s largest preclinical […]
NEW YORK — Mundi, a financial services platform for cross-border trade, has raised a $100 million warehouse facility from Silicon Valley Bank This will enable the company to expand and support its growth. “We are very excited to partner with Silicon Valley Bank in advancing our mission to empower SMEs to trade globally,” said Martin […]
NEW YORK — Electric, a provider of IT technology for small and medium-sized businesses, has raised $90 million in Series D funding. Existing investor GGV Capital led the round, with participation from existing investors Bessemer Venture Partners, Primary Venture Partners, Greenspring Associates, 01 Advisors, Atreides Management, Vintage Investment Partners and Slack, bringing Electric’s total amount raised […]
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 […]