Daily business news in the Great State of New York!
NEW YORK — Fireblocks, an enterprise platform for securing digital assets in transit, announced this week its launch out of stealth mode with $16 million in Series A funding from Cyberstarts, Tenaya Capital, Eight Roads (the proprietary investment arm of Fidelity International), Swisscom Ventures and MState. The company has offices in NY and Israel. Fireblocks’ customers, which count […]
NEW YORK — VidMob, which operates a full stack creative technology platform, has closed a $25 million Series B financing, bringing the company’s total capital raised to date to more than $45 million. This latest round of funding will be used to further develop VidMob’s award-winning technology solution, the Agile Creative Studio, aimed at helping marketers of […]
NEW YORK — Real Capital Analytics, Inc. (RCA), a provider of commercial real estate (CRE) data and analytics, has raised $115 million from Susquehanna Growth Equity (SGE). “This investment marks a new stage in our evolution and positions RCA for continued growth well into the future,” said Bob White, RCA’s founder and CEO. “My team and […]
NEW YORK — Away, maker of luxury suitcases for travelers, announced the close of a $100 million Series D investment round. The new investment gives the company a valuation of $1.4 billion and was led by Wellington Management Company LLP and includes Baillie Gifford, Lone Pine Capital, and one of the brand’s earliest investors Global […]
NEW YORK — LetsGetChecked, a direct-to-consumer at-home health testing platform and Apple Health partner, has closed a $30 million Series B funding round. LTP, a Boston-based growth equity investment firm focused on healthcare IT, led the round. Existing investors such as Qiming Venture Partners USA also participated in the round. LetsGetChecked will use this funding to continue scaling the company’s consumer brand […]
NEW YORK — UiPath, a robotic process automation (RPA) software company, has landed a staggering $568 million Series D investment round giving the company a valuation of $7 billion. The new funding was led by investment firm Coatue and joined by Dragoneer, Wellington, Sands Capital, and funds advised by T. Rowe Price Associates, Inc. Accel, who led […]
NEW YORK — 1stdibs.com, which operates a marketplace for luxury furnishings, jewelry, fine arts and vintage fashion, has secured a Series D funding round of $76 million. 1stdibs plans to use the proceeds to invest in its core business, grow adjacent categories, expand internationally and make strategic acquisitions. The round attracted both new and existing […]
NEW YORK — Fi, a Brooklyn-based dog technology company, is looking to reinvent the dog collar with GPS tracking and put an end to lost dogs. Fi said it also raised Series A financing of $7 million led by RRE Ventures with participation from existing seed investors Lerer Hippeau, Freestyle VC, and other prominent tech […]
NEW YORK – YieldStreet, the digital wealth management platform that offers access to alternative investments typically only available to institutions, has closed $62 million of Series B equity financing. The round was led by Edison Partners, with participation from Greenspring Associates, and existing investors Raine Ventures and a large multi-billion dollar NY family office. The […]
NEW YORK — Landit, which operates a personalized career platform, has closed $13 million in an oversubscribed Series A funding round led by WeWork and backed by investors including NEA, Valo Ventures, Workday Ventures and Gingerbread Capital. The round also included early seed investors: Cue Ball Capital, XFund, Female Founders Fund, Morgan Stanley, Uprising Investor […]
NEW YORK — LendingFront, a provider of small business lending software provider, has raised a $4 million Series A funding round led by Information Venture Partners with participation from Newark Venture Partners, Revel Partners, Contour Venture Partners and existing investors Struck Capital, ValueStream Ventures and Las Olas VC. The funding will be used to help […]
NEW YORK — Piano, a service that helps digital media companies monetize their brands, has raised a $22M Series B funding round, led by Updata Partners of Washington, DC. The Piano platform is comprised of an integrated suite of intelligent business tools and includes a subscription commerce engine (Piano VX), a customer experience toolkit (Piano Composer), […]
NEW YORK – Schrödinger, a privately held company working on new drug discovery through advanced molecular simulations, has closed an $85 million financing to support continued growth and innovation of its computational platform and expansion of its drug discovery pipeline. The Bill and Melinda Gates Foundation Trust and WuXi AppTec’s Corporate Venture Fund co-led the […]
NEW YORK & SEATTLE — Investment firm KKR and Altavair AirFinance, a leader in commercial aviation finance, have agreed to form a venture for leased commercial aircraft. KKR will make a $1 billion capital commitment primarily from its credit and infrastructure funds, which may be supplemented with additional commitments over time, to acquire commercial aircraft […]
NEW YORK — RapidSOS has secured a $30 million Series B funding round to expand its advanced emergency technology platform. The funding was led by Playground Global, with participation from Highland Capital Partners, M12 (Microsoft’s Venture Fund), Two Sigma Ventures, Forte Ventures, The Westly Group, CSAA IG, and notable individuals including three former FCC Chairmen and Ralph de la Vega – former […]