Seed, seed, seed edition…
With so much going on in the city’s thriving ecosystem, it is easy to miss some of the happenings in the space. We keep you abreast of a few of things that you may have missed in NYC Tech this week including the fundings, exits, and events.
Abacus Labs, whose software makes it simple and easy for businesses to reimburse their employees for company expenses, has raised $3.5 million in seed funding in a round led by Bessemer Venture Partners and General Catalyst Partners. Other participants in the round include CrunchFund, FundersClub, Google Ventures, Homebrew, Sherpalo Ventures and a number of individual investors, including Naval Ravikant, Paul Buchheit, Stripe cofounder John Collison and the entertainer Nas.
Location, location, location.
If you were looking for an investor this week, New York’s finest were certainly present in full force at the New York Venture Capital Association’s Ingenuity Conference.
This week, we took a look at some of the people shaping the Internet of Things revolution in NYC. You can see it here – 21 People in IoT in NYC You Need To Know About
Curioos, a curated online marketplace for digital art, enabling people to discover and buy artworks created by digital artists around the world, has raised $1.9 million from an unnamed family office.
PowerLinks, a programmatic native ad platform, raised a “super seed” round of $2.75 million from private investors in the UK and Europe to further its US expansion. The company has offices in London and New York.
Innovation officially has a new home in Lower Manhattan.
Opening in Spring 2015, technology’s LMHQ will be a 12,500 square foot event, meeting and social gathering space for creatives and creators to meet, collaborate and accelerate their growth.
You can find more information and keep up with the latest developments here.
That’s a lot of room for innovation!
Seen, a company that’s on a mission to connect people more deeply to the world and our collective stories by making every event visible, has raised $1.3 million in a seed funding round co-led by Horizons Ventures and KEC Ventures. Other investors include Scott and Cyan Banister, Matt Rolandson, Sam Tripodi, Andrew Rasiej, Cantora Records, Thatcher Bell, and earlier investor BoxGroup.
The venture capital community assembled for the third annual Capital on Stage event this week where the tables were turned and the investment community pitched startup founders. The day included discussion from David Rose, Daniel Schultz, David Teten, Kathleen Utecht, and many other investors from the NYC community.
Image credit: @ShabnamRezaei via Twitter
Socure, a company that provides social biometric solutions to validate a person’s identity by analyzing their largely public track record of Internet usage to protect against identity fraud, has raised $2.5 million in Series A funding led by ff Venture Capital, with participation from Founder Collective and Two Sigma Ventures.
LedgerX, a startup that’s building the “the first regulated, compliant derivatives exchange” for cryptocurrencies such as Bitcoin, has raised an undisclosed amount of funding from Google Ventures and Lightspeed Venture Partners.
Keen Home, which came out of R/GA Connected Devices Accelerator powered by TechStars, has raised $1.52 million in seed funding. The round was led by RMR Capital, with participation from R/GA Ventures, Bullet Time Ventures, NYU Innovation Venture Fund, Rugged Ventures, Galvanize Ventures, Brand Foundry Ventures, American Family Ventures and Comporium. The company makes connected vent covers that allow users to you control what rooms get heat or cooling, based on their needs.