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.
CLICK HERE TO SEE WHAT HAPPENED IN SILICON ALLEY LAST WEEK
Oscar, the online health insurance company that focuses heavily on technology, design, and data, has raised $145 million in Series B funding led by Peter Thiel and Brian Singerman at Founders Fund.
This latest round of funding brings the company’s valuation to $1B+. Is this New York’s latest unicorn?
When a certain New York venture capitalist recently tweeted: ‘Serious question – SaaS female founders in NYC. Do they exist?’ – it touched off a mini-tweetstorm. Sensing an opportunity to shine a spotlight for the masses, we took a look at 30 SaaS Women Founders in NYC That You Should Know.
Q1 numbers are in and it was a massive quarter for funding in NYC with a pleothra of late stage funding. Check out all the numbers in The 2015 Q1 NYC and US Venture Capital and Early Stage Historical Funding Report.
Flashpoint, a security service that provides its customers with data and threat intelligence about areas on the internet where mainstream search engines are unable to penetrate (aka the Deep and the Dark Web), has raised $5 million in Series A funding led by TechOperators, with participation from Bloomberg Beta, Cisco Investments, Greycroft Partners, and K2 Intelligence.
Could your startup use an extra $150K? Visa is running 3 challenges, taking no equity, and letting you retain intellectual property. Take a look at all the details – Visa Is Giving Away $150K to Startups. Here Is How to Get It But You Gotta Act Fast
InTurn, a marketplace that funnels end-of-season and excess inventory to retailers in private, online showrooms, has raised $3.6 million in Series A funding led by Forerunner Ventures, with participation from Novel TMT Ventures, LererHippeau Ventures, T5 Capital, Ariba cofounder Bobby Lent and earlier investor Beanstalk Capital.
OpenFin, a company that provides runtime technology for financial desktops, has raised $3 million in Series B funding from Bain Capital Ventures, Pivot Investment Partners, Nyca Partners, CrisConde and Tom Glocer.
OpenFin is a graduate of the First Growth Venture Network, a New York based accelerator, and the FinTech Innovation Lab.
The company was incubated by the Interpublic Group as part of its Labs program, which develops new technologies to solve client challenges.
Honey Founder and CEO Rachel Kaplowitz is also a 2015 New York Venture Fellow.
ValueStream is launching ValueStream Development Lab, a startup accelerator purpose-built to service the needs of innovative technology and data providers to the Financial Services industry.
ValueStream will now provide between $100,000 and $1.5 million in funding per portfolio company, to be deployed over two rounds of financing.
They’re also now accepting applications.
#StartupColumbia took place this past week, and as we like to say, Oh who owns New York? The university’s Second Annual Entrepreneurship Festival celebrated New York entrepreneurship and awarded a record-setting $250,000 in prizes – and drew a record-setting number of student and alumni applicants.
Roar, lion, roar!
Yodle, a leader in local online marketing,and whose mission it is to help local businesses find and keep their customers in the simplest, most profitable ways imaginable, is celebrating its nearly 10 years in business by expanding. The company has left the Flatiron District and just relocated to a larger new space in midtown.
Looks like tech is moving up in the world.
Yodle has been named to the Forbes list of America’s Most Promising Companies for the last four years.
Untapt, the first automated recruiting platform exclusively focused on connecting financial services companies with tech talent, has raised $3 million in Series A funding led by Tsai Capital, with participation from SenaHill Investment Group.
Coworking space Cowork.rs is expanding…and expanding. Seems it’s not just another pretty space, and is not only opening their Brooklyn location soon. They’re also opening a location at 55 Broadway, which will include the building’s entire mezzanine level, fourth floor and a part of the third floor – for starters – and will soon announce yet another downtown location.
FiDi is affordable for young startups, after all, and Cowork.rs has a reputation for accommodating its tenants as they expand.
This past week’s C was held at Cowork.rs and focused on video ad trends ahead of the Digital Content New Fronts, covering what’s next in video advertising. The event, organized by ad tech PR firm Kite Hill PR, included panelists Alon Golan from Innneractive, Aleck Schleider from Videology, and was moderated by The Video Ink’s Sahil Patel.