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 News this week including the fundings, exits, and events. Find out which NYC VC firm now has another $480M to invest and which startups raised over $200M.
Better Mortgage, the company simplifying mortgages, has raised $30M in Series A funding from 1/0 Capital, Pine Brook Partners, IA Ventures and Goldman Sachs for the company’s first round of funding.
Our friend at FirstMark Capital have announced the closing of two funds totaling $480M. The first fund is their fourth fund early stage fund of $275M. The second fund is an opportunity fund to support companies that are scaling that comes in at $205M. Companies in the FirstMark portfolio include NewsCred, Pinterest, AirBnB, Shopify, Tapad, and DraftKings.
Risk Focus, the company delivering trading, risk and cloud-enabling solutions, has raised $500K in Debt Financing for the founder’s, Vadim Gelman and Vassil Avramov’s, first round of funding.
Qloo, the company personalizing culture and entertainment, has raised $4.5M in Series A funding from Adriaan Ligtenberg, Pierre Lagrange, Barry Sternlicht and Leonardo DiCaprio. Jay Alger and Alex Elias have raised $7.5M over 3 rounds.
Yotpo, the review and marketing platform for online businesses, has raised a Series C round of $22M. Bessemer Venture Partners led the round with participation from Access Industries, Blumberg Capital, Vintage Investment Partners, Marker and Innovation Endeavors. Founders Tomer Tagrin and Omri Cohen have raised $50M over their 6 rounds of funding.
Wheels Up, the company providing the private aviation experience, has raised a Debt Financing round of $120.75M. Founders Bill Allard and Kenny Dichter had raised $115M just 9 months ago.
Rgenix, the preclinical pharmaceutical company, has raised $33M in Series B financing. Novo A/S and Sofinnova Partners led the round, which brings the company’s total funding received to $43.5M.
Crisis Text Line, the crisis line you can text, has raised a Venture round of $23.8M. Nancy Lublin’s company has received funding from Omidyar Network, the Ballmer Group, Melinda Gates and Reid Hoffman.
Eyeview, the video advertising company providing ROI for clients, has raised $21.5M in Series D funding led by Qumra Capital with participation from Lightspeed Venture Partners, GeminiIsrael Ventures, Nauta Capital, Innovation Endeavors and Marker LLC.
Proprly has entered into a service agreement with MetroButler, which provides concierge services for short term rental properties. “Today’s announcement is an important step forward for MetroButler’s long-term vision for growth, increasing MetroButler’s footprint in the New York City Airbnb host management market,” said MetroButler CEO and Cofounder Matt Lerner. “We are thrilled to welcome Proprly hosts into the MetroButler family, and look forward to bringing our know-how and excellent services to meet their needs. We are also confident this agreement will add valuable resources to our arsenal, making us even more efficient and effective for our existing clients.” Terms of the deal were not disclosed.
Collective, the company connecting marketers to audiences, has raised a Debt Financing round of $34M led by Columbia Partners Private Capital with support from iNovia Capital, Greycroft Partners and Accel. The company has raised a total of $90.4M to date.
Andela, the service providing the top 1% of African talent to companies, has raised $24M in Series B funding led by GV with participation from CRE Venture Capital, Learn Capital, Omidyar Network and Spark Capital.
Nanit, the smart baby monitor, has raised a $6.6M Seed round led by Mark Suster and participation from Upfront Ventures, AME Cloud Ventures, Flextronics International, 645 Ventures and RRE Ventures. This is Assaf Glazer’s First round raised for the company.
Flocabulary, the K-12 web based learning platform has raised a $1.5M Convertible Note from Rethink Education. This is the company’s first round of funding.
VisualPathy, the online VR content sharing service, has raised $500K in an Angel round for the company’s second round of funding.
Common, the company creating modern residential communities, has raised $16M in Series B funding led by 8VC with participation from Richard Lefrak, Circle Ventures, Wolfswood Partners, Inevitable Ventures and Solon Mack Capital. The company is looking to expand to Washington D.C and San Francisco.