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Home AlleyTalk #NYCTech

#NYCtech Week in Review: 12/31/17 – 1/6/18

AlleyWatch by AlleyWatch
#NYCtech Week in Review: 12/31/17 – 1/6/18
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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.

CLICK HERE TO SEE WHAT HAPPENED IN NYC TECH LAST WEEK


Have notable company news that you would like included in The NYC Tech Week in Review? Send all pertinent details to WIR@alleywatch.com.


According to a recent SEC filing, ReWoven, a recently incorporated company, has raised $500K in funding. Listed as Executive Directors in the filing are Hubble Contact cofounders Jesse Horwitz and Benjamin Cogan along with William Herlands. Listed as Directors are investors Rick Hetizmann of Firstmark Capital, Joshua Kazam of Two River, and Drew Tarlow of Wildcat Capital Management, which represents the family office of David Bonderman.

 


According to a recent SEC filing, Rockets of Awesome, the online destination to purchase kid’s clothing founded in 2016 by Rachel Blumenthal, has raised $6M in additional funding. This brings the total funding for the company to $25.5M over three rounds. Investors in the previous rounds include General Catalyst, August Capital, Forerunner Ventures, Female Founders Fund, Sterling.VC, Launch Incubator, and Gwyneth Paltrow.

 


According to a recent SEC filing, BlockFi, the platform that lets you collateralize crypto holdings, has raised $650K in funding. The company was founded by Zac Prince (Cognical, Orchard, and Admeld) and Flori Marquez in 2017.

 


According to a recent SEC filing, MEND Marketplace, an online recovery center and store for cancer patients, has raised $355K in funding. The company was founded by ad veteran Lisa Lefebvre in 2017.

 


According to a recent SEC filing, Blue Bite, location-based out-of-home mobile targeting solution, has raised $2.1M in funding. Founded by Thomas Duncan in 2007, the company has now raised a total of $4.625M in reported funding over two rounds.

 


Quartet, the startup that bridges physical and mental healthcare, has raised $40M in Series C funding from investors that include, GV, Polaris Partners, F-Prime Capital Partners, Deerfield Management and Oak HC/FT. This brings the total funding raised to $8&M over three rounds for the company founded by Arun Gupta and Steve Shulman in 2014.

 


MoneyLion, the personal finance and consumer lending platform, has raised $42M in Series B funding from investors that include Edison Partners, Greenspring Associates, FinTech Collective, Danhua Capital, and Grupo SURA. This brings the total funding raised to date to $67.5M over four rounds for the company founded by Chee Mun Foong, Diwakar Choubey, and Pratyush Tiwari in 2013.

 


According to a recent SEC filing, eChalk, the communication and instruction platform for school communities, has raised $200K in additional funding. The company was founded in Torrance Robinson in 1999 and previous received $1.75M in funding in March of 2016 from investors that include Edison Partners.

 


According to a recent SEC filing, Cityblock Health, the community based healthcare facilitator for underserved urban populations founded in September of 2017, has raised $6.1M in funding.

 


According to a recent SEC filing, Baby Generation, a recently incorporated company, has raised $500K in funding. Listed as Executive Directors in the filing are Hubble Contact cofounders Jesse Horwitz and Benjamin Cogan along with Eric Osman, who just left his role at Harry’s. Listed as Directors is investor Joshua Kazam of Two River. Of note, a similarly-sized investment was filed yesterday that included Cogan, Horwitz, and Kazam for a company called ReWoven.

 


According to a recent SEC filing, Giphy, has raised an additional $1M in funding. The company was founded by Alex Chung and Jace Cooke in 2013 and has raised over $150M in funding.

 


Elucd, the GovTech company providing cities with near-realtime relevant data, has raised $1M led Omidyar Network and Y Combinator with participation from Lee Linden, Grape Arbor VC and Bragiel Brothers. The Seed round is the first for the company.

 


OhMD, the mobile messaging app for healthcare providers, has raised $1M in Seed funding from undisclosed investors for the company’s fourth round of funding.

 


Advocate, the company connecting citizens towards the goal of political engagement, has raised an undisclosed amount in Seed funding for the company’s second round of funding.

 


Frank Financial Aid, the online platform that automates the process of applying for student loans using FAFSA, has raised $10M in Series A funding from investors that include Reach Capital, Aleph, and Apollo Global Management. Founded in 2016 by Charlie Javice, the company has now raised a total of $15.5M over two funding rounds.

Tags: AdvocateAlephApollo Global ManagementBaby GenerationBlockFiBlue BiteBragiel BrothersCityblock HealthDanhua CapitalDeerfield ManagementeChalkEdison PartnersElucdF-Prime Capital PartnersFinTech CollectiveFrank FinancialGiphyGrape Arbor VCGreenspring AssociatesGrupo SURAGVLee LindenMEND MarketplaceMoneyLionOak HC/FTOhMDOmidyar NetworkPolaris PartnersQuartetReach CapitalReWovenRockets of AwesomeY Combinator
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