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.
Have notable company news that you would like included in The NYC Tech Week in Review? Send all pertinent details to WIR@alleywatch.com.
Mobile banking app Moven has raised $23M in Series B funding from investors that include SBI Group, TD Bank, and Westpac. Founded in 2011 by Alex Sion, Brett King, the company has now raised a total of $47.4M of funding over five funding rounds. The company has announced that it plans to acquired a bank and split the business into two.
We took a look at the NYC startups that raised the most capital during the month of January – The 10 Largest NYC Startup Funding Rounds of January 2018
Envelope City, the platform for real estate professionals that provides visual zoning analysis founded by Sarah Williams and Todd Sigaty in 2015, has raised $2M in seed funding.
We took a comprehensive look at venture capital activity in New York during the month of January – The January 2018 NYC and US Venture Capital and Early Stage Funding Report
Routehappy, the provider of unique data, content, and tools related to flights, has been acquired by Dulles, Virginia-based ATPCO, the data aggregation platform for airline fare data. Terms of the acquisition were not closed. Routehappy will continue to operate as a wholly owned subsidiary of ATPCO.
Founded by Robert Albert in 2011, Routehappy had raised a total of $8.3M in funding over four funding rounds. Investors in the company include iNovia Capital, Primary Venture Partners, Contour Venture Partners, Michael Lazerow, Vocap Investment Partners, and PAR Capital Management.
Furnishare, the platform for buying and selling used furniture founded by Alpay Koralturk in 2014, has raised $2M in Seed funding led by Lerer Hippeau with participation from Correlation Ventures and Max Ventures.
SuperPhone, the CRM for mobile phones, has raised $2.5M in additional funding from investors that include Transmedia Capital, The Yard Ventures, Fyrfly Venture Partners, and Marc Michel. Founded by Ryan Leslie in 2014, the company has now raised a total of $4M over two funding rounds.
BigID, the enterprise platform for the management customer data, has raised $14M in Series A funding from investors that include Comcast Ventures, Boldstart Ventures, SAP.iO Fund, and ClearSky Security Fund. Founded by Dimitri Sirota and Nimrod Vax in 2016, the company has now raised a total of $16.1M in funding over two funding rounds.
SkyWatch, the company observing Earth and deriving data from it, has raised $3.2M in Seed funding from Techstars Ventures, SK Ventures, Golden Venture Partners, Space Angels, Sinai Ventures, ARC Angel Fund, Globalive Capital. The company has raised 5 rounds to date.
Traillo, the grocery delivery service for local Hispanic supermarkets, has raised an undisclosed amount in Seed funding from undisclosed investors. This is the first round for founders Danny Reyes and Jose Salcedo.
Made Modern, the provider of kits, supplies, and apparel to inspire reactivity in children, has raised $3M in funding from Decathlon Capital Partners.
According to a recent SEC filing, SimpleReach, the content marketing and data platform for measuring ROI on content founded by Edward Kim, Eric Lubow, Russell and Bradberry in 2010, has raised an additional $4M in funding. This brings the company’s total funding raised to $28.2M over four reported rounds. Backers in the company include Atlas Venture, Wavemaker Partners, Social Starts, AngelPad, Village Ventures, Primary Venture Partners, MK Capital, and Spring Mountain Capital.