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.
Brabble, the Brooklyn based creator of a social network that has the potential for integrated ecommerce features, has raised $5M in funding.
CTRL-labs, the startup that use neurons and brain wave activity to produce tangible real-world activity, has raised $28M in funding from investors that include GV, Matrix Partners, Founders Fund, Spark Capital, Lux Capital, Vulcan Capital, Fuel Capital, Breyer Capital, and Amazon Alexa Fund. Founded by Patrick Kaifosh, Thomas Reardon, and Timothy Machado in 2017, CTRL-labs has raised a total of $38M in funding over two rounds.
We took a look at the largest NYC funding rounds of May – These are the 15 Largest NYC Startup Funding Rounds of May 2018
Emogi, the content engine that provides relevant, contextual emojis for messaging founded by Travis Montaque in 2012, has raised $12.8M in funding according to a recent SEC filing. The filing indicates that 42 parties participated in the round. The company had previously raised a total of $6.2M over two rounds.
Venture firm Collaborative Fund has raised $100M for its fourth fund. The firm was founded by Craig Shapiro in 2010. Collaborative IV will continue the same thesis of investing in companies that have some social good component in addition to being real businesses that generate revenue. The firm has invested in over 90 companies and portfolio companies include By Chloe, Daily Harvest, GoTenna, Grand St., Hopscotch, Modern Meadow, Outdoor Voices, Skillshare, and Tala as well as exits in companies that include TaskRabbit, Earnest, , Exo Protein Bars, Placemeter, and Grand St., and Wander.
According to a recent SEC filing, Satisfi, the AI platform that builds enterprise level solutions that have a number of varied uses, has raised $1M in funding. The filing indicates a single party that participated in the round. Satisfi was founded by Don White, Randall Newman, and Rungson Samroengraja in 2016.
We took a look at the latest NYC tech hirings, lateral moves, and appointments for NYC companies covering 5/15/18 to 5/31/18.
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Visual mapping startup Plectica has raised $462K in funding according to a recent SEC filing.
According to a recent SEC filing, ForwardLane, the AI startup that brings solutions to those in the financial services industry, has raised $4.75M in additional funding. The company founded by Nathan Stevenson in 2015 had previously raised $1M.
The Block, the community for the cryptocurrency and blockchain community founded in 2018, has raised $2M in funding.
Alpha, the enterprise product validation platform, has raised $10M in Series A funding from investors that include Calibrate Ventures, Cendana Capital, Spider Capital Partners, and Crosslink Capital. Founded by Michael Bamberger, Nis Frome, and Thor Ernstsson in 2014, Alpha has now raised a total of $14.6M in funding.
Paxos, the fintech company bringing blockchain solutions to financial institutions that was founded by Charles Cascarilla and Richmond Teo in 2013, has raised $65M in Series B funding. Paxos has now raised a total of $93.3M in funding over three funding rounds and this round includes investment from RRE Ventures and Liberty City Ventures.
Hello Alfred, the in-home concierge service, has raised $40M in Series B funding from investors that include New Enterprise Associates, Spark Capital, Invesco, Moderne Ventures, Solon Mack Capital, and DivcoWest. Founded in 2014 by Jessica Beck and Marcela Sapone, Hello Alfred has now raised a total of $52.5M in funding over four funding rounds.
R3, the company building a new operating system for the financial services industry built on the blockchain, has raised $5M in funding led by CLS. Founded by David Rutte and Todd McDonald 2014, R3 has raised a total of $112M in funding over four funding rounds.
FitSafe,the risk management platform for fitness and sports exposure founded by Jeff Halevy in 2016, has raised $250K in funding from SterlingRisk.
Trilogy Education Services, the while label digital skills training programs for universities founded by Dan Sommer in 2015, has raised $50M in Series B funding from investors that include Highland Capital Partners, Macquarie Group, and Exceed Capital Partners. In total, Trilogy Education Services has now raised $80M.
According to a recent SEC filing, neMedIO, the platform to get medical devices to market faster, has raised $1M in funding. The filing lists Sabrina Varnelli as CEO and indicates there were 8 parties that invested in the offering.
Voltaiq, the comprehensive platform designed to improve battery production and performance, raised $6.6M in Series A funding led by Anzu Partners with participation from investors that included UL Ventures, SJF Ventures, and Bee Partners. This brings the total funding amount to $8.6M over four rounds since its 2012 founding by Eli Leland, Ethan Leland, and Tal Sholklapper.
Honest Buildings is the project management platform purpose-built for commercial real estate owners and managers. Founded in 2012 by Garrett Kubiak, James Roberts, and Riggs Kubiak, it raised $5M in a second Series B extension from First Capital Reality, which brings the total funding amount to $47.8M over 10 rounds.