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 for the week ending 1/19 including the NYC startup fundings, NYC startup exits, and NYC Tech events including news for Infor, The Farmer’s Dog, Wellthy, and much more…
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Infor, the enterprise-focused cloud platform that builds specialized software for industries, has raised $1.5B in funding from Koch Equity Development and Golden Gate Capital. This funding brings Infor’s total reported equity funding to $4B as it prepares itself for a future IPO. Infor was founded in 2002 by Jim Schaper, who serves as Chairman today. Check out our full coverage in an exclusive interview with Charles Phillips, CEO of Infor – Infor Raises Another $1.5B as it Prepares to be the Largest NYC Tech IPO in History
Pet food company The Farmer’s Dog has $39M in Series B funding bringing its total funding raised to $49.1M. Read the full details on the funding in our exclusive interview with the founders for The Farmer’s Dog’s Series B funding.
HyperScience, AI-powered automation platform, has raised $30M in funding from investors that include Battery Ventures, Felicis Ventures, Global Founders Capital, FirstMark, Stripes Group, QBE Insurance Group, and TD Ameritrade. Founded by Krasimir Marinov, Peter Brodsky, and Vladimir Tzankov in 2014, HyperScience has now raised a total of $48.9M in funding over four rounds.
The software company Spell is making machine learning accessible to every company, and it raised $15M in a Series A round led by Eclipse and Two Sigma Ventures. This two-year-old startup was founded by Serkan Piantino and Trey Lawrence.
Rekt Global, the e-sports focused community and platform, has raised $10.8M in Series A funding from investors that include Steve Aoki, Larry Rudolph, Nick Gross, Mac Reynolds, Jonny Gordon, and Bret Disend. ReKTGlobal was founded in 2016 by Amish Shah.
Wellthy, the platform solutions for managing chronic and elder care, has raised an additional $5.2M in funding according to a recent SEC filing. The filing indicates that the round is now closed and that there were fourteen participants in the round. Wellthy was founded by Kevin Roche and Lindsay Jurist-Rosner in 2014 and has now raised a total of $11.8M in funding over three funding rounds. Investors in previous rounds include FJ Labs, AGO Partners, HBS Alumni Angels, Sweet Capital, HearstLab, and Jonathan Bush.
ATeam Army has raised $3.5M in funding according to a recent SEC filing. The filing lists Akin Akman, a very prominent Soul Cycle instructor in New York, and Trey Laird, the founder of fashion-focused ad agency Laird + Partners, as Executives and Parker Hayden, a Managing Director at Mousse Partners and formerly at Carlyle Group, as a Director. The filing indicates that fifteen participants have already participated and the total offering is for $8M with approximately $4.5M remaining in the round.
The NYC startup creating the essentials to enhance peoples sex life, Maude Group raised $1.5M in Seed funding from investors that include Sriram Krishnan, RRE Ventures, Outbound Ventures, and Niv Dror. Maude Group was founded by Dina Epstein and Eva Golcochea.
Wana, a yet-to-launch startup, has raised $325K in funding in the form of a SAFE note according to a recent SEC filing. The filing lists Nicole Krinick, a real estate broker, as a Director and indicates that there were seven participants in this financing.