#NYCtech Week in Review: 11/8/20-11/14/20

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 the things that you may have missed in NYC Tech News for the week ending 11/14 including the NYC startup fundings, NYC startup exits, and NYC Tech events featuring news for LiquidX, Better.com, and much more…

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Better.com, the digital mortgage platform, has raised $200M in Series D funding from investors that include L Catterton, American Express Ventures, 9Yards Capital, Activant Capital, Ping An Global Voyager Fund, and Ally Financial. Founded by Eric Wilson, Erik Bernhardsson, Shawn Low, Viral Shah, and Vishal Garg in 2016, Better.com has now raised a total of $454M in reported equity funding. This funding comes at a reported $4B post-money valuation.

Bentobox, the mobile operations platform for restaurants, has raised $28.7M in funding according to a recent SEC filing. The filing indicates that this round comes from eight investors. Investors in previous rounds include Techstars, Right Side Capital Management, LaunchCapital, Techstars New York City Accelerator, Bullpen Capital, RiverPark Ventures, Haystack, Golden Seeds, Female Founders Fund, Jason Finger, TIA Ventures, Clark Valberg, Armory Square Ventures, Paul Appelbaum, Ben Leventhal, Fresh Source Capital, and Camilla Marcus Siegel. Founded by Krystle Mobayeni and Pierre Drescher in 2013, Bentobox has now raised a total of $52.4M in reported equity funding.

Kaden Health, the digital behavioral health company dedicated to combatting the opioid crisis, has raised $19M in funding according to a recent SEC filing. The filing indicates that there were thirty-four investors in this round. Kaden Health was founded by Dave Henderson, Aran Ron, Christopher Viagrande, and Steve Kessler in 2018.

Levels, the metabolic fitness company that tracks blood glucose in real-time, has raised $12M in funding according to a recent SEC filing funding. Levels was founded by Andrew Conner, Casey Means, David Flinner, Josh Clemente, and Sam Corcos in 2019.

KINETIC, the wearable technology company focused on industrial safety, has raised $11.25M in Series A funding from investors that include Crosslink Capital, Prologis, Ubiquity Ventures, Primary Venture Partners, and Nationwide Insurance. Founded by Aditya Bansal and Haytham Elhawary in 2014, KINETIC has now raised a total of $17.4M in reported equity funding.

Maestro, the software platform to maximize the value of private equity-backed companies, has raised $7.2M in Series A funding from investors that include S&P Global Market Intelligence and Accordion Partners. Maestro was founded by Jon Apter and Nick Leopard in 2019.

LiquidX, the exchange platform for the trading of trade finance assets, has raised $7M in funding according to a recent SEC filing. The filing indicates that this round comes from twenty-three investors. Broadridge invested in a previous round. Founded in 2015, LiquidX has now raised a total of $27M in reported equity funding.

Roots Automation, the bots-as-a-service platform for digital workers to offload repetitive tasks through robotic process automation, has raised $3.2M in Seed funding from investors that include Vestigo Ventures. Roots Automation was founded by Chaz Perera and John Cottongim in 2018. Read our exclusive interview with Chaz Perera .

Tradewell, a stealth fintech startup, has raised $3M in funding according to a recent SEC filing. The filing indicates that the total offering is for $3.25M and that there were twenty-two investors in this close. Tradewell was founded by Alexander Reyfman and Michael Wong (both previously credit trading specialists at Barclays) in 2020.

Edquity, the platform that provides emergency financial aid for students during times of need, has raised $2.6M in funding according to a recent SEC filing. The filing indicates that the total offer is for $3M, that there were six investors in this close, and that this transaction is structured as a convertible note. Investors in previous rounds include Omidyar Network, Queen City Fintech, Financial Solutions Lab, Stacked Capital, ECMC Foundation, Michelson 20MM Foundation, Lumina Impact Ventures, and Spring Point Partners. Founded by David Helene in 2016, Edquity has now raised a total of $6.8M in reported equity funding.

OthersideAI, an AI tool that will write emails for you, raised $2.6M in a Seed round led by Madrona Venture Group. Additional investors include Hustle Fund, Active Capital, and Chapter One Ventures. OthersideAI was founded by Matt Shumer, Miles Feldstein, and Jason Kuperberg in 2020.

Supersocial, the interactive gaming company focused on the metaverse, has raised $1.9M in funding according to a recent SEC filing. The filing indicates that this round comes from twelve investors. Ken Lab of Initial Capital is listed as a Director. Supersocial was founded by Yonatan Raz-Fridman in 2020.

#NYCtech Week in Review: 11/8/20-11/14/20

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