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AlleyWatch

The Pulse of New York Tech

#NYCtech Week in Review: 5/23/21 – 5/29/21

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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 the things that you may have missed in NYC Tech News for the week ending 5/29 including the NYC startup fundings, NYC startup exits, and NYC startup events featuring news for Axle, Hyro, and much, much more.

Noom
$540M - Series F


Noom, the digital health platform focused on behavior change for weight loss, has raised $540M in Series F funding from investors that include Sequoia Capital, RRE Ventures, Temasek Holdings, Samsung Ventures, Novo Holdings, Silver Lake, and Oak HC/FT. Founded by Artem Petakov and Saeju Jeong in 2008, Noom has now raised a total of $657.3M in reported equity funding.
Forter
$300M - Series F


Forter, the e-commerce fraud prevention platform, has raised $300M in Series F funding from investors that include Sequoia Capital, Bessemer Venture Partners, Salesforce Ventures, Scale Venture Partners, March Capital, NewView Capital, Tiger Global Management, Third Point Ventures, and Adage Capital Management. Founded by Alon Shemesh, Liron Damri, and Michael Reitblat in 2013, Forter has now raised a total of $525M in reported equity funding.
Bowery Farming
$300M - Series C


Bowery Farming, the vertical farming company, has raised $300M in Series C funding from investors that include General Catalyst, GV, GGV Capital, Temasek Holdings, Fidelity Management and Research Company, Lewis Hamilton, Chris Paul, Natalie Portman, Jose Andres, and Justin Timberlake. Founded by Brian Falther, David Golden, and Irving Fain in 2015, Bowery Farming has now raised a total of $472M in reported equity funding.
Ever/Body
$38M - Series B


Ever/Body, the startup making cosmetic dermatology services more accessible, has raised $38M in Series B funding from investors that include led by Tiger Global Management. Founded by Karen Castelletti and Kate Twist in 2018, Ever/Body has now raised a total of $55M in reported equity funding. AlleyWatch published an exclusive interview breaking the news of this funding round - Ever/Body Raises $38M as the Interest in Cosmetic Dermatology Surges

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Talos Trading
$40M - Series A


Talos Trading, the institutional crypto trading platform, has raised $40M in Series A funding from investors that include Andreessen Horowitz, Initialized Capital, Notation Capital, PayPal Ventures, Galaxy Digital, Illuminate Financial, Castle Island Ventures, Elefund, Fidelity Investments, Steadfast Capital, and Autonomous Partners. Talos Trading was founded by Anton Katz and Ethan Feldman in 2018.
Clearing
$20M - Seed


Clearing, a digital health platform for the management of chronic pain, has raised $20M in Seed funding from investors that include Founders Fund, Bessemer Venture Partners. Founded by Avi Dorfman, Jacob Hascalovici in 2020, Clearing has now raised a total of $24M in reported equity funding.
The Browser Company
$18.7M - funding according to a recent SEC filing


The Browser Company, the company that's building a brand new modern browser and browsing experience, has raised $18.7M in funding according to a recent SEC filing. The filing indicates that the total offering amount is $19.75M and that there were fifty-nine investors in this close. Investors in previous rounds include Box Group and Next Play Ventures. Founded by Hursh Agrawal, Josh Miller in 2019, The Browser Company has now raised a total of $23.7M in reported equity funding.
Solidus Labs
$20M - Series A


Solidus Labs, the financial risk monitoring platform for digital assets, has raised $20M in Series A funding from investors that include led by Evolution Equity Partners. Founded by Asaf Meir and Praveen Kumar in 2017, Solidus Labs has now raised a total of $23.5M in reported equity funding.
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SevenFifty
$23M - Series B


SevenFifty, the technology and data platform for the alcohol industry, has raised $23M in Series B funding from investors that include Level Equity Management. Founded by Aaron Sherman, Gianfranco Verga, and Neal Parikh in 2011, SevenFifty has now raised a total of $31.5M in reported equity funding.
Sharebite
$15M - Series A


Sharebite, the corporate food ordering platform, has raised $15M in Series A funding from investors that include led by Lafayette Square. Founded by Ahsen Saber, Dilip Rao, and Mohsin Memon in 2015, Sharebite has now raised a total of $23.9M in reported equity funding.
Axle
$10M - Series A


Axle, the provider of financing solutions to the logistics and freight industry, has raised $10M in Series A funding from investors that include Techstars, Plug and Play, FJ Labs, Crosslink Capital, Anthemis Group, and Tribeca Early Stage Partners. Founded by Bharath Krishnamoorthy and Shawn Vo in 2019, Axle has now raised a total of $14.2M in reported equity funding.
Hyro
$10.5M - Series A


Hyro, the provider of conversational AI solutions, has raised $10.5M in Series A funding from investors that include Entrepreneurs Roundtable Accelerator, Mindset Ventures, Spider Capital, Hanaco Venture Capital, Spero Ventures, and Twilio. Founded by Israel Krush and Rom Cohen in 2018, Hyro has now raised a total of $14.6M in reported equity funding.
Turntable.fm
$7.5M - Seed


Turntable.fm, a community built around DJing and social music, has raised $7.5M in Seed funding from investors that include led by Andreessen Horowitz. Founded by Billy Chasen in 2011, Turntable.fm has now raised a total of $14.5M in reported equity funding.

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Paperspace
$6.2M - funding according to a recent SEC filing


Paperspace, the high-performance cloud computing and ML development platform, has raised $6.2M in funding according to a recent SEC filing . The filing indicates that the total offering is for $10M and that there were thirteen investors in this close. Founded by Daniel Kobran and Dillon Erb in 2014, Paperspace has now raised a total of $29.7M in reported equity funding.
Flume Health
$6M - Seed


Flume Health, the health plan administration platform, has raised $6M in Seed funding from investors that include led by Crosslink Capital. Founded by Cedric Kovacs-Johnson and Vineeth Bhuvanagiri in 2017, Flume Health has now raised a total of $10.2M in reported equity funding.
ARTA
$4.5M - Seed


ARTA, the logistics and fulfillment provider for collectibles and high-value goods, has raised $4.5M in Seed funding from investors that include Gaingels, Flight Ventures, and Corazon Capital. Founded by Adam Fields in 2015, ARTA has now raised a total of $8.5M in reported equity funding.
Rockets of Awesome
$3.5M - funding according to a recent SEC filing


Rockets of Awesome, the direct-to-consumer children's apparel brand, has raised $3.5M in funding according to a recent SEC filing. The filing indicates that the total offering for $4M and this close comes from seventeen investors. Investors in previous rounds include General Catalyst, Lerer Hippeau, August Capital, Forerunner Ventures, SignalFire, Female Founders Fund, and Brand Foundry Ventures. Founded by Rachel Blumenthal in 2016, Rockets of Awesome has now raised a total of $52.5M in reported equity funding.
Kalo
$3.5M - funding according to a recent SEC filing


Kalo, the online platform to manage freelance workforces, has raised $3.5M in funding according to a recent SEC filing. The filing indicates that this round comes from twenty-two investors. Investors in previous rounds include Valar Ventures, Kindred Capital, and Techstars. Founded by Peter Louis Johnston in 2014, Kalo has now raised a total of $31.7M in reported equity funding.

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Dot Align
$1.1M - funding according to a recent SEC filing


Dot Align, the startup providing productivity and relationship insights, has raised $1.1M in funding according to a recent SEC filing. The filing indicates that the total offering is for $1.6M and that there were eighteen investors in this close. Founded by Vince Scafaria in 2009, Dot Align has now raised a total of $7.3M in reported equity funding.
AdNode
$775K - funding according to a recent SEC filing


AdNode, a blockchain-based platform that's bringing transparency to digital advertising, has raised $775K in funding according to a recent SEC filing. The filing indicates that the total offering is for $1.5M and that there were twelve investors in this close. AdNode was founded by Michael Rodov in 2018.
Realio
$537K - funding according to a recent SEC filing


Realio, the blockchain-enabled issuer, fund manager and technology provider focused on real estate private equity transactions, has raised $537K in funding according to a recent SEC filing. The filing indicates that the total offering is for $17M, the transaction is structured as a convertible note, and there were twelve investors in this close. Realio was founded by Aaron Gooch, Derek Boirun, and Marcelo Moyano in 2018.
Split
$540K - funding according to a recent SEC filing


Split, a cashback referral shopping app, has raised $540K in funding according to a recent SEC filing. The filing indicates that this close comes from a sole investor and the total offering is $1M. Founded by Alex Stone in 2014, Split has now raised a total of $1.94M in reported equity funding.
Make an impact on your bottom line and drive leads in 2021!


The AlleyWatch audience is driving progress and innovation on a global scale. There are a number of options to reach this audience of the world's most innovative organizations and startups at scale including strategic brand placement, lead generation, and thought leadership in front of an audience that comprises the vast majority of key decision-makers in the NYC business community and beyond. Learn more about advertising to NYC Tech, at scale.

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