The latest venture capital, seed, pre-seed, and angel deals for NYC startups for 9/13/2023 featuring funding details for Usage AI, Layup, and much more. This page will be updated throughout the day to reflect any new fundings.
Usage AI – $9M
Usage AI, a cloud computing cost optimization platform, has raised $9M in venture funding from investors that include JAM Fund, Backend Capital, Amity Ventures, and 10vc. Usage AI was founded by Kaveh Khorram in 2020.
Layup – $2.3M
Layup, a challenger bank offering prize-linked savings accounts for sports fans, has raised $2.3M in Seed funding from investors that include Continental Investment Partners, Chicago Ventures, and (ERA) Entrepreneurs Roundtable Accelerator. Layup was founded by Owen Monagan and Oisin Tiernan in 2022.
Mm-hmm, sure. So, what’s the catch?
We know it may sound too good to be true. But thousands of investors are already smiling all the way to the bank, thanks to the fine-art investing platform Masterworks.
These results aren’t cherry-picking. This is the whole bushel. Masterworks has built a track record of 16 exits, including net returns of +10.4%, +27.3%, and +35.0%, even while financial markets plummeted.
But art? Really? Okay, skeptics, here are the numbers. Contemporary art prices:
- outpaced the S&P 500 by 131% over the last 26 years
- have the lowest correlation to equities of any asset class
- remained stable through the dot-com bubble and ’08 crisis
Got your attention yet? Alleywatch readers can skip the waitlist with this exclusive link.
Prelude – $2.6M
Prelude, a purchasing and inventory management platform for the cannabis industry, has raised $2.6M in funding according to a recent SEC filing. The filing indicates that the total offering is for $3M and there were five investors in this close. Founded by Michael E. Murphy and Andrew Copp in 2021, Prelude has now raised a total of $5.2M in reported equity funding.
Rize Education – $4.5M
Rize Education, a higher education platform that enables independent to deliver lower cost for academic programs and degrees, has raised $4.5M in funding according to a recent SEC filing. The filing indicates that the total offering is for $5.5M and there were five investors in this close. Founded by Connor McCarthy and Kevin Harrington in 2015, Rize Education has now raised a total of $13M in reported equity funding.
HIVE Diversity – $675K
HIVE Diversity, a virtual recruiting platform that connects companies to entry-level and early career applicants from diverse backgrounds, has raised $675K in funding according to a recent SEC filing. The filing indicates that the total offering is for $4M and this close comes from a sole investor. Founded by Byron Slosar in 2020, HIVE Diversity has now raised a total of $3.725M in reported equity funding.
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.