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Home AlleyTalk #NYCTech

#NYCtech Week in Review: 12/10-/23 – 12/16/23

AlleyWatch by AlleyWatch
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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 holiday-shortened week ending 12/16 including the NYC startup fundings, NYC startup exits, and NYC startup events featuring news for Datalogz, Redactable, Xeol, and much, much more.


Jitjatjo – $30M

Jitjatjo, an on-demand staffing solution for flexible workforces, has raised $30M in Series B funding led by Morningside Group. Founded by Dominic Esposito, Ron McCulloch, and Tim Chatfield in 2015, Jitjatjo has now raised a total of $47.9M in reported equity funding.


Allstar – $12M

Allstar, a content creation platform for gamers, has raised $12M in Series A funding led by Drive Capital. Founded by Gavin Silver and Nicholas Cuomo in 2019, Allstar has now raised a total of $15.9M in reported equity funding.


CurbWaste – $10M

CurbWaste, a SaaS platform for the waste management industry, has raised $10M in Series A funding led by Flourish Ventures. Founded by Michael Marmo in 2018, CurbWaste has now raised a total of $21.2M in reported equity funding.


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Noetica AI – $6M

Noetica AI, an intelligence and data platform corporate debt, has raised $6M in Seed funding led by Lightspeed Venture Partners. Founded by Dan Wertman, Tom Effland, Yoni Sebag in 2022, Noetica AI has now raised a total of $7.8M in reported equity funding.


Redactable – $5.5M

Redactable, a platform that helps companies permanently redact their confidential documents, has raised $5.5M in Seed funding led by Gradient Ventures. Founded by Amanda Levay in 2018, Redactable has now raised a total of $6.8M in reported equity funding.


Datalogz – $5M

Datalogz, a business intelligence operations platform, has raised $5M in Venture funding led by GreatPoint Ventures. Founded by Logan Havern, Pablo Lerdo de Tejada, and Tina Bhatia in 2020, Datalogz has now raised a total of $7.1M in reported equity funding.


Inductive Bio – $4.3M

Inductive Bio, a technology platform that uses AI to accelerate the compound optimization process in the development of therapeutics, has raised $4.3M in Seed funding led by Andreessen Horowitz and Lux Capital. Inductive Bio was founded by Josh Haimson and Ben Birnbaum in 2021.


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Audicus – $4.1M

Audicus, a direct-to-consumer hearing aid brand and telehealth platform, has raised $4.1M in funding according to a recent SEC filing. The filing indicates that the total offering is for $6.58M and there were twenty-six investors in the close. Founded by Patrick Freuler in 2011, Audicus has now raised a total of $11.7M in reported equity funding.


Xeol – $3.2M

Xeol, a cybersecurity platform focused on the software supply chain, has raised $3.2M in Seed funding led by Shield Capital. Xeol was founded by ShiHan Wan and Benji Visser in 2023.


Kangaroo – $1M

Kangaroo, the electronics company focused on home security solutions, has raised $1M in funding according to a recent SEC filing. The filing indicates that the round comes from a sole investor. Founded by Dhruv Garg, James Xu, Maximus Yaney, and Victor Meng in 2018, Kangaroo has now raised a total of $16.1M in reported equity funding.


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