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 1/27 including the NYC startup fundings, NYC startup exits, and NYC startup events featuring news for Infield, Kashable, and much, much more.
Bilt Rewards – $200M
Bilt Rewards, the credit card loyalty platform that allows you to earn rewards for paying rent, has raised $200M in Venture funding led by General Catalyst. Founded by Ankur Jain in 2021, Bilt Rewards has now raised a total of $413.3M in reported equity funding. The funding comes at a reported $3.1B valuation for Bilt.
Ansel – $20M
Ansel, an employer-sponsored supplemental insurance platform, has raised $20M in Venture funding led by Portage. Founded by Veer Gidwaney in 2019, Ansel has now raised a total of $50M+ in reported equity funding. AlleyWatch broke the news in an exclusive covering the round and much more – Ansel Raises $20M to Ensure Employees are Fully Covered with Supplemental Insurance
ModernFi – $18.7M
ModernFi, a deposit management platform for community and regional banks, has raised $18.7M in Series A funding from investors that include Andreessen Horowitz, Canapi Ventures, Regions Bank, Remarkable Ventures, Huntington National Bank, and First Horizon. Founded by Paolo Bertolottu and Adam DeVita in 2022, ModernFi has now raised a total of $23.2M in reported equity funding.
GreenSpark Software – $13.4M
GreenSpark Software, a SaaS platform for scrap recyclers, has raised $13.4M in funding according to a recent SEC filing. The filing indicates that the round comes from seven investors. Founded by Evan Vandegriff and Gordon Driscoll in 2021, GreenSpark Software has now raised a total of $18.4M 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.
Aniai – $12M
Aniai, a startup focused on bringing robotics to quick service restaurants, has raised $12M in funding led by InterVest. Founded by Gunpil Hwang and Seohyeon Kim in 2020, Aniai has now raised a total of $15M in reported equity funding.
Norm Ai – $11.1M
Norm Ai, an automated regulatory compliance platform, has raised $11.1M in Seed funding from investors that include Coatue, Haystack Ventures, M13 Ventures, Basis Set Ventures, Expa Ventures, and Atypical Ventures. Norm Ai was founded by John Nay in 2023.
Arise Health – $6.5M
Arise Health, a virtual healthcare platform for eating disorder treatment and mental health resources, has raised $6.5M in funding according to a recent SEC filing. The filing indicates that the total offering is for $7.1M and this close comes from fourteen investors. Arise Health was founded by Joan Zhang an, Amanda D’Ambra Manian in 2022.
Ohai.ai – $6M
Ohai.ai, an AI-powered assistant platform for household management, has raised $6M in Seed funding led by Eniac Ventures and LifeX Ventures. Ohai.ai was founded by Sheila Marcelo and Lauren Tornow in 2023.
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Isaac Health – $5.7M
Isaac Health, a virtual brain health and memory clinic platform , has raised $5.7M in Seed funding from investors that include led by Meridian Street Capital and B Capital. Founded by Joel Salinas and Julius Bruch in 2021, Isaac Health has now raised a total of $7.1M in reported equity funding.
AiCure – $4M
AiCure, an AI and advanced data analytics platform focused on improving clinical trials, has raised $4M in funding from investors that include existing investors. AiCure was founded by Adam Hanina and Laura Shafner in 2019.
Alinea – $3.4M
Alinea, a subscription-based AI-powered wealth management platform targeted towards Gen Z, has raised $3.4M in Seed funding from investors that include led by GFR Fund and f7 Ventures. Founded by Anam Lakhani and Eve Halimi in 2020, Alinea has now raised a total of $5.7M in reported equity funding.
Experiment – $3.3M
Experiment, a cosmetics brand focused on Gen Z consumers, has raised $3.3M in funding according to a recent SEC filing. The filing indicates that this round comes from ten investors. Experiment was founded by Lisa Guerrera and Emmy Ketcham in 2020.
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.
Big Happy – $2.5M
Big Happy, a high impact mobile adtech platform, has raised $2.5M in additional funding led by Infolinks Media. Big Happy was founded by Jason Sherry and Paige Friedman in 2019.
Ajax – $955K
Ajax, an AI-powered time tracking platform for the legal industry, has raised $955K in funding according to a recent SEC filing. The filing indicates that this round comes from twenty-six investors and the round is structured as a SAFE. Ajax was founded by Jack Weinberger and Alex Weinberger in 2022.
Wyng – $761K
Wyng, a privacy-first personalization platform for brands, has raised $761K in funding according to a recent SEC filing. The filing indicates that the total offering is for $1M and this close comes from four investors. Founded by Allen Bonde, Mark Cooper, Prakash Mishra, and Wendell Lansford in 2010, Wyng has now raised a total of $37.76M in reported equity funding.
Conflixis – $275K
Conflixis, an Ai-powered data-driven conflict of interest monitoring platform for organizations, has raised $275K in funding according to a recent SEC filing. The filing indicates that the total offering is for $750K, there were seven investors in this close, and the transaction is structured as a convertible note. Founded by Aaron Narva, Vincent Wan, and Joseph Bergen in 2022, Conflixis has now raised a total of $475K in reported equity funding.
