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Home AlleyTalk #NYCTech

#NYCtech Week in Review: 8/11/24 – 8/17/24

AlleyWatch by AlleyWatch
#NYCtech Week in Review: 8/11/24 – 8/17/24
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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 8/17 including the NYC startup fundings, NYC startup exits, and NYC startup events featuring news for MD Ally, Curamatic, and much, much more.


EliseAI – $75M

EliseAI, a conversational AI and CRM platform for the housing industry, has raised $75M in Series D funding led by Sapphire Ventures. Founded by Minna Song and Stoyan Stoyanov in 2017, EliseAI has now raised a total of $141.9M in reported equity funding. The valuation comes in above $1B, making it the latest NYC unicorn.


EvolutionIQ – $20.2M

EvolutionIQ, an AI-powered claims guidance platform for insurance companies and carriers, has raised $20.2M in funding according to a recent SEC filing. The filing indicates that the round comes from six investors. Founded by Michael Saltzman and Tomas Vykruta in 2019, EvolutionIQ has now raised a total of $63.5M in reported equity funding.


Capitalize – $19M

Capitalize, the retirement savings platform focused on transitioning old 401ks to rollover IRAs, has raised $19M in Series B funding led by RRE Ventures. Founded by Gaurav Sharma and Chris Phillips in 2020, Capitalize has now raised a total of $33.5M 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.


MD Ally – $14M

MD Ally, a medical dispatch and telehealth platform for 911 response calls, has raised $14M in Series A funding led by Frist Cressey Ventures. Founded by Shanel Fields in 2019, MD Ally has now raised a total of $24.5M in reported equity funding.


Actuate – $11.5M

Actuate, a video analytics platform that can detect guns, intruders, and other disturbances in security footage using computer vision, has raised $11.5M in Venture funding led by Gray Line Partners. Founded by Benjamin Ziomek and Sonny Tai in 2018, Actuate has now raised a total of $24.8M in reported equity funding.


Garden – $6.8M

Garden, an AI-powered intelligence platform for understanding the patent landscape, has raised $6.8M in Seed funding led by Spark Capital. Garden was founded by Adi Sidapara and Justin Mack in 2023.


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Curamatic – $3M

Curamatic, a software platform that monitors that cost and quality of value-based healthcare programs, has raised $3M 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. Curamatic was founded by in 2022.


Sweetspot – $2.2M

Sweetspot, an AI-powered platform for government contracting procurement, has raised $2.2M in Seed funding led by 1984 Ventures. Founded by Andrew Arkhipov, Philip Kung, Sachin Subramanian in 2023, Sweetspot has now raised a total of $2.3M in reported equity funding.


Tripsight – $262.8K

Tripsight, a platform for maximizing reward points directly from Google Flights, has raised $262.8K in funding according to a recent SEC filing. The filing indicates that the total offering is for $650K. Tripsight was founded by Julian Kheel in 2023.


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.


Tags: 1984 VenturesActuateAdi SidaparaAndrew ArkhipovBenjamin ZiomekCapitalizeChris PhillipsCuramaticEliseAIEvolutionIQFrist Cressey VenturesGardenGaurav SharmaGavin StewartGray Line PartnersJulian KheelJustin MackMD AllyMichael SaltzmanMinna SongPhilip KungRRE VenturesSachin SubramanianSapphire VenturesShanel FieldsSonny TaiSpark CapitalStoyan StoyanovSweetspotTomas VykrutaTripsightWilliam Farrell
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