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 8/24 including the NYC startup fundings, NYC startup exits, and NYC startup events featuring news for Clarium, David, PreciseDx, and much, much more.
Grafana Labs – $270M
Grafana Labs, the open observability platform, has raised $270M in Venture funding led by Lightspeed Venture Partners,. Founded by Anthony Woods, Raj Dutt, and Torkel Odegaard in 2014, Grafana Labs has now raised a total of $805.2M in reported equity funding. The funding is a combination of a primary and secondary sale and comes at a reported $6B valuation for Grafana Labs.
Chaos Labs – $55M
Chaos Labs, an onchain risk management platform, has raised $55M in Series A funding led by Haun Ventures. Founded by Omer Goldberg in 2022, Chaos Labs has now raised a total of $75M in reported equity funding.
Slingshot AI – $30M
Slingshot AI, a platform to build LLMs for behavioral health, has raised $30M in Venture funding led by Andreessen Horowitz. Slingshot AI was founded by Daniel Cahn and Neil Parikh in 2022.
The Rounds – $24M
The Rounds, a sustainable commerce platform that delivers household essentials with no packaging waste, has raised $24M in Series B funding led by Moderne Ventures. Founded by Alexander Torrey and Byungwoo Ko in 2019, The Rounds has now raised a total of $66M 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.
PreciseDx – $20.7M
PreciseDx, a biotech startup using AI to provide more personalized and precise treatment for breast cancer , has raised $20.7M in Series B funding led by Eventide. Founded by Carlos Cordon, Gerardo Fernandez, Jack Zeineh, and Michael J. Donovan in 2019, PreciseDx has now raised a total of $31.5M in reported equity funding.
Trunk Tools – $20M
Trunk Tools, an AI-powered platform to manage construction workflows, has raised $20M in Series A funding led by Redpoint. Founded by Sarah Buchner in 2021, Trunk Tools has now raised a total of $29.9M in reported equity funding.
Mindset – $13M
Mindset, a platform that simplifies the application process for Social Security Disability benefits for recipients with mental health issues, has raised $13M in Venture funding led by Science. Mindset was founded by Darren Webb in 2019. AlleyWatch broke the news in an exclusive covering the round and much more – Mindset Raises $13M to Simplify the Application Process for Social Security Disability Benefits for Those with Mental Illness and Their Caregivers
Clarium – $10.5M
Clarium, a hospital supply chain operations platform, has raised $10.5M in Venture funding led by General Catalyst. Founded by Steve Liou in 2020, Clarium has now raised a total of $16M in reported equity funding.
Levels – $10M
Levels, a platform that shows you how food impacts metabolic health through biowearables, has raised $10M in Venture funding led by Long Journey Ventures. Founded by Andrew Conner, Casey Means, David Flinner, Josh Clemente, and Sam Corcos in 2019, Levels has now raised a total of $67M in reported equity funding.
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David – $10M
David, a nutrition brand focused on increasing muscle and decreasing fat through increased protein intake, has raised $10M in Seed funding from investors that include Peter Rahal, Valor Siren Ventures, Peter Attia, and Andrew Huberman. David was founded by Zach Ranen and Peter Rahal in 2024.
Photon Health – $9M
Photon Health, a text-based prescription platform, has raised $9M in Venture funding led by Notation Capital and Flare Capital Partners. Photon Health was founded by Michael Rado, Sam Kotlove, Otto Sipe in 2021.
Arch – $5M
Arch, a crypto-backed loan provider, has raised $5M in Seed funding led by Morgan Creek Digital and Castle Island Ventures. Founded by Dhruv Patel and Himanshu Sahay in 2022, Arch has now raised a total of $7.75M in reported equity funding. AlleyWatch broke the news in an exclusive covering the round and much more – Arch Raises $5M to Provide Crypto-Backed Loans
Great Many – $3.4M
Great Many, an operator of clinics and telemedicine provider focused on hair growth, has raised $3.4M in Pre-Seed funding led by BrandProject. Great Many was founded by Michael Pollak and Steve Kelbanow in 2023.
Harmonyze – $2M
Harmonyze, an AI platform for managing the franchisor operations, has raised $2M in Pre-Seed funding led by Bowery Capital. Harmonyze was founded by Gary Liskovich and Jonny Greenspan 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.
