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 1/25 including the NYC startup fundings, NYC startup exits, and NYC startup events featuring news for Men in Blazers, Nilus, Fundriase Up, and much, much more.
Fundraise Up – $70M
Fundraise Up, a fundraising platform for nonprofits, has raised $70M in additional funding led by Summit Partners. Founded by Peter Byrnes, Yuriy Smirnov, and Anton Isaykin in 2017, Fundraise Up has now raised a total of $82.1M in reported equity funding.
Clay – $40M
Clay, a platform to manage GTM teams and workflows, has raised $40M in Series B funding led by Meritech Capital Partners. Founded by Kareem Amin, Nicolae Rusan,and Varun Anand in 2017, Clay has now raised a total of $102M in reported equity funding.
StructuredWeb – $30M
StructuredWeb, an AI-powered channel sales and marketing platform, has raised $30M in additional funding led by Invictus Growth Partners. Founded by Daniel Nissan in 1998, StructuredWeb has now raised a total of $32M in reported equity funding.
LeapXpert – $20M
LeapXpert, a compliance and governance solution for business communications across various platforms, has raised $20M in Series B funding led by Portage Ventures. Founded by Avi Pardo, Dima Gutzeit, and Rina Charles in 2017, LeapXpert has now raised a total of $42.5M in reported equity funding.
Infinite Reality Acquires Obsess
Infinite Reality (iR), the innovation company focused on extended reality and AI technologies, has acquired Obsess, a virtual shopping platform developer. Read the full article here – Infinite Reality Acquires Virtual Shopping Platform Obsess to Enhance Immersive Commerce Capabilities
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Men in Blazers – $15M
Men in Blazers, a soccer-focused media company, has raised $15M in Series A funding led by Avenue Capital Group. Men in Blazers was founded by Roger Bennett. in 2010.
Belfry – $12M
Belfry, a platform for managing security guard businesses, has raised $12M in Series A funding led by Base10 Partners. Founded by Jordan Wallach and Alex Tulenko in 2022, Belfry has now raised a total of $20M in reported equity funding.
Baton Market – $10M
Baton Market, a marketplace to buy and sell small and medium-sized businesses, has raised $10M in Series A funding led by Obvious Ventures. Founded by Chat Joglekar, Jamie Roth, and Dylan Gans in 2021, Baton Market has now raised a total of $12.8M in reported equity funding.
Merit Systems – $10M
Merit Systems, a plaform designed to incentivize the development of open sourcc software, has raised $10M in Seed funding led by Avenue Capital Group. Merit Systems was founded by Ryan Sproule, Sam Ragsdale, and Mason Hall in 2024.
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Nilus – $10M
Nilus, an AI-powered treasury management platform, has raised $10M in Venture funding led by Vesey Ventures and Felicis. Founded by Daniel Kalish and Danielle Shaul in 2022, Nilus has now raised a total of $18.6M in reported equity funding.
1up – $8.6M
1up, a knowledge automation platform for sales teams, has raised $8.6M in funding according to a recent SEC filing. The filing indicates that there were thirty-one investors in the round. Founded by George Avetisov in 2021, 1up has now raised a total of $11.9M in reported equity funding.
Sense Education – $3.8M
Sense Education, an AI-powered platform to assist educators in reviewing coursework, has raised $3.8M in funding according to a recent SEC filing. The filing indicates that there were ten investors in the round. Sense Education was founded by Ronen Tal-Botzer in 2016.
TownHome Health – $300K
TownHome Health, an operator of urgent care for mental health episodes, has raised $300K in funding according to a recent SEC filing. The filing indicates that the total offering is for $500K and this close comes from a sole investor. Founded by Charles Raisch in 2021, TownHome Health has now raised a total of $2.1M in reported equity funding.
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