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The AlleyWatch Startup Daily Funding Report: 3/18/2025

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The latest venture capital, seed, pre-seed, and angel deals for NYC startups for 3/18/2025 featuring funding details for Graphite, Crossmint, and Level. This page will be updated throughout the day to reflect any new fundings.

Graphite – $52M Series B

AI
Developer Tools

Graphite, an AI-powered code review and coding assistance platform, has raised $52M in Series B funding led by Accel. Founded by Greg Foster, Merrill Lutsky, and Tomas Reimers in 2020, Graphite has now raised a total of $72M in reported equity funding.

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Crossmint – $23.6M Venture

Blockchain
Developer Platform

Crossmint, an all-in-one blockchain backend platform for companies to build onchain, has raised $23.6M in Venture funding led by Ribbit Capital. Founded by Alfonso Gomez-Jordana Manas and Rodri Fernandez Touza in 2022.


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Level – $2.6M Venture

Fintech
Cryptocurrency

Level, a stablecoin with DeFi-native yield, has raised $2.6M in Venture funding led by Dragonfly. Founded by Kedian Sun and David Lee in 2021, Level has now raised a total of $6.2M in reported equity funding.

Tags: AccelAlfonso Gomez-Jordana ManasCrossmintDavid LeeDragonflyGraphiteGreg FosterKedian SunLevelMerrill LutskyRibbit CapitalRodri Fernandez TouzaTomas Reimers
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