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The AlleyWatch Startup Daily Funding Report: 8/6/2025

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The latest venture capital, seed, pre-seed, and angel deals for NYC startups for 8/6/2025 featuring funding details for Stavtar Solutions, August, Bridge, and much more. This page will be updated throughout the day to reflect any new fundings.

Stavtar Solutions – $55M Series A

FINTECH

Stavtar Solutions, a business spend management and expense allocation platform for the alternative asset management industry, has raised $55M in Series A funding led by Elephant. Founded by Avtar Batth and Steven Petersen in 2017, Stavtar Solutions has now raised a total of $60.3M in reported equity funding.

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August – $7M Venture

AI/LEGAL TECH

August, an AI platform for midsize law firms, has raised $7M in Venture funding led by NEA and Pear VC. Founded by Rutvik Rau, Thomas Bueler-Faudree, and Joseph Parker in 2023, August has now raised a total of $7M in reported equity funding.


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Bridge – $3.2M

AI/FINTECH

Bridge, an AI-powered private markets infrastructure platform for institutional investors, investment advisors, and family offices, has raised $3.2M in funding according to a recent SEC filing. The filing indicates that the total offering is for $5.1M and this close comes from thirty-six investors. Bridge was founded by Alex Goodwin and Ayo Ekhator in 2022.

Tags: Alex GoodwinAugustAvtar BatthAyo EkhatorBridgeElephantJoseph ParkerNew Enterprise AssociatesPear VCRutvik RauStavtar SolutionsSteven PetersenThomas Bueler-Faudree
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