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The AlleyWatch Startup Daily Funding Report: 9/8/2025

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The latest venture capital, seed, pre-seed, and angel deals for NYC startups for 9/8/2025 featuring funding details for ModernFi, Euclid Power, and much more. This page will be updated throughout the day to reflect any new fundings.

ModernFi – $30M Series B

FINTECH

ModernFi, a comprehensive deposit management platform for financial institutions, has raised $30M in Series B funding led by Canapi Ventures. Founded by Adam DeVita and Paolo Bertolotti in 2022, ModernFi has now raised a total of $57.4M in reported equity funding.

Euclid Power – $20M Series A

ENERGY

Euclid Power, an operating system for renewable energy project development, financing, and operations, has raised $20M in Series A funding led by Venrock. Founded by Brian DeMaio, Jacob Sandry, and Ryan Guay in 2021, Euclid Power has now raised a total of $25.2M in reported equity funding.

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Cassidy – $10M Series A

AI

Cassidy, an AI-powered automation platform for businesses powered by company data, has raised $10M in Series A funding led by HOF Capital. Founded by Ian Woodfill and Justin Fineberg in 2023, Cassidy has now raised a total of $13.7M in reported equity funding.

Meroka – $6M Seed

HEALTHCARE

Meroka, a practice operations platform for independent medical providers, has raised $6M in Seed funding led by Slow Ventures and Better Tomorrow Ventures. Meroka was founded by Alex Barrett and Reza Sanaie in 2023.

PlayMaker – $1M Pre-Seed

SPORTS TECH

PlayMaker, an AI-powered platform for managing corporate sports sponsorships, has raised $1M in Pre-Seed funding led by Precursor Ventures. PlayMaker was founded by Hannah Sorkin and Sameer Mehra in 2024.


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Tags: Alex BarrettBetter Tomorrow VenturesBrian DeMaioCanapi VenturesCassidyEuclid PowerHannah SorkinHOF CapitalIan WoodfillJacob SandryJustin FinebergMerokaModernFiPlayMakerPrecursor VenturesReza SanaieRyan GuaySameer MehraSlow VenturesVenrock
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