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Home AlleyTalk #NYCTech

#NYCtech Week in Review: 7/5/26 – 7/11/26

AlleyWatch by AlleyWatch
#NYCtech Week in Review: 7/5/26 – 7/11/26
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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 7/11/26 including the NYC startup fundings, NYC startup exits, and NYC startup events featuring news for Norm Ai, Pearl Health, M1X Global, and much, much more.


Norm Ai – $120M

AI ENTERPRISE

Norm Ai, a legal AI platform that automates legal and compliance work for regulated companies, has raised $120M in Series C funding led by Khosla Ventures with participation from Blackstone, Bain Capital Ventures, Craft Ventures, Coatue, Vanguard, New York Life, TIAA, Tony James, Jeff Hammes, and Fenwick & West. Founded by John Nay in 2023, Norm Ai has now raised a total of $260M in reported equity funding.


Pearl Health – $50M

HEALTHTECH AI

Pearl Health, a healthcare technology platform that helps primary care providers manage risk and deliver value-based care to Medicare patients, has raised $50M in Series C funding led by Andreessen Horowitz with participation from Viking Global Investors, AlleyCorp, and Ulysses Capital. The financing also includes a $60M debt facility led by Trinity Capital. Founded by Ankit Patel, Jeff De Flavio, Kevin Ryan, and Michael Kopko in 2020, Pearl Health has now raised a total of $125.5M in reported equity funding.


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M1X Global – $5.5M

FINTECH

M1X Global, a fintech company that helps governments issue and manage sovereign debt on public blockchains, has raised $5.5M in Seed funding led by Paradigm with participation from Breed VC. Founded by Mark Lurie and Jordan Goldman in 2023, M1X Global has now raised a total of $8.5M in reported equity funding.


Advance – $4.25M

FINTECH INSURTECH

Advance, a fintech platform that simplifies premium payment collection and management for insurance agencies and brokers, has raised $4.25M in Venture funding. The filing indicates that the total offering is for $5M and there were five investors in this close. Founded by Omer Rimoch and Gal Dreiman in 2024, Advance has now raised a total of $12.8M in reported equity funding.


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WithAI – $3.98M

AI FINTECH

WithAI, an AI platform that helps hedge funds and asset managers use AI agents to research stocks and manage their portfolios, has raised $3.98M in funding according to a recent SEC filing from investors that include Y Combinator, Greg Jensen, and Karen Karniol-Tambour. The filing indicates that there were fifty-seven investors in this round. WithAI was founded by Ian McInnis and Ben Finch in 2025.


Octozi – $3M

AI HEALTHTECH

Octozi, an AI platform that automates clinical trial data cleaning and review for pharmaceutical companies, has raised $3M in Seed funding led by Surface Ventures with participation from Remarkable Ventures. Octozi was founded by Amit Patel, Cedric Odje, and Matthew Purri in 2023.

Tags: AdvanceAlleyCorpAmit PatelAndreessen HorowitzAnkit PatelBain Capital VenturesBen FinchBlackstoneBreed VCCedric OdjeCoatueCraft VenturesFenwick & WestGal DreimanGreg JensenIan McInnisJeff De FlavioJeff HammesJohn NayJordan GoldmanKaren Karniol-TambourKevin RyanKhosla VenturesM1X GlobalMark LurieMatthew PurriMichael KopkoNew York LifeNorm AIOctoziOmer RimochParadigmPearl HealthRemarkable VenturesSurface VenturesTIAATony JamesTrinity CapitalUlysses CapitalVanguardViking Global InvestorsWithAIY Combinator
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