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The AlleyWatch Startup Daily Funding Report: 8/5/2026

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The latest venture capital, seed, pre-seed, and angel deals for NYC startups for August 5, 2026 featuring funding details for Advocate Technologies, Pinegap, and much more. This page will be updated throughout the day to reflect any new fundings.

Advocate Technologies – $18M

INSURTECH

Advocate Technologies is a commercial insurance benchmarking platform that standardizes pricing and coverage data for brokers, lenders, and risk managers. The company raised $18M in Seed funding from Vestigo Ventures, Brewer Lane Ventures, and MetaProp. Advocate Technologies was founded by Ashwin Agarwal and Dimitris Psaropoulos in 2020.


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Pinegap – $8M

AI

Pinegap is an AI-powered equity research platform that automates buy-side analyst workflows for hedge funds and mutual funds. The company raised $8M in Series A funding led by Stellaris Venture Partners, with participation from Inventus, Silicon Valley Quad, and DeVC. Pinegap was founded by Ankit Varmani and Deepak Sharma in 2024 and has raised $10.5M in total funding.

Claryx – $3.5M

HEALTHTECH

Claryx is a genomic intelligence platform that detects and traces infection transmission outbreaks in hospitals. The company raised $3.5M in Pre-Seed funding led by Outlander VC, with participation from Company Ventures, Boost VC, Neon, Mana Ventures, 640 Oxford, and Precursor. Claryx was founded by Kurt Hackenberger and Dirk Hackenberger in 2025.

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Tags: 640 OxfordAdvocate TechnologiesAnkit VarmaniAshwin AgarwalBoost VCBrewer Lane VenturesClaryxCompany VenturesDeepak SharmaDeVCDimitris PsaropoulosDirk HackenbergerInventusKurt HackenbergerMana VenturesMetaPropNeonOutlander VCPinegapPrecursorSilicon Valley QuadStellaris Venture PartnersVestigo Ventures
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