#NYCtech Week in Review: 10/11/26 – 10/17/26

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 10/17/26 including the NYC startup fundings, NYC startup exits, and NYC startup events featuring news for Ramp, Modal, and North.cloud, and much, much more.

Ramp – $1.85B

FinTech

Ramp, a fintech platform that provides corporate cards and spend management software for businesses, has raised $1.85B in Venture funding led by Dragoneer Investment Group and Thrive Capital with participation from Founders Fund. Founded by Eric Glyman, Karim Atiyeh, and Gene Lee in 2019, Ramp has now raised a total of $4.85B in reported equity funding.

Modal – $750M

AI

Modal, an AI infrastructure platform that provides inference, sandboxes, and training for AI applications, has raised $750M in Series D funding led by Accel with participation from Kleiner Perkins, Menlo Ventures, General Catalyst, Redpoint, Lux Capital, and Bain Capital Ventures. Founded by Erik Bernhardsson and Akshat Bubna in 2021, Modal has now raised a total of $1.2B in reported equity funding.

North.cloud – $60M

Enterprise

North.cloud, a cloud financial management platform that helps finance and engineering teams optimize and automate spend across cloud, AI, and data infrastructure, has raised $60M in Series B funding led by PeakSpan Capital with participation from Litquidity Ventures, Companyon Ventures, Alpaca VC, Uncommon Denominator, Gaingels, and Mana Ventures. Founded by Matt Biringer and Yassine Acoine in 2023, North.cloud has now raised a total of $67.6M in reported equity funding.

Scuba – $34M

AI

Scuba, a shared context engine that organizes team knowledge and connects it to AI agents, has raised $34M in Pre-Seed and Seed funding led by Accel and IVP with participation from BoxGroup, Conviction, Homebrew, and Scribble Ventures. Scuba was founded by Noah Desai Weiss and Dolapo Falola in 2025.

Allara – $30M

HealthTech

Allara, a telehealth platform that delivers insurance-covered care for women with hormonal, metabolic, and reproductive conditions, has raised $30M in Venture funding from investors that include Index Ventures, GV, Camino Partners, Foreground, and Family Fund. Founded by Rachel Blank in 2020, Allara has now raised a total of $75M in reported equity funding.

AlleyWatch broke the news on this round exclusively.

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Brellium – $23M

HealthTechAI

Brellium, an AI platform that audits clinical documentation and coding for compliance and revenue integrity, has raised $23M in Venture funding led by Left Lane Capital and First Round Capital with participation from Digital Health Venture Partners. Founded by Alex Tu, Henry Kasa, Max Katzman, and Zach Rosen in 2021, Brellium has now raised a total of $39.7M in reported equity funding.

Confido Health – $12.5M

HealthTechAI

Confido Health, an AI platform that automates healthcare office tasks such as scheduling, insurance verification, billing, and patient outreach, has raised $12.5M in Series A funding led by Z47 with participation from Justin Saks, Together Fund, and Blume Ventures. Founded by Chetan Reddy and Vichar Shroff in 2023, Confido Health has now raised a total of $25.5M in reported equity funding.

Fragment – $12M

FinTechAI

Fragment, a financial infrastructure platform that automates billing, payments, and accounting for vertical AI companies, has raised $12M in Series A funding led by FirstMark with participation from BoxGroup. Founded by Thomas Neckel in 2021, Fragment has now raised a total of $23M in reported equity funding.

Fission Labs – $10M

FinTech

Fission Labs, a fintech platform that provides liquidity for tokenized investment funds, has raised $10M in Series A funding led by Pantera Capital with participation from New Form Capital, gumi Cryptos Capital, Circle Ventures, Borderless Capital, and Ari Rubenstein. Founded by Jon Shaffer in 2024, Fission Labs has now raised a total of $11.6M in reported equity funding.

Evos – $9M

AI

Evos, an AI platform that creates autonomous operators to handle operational work for small and mid-sized businesses in physical industries, has raised $9M in Pre-Seed funding led by Uncork Capital and Field Ventures with participation from Crosslink Capital, Utopia Capital Management, and Sandwith Ventures. Evos was founded by Urav Shah in 2026.

Othello – $8M

AI

Othello, an AI platform that coaches sales reps in real time during live calls, has raised $8M in Seed funding from investors that include a16z speedrun, Owl Capital, Long Journey Ventures, Andy Fang, Chris Larsen, Thomas Wolf, David Cramer, Waseem AlShikh, Dean Sysman, Alex Bouaziz, Philippe Bouaziz, and Kevin Stein. Othello was founded by Jared Zelman and Raphael Assor.

Pathways – $6M

AIGreenTech

Pathways, an AI platform that turns manufacturers’ operational data into environmental product declarations, has raised $6M in Seed funding led by Sorenson Capital with participation from Pi Labs, Zacua Ventures, Blue Lion, Positive Ventures, Great Wave, Titan Ventures, and Heidelberg Materials. Founded by Leise Sandeman and Alexander Cooper in 2023, Pathways has now raised a total of $10M in reported equity funding.

Leela – $4.6M

AIFinTech

Leela, an AI platform that automates compliance programs for regulated financial firms, has raised $4.6M in Seed funding led by Array Ventures and Female Founders Fund with participation from Northwestern Mutual Future Ventures and The Council. Leela was founded by Preeti Krishnan in 2024.

AlleyWatch broke the news on this round exclusively.

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Liftline – $400K

Liftline, a yet-to-launch stealth startup, has raised $400K in funding according to a recent SEC filing. The filing indicates that there was one investor in this round. Liftline was founded by Matthew Garippa in 2026.

Zocdoc Acquires Sohar Health

HealthTechExit

Zocdoc, the New York healthcare booking marketplace, has acquired Sohar Health, a startup whose APIs automate insurance eligibility checks. It is Zocdoc’s first acquisition in nearly 20 years. The two companies have partnered since 2025, when millions of Zocdoc patients began verifying their coverage through Sohar’s technology. Terms of the deal were not disclosed.

AlleyWatch broke the news on this exclusively.

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