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Home AlleyTalk #NYCTech

#NYCtech Week in Review: 6/8/25 – 6/14/25

AlleyWatch by AlleyWatch
#NYCtech Week in Review: 6/8/25 – 6/14/25
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NYC Tech Week in Review – June 14, 2025

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 6/14 including the NYC startup fundings, NYC startup exits, and NYC startup events featuring funding details for Cyera, Runwise, Tastewise, and much, much more.

Cyera – $540M Series E

Data Security

Cyera, the AI-powered data security platform, has raised $540M in Series E funding led by Lightspeed Venture Partners, Georgian, and Greenoaks. Founded by Tamar Bar-Ilan and Yotam Segev in 2021, Cyera has now raised a total of $1.3B in reported equity funding.

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Runwise – $55M Series B

PropTech

Runwise, a smart operating system for building management, has raised $55M in Series B funding led by Menlo Ventures. Founded by Jeffrey Carleton and Lee Hoffman in 2010, Runwise has now raised a total of $95.4M in reported equity funding.

Tastewise – $50M Series B

Food & Beverage Intelligence

Tastewise, the AI-powered food and beverage intelligence platform, has raised $50M in Series B funding led by TELUS Global Ventures. Founded by Alon Chen and Eyal Gaon in 2018, Tastewise has now raised a total of $71.6M in reported equity funding.


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Turnkey – $30M Series B

Crypto Infrastructure


Turnkey, a crypto wallet infrastructure platform, has raised $30M in Series B funding led by Bain Capital Crypto. Founded by Bryce Ferguson and Jack Kearney in 2022, Turnkey has now raised a total of $67M in reported equity funding. AlleyWatch broke the news in an exclusive covering the round and much more – Turnkey Raises $30M Series B to Usher in Next Era of Crypto Infrastructure

Thread AI – $20M Series A

AI Orchestration

Thread AI, an AI orchestration platform, has raised $20M in Series A funding led by Greycroft. Founded by Angela McNeal and Mayada Gonimah in 2023, Thread AI has now raised a total of $26M in reported equity funding.

Antimetal – $20M Series A

Cloud Infrastructure

Antimetal, an AI-powered automated cloud infrastructure monitoring and management platform, has raised $20M in Series A funding led by Sound Ventures. Founded by Matthew Parkhurst and Shreyas Iyer in 2022, Antimetal has now raised a total of $24.3M in reported equity funding.

Zorro – $20M Series A

Benefits Administration

Zorro, an AI-powered benefits administration platform, has raised $20M in Series A funding led by Entree Capital. Founded by Guy Ezekiel and Maya Perl in 2022, Zorro has now raised a total of $31.5M in reported equity funding.

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Occupier – $16M Venture

Commercial Real Estate

Occupier, an all-in-one lease management platform for commercial real estate, has raised $16M in Venture funding led by Unbundled Capital. Founded by Matt Giffune, Erik Perason, and Andrew Flint in 2018, Occupier has now raised a total of $32.9M in reported equity funding.

Farsight AI – $16M Series A

Financial Services AI

Farsight AI, an AI-powered workflow automation platform for the financial services industry, has raised $16M in Series A funding led by SignalFire. Farsight AI was founded by Kunal Tangri, Noah Faro, and Samir Dutta in 2022.

Dreamhub – $7M Seed

B2B SaaS CRM

Dreamhub, a CRM platform for B2B SaaS, has raised $7M in Seed funding from investors that include Jibe Ventures, Dig Ventures, and LocalGlobe. Dreamhub was founded by Yoni Benshaul and Noam Cohen in 2024.

GrailPay – $6.7M Seed

Payment Processing


GrailPay, a risk and data intelligence platform for processing ACH payments, has raised $6.7M in Seed funding led by Construct Capital. GrailPay was founded by Lee Jones and Will Messina in 2021. AlleyWatch broke the news in an exclusive covering the round and much more – GrailPay Raises $6.7M Seed to Build Risk Infrastructure for the $86T ACH Payment Market

Coverd – $5.9M Funding

Personal Finance

Coverd, a gamified personal finance platform, has raised $5.9M in funding according to a recent SEC filing. The filing indicates that the total offering is for $7.5M and there were twenty-five investors in this close. Coverd was founded by Albert Wang and Eric Xu in 2024.

Salvo Health – $4M Seed

Healthcare

Salvo Health, a care platform for those with chronic gastrointestinal conditions, has raised $4M in Seed funding led by Alumni Ventures. Founded by Avi Dorfman, Jason Finger, and Jeffrey Glueck in 2021, Salvo Health has now raised a total of $19.5M in reported equity funding.

Vermeer – $3.5M Funding

Navigation Technology

Vermeer, a vision based, global navigation platform for GPS-denied and spoofed environments, has raised $3.5M in funding according to a recent SEC filing. The filing indicates that the total offering is for $7M and there were five investors in this close. Founded by Brian Streem in 2015, Vermeer has now raised a total of $7.5M in reported equity funding.

722 AI – $1M Funding

Stealth AI

722 AI, a yet-to-launch Brooklyn-based stealth startup, has raised $1M in funding according to a recent SEC filing. 722 AI was founded by Nicholas Ochoa in 2025.


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Tags: 722 AIAlbert WangAlon ChenAlumni VenturesAndrew FlintAngela McNealAntimetalAvi DorfmanBain Capital CryptoBrian StreemBryce FergusonConstruct CapitalCoverdCyeraDig VenturesDreamhubEntree CapitalEric XuErik PerasonEyal GaonFarsight AIGeorgianGrailPayGreenoaksGreycroftGuy EzekielJack KearneyJason FingerJeffrey CarletonJeffrey GlueckJibe VenturesKunal TangriLee HoffmanLee JonesLightspeed Venture PartnersLocalGlobeMatt GiffuneMatthew ParkhurstMaya PerlMayada GonimahMenlo VenturesNicholas OchoaNoah FaroNoam CohenOccupierRunwiseSalvo HealthSamir DuttaShreyas IyerSignalFireSound VenturesTamar Bar-IlanTastewiseTELUS Global VenturesThread AITurnkeyUnbundled CapitalVermeerWill MessinaYoni BenshaulYotam SegevZorro
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