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 September 13, 2025, including the NYC startup fundings, NYC startup exits, and NYC startup events featuring news for Diana Health, Highbeam, ModernFi, and much more.
Diana Health – $55M Series C
Healthcare
Diana Health, a network of women’s health practices focused on maternal care, has raised $55M in Series C funding led by HealthQuest Capital. Founded by Jeff De Flavio, Jim Corum, and Kate Condliffe in 2019, Diana Health has now raised a total of $100M in reported equity funding.
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Highbeam – $30M Series A
FinTech
Highbeam, an AI-powered financial management platform for consumer brands, has raised $30M in Series A funding led by Acrew Capital. Founded by Gautam Gupta and Samir Shergill in 2020, Highbeam has now raised a total of $30M in reported equity funding.
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.
Octane – $24.5M Funding Round
FinTech
Octane, an end-to-end financing platform for powersports equipment purchases, has raised $24.5M in funding according to a recent SEC filing. The filing indicates that there were five investors in this round. Founded by Jason Guss in 2014, Octane has now raised a total of $245.7M in reported equity funding.
Euclid Power – $20M Series A
Clean 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.
Cassidy – $10M Series A
AI/Enterprise
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. AlleyWatch broke the news in an exclusive covering the round and much more – Cassidy Raises $10M to Scale Context-Powered AI Automation for Non-Technical Teams
Sphinx – $9.5M Seed
AI Research
Sphinx, an applied AI research firm building agents that effectively interface with data, has raised $9.5M in Seed funding led by Lightspeed Venture Partners. Founded by Rohan Kodialam and Jamie Bloxham in 2025, Sphinx has now raised a total of $9.5M 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. Founded by Alex Barrett and Reza Sanaie in 2023, Meroka has now raised a total of $6M in reported equity funding.
Parento – $5.9M Seed
Employee Benefits
Parento, a parental leave insurance and management platform, has raised $5.9M in Seed funding led by ResilienceVC. Founded by Dirk Doebler in 2019, Parento has now raised a total of $10.3M in reported equity funding. AlleyWatch broke the news in an exclusive covering the round and much more – Parento Raises $5.9M to Expand Paid Parental Leave Insurance for Small Businesses
Metal – $5M Seed
AI/Private Equity
Metal, an AI-native platform for private equity deal teams, has raised $5M in Seed funding led by Base10 Partners. Founded by James O’Dwyer, Sergio Prada, and Taylor Lowe in 2023, Metal has now raised a total of $7.5M in reported equity funding.
Meela – $3.5M Seed
AI/Senior Care
Meela, an AI-powered voice companion for seniors, has raised $3.5M in Seed funding led by Bain Capital Ventures. Founded by Josh Sach in 2024, Meela has now raised a total of $3.5M in reported equity funding.
Level – $2.6M Funding Round
AI/Automotive Finance
Level, an AI-powered platform to help automotive finance teams improve recoveries from auto insurance settlements, has raised $2.6M in funding according to a recent SEC filing. The filing indicates that the total offering is for $3.1M and this close comes from ten investors. Founded by Elliot Schad and Victor Fu in 2023, Level has now raised a total of $2.6M in reported equity funding.
LEA – $1.25M Venture Round
Data Automation/Wealth Management
LEA, a data automation platform for the wealth management industry, has raised $1.25M in Venture funding led by Social Leverage. Founded by Max Klein and Chuck Blake in 2023, LEA has now raised a total of $1.4M in reported equity funding.
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PlayMaker – $1M Pre-Seed
AI/Sports Marketing
PlayMaker, an AI-powered platform for managing corporate sports sponsorships, has raised $1M in Pre-Seed funding led by Precursor Ventures. Founded by Hannah Sorkin and Sameer Mehra in 2024, PlayMaker has now raised a total of $1M in reported equity funding
