With so much happening in the city’s thriving ecosystem, it’s easy to miss some of the news in the space. We keep you informed of the things you may have missed in NYC Tech News for the week ending 1/17 including NYC startup fundings, NYC startup exits, and NYC startup events featuring funding details for Rain, Proxima, WithCoverage, and much more.
Rain – $250M Series C
FINTECH
Rain, an infrastructure platform for stablecoin payments, has raised $250M in Series C funding led by ICONIQ Capital. Founded by Charles Yoo-Naut and Farooq Malik in 2021, Rain has now raised a total of $332.5M in reported equity funding.
Proxima – $80M Seed
BIOTECH
Proxima, an AI-powered drug discovery platform for proximity-based therapeutics, has raised $80M in seed funding led by DCVC. Proxima was founded by Luca Naef and Zachary Carpenter in 2019.
WithCoverage – $42M Series B
INSURTECH
WithCoverage, a risk management and insurance brokerage platform for fast-growing businesses, has raised $42M in Series B funding led by Sequoia Capital and Khosla Ventures. WithCoverage was founded by Max Brenner and JD Ross in 2023.
Flip CX – $20M Series A
CUSTOMER SERVICE
Flip CX, a voice AI platform for customer support and service, has raised $20M in Series A funding led by Ridge Ventures and Next Coast Ventures. Founded by Brian Schiff, Jacob Cooper, and Samuel Krut in 2018, Flip CX has now raised a total of $29.4M in reported equity funding.
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GiveCard – $8.9M
FINTECH
GiveCard, a prepaid card payments platform for simplifying moving money for organizations, has raised $8.9M in funding according to a recent SEC filing. The filing indicates that this round comes from seventeen investors. GiveCard was founded by Diksha Thach and Lurein Perera in 2018.
Noise Labs – $7.1M
FINTECH
Noise Labs, a programmatic liquidity platform for people to trade trends, has raised $7.1M in venture funding led by Paradigm. Noise Labs was founded by Gabriel Carafa and Luca Cordova in 2024.
Blank Slate Technologies – $6.4M
DEEPTECH
Blank Slate Technologies, a deeptech cognitive platform for critical applications in defense, aviation, and security, has raised $6.4M in funding according to a recent SEC filing. The filing indicates that the total offering is for $7.75M and there were twenty-seven investors in this close. Founded by Matthew Trevithick in 2017, Blank Slate Technologies has now raised a total of $6.6M in reported equity funding.
Tivara – $3.6M Seed
HEALTHTECH
Tivara, an agentic AI platform for medical groups to automate patient phone calls across scheduling, refills, intake, and after-hours workflows, has raised $3.6M in seed funding from investors that include Y Combinator, Day One Ventures, Mischief, and Kulveer Taggar. Founded by Aumesh Misra and Tej Seelamsetty in 2024, Tivara has now raised a total of $4.1M in reported equity funding.
Orchestra Health – $2M
HEALTHTECH
Orchestra Health, a stealth startup working on improving cancer diagnostics, has raised $2M in funding according to a recent SEC filing. The filing indicates that the total offering is for $3M and this close comes from four investors. Orchestra Health was founded by Bracy Fertig in 2025.
