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The AlleyWatch Startup Daily Funding Report: 3/16/2026

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The latest venture capital, seed, pre-seed, and angel deals for NYC startups for 3/16/2026 featuring funding details for Order, Rove, and much more. This page will be updated throughout the day to reflect any new fundings.

Order – $7.1M

B2B COMMERCE

Order, a B2B commerce platform that simplifies business buying with purchase order and AP automation, has raised $7.1M in funding according to a recent SEC filing. The filing indicates that the total offering is for $40M and this close comes from fourteen investors. Founded by Thomas Jaklitsch and Zachary Garippa in 2016, Order has now raised a total of $51.8M in reported equity funding.

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Rove – $4M

TRAVEL TECH

Rove, a flexible travel rewards program for earning and redeeming miles on flights and hotels, has raised $4M in funding according to a recent SEC filing. The filing indicates that the total offering is for $8M and this close comes from a sole investor. Rove was founded by Arhan Chhabra and Maxwell Morganroth in 2023.


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Helios – $2M

GOVTECH

Helios, an AI-native policy intelligence platform for government agencies, defense organizations, and enterprises, has raised $2M in Venture funding from investors including Long Journey Ventures and HF0 Residency. Founded by Brandon Smith, Joe Scheidler, and Joseph A. Farsakh in 2024, Helios has now raised a total of $6M in reported equity funding.

Tags:  Zachary GarippaArhan ChhabraBrandon SmithHeliosHF0 ResidencyJoe ScheidlerJoseph A. FarsakhLong Journey VenturesMaxwell MorganrothOrderRoveThomas Jaklitsch
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