#NYCtech Week in Review: 10/4/26 – 10/10/26

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 10/10/26 including the NYC startup fundings, NYC startup exits, and NYC startup events featuring news for Valon, Capitolis, and Stuut, and much, much more.

Valon – $150M

FinTechAI

Valon, a mortgage servicing platform that uses AI agents to automate loan servicing workflows, has raised $150M in Series D funding from investors that include Ribbit Capital and Andreessen Horowitz. Founded by Andrew Wang, Jonathan Hsu, and Linda Du in 2019, Valon has now raised a total of $347.1M in reported equity funding.

Capitolis – $120M

FinTech

Capitolis, a capital markets technology platform that helps banks and institutional investors optimize capital and reduce risk, has raised $120M in Series E funding led by Citi with participation from Bank of America, Nomura, Tradeweb, Barclays, BNP Paribas, JP Morgan, State Street, and UBS. Founded by Gil Mandelzis, Igor Teleshevsky, and Thomas Glocer in 2017, Capitolis has now raised a total of $457.8M in reported equity funding.

Stuut – $52.5M

FinTech

Stuut, an AI-powered accounts receivable platform that automates invoice collection and cash application for enterprise B2B teams, has raised $52.5M in Series B funding led by Insight Partners, with participation from Andreessen Horowitz, M12, and Activant Capital. Founded by Tarek Alaruri, Ben Winter, and Miraj Mohsin in 2023, Stuut has now raised a total of $93M in reported equity funding.

Wally Health – $25M

HealthTech

Wally Health, a subscription-based oral care platform offering members unlimited cleanings, diagnostics, and whitening for $249 per year, has raised $25M in Series A funding led by Maveron, with participation from Bling Capital and Jack Abraham. Founded by Tyler Burnett, Stipe Latkovic, and Chelsea Acosta Patel in 2020, Wally Health has now raised a total of $28M in reported equity funding.

AlleyWatch broke the news on this round exclusively.

Read more →

Melius – $20M

AI

Melius, an AI platform that deploys agents to handle the production work of creative projects, has raised $20M in Series A funding led by CRV with participation from General Catalyst, Genius Ventures, Vine Ventures, and Anti Fund. Founded by Joowon Kim, Arnav Ramu, and Young Kim in 2025, Melius has now raised a total of $25M in reported equity funding.

Sante – $15M

FinTechAI

Sante, a software platform that provides an AI-powered operating system for wine and liquor retailers, has raised $15M in Series A funding led by FINTOP Capital with participation from Bonfire Ventures, Operator Collective, Y Combinator, and Veridical Ventures. Founded by Darren Fike and Antoine Balaresque in 2023, Sante has now raised a total of $22.6M in reported equity funding.

AlleyWatch broke the news on this round exclusively.

Read more →

Clasp – $13.2M

InsurTech

Clasp, an employee benefits infrastructure platform that powers benefits enrollment for brokerages and payroll platforms, has raised $13.2M in funding according to a recent SEC filing. The filing indicates that the total offering is for $15.2M and there were seven investors in this close. Founded by Amar Jasarbasic and Zach Zhang in 2023, Clasp has now raised a total of $19.7M in reported equity funding.

PreciseDx – $3.7M

HealthTech

PreciseDx, a digital pathology platform that uses AI to assess breast cancer risk, has raised $3.7M in funding according to a recent SEC filing. The filing indicates that there were nine investors in this round. Founded by Gerardo Fernandez and Jack Zeineh in 2020, PreciseDx has now raised a total of $46.4M in reported equity funding.

Negosh – $3.1M

Negosh, an online marketplace that connects brands with manufacturers to negotiate intellectual property licensing deals, has raised $3.1M in funding according to a recent SEC filing. The filing indicates that there were eight investors in this round. Negosh was founded by Ari Zebersky in 2022.

True – $2.5M

FinTech

True, an AI-powered lending intelligence platform that automates mortgage underwriting and loan processing for lenders, has raised $2.5M in Series B funding according to a recent SEC filing. The filing indicates that the total offering is for $3.04M and there were four investors in this close. Founded by Alison Wasserman and Ari Gross in 2017, True has now raised a total of $30.45M in reported equity funding.