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The Pulse of New York Tech

#NYCTech

Letgo Acquired by OfferUp to Consolidate Local Online Marketplaces

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Letgo, the local online marketplace, has been acquired by OfferUp. The terms of the transaction were not disclosed but Letgo’s majority investor, OLX Group, will own 40% of the combined entity. “Letgo and OfferUp have always shared the same core vision for how large America’s secondhand economy can become – harnessing tech innovation to bring […]

The AlleyWatch Startup Daily Funding Report: 3/26/2020

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The latest venture capital, seed, pre-seed, and angel deals for NYC startups for 3/26/2020 featuring funding details for OneThree Biotech, Redpin Therapeutics, and much more

BackboneAI Raises $4.7M to Help Companies to Support Intercompany Data Flows

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Many companies are focused on addressing intercompany data transfers; however, large enterprises still overwhelmingly rely on emails, phone calls, and EDI’s to transfer important data between two companies. BackboneAI transforms how businesses exchange data through its proprietary technology that increases the efficiency of intercompany data processes by introducing automation. BackboneAI’s platform is layered on top […]

The AlleyWatch Startup Daily Funding Report: 3/25/2020

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The latest venture capital, seed, pre-seed, and angel deals for NYC startups for 3/25/2020 featuring funding details for Kallyope and much more.

Teachable Acquired by Hotmart as the Online Class Market Consolidates

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Teachable, the edtech platform that allows anyone to affordably create and sell online courses, has been acquired by Hotmart, a global platform for online courses. Terms of the transactions were not disclosed but sources close to the transaction have indicated that the transaction amount was approximately $250M. Founded in 2016 by Ankur Nagpal and Conrad Wadowski, […]

Cat Person Launches out of Harry’s Labs to be the Most Trusted Brand for Cat Owners

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We are on mission to redefine what it means to be a “cat person” and fill a major gap in the $75B+ pet market. Our cat person is, first and foremost, someone who cares tremendously for their cat – they see them as a member of their family – and they want to give their cat the best nutrition when it comes to food. Our cat person is also someone who cares about how their products work, both for their cats as well as themselves. And, people who are frankly frustrated with the confusing experience today of having to shop at multiple places for their cat’s essential needs. They want to care for their cat but just need a more convenient experience and way to do that.

Monaeo Acquired by Topia to Bring Travel Compliance to its Talent Mobility Platform

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Monaeo, a SaaS platform that manages business travel compliance from a tax and payroll perspective, has been acquired by SF-based Topia. The terms of the transaction were not disclosed. “Topia’s track record of innovation, deep understanding of the enterprise mobility market, and a world-class management team made this an ideal opportunity for us to take […]

Fatherly Acquired by Some Spider Studios to be the Largest Online Destination for Parenting

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Fatherly, the online media company focused on parenting advice and resources for dads, has been acquired by Some Spider Studios, the media group operating a number of online parenting properties. The terms of the transactions were not disclosed but this an all-stock transaction. Founded in 2014 by Michael Rothman and Simon Isaacs, Fatherly had raised […]

fuboTV Acquired by FaceBank Group

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fuboTV, the live-TV streaming platform, has agreed to be acquired by publicly-traded FaceBank Group, the character-based virtual entertainment company. Terms of the transactions were not disclosed but fuboTV will become a wholly-owned subsidiary of FaceBank Group after the transaction closes.  “The business combination of FaceBank Group and fuboTV accelerates our ability to build a category-defining […]