The latest venture capital, seed, pre-seed, and angel deals for NYC startups for 11/26/2021 featuring funding details for Mosaic Foods, Sollis Health, and much more.
91% of markets believe there is still room for growth in showcasing diversity in their market materials. There’s been a seismic shift for brands to ensure that their values are reflective of the gender, racial, sexuality realities of today’s consumer population, which is now more diverse than ever before. The Luupe is a marketplace and professional community for brands to connect with and hire women and non-binary photographers. Founded by a former Shutterstock executive, the platform provides professional guidance to this segment of photographers that have traditionally been overlooked while handling the production and creative process for brands. Partners on the platform include Sweetgreen, Go Henry, Cha Cha Matcha, Dropbox, and Sierra Club. The Luupe is free for the photographers with brands paying for the services and licensing fees for the content that’s produced. AlleyWatch caught up with The Luupe CEO and Founder Keren Sachs to learn more about the inspiration for the business, the profound economic impact that the platform creates for diverse photographers, the company’s strategic plans, recent round of funding from investors that include Wave, Jenny Lefcourt, Tracy Kim, Jody Vandergriff, and Lee Torrens, an early employee at Canva.
The latest venture capital, seed, pre-seed, and angel deals for NYC startups for 11/24/2021 featuring funding details for Verbit, Vendorful, and much more.
The shortage of affordable housing is reaching crisis proportions across the country where many individuals are spending more than fifty percent of their income to secure housing. While new housing starts continue to increase, developers have traditionally opted to shy away from the affordable housing market and the associated regulatory requirements to focus on more lucrative opportunities. Pronto Housing is an end-to-end SaaS platform that manages the affordable housing compliance process, relieving property owners of the administrative responsibilities. By reducing the burden with technology, affordable housing projects become more economically viable, and in turn, this leads to an increase in the supply of affordable homes for those that are at risk of housing instability. By streamlining the process for property developers, they are able to take advantage of the many affordable housing development programs offered by the federal government and local government agencies. With Pronto, property owners can reduce the time spent on compliance by 5x. For residents, their annual certifications and application process is also optimized. The company, in beta, already works with a number of property owners that manage over 2000 units. AlleyWatch caught up with Pronto Housing CEO and Cofounder Christine Wendell to learn more about how technology can drive the creation of affordable housing, the company’s strategic plans, and recent round of funding from investors that include Wilshire Lane Partners, Nine Four Ventures, Essence Development, Jamar Adams, Lemor Development Group, and Sara Shank.
The latest venture capital, seed, pre-seed, and angel deals for NYC startups for 11/23/2021 featuring funding details for Updater, SWORD Health, and much more.
One in six students experiences a mental health disorder each year. Not only do undiagnosed, untreated, or inadequately treated mental health issues reduce a student’s ability to learn but these factors also lead to high incidences of future dropout, substance abuse, arrest, incarceration, and unemployment. Robin is a social and emotional learning platform that connects students and teachers to mental health coaches and curriculum designed to improve their mental wellbeing. With the average school counselor-to-student ratio at 461:1, the platform leverage technology to make much-needed support from world-class mental health coaches widely available to school districts. In addition to supporting the needs of students, Robin is also a resource for the educators who are working on a day-to-day basis with their students. Robin tailors curriculums to build skills for students to increase self-esteem, manage anxiety, and build connection. AlleyWatch caught up with Robin CEO and Cofounder Sonny Thadani to learn more about the critical increased accessibility Robin brings to mental health treatment, destigmatizing mental health in schools, the company’s strategic plans, and recent round of funding from investors that include Eagle Proprietary Investments, Limitless Ventures, and Deborah Quazzo.
With customer acquisition costs soaring, building loyalty among existing customers is of critical importance. Well-designed loyalty programs offer a number of benefits for brands including increased share-of-wallet, improved referrals, and increased trust for future purchases. Imprint is a fintech and rewards infrastructure platform that allows brands to seamlessly deploy their own branded payment solutions as well as rewards programs. For years, branded payment options were exclusively for large companies that offered co-branded credit cards with legacy card issuers (e.g. airline credit cards). With Imprint, companies large and small can design their own tailored payment options (either through a branded card or even a branded payment button) and rewards programs in less than a week. With the savings in credit card fees from bringing their payment infrastructure in-house, merchants are able to offer engaging rewards programs without incurring additional cost. Customers get 5% back from their favorite brands and a minimum of 1% for other purchases while brands are able to save up to 90% of their payment processing costs. AlleyWatch caught up with Imprint CEO and Cofounder Daragh Murphy to learn more about how Imprint modernizes and optimizes the payment experience for both brands and customers, the company’s strategic plans, and latest round of funding from investors that include Kleiner Perkins, Stripe, Thrive Capital, Affirm, Allen & Co., James Corden, and Lloyd Blankfein.
Six deals totaling $750M+ in new funding including two NYC startup deals that you will not find anywhere else.
Additive manufacturing has disrupted the entire manufacturing process paving the way for the rap-id adoption of 3D printing to create stronger, lighter, more complex parts and sys-tems. nTopology is the first engineering design software built natively for this shift to generative design. The company’s nTop platform accelerates the design process through reusable workflows, allowing design teams to model different materials virtually and on the fly rather than having to build multiple prototypes. Used by engineers working in a range of industries from aerospace, au-tomotive, medical, and consumer products, the platform can run 3,000 possible iterations in an hour. Within the next 5 years, engineering companies will shift production of 30% of all parts to additive or advanced manufacturing processes. nTopology customers include organizations like GE Health, Renishaw, U.S. Airforce, and Lockheed Martin. AlleyWatch caught up with nTopology Founder and CEO Bradley Rothenberg to learn more about nTopology, how the nTop Platform supports generative design and 3D printing, and the company’s latest funding round from inves-tors that include Tiger Global, Oldslip Group, Root Ventures, Canaan Partners, Haystack, and Insight Partners.
TEN new rounds in the busiest day of the quarter thus far; ~$350M in new funding.
According to the U.S. Bureau of Labor Statistics, 1 out of 8 Americans is employed in the healthcare industry. However, even with such prevalence, there has not been a centralized resource offering accurate and actionable information on healthcare professionals. Enter H1, the most comprehensive dataset of all medical professionals in the US. Featuring over 10M healthcare provider profiles, the company’s network serves as a go-to search platform for life sciences companies, hospitals groups, healthcare systems, and medical academia that are looking to connect with physicians. Profiles are built leveraging machine learning to ingest scholarly data and medical claims data, thus offering unbiased relevancy related to expertise. Physicians are also able to contribute to their profiles. With such a robust set of data, H1 can be used in a variety of use cases. For example, pharmaceuticals companies are able to recruit participants for clinical trials through an understanding of a practitioner’s patient demographics. AlleyWatch caught up with H1 CEO and Cofounder Ariel Katz to learn more about bringing big data to healthcare, the company’s strategic plans, and latest round of funding from investors that include Altimeter Capital, Goldman Sachs Asset Management, Flex Capital, IVP, Menlo Ventures, Transformation Capital, Lux Capital, dRx Capital, and Lead Edge Capital.