3D geospatial models are superior to 2D models when it comes to planning purposes as 3D is able to effectively capture terrain, sites, buildings, vegetation, infrastructure, and landscape elements. These can also be layered with additional data sets for use in presentations, planning, exploration, analysis, and management applications in a dynamic format that can readily adapt to changing conditions. However, building these 3D models has traditionally been expensive and time-consuming. Geopipe is a deep learning-powered engine that creates what the company calls “digital twins” that are constructed from raw sensor data and then combined with data processed through a semantic engine to add further context to create the Metaverse, a “massively multi-use environment that replicates our real world”. The platform is versatile as it can be applied to a variety of use cases including training simulations, city planning, coastal resiliency planning, construction, and even gaming. Geopipe’s models can be integrated into existing workflows that use 3D software or gaming/VR engines and can be accessed for as low as $100/mo for commercial use. AlleyWatch caught up with Geopipe CEO and Cofounder Christopher Mitchell, Ph.D. to learn more about the genesis of the company, future plans, latest round of funding from investors that include Village Global, Matrix Partners, the Alexa Fund, and AME Cloud Ventures.
The latest venture capital, seed, pre-seed, and angel deals for NYC startups for 10/13/2021 featuring funding details for Mulberry Technology, Yup, and much more.
There’s been a growing movement towards outcome-based healthcare payments as value-based care moves to the forefront of the discussion on how to contain ballooning healthcare costs. However, implementing true value-based healthcare is a challenge. In order for care teams to be incentivized to understand the full extent of a patient’s condition to provide comprehensive care plans, they need to track various records across disparate sources, introducing a logistical hurdle in terms of workflow. Stellar Health is a point-of-care platform that provides practitioners with an actionable checklist of recommended actions to improve patient outcomes and compliance based on clinical and behavioral data, broken into simple steps. The platform also includes an analytics suite and structured incentive payment program, both of which are designed to meet the needs of payors, providers, and healthcare systems by ensuring that providers are providing optimal care and being compensated for such while payors can rest assured that costs are contained and patient outcomes are optimized. Stellar currently has over 60+ collaborations, covering 300K patients across 20 states. AlleyWatch caught up with Stellar Health Cofounder and CEO Michael Meng to learn more about the future of value-based care, the company’s strategic plans, latest round of funding from investors that include General Atlantic, Point72 Ventures and Primary Venture Partners.
5 new fundings totaling in excess of $400M! The latest venture capital, seed, pre-seed, and angel deals for NYC startups for 10/12/2021 featuring funding details for WattBuy, Bond Vet, and much more.
Everything you need to need to know about the largest global startup funding rounds of September 2021; broken down by industry, stage, investors, and more…
Robo-advisory investment firms nearly control just shy of a $500B as of 2020. With millennials and Gen Z building significant investable assets, the assets under management are expected to triple by 2025. Betterment is a digital investment adviser that offers its advisory and management services catered towards three segments – retail investors, businesses through 401Ks, and financial advisors. Using algorithms that match appropriate investments to a customer’s short-term and long-term financial needs, the platform is able to offer tax-advantaged investment management for a fraction of the fees charged by traditional investment advisors. The company, founded in 2008, now has $32B AUM across 700,000 clients. AlleyWatch caught up with Betterment CEO Sarah Levy to learn more about the company’s growth, expansion plans, latest round of funding from investors that include Treasury, Kinnevik, Bessemer Venture Partners, Francisco Partners, Menlo Ventures, Anthemis Group, Globespan Capital Partners, Citi Ventures, and The Private Shares Fund, Aflac Ventures, and ID8 Investments.
According to an analysis of Fakespot data, as much as 39% of online reviews and recommendations are fake. With an increasing number of bots, anonymous users, and incentivized reviews, would-be consumers are inundated with often inaccurate and unreliable information. RecSpot is a social recommendation platform that only displays recommendations from friends and trustworthy contacts. Users are able to curate their own personalized list in a centralized destination rather than sending individual messages and going through the disparate experience of visiting dozens of different channels. The company, which just launched, is focused on entertainment at launch, with recommendations focusing on television and film. The company will launch into new verticals including dining, hospitality, shopping, and more. The app is live and available for iOS and Android. AlleyWatch caught up with RecSpot Founder Ian O’Brien to learn more about the inspiration for the business, the company’s strategic roadmap, recent round of funding, and much, much more.
Each of these companies raised at least $200M; all are hiring. Everything you need to need to know about the largest US startup funding rounds of September 2021; broken down by industry, stage, investors, and more…
The Weekly Notable Startup Funding Report takes us on a trip across various ecosystems in the US, highlighting some of the notable funding activity in the various markets that we track. The notable startup funding rounds for the week ending 10/2/21 featuring funding details for Kyte, RoboTire, Pandion, Esper, and twenty other rounds that you need to know about.
One of the key challenges preventing the widespread use of 3D, VR, and AR technologies is that achieving scale efficiently is difficult when development teams have to account for tailoring their projects for a growing ecosystem of specific devices and then maintaining these siloed experiences. echo3D is a content management system and content delivery network that gives developers the tool to confidently build using its back-end platform technology and ensure that the user experience will be fluid throughout. Similar to what headless architecture has done for commerce, echo3D decouples the back-end from the front with server-side infrastructure, providing the tools and a network platform. By essentially streamlining the creation of and offloading the maintenance of the back end for emerging technology development, like AWS has done for servers, echo3D allows developers to get to market faster and focus on building greater user experiences on the front end. The company, which just rebranded from echoAR, already has 12,000+ developers using the platform to build, maintain, and distribute their applications through a freemium model. AlleyWatch caught up with echo3D CEO Alon Grinshpoon to learn more about how a unified cloud infrastructure for 3D/AR/VR applications will foster widespread creation of tomorrow’s cutting edge applications, the company’s strategic plans, latest round of funding from investors that include Konvoy Ventures, Space Capital, and Remagine Ventures.
NYC VCs did not take a summer vacation as there was $3.4B+ in new funding for NYC startups in September. Aggregate statistics for all NYC funding deals by stage of funding (Early, Series A, Series B, and Late) including mention of notable rounds for September 2021.