Distributed ledger trading and new crypto finance products are swiftly being adopted by financial institutions across the globe. Curv unlocks this market for participants and accelerates institutional adoption of its security infrastructure. The company’s unique multi-party computation (MPC) technology eliminates the need for private keys on obsolete hardware and is completely cloud-based. CEO and Cofounder Itay Malinger shares more on the partnerships that traction the company has built, the security benefits of the technology, fundraising during the pandemic, and the company’s latest round of funding, which brings the total funding raised to $29.5M since 2018.
The pandemic has accelerated the adoption of nearly anything that can be done remotely and telehealth has been one of the immediate beneficiaries. Ro is the digital telehealth company whose digital clinics allow patients to leverage technology for affordable access to common health services. With this latest funding, Ro has tripled its valuation from in the last fifteen months since its Series B (this round comes at a $1.5B valuation) and is on pace to do $250M in revenue this year. We caught up with CEO and Cofounder Zachariah Reitano to learn more about the company’s impressive growth, plans to double the size of its engineering team, and the latest round of funding from investors that include General Catalyst, FirstMark Capital, Torch Capital, SignalFire, TQ Ventures, Initialized Capital, 3L, BoxGroup, and The Chernin Group.
COVID has brought contactless to the forefront in situations where technology can replace human interaction. This societal shift has had a significant impact on the real estate industry, forcing it to reexamine how to better serve and communicate in times where in-person interactions are not advisable. MeetElise has built an AI personal assistant that helps leasing agents manage the rental process and respond immediately to prospect leads, questions, and even schedule guided tours. The company’s growth is up 50% during COVID. CEO Minna Song shares more about how the platform is simplifying the rental process with AI, how leasing agents are reclaiming 2-3 hours a day with automation, and the company’s recent funding from investors that include Navitas Capital, AvalonBay Communities, and Equity Residential
Applicaster’s Zapp App Management Platform simplifies the development and lifecycle management of OTT media applications. In an era, where media companies must be where the audience is, Applicaster enables these companies to seamlessly widen their distribution without custom development for each platform and multiple codebases. CEO and Cofounder Jonathan Laor shares more on how the company was bourne out of need, prescient in its thinking, and was able to recently close its latest funding round from investors that include Viola Growth, 83 North, Pitango, Saban Ventures, Planven Investments, and La Maison
As the COO and Cofounder of Blue Apron (IPO 2017), Matthew Wadiak saw firsthand the problem with the country’s food supply chain. His latest venture, Cooks Venture, is reimagining the chicken farming industry with regenerative agriculture. Slow-growth, heirloom chickens are bred on the 800-acre farm that not only produces healthier chickens for humans but also has a reduced environmental footprint as compared to the “factory farms” where most chickens come from. Today, Cooks Venture announced a $10M Series A round from investors that include SJF Ventures, Cultivian Sandbox, Larry Schwartz, and John Roulac. Wadiak shares some insights on the agriculture industry, where it needs to head, and Cooks’ future plans.
“We have all walked into a grocery store and seen empty shelves, while food is being wasted at alarming levels. This paradox is the result of thousands of food companies being dependent on outdated, siloed infrastructure. Crisp transforms the value chain by providing an open data flow to solve critical problems such as out-of-stock, shrink, on-shelf optimization, and adaptation to changes in consumer demand.” We caught up with serial entrepreneur and Founder Are Traasdahl (exit Tapad for $360M) to learn more about how Crisp’s technology helps better manage the food supply chain during the pandemic, the company’s impressive growth, and recent funding round from investors that include FirstMark Capital, Spring Capital, and Swell Partners.
“NUGGS has evolved into the fastest-growing chicken nugget on the planet” Can chicken nuggets be disrupted? We caught up with SIMULATE founder and CEO Ben Pasternak to learn more about how he is bringing software development principles of feedback loops and agile manufacturing to plant-based nutrition choices that are a viable alternative to animal-based meats. The company just closed its Series A round from investors that include Lerer Hippeau, Walter Robb, Alex Ohanian, AgFunder, McCain Foods, Rainfall Ventures, Jasmine Tookes, Neil Parikh, and Bob Pittman.
The latest news from venture capital firms in NYC for the first half of July 2020 featuring must-know news including news for MetaProp, Addition, HOF Capital, and much more.
Rooms service, even at the finest of hotels, can be hit or miss. Usually expensive, untimely, and a hodgepodge of items, in-house hotel dining is often best avoided. Butler Hospitality addresses this through its cloud kitchen for hotels, where the company takes over hotel kitchens and provides turn-key food and beverage services that make room service profitable again. Founder and industry veteran Tim Gjonbalic shares more about how Butler elevates the in-house dining experience at hotels, how the company weathered the downturn in the hospitality industry due to COVID-19, and the company’s $15M Series A round from investors that include &vest, Scopus Ventures, Mousse Partners, Kraft Group, and Loeb.nyc.
The average time to get a drug to market, crossing FDA hurdles, is 12 years and costs in excess of $1B. And in those twelve years, there is animal testing, human trials, and dozens of other steps that a company needs to go through. TARA Biosystems has found a way to generate human tissue OUTSIDE of the body that can be used in the drug development process to test safety and effectiveness without harming animals or risking human life. CEO Misti Ushio shares some insight on the potential of in vitro biology for drug development, TARA Biosystem’s different lines of business, and recent funding round from investors that include OMX Ventures, Merieux Equity Partners, Partnership Fund for New York City, Trancos Ventures, DEFTA Partners, and Tachyon Ventures.
“Data is the new oil” and MayStreet provides that oil to the financial services industry, ranging from traders to regulators. The company’s robust real-time data infrastructure platform provides a full view of the book on equities, bonds, and derivatives, time-stamped to the nanosecond level. CEO and Cofounder Patrick Flannery walks us through how the inspiration for the business came to him and his cofounder while working as engineers in the hedge fund world, how the company landed the SEC as a client, and the company’s recent funding round led by Credit Suisse Asset Management’s NEXT Investors.