The pharmacy benefits industry is estimated to be worth $550B per annum but it’s filled with complexity and inefficiencies. There’s also no incentive for the incumbent companies to change the model to offer more transparency. Capital Rx, the technology-driven pharmacy benefits manager for employers, challenges that. Launched in 2017, the startup aggregates structured and […]
Funded in the Alley
Glitch Raises $30M to Redefine the Way the Web is Built
Steve Jobs once said that everyone in this country should learn how to code; however, many people shy away from coding due to the steep learning curve that is required to create a fully functional website or app. Glitch, the two-year-old NYC startup launched by the team behind Trello (acquired) and Stack Overflow, gives everyone the […]
kencko Raises $3.4M to Ensure You Get Your Daily Vegetable and Fruit Intake
You’re supposed to have a 5-a-day fruit and veggie intake according to various national campaigns and the World Health Organization. However, according to the CDC, only 1/10 adults are achieving this guideline. kencko want to change this. The company, launched in 2016, offers pre-mixed drink packets comprised of 100% organic fruits and vegetables that do […]
goTenna Raises Another $24M to Bring Connectivity in Situations When it is Needed the Most
Losing touch with the outside world during calamitous events like natural disasters is still a serious concern even in this age of what seems to be constant connectivity. goTenna addresses this problem with its decentralized communication infrastructure network that is virtually indestructible and designed for the times where communication may most be needed. Founded in 2012, […]
These 15 NYC Startups Raised the Most Capital in Q2 2019
Everything you need to need to know about the largest NYC startup funding rounds for Q2 2019; broken down by industry, stage, investors, and more…
Button Raises Another $30M to Make Seamless Mobile Commerce a Reality
Mobile commerce transactions will exceed $2.3T in 2019 with growth forecasted to continue well into 2025. One of the biggest challenges with transactions on mobile has been the user experience – it’s just difficult for consumers to click on ads that were likely designed for desktop and complete transactions on their phones. Square peg; round […]
These are the 10 Largest NYC Tech Startup Funding Rounds of June 2019
Chief Raises Another $22M for its Private Network for Senior Female Leaders in Business
There has been a lot of chatter about creating gender parity in the workplace and this NYC startup is systematically ensuring that it happens and quickly. Chief is the private network designed specifically for women leaders to advance their careers through a mix of curated opportunities focused on education, an in-person space, programming, and events. […]
AUrate Raises $13M for its Elegant Direct-to-Consumer Gold Jewelry Brand
It’s a quintessential New York story. Two founders were at brunch discussing their discontent with the jewelry standards – low quality, overpriced “gold” jewelry that had been turning their fingers green. The duo, who met while at graduate school at Princeton, set out to turn the jewelry marketplace upside down by launching AUrate in 2015. Founded […]
Climb Credit Raises Another $9.8M for Student Loans for Career Training
The student loan crisis has always been a hot topic and it’s estimated that student loans collectively totals at a whopping $1.4 trillion dollars. The risings cost of education are making students question the return they will receive from their educational endeavors. Climb Credit believes there is a way to solve this dilemma. The startup founded […]
Alma Raises Another $8M and For its Community and Shared Space for Mental Health Professionals
There are over 700,000 mental health professionals in the US alone with a 20% average growth rate year-over-year. Alma caters to this burgeoning community of mental health practitioners with its co-practicing community for therapists, coaches, and wellness professionals. Members are able to effectively grow their business with a tailored experience, complete with the tools and resources designed […]