Access to alternative investments like art and real estate have traditionally been reserved for the affluent. These investments have been long used by sophisticated investors to diversify their portfolios as these instruments tend not to correlate with the greater stock and bond markets. Yieldstreet is an alternative investment platform that provides access to investment opportunities across many alternative investment classes including real estate, fine art, aviation, and marine. The firm offers several types of investments – non-accredited investors can invest in a diversified fund, Prism Fund, that’s managed by the firm and provides quarterly distributions while accredited investors have access to direct investments across the various opportunities that YieldStreet originates. AlleyWatch caught up with CEO and Cofounder Milind Mehere to learn more about the company’s progress, future plans, and latest round of funding from investors that include Mitch Caplan, President of Tarsadia Investments, Kingfisher Capital, Top Tier Capital Partners, Gaingels, Edison Partners, Soros Fund Management, Greenspring Associates, Raine Ventures, Greycroft, and Expansion Venture Capital.
The AlleyWatch Startup Daily Funding Report: 6/2/2021
The latest venture capital, seed, pre-seed, and angel deals for NYC startups for 6/2/2021 featuring funding details for System, Jeeves, and much more.
Vista Equity Partners Acquires Majority Stake in TripleLift in a Deal Valued at $1.4B
TripleLift, the next-generation adtech platform focused on native programmatic advertising, has agreed to be acquired by Vista Equity Partners, the private equity firm founded by Robert F. Smith. The terms of the transaction were not disclosed but it has been reported that the transaction values TripleLift at $1.4B.
The 10 Largest NYC Tech Startup Funding Rounds of February 2021
Everything you need to need to know about the largest NYC startup funding rounds of February 2021; broken down by industry, stage, investors, and more…
The Weekly Notable Startup Funding Report: 3/1/21
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 2/27/21 featuring funding details for Reforge, Shippo, and thirty other rounds that you must know about.
Capital Rx Raises $50M to Bring Transparency to Prescription Drug Costs with its Fast-Growing Pharmacy Benefits Management Platform
In the United States, annual prescription drug spend accounts for ~10% of all health spending. Decreases in affordability in prescription drug costs make it more difficult for Americans to secure the drugs they need to be healthy, resulting in poorer overall health, which ends up costing society more in the long run – a vicious cycle The pressure of increased drug costs is also felt by government programs like Medicare and Medicaid. Capital Rx is the fast-growing pharmacy benefits manager that utilizes technology to introduce transparency to and make sense of this opaque market. The startup has built the first-of-its-kind Enterprise Pharmacy Platform to unify all facets of the pharmacy benefits management process into a single system, leading to never-before-found efficiency in pricing and improved patient outcomes. AlleyWatch caught up with CEO AJ Loiacono to learn more about the state of the pharmacy benefits management market, the company’s novel approach to making drugs more accessible, the company’s future plans, and recent round of funding from Transformation Capital and Edison Partners.
#NYCtech Week in Review: 1/31/21 – 2/6/21
With so much going on in the cityÕs thriving ecosystem, it is easy to miss some of the happenings in the space. We keep you abreast of the things that you may have missed in NYC Tech News for the week ending 2/6 including the NYC startup fundings, NYC startup exits, and NYC Tech events featuring news for Garner Health, Stash, panOpen, and much, much more.
The Weekly Notable Startup Funding Report: 2/8/21
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 2/6/21 featuring funding details for Opyn, Tovala, Good Eggs, and twenty-one other rounds that you must know about.
The AlleyWatch Startup Daily Funding Report: 2/2/2021
The latest venture capital, seed, pre-seed, and angel deals for NYC startups for 2/2/2021 featuring funding details for Capital Rx, Alma, and much more.
The 13 Largest NYC Tech Startup Funding Rounds of January 2021
Everything you need to need to know about the largest NYC startup funding rounds of January 2021; broken down by industry, stage, investors, and more…