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 4/9/22 featuring funding details for Lilt, Remote, Cottage,, and twenty-five other rounds representing $1.99B in new funding that you need to know about.
The Weekly Notable Startup Funding Report: 3/21/22
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 3/19/22 featuring funding details for Gauntlet, Socotra, Rutter, and sixteen other rounds representing $936M in new funding that you need to know about.
#NYCtech Week in Review: 3/6/22 – 3/13/22
16 new deals and $946M+ in funding for the week. NYC Tech News for the week ending 3/12 featuring news for Flume Health, Koxa, Mojo, and much, much more.
The AlleyWatch Startup Daily Funding Report: 3/8/2022
6 new deals, $280M+ in funding during a busy day. The latest venture capital, seed, pre-seed, and angel deals for NYC startups for 3/8/2022 featuring funding details for Axonius, Hopscotch, and much more.
Addition Wealth Rasies $4.2M for its Employee Financial Wellness Platform
63% of full-time employees indicate that financial stress has increased during the pandemic; 72% of employees would be attracted to another company that cares more about financial well-being than their existing employers. Keeping employees engaged and satisfied during the current intensified competition for talent is not only good business but absolutely essential. Addition Wealth is a financial wellness platform for employees to receive trusted guidance in navigating their financial circumstances. Employers, through Addition Wealth, are able to offer financial education and tailored solutions to their employees as a workplace benefit with free, unlimited access to certified financial advisers in addition to a suite of digital tools. Founded by an ex-Uber employee, the company is able to address the needs of employees that have significant equity compensation components in addition to handling more traditional financial planning like budgeting, debt management, retirement, taxes, purchase of a home, and educational planning. AlleyWatch caught up with Addition Wealth CEO and Founder Ana Mahony to learn more about how Additional Wealth is democratizing access to financial solutions for employees, the company’s strategic plans, recent round of funding from investors that include Nyca Partners, Core Innovation Capital, and Financial Venture Studio.
#NYCtech Week in Review: 2/6/22 – 2/12/22
A busy week with 21 new deals and $340M+ in funding for the week. NYC Tech News for the week ending 2/12 featuring news for Splendid Spoon, EON, Leverage, and much, much more.
The AlleyWatch Startup Daily Funding Report: 2/9/2022
A busy day with 9 fundings and $208M+ in new funding! The latest venture capital, seed, pre-seed, and angel deals for NYC startups for 2/9/2022 featuring funding details for EasyKnock, Leaf Logistics, and much more.
#NYCtech Week in Review: 1/16/22 – 1/22/22
14 new deals and $300M in funding for the week. NYC Tech News for the week ending 1/22 featuring news for Trading.TV, Chatdesk, StrongArm Technologies, and much, much more…
April Raises $10M for its Tax Preparation Infrastructure Platform
For tax year 2020, there were 167M+ tax returns filed; 151M were filed electronically. While technology has slowly made its way into tax preparation, it’s been done largely in closed ecosystems. Further challenges include major tax preparation software providers H&R Block and TurboTax opting to recently exit the IRS’ Free File Program. Looking to capture this lost opportunity is April, a tax preparation infrastructure solution that works with banks and fintech companies to provide them with the backbone to handle their users’ tax needs as well as directly with consumers via their existing financial relationships (banks, apps, etc). Leveraging machine learning, open banking, and APIs, April’s platform integrates with financial institutions to automate tax preparation – no more shuffling around for bank statements and other documents. The company has successfully translated the tax code into a digital format that offers APIs that will fuel a new wave of innovation for developers and financial service providers by making tax-as-a-service a new offering, which ultimately leads to a more curated, personalized efficient, and optimized experience for filers. AlleyWatch caught up with April Cofounder Ben Borodach to learn more about how April is intent on changing the tax solution paradigm, the company’s strategic plans, and recent round of funding from investors that include Team8, NYCA Partners, Bolt by QED, Treasury, Euclidean Capital, iAngels and founders of several fintech unicorns.
The AlleyWatch Startup Daily Funding Report: 1/19/2022
The latest venture capital, seed, pre-seed, and angel deals for NYC startups for 1/19/2022 featuring funding details for Chatdesk, April, and much more.