March 2021 was the single best month for NYC startup funding in history. These companies led the funding charge with 16 mega ($100M) rounds between them, raising $3.5B in aggregate during the month.
Robotic process automation (RPA) enables businesses to free up their human capital to focus on higher-value tasks by automating repetitive, tedious tasks. These robotic systems also free up IT departments as they do not require any specialized skillset to deploy, end up being cost-effective in the longer term, and more accurate. WorkFusion has built its Intelligent Automation enterprise-level software that allows highly -regulated specialized industries like banking, finance, and healthcare to seamlessly adopt RPA. The bots learn in real-time and this knowledge is shared across WorkFusion’s bot ecosystem with sensitive information stripped out so that all customers benefit from a network learning effect. The company counts companies like Deutsche Bank, Hewlett Packard, Standard Bank, and Humana as customers and these partners have been able to save up to 50% in time and 50% in costs for tasks that WorkFusion has been able to automate. AlleyWatch caught up with President and CEO Alex Lyashok to learn more about the power of combining AI, machine learning, and RPA for the enterprise, the company’s future plans, impressive traction, and latest round of funding led by Georgian.
$878M+ invested in NYC startups in the past week; three newly-minted unicorns. NYC Tech News for the week ending 3/13 featuring news for Apploi, Hugging Face, and much, much more.
The notable startup funding rounds for the week ending 3/13/21 featuring funding details for Neeva, Tetrate, and seventeen other rounds that you must know about.
The latest venture capital, seed, pre-seed, and angel deals for NYC startups for 3/10/2021 featuring funding details for WorkFusion, Wrapbook, and much more.
The latest venture capital, seed, pre-seed, and angel deals for NYC startups for 2/16/2021 featuring funding details for Realm, Pawlicy Advisor, and much more.
Armed with some data from our friends at CrunchBase, I broke down the 20 NYC startup largest startup funding rounds during the second quarter of 2018. I have included some additional information as well such as round type, industry, brief description, date of funding, and total equity funding raised to further the analysis. For the purposes of this analysis […]
With so much going on in the city’s thriving ecosystem, it is easy to miss some of the happenings in the space. We keep you abreast of a few of things that you may have missed in NYC Tech News this week including the fundings, exits, and events. CLICK HERE TO SEE WHAT HAPPENED IN NYC […]
Armed with some data from our friends at CrunchBase, I broke down the 10 largest NYC Startup funding rounds in New York during the month of April. I have included some additional information such as industry, brief company description, round type, total equity founding raised, and date of funding to further the analysis for the state of venture capital in […]
Here are the latest venture capital, seed, and angel deals for NYC startups for 4/6/18. This page will be updated throughout the day to reflect any new fundings.