With so many moving parts in the home improvement process, nothing ever goes as exactly planned. Many of the hurdles of the home renovation process like over-budget, delays, workmanship issues can be solved with better communication and properly managing expectations and timelines between homeowners and contractors. Block Renovation is a managed marketplace platform that leverages technology to guide homeowners and contractors through the renovation process to ensure that projects are completed on time and on budget. The company uses a proprietary design system and suite of homeowner tools to get projects rolling and connects the homeowner to a contractor from a pre-vetted network of construction specialists. Initially focused on bathroom renovations in the New York market, Block has expanded to cover kitchen renovations and also into the Los Angeles market. The pandemic created a renewed interest in home improvement as we spend more time at home and as a result, the startup, founded in 2017, has experienced triple-digit growth. AlleyWatch caught up with Cofounder Koda Wang to learn more about how the company is alleviating the stress commonly found with home improvement projects, the growing interest in home renovation during the pandemic, the company’s strategic plans, latest round of funding from investors that include NEA, Giant Ventures, Lerer Hippeau, Morningside, and Obvious Ventures, and much, much more.
20 new fundings; $680M+ in new funding secured for NYC startups this past week. NYC Tech News for the week ending 7/24 featuring news for Block Renovation, Ethena, Aiera, and much, much more.
8 fundings totaling $395M including three rounds that you will not read about anywhere else + details of a company that’s building floating cities in the ocean. The latest venture capital, seed, pre-seed, and angel deals for NYC startups for 7/20/2021 featuring funding details for Lev, Tilting Point, and much more.
Despite the United States spending more per capita on healthcare, life expectancies are the same or worse as compared to other developed nations. One of the reasons that outcomes are not better is the organizations that sit between doctors and patients, mainly in the form of insurance companies and healthcare institutions. This added layer creates a compounded principal-agent problem where the best treatment and options for patients may not be used as they are not necessarily in the best financial interest of the other stakeholders. Sesame, a direct-pay marketplace, simplifies healthcare with its digital platform that allows patients to find, book, and pay for care (virtual or offline). Featuring over 1,000 providers offering nationwide coverage, Sesame focuses on telehealth visits, video dental consultations, and virtual prescription refills to cover an array of conditions. By directly establishing a link between patients and doctors, the platform saves patients up to 60% on the cost of care without the added headache of dealing with complicated insurance claims. AlleyWatch caught up with CEO and Cofounder David Goldhill to learn more about how Sesame makes healthcare more accessible, the company’s strategic plans, recent round of funding from investors that include Giant Ventures, Industry Ventures, and Coefficient Capital, General Catalyst, Entree Capital, and Atreides Management.
19 fundings; $905M+ invested in NYC startups in the past week. NYC Tech News for the week ending 5/1 featuring news for Sesame, Vivrelle, and much, much more.
The latest venture capital, seed, pre-seed, and angel deals for NYC startups for 4/27/2021 featuring funding details for Current, Sesame, and much more.
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 2/13/21 featuring funding details for SplashLearn, Mighty Buildings, Fabric, and fifteen other rounds that you must know about.