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The Pulse of New York Tech

Kaiyo

#NYCtech Week in Review: 3/27/22 – 4/2/22

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20 new deals and $400M+ deployed into NYC companies for the week to close Q1. NYC Tech News for the week ending 4/2 featuring news for January, Betty, Electric, and much, much more.

The Weekly Notable Startup Funding Report: 4/4/22

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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 4/2/22 featuring funding details for Brightline, Docker, Arena.im, and nineteen other rounds representing $1.12B in new funding that you need to know about.

Kaiyo Raises Another $5M for its Used Furniture Marketplace That Also Handles Delivery and More

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Anyone who has moved apartments in New York knows how difficult it can be to move with furniture. Many New Yorkers opt to just sell and purchase furniture – creating an endless cycle of spending and environmental waste. Kaiyo is an online marketplace for buying and selling pre-owned furniture. While there are a number of options for pre-owned furniture (Craigslist, Facebook marketplace, et al), Kaiyo is the only one that handles the most tedious part of the process – the logistics of the sale. The startup, founded in 2014, picks up the item, cleans, photographs, and even delivers it to the buyer, storing the items in its own warehouse until the sale, eliminating this massive pain point for consumers. AlleyWatch caught up with CEO and Founder Alpay Koralturk to learn more about how his seventh move in New York inspired the company, how the Series A came to fruition from interest from a satisfied user that happened to be a venture capitalist, the company’s strategic plans, and latest funding round from investors that include Moderne Ventures, Lerer Hippeau, and Max Ventures.