“Investors don’t like hardware, and rowing can be perceived as a niche interest. We had to respond to concerns like ‘what if Peloton copies your content,’ and manage the difficulty of effectively demo-ing our product given that it’s a large piece of hardware and COVID-19 made transporting the rowers a bigger challenge.” Learn more about how Tom Aulet of Ergatta, a connected fitness startup that offers elegantly designed in-home rowing machines with a gamification element, was able to successfully raise $5M for the company during the pandemic from investors that include Greycroft and Techstars.
The busiest week on record for NYC startup activity since the pandemic hit! NYC Tech News for the week ending 7/18 including the NYC startup fundings, NYC startup exits, and NYC Tech events including news for Medly Pharmacy, Crisp, Ergatta, and much more…
The Weekly Notable Startup Funding Report takes 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 fundings for the week ending 7/18/20 featuring funding details for Homee, Crisp, Skydio, and much much more.
The latest venture capital, seed, pre-seed, and angel deals for NYC startups for 7/16/2020 featuring funding details for Ergatta, Crisp, and much more.