Everything you need to need to know about the largest NYC startup funding rounds of February 2021; broken down by industry, stage, investors, and more…
The lottery is the most popular form of gaming with 49% of adults reporting buying a lottery ticket. For states, the lottery serves as a source of revenue to fund public education budgets, veteran services, infrastructure, and other public works. Jackpocket, founded in 2013, partners with official state lottery retailers and offers the players the convenience of getting in on the action from their phones, get automated alerts when they win, and even collect via the phone. Jackpocket, founded in 2013, partners with official state lottery retailers and offers the players the convenience of getting in on the action from their phones, get automated alerts when they win, and even collect via the phone. The company currently services eight states with plans to expand to new markets. The service went live in New York last month and is already responsible for 7% of all Powerball tickets sold in the state. Despite the pandemic slowing down the overall lottery market, Jackpocket grew 4x in 2020 and now employes a team of 175. AlleyWatch caught up with Founder and CEO Peter Sullivan to learn more about the $80B lottery industry’s push to go mobile, the company’s traction, future plans, and latest round of funding from investors that include Greenspring Associates, Gaingels, The Raine Group, David Blitzer, BRV Capital, Tegna, Circle K Corporation, and Sean Hayes.
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.
~$140M in funding raised! The latest venture capital, seed, pre-seed, and angel deals for NYC startups for 2/9/2021 featuring funding details for RapidSOS, Jackpocket, and much more.
Armed with some data from our friends at CrunchBase, I broke down the 8 NYC startup largest rounds during the first quarter of 2017. I have included some additional information as well such as industry, date of funding, and investors in the round, to further the analysis. For the purposes of this analysis to maintain a focus on […]