Nov 6, 2023

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 the things that you may have missed in NYC Tech News for the week ending 11/4 including the NYC startup fundings , NYC startup exits , and NYC startup events featuring news for ESG Flo, 1up, ProjenX, and much, much more. Kasa Living – $70M Kasa Living, a tech-enabled hospitality provider, has raised $70M in Series C funding from investors that include Citi Ventures, FirstMark, New York Life Ventures, Fireside Investments, RET Ventures, Zigg Capital, and Ribbit Capital. Founded by Roman Pedan in 2016, Kasa Living has now raised a total of $213.8M in reported equity funding. Intenseye – $60.9M Intenseye, an AI-powered industrial workplace safety platform, has raised $60.9M in funding according to a recent SEC filing. The filing indicates that there were twelve investors in the round. Founded by Sercan Esen and Serhat Cillidag in 2018, Intenseye has now raised a total of $90M in reported equity funding. Covera Health – $25M Covera Health, an AI-enabled diagnostic technology company focused on radiology performance measurement and impact, has raised $25M as a Series C extension led by Insight Partners. Founded by Raz Winiarsky and Ron Vianu in 2017, Covera Health has now raised a total of $84.9M in reported equity funding. AlleyWatch broke the news in an exclusive covering the round and much more – Covera Health Adds $25M to its Series C Round for its AI-enabled Diagnostic Technology to Enhance and Measure Radiology Performance The AI revolution has already begun to rewire Wall St, and its impact has been strongly felt in one growing market in particular. Because, thanks to a Harvard data scientist and his crack team, everyday people can now benefit from a previously “off-limits” investment. The company that makes it all possible is called Masterworks, whose unique investment platform enables savvy investors to invest in blue-chip art for a fraction of the cost. Their proprietary database of art market returns provides an unrivaled quantitative edge in analyzing the art market. With all 16 of its exits, Masterworks has achieved a profit, with recent exits delivering +17.8%, +21.5%, and +35.0% annualized net returns. Intrigued? Alleywatch readers can skip the waitlist with this referral link . Justworks – $16.8M Justworks, the payroll and HR management platform for businesses, has raised $16.8M in funding according to a recent SEC filing. The filing indicates that the round comes from nineteen investors. Founded by Iris Ramos, Isaac Oates in 2012, Justworks has now raised a total of $159.8M in reported equity funding. ProJenX – $15M ProJenX, a biotech startup focused on developing treatments for amyotrophic lateral sclerosis (ALS) and other debilitating brain diseases, has raised $15M in Series A funding led by Medical Excellence Capital. Founded by Erin Fleming in 2021, ProJenX has now raised a total of $20.1M in reported equity funding. Charm – $6M Charm, a developer tool startup that’s focused on making the command line more useful, has raised $6M in Venture funding from investors that include Gradient Ventures, Cavalry Ventures, Fuel Capital, and Firestreak. Founded by Christian Rocha and Toby Padilla in 2019, Charm has now raised a total of $9.5M in reported equity funding. The AlleyWatch audience is driving progress and innovation on a global scale. There are a number of options to reach this audience of the world’s most innovative organizations and startups at scale including strategic brand placement, lead generation, and thought leadership in front of an audience that comprises the vast majority of key decision-makers in the NYC business community and beyond. Learn more about advertising to NYC Tech, at scale . ESG Flo – $5.25M ESG Flo, an AI-powered data infrastructure platform for sustainability teams, has raised $5.25M in Seed funding from investors that include Contour Venture Partners, Rho Capital Partners, Tola Capital, and Bain & Company. ESG Flo was founded by Sandeep Chand and Patrick Obeid in 2022. Yuzu Health – $5M Yuzu Health, an autmation platform for health plan reporting, has raised $5M in Seed funding from investors that include Lachy Groom, Day One Ventures, Altman Capital, WndrCo, and Browder Capital. Yuzu Health was founded by Max Kauderer, Russell Pekala, and Ryan Lee in 2022. Jona – $5M Jona, a consumer health company focused on understanding the relationship between the gut microbiome and health through personal testing, has raised $5M in Venture funding led by Breyer Capital and Meridian Street Capital. Jona was founded by Leo Grady in 2022. You are seconds away from signing up for the hottest list in NYC Tech! Agentio – $4.3M Agentio, an ad platform made specifically for creator content, has raised $4.3M in venture funding from investors that include Antler, Craft Ventures, AlleyCorp, Protagonist, and Permanent Capital. Agentio was founded by Arthur Leopold, Jonathan Meyers in 2023. 1up – $2.5M 1up, a knowledge automation platform, has raised $2.5M in Venture funding from investors that include Alumni Ventures, RRE Ventures, 8-Bit Capital, Andrew Peterson, Natalie Diggins, Aviso Ventures, Italmobiliare SpA, Samuel Clemens, and Nick Galbreath. Founded by George Avetisov in 2021, 1up has now raised a total of $4.5M in reported equity funding. Polymer – $1.69M Polymer, a no-code data loss prevention platform, has raised $1.69M in funding according to a recent SEC filing. The filing indicates that the total offering is for $3M and there were nine investors in this close. Founded by Usman Malik and Yasir Ali in 2020, Polymer has now raised a total of $7.69M in reported equity funding. The AI revolution has already begun to rewire Wall St, and its impact has been strongly felt in one growing market in particular. Because, thanks to a Harvard data scientist and his crack team, everyday people can now benefit from a previously “off-limits” investment. The company that makes it all possible is called Masterworks, whose unique investment platform enables savvy investors to invest in blue-chip art for a fraction of the cost. Their proprietary database of art market returns provides an unrivaled quantitative edge in analyzing the art market. With all 16 of its exits, Masterworks has achieved a profit, with recent exits delivering +17.8%, +21.5%, and +35.0% annualized net returns. Intrigued? Alleywatch readers can skip the waitlist with this referral link . Investing involves risk and past performance is not indicative of future returns. See important Reg A disclosures and aggregate advisory performance at masterworks.com/cd