TechNY Daily
February 28, 2022
Edition 692
Keeping Our 50,000 NYC Tech Industry Readers Informed and Connected
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1. NYC’s BlueVoyant, a cybersecurity startup, has raised $250 million in a Series D funding at a valuation exceeding $1 billion. Liberty Strategic Capital led the round and was joined by ISTARI and Eden Global Partners. BlueVoyant combines a mix of proprietary technology, third-party tools and professional services to manage an organization’s internal and external cybersecurity risks. (www.bluevoyant.com) (TechCrunch)
2. NYC landlords and politicians are trying to stop fast-delivery startups from renting additional vacant stores in residential neighborhoods. Startups like GoPuff, Gorillas, Jokr and Getir have combined to lease anywhere between 150 and 200 NYC retail spaces in the past year. However, they are now running into a number of obstacles including potential zoning issues and landlords who are not excited about them as tenants. (The Real Deal)
3. NYC’s Minded, an online mental health medication prescriber, has raised $25 million in a seed funding. Investors included Streamlined Ventures, Link Ventures, The Tiger Fund, Unicorn Ventures, Trousdale Ventures, Gaingels, SALT Fund and TheFund. Minded’s platform allows consumers to video chat with a psychiatrist or nurse practitioner who then prescribe appropriate medication. (www.tryminded.com) (TechCrunch)
4. NYC’s Cortina, an e-commerce marketplace platform, has raised $6 million in a seed round funding. Mets Owner Steven Cohen’s Point72 Ventures led the round and was joined by Kevin Ryan’s AlleyCorp, NYC’s Primary Venture Partners, Blue Watch and Lorimer. Cortina’s Marketplace platform enables online retailers to expand beyond their core business into new categories and products without taking on any inventory. (www.cortinaplatform.com) (PR Newswire)
5. Tattle, a Customer Experience Improvement platform for restaurants, has raised $5.5 million in a Series A funding. The round was led by Contour Ventures and joined by investors including celebrity chef Tom Colicchio and former Shake Shack CFO, Jeff Uttz. Tattle’s platform collects guest feedback and measures satisfaction across all-digital ordering channels, such as dine-in, take-out, delivery and drive-through. (www.gettattle.com) (Restaurant News)
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6. According to the New York Post, employees of NYC’s Buyk, a Russian-funded grocery delivery app, are nervous that new sanctions against Russia could threaten their jobs. Buyk, co-founded by two Russian entrepreneurs, currently offers 15-minute grocery deliveries in every borough except Staten Island, as well as in Chicago. (www.buyk.com) (New York Post)
7. NYC’s Beyond Identity, a passwordless identity management platform, has raised $100 million in a Series C funding. The round was led by Evolution Equity Partners with participation from New Enterprise Associates, Netscape founder Jim Clark, Potentum Partners, Expanding Capital and HBAM. The company seeks to replace passwords “with fundamentally secure” X.509-based certificates. (www.beyondidentity.com) (TechCrunch)
8. NYC’s Check, a payroll as a service platform, has raised $75 million in a Series C funding. Stripe led the round and was joined by NYC’s Thrive Capital, Bedrock and Index. Check’s platform gives software developer an easy way to integrate payroll processing into their products. (www.checkhq.com) (PR Newswire)
9. NYC’s Tropic, a software procurement platform, has raised $40 million in a Series B funding. The round was led by NYC’s Insight Partners. Tropic is an end-to-end platform to buy software, manage contracts and monitor usage. (www.tropicapp.io) (PR Newswire)
10. NYC’s Balanced, a digital fitness platform for older adults, has raised $6.5 million in a seed funding. Founders Fund and NYC’s Primary Venture Partners led the round and were joined by Lux Capital and Stellation Capital. Balanced offers live and on-demand fitness classes geared toward older adults which are modified for injuries, age and health conditions. (www.hellobalanced.com) (MobiHealthNews)
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