TechNY Daily
December 11, 2020
Edition 525
TechNY15 Stock Index: 1,486.23 (-155.57)
Keeping the NYC Tech Industry Informed and Connected
1. NYC’s GoHenry, a pre-paid card and finance app for 6–18 year olds, has raised $40 million in a venture funding round. Princeton’s Edison Partners led the round with participation by Gaia Capital Partners, Citi Ventures and Muse Capital. The company now has 1.2 million members — which includes both parents and children — and has doubled its customer base annually for the last six years.(www.gohenry.com) (TechCrunch)
2. Car-sharing startup Turo is returning to New York. Seven years ago, the company left New York, its largest market, after a dispute with insurance regulators. Starting in January, small independent car rental companies will be able to list rentals on the Turo website and app. (www.turo.com) (Insurance Journal)
3. NYC’s Supergreat, an app for beauty enthusiasts, has raised $6.5 million in a Series A funding. Benchmark led the round and was joined by NYC’s Thrive Capital, TQ Ventures, K5 Global, Shrug Capital, Hannah Bronfman and Rent the Runway co-founder Jenny Fleiss. The community-based Supergreat app allows users to review, shop, and share tips on their favorite products. (www.supergreat.com) (BusinessWire)
4. NYC’s Welcome, an HR software developer, has raised $6 million in a seed funding. FirstMark Capital led the round. The company’s platform is designed to help organizations close candidate offers by providing a clear picture of compensation, particularly around equity. (www.heywelcome.com) (TechCrunch)
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5. NYC’s Bizzabo, an online platform for event organizers, has raised $138 million in a Series E funding. Insight Partners led the round and was joined by investors including Viola Growth, Next47 and OurCrowd. Bizzabo’s platform can be used to plan and run both virtual and in-person conferences. (www.bizzabo.com) (TechCrunch)
6. Tom Brady and John Mayer have invested in NYC’s Hodinkee, a content and e-commerce site for high end watches. Other investors in the $40 million Series B round included TCG, GV (Google Ventures), LVMH Luxury Ventures, True Ventures and Future Shape. (www.hodinkee.com) (Forbes)
7. NYC co-living startup Ollie has been acquired by a competitor, San Francisco’s Starcity. The purchase price for the acquisition of Ollie’s assets and roommate-matching technology was not disclosed. Ollie, which had raised a total of $15 million from investors including the Moinian Group, and the Texas Employees Retirement System, operates co-living spaces in NYC, Los Angeles and Boston. (www.ollie.co) (The Real Deal)
8. Brooklyn’s Actasys, a startup that applies aerodynamic principles to solve problems in the automotive industries, has raised $5 million in a seed funding.The round was led by Volvo Cars Tech Fund and NextGear Ventures. The company’s ActaJet product uses air to clean vehicle sensors. (www.actasysinc.com) (BusinessWire)
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Hyperscience is the automation company that enables data to flow within and between the world’s leading firms in financial services, insurance, healthcare and government markets. Founded in 2014 and headquartered in New York City with offices in Sofia, Bulgaria and London, UK, we’ve raised more than $50 million raised to date and are growing quickly. We welcome anyone who believes in big ideas and demonstrates a willingness to learn, and we’re looking for exceptional talent to join our team and make a difference in our organization and for our customers.
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We’re passionate marketers, engineers and innovators building the technology to power the future of commerce. We’re a B2B2C SaaS platform helping the world’s most interesting retailers and direct-to-consumer brands remove friction from the customer experience to deliver recurring revenue through subscriptions programs — shifting their consumer interactions from one-and-done transactions to long-lived, highly profitable relationships.
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Frame.io is a video review and collaboration platform designed to unify media assets and creative conversations in a user-friendly environment. Headquartered in New York City, Frame.io was developed by filmmakers, VFX artists and post production executives. Today, we support nearly 1 million media professionals at enterprises including Netflix, Buzzfeed, Turner, NASA & Vice Media.
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Attentive is a personalized text messaging platform built for innovative e-commerce and retail brands. We raised a $230M Series D in September 2020 and are backed by Sequoia, Bain Capital Ventures, Coatue, and other top investors. Attentive was named #8 on LinkedIn’s 2020 Top Startups list, and has been selected by Forbes as one of America’s Best Startup Employers.
Enterprise Account Executive
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Customer Experience Representative
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Full Stack Engineer
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