TechNY Daily
December 2, 2020
Edition 521
TechNY15 Stock Index: 1,423.55 (+11.70) (record high)
Keeping the NYC Tech Industry Informed and Connected
1. NYC’s Kustomer, a CRM platform, is being acquired by Facebook. The purchase price is reportedly $1 billion. Kustomer has raised a total of $174 million from investors including Coatue, NYC’s Tiger Global Management, Redpoint, Canaan Partners, Social Leverage, Battery Ventures and Cisco Investments. (www.kustomer.com) (New York Times)
2. NYC’s Loadsmart, a digital platform for freight shippers, has raised $90 million in a Series C funding. BlackRock and Chromo Invest co-led the round and were joined by TFI International, Maersk, Perry Capital and Bramalea Partners. The company’s platform uses AI to analyze hundreds of data sources to automate truckload booking with a goal of maximizing efficiency. (www.loadsmart.com) (TechCrunch)
3. NYC’s Obligo, a platform which enables tenants to rent apartments without a security deposit, has raised $15.5 million in a Series A round. Investors included 83North, 10D, Entrée Capital, and Viola Credit. Obligo’s platform, which was developed in collaboration with Silicon Valley Bank’s New York City FinTech team, is designed to replace the customary residential security deposit with a credit-based model. (www.myobligo.com) (Crowdfund Insider)
4. NYC’s Reposite, a software developer for the travel industry, has raised $2.5 million in a funding round. Liberty City Ventures led the round. The company’s platform provides tour operators and event planners with a central repository of travel vendor information and is working with large organizations such as Madison Square Garden, MoMA, Guggenheim Museum and American Museum of Natural History. (www.reposite.io) (Phocuswire)
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5. NYC’s Spring Health, a provider of personalized mental health solutions for employees, has raised $76 million in a Series B funding. NYC’s Tiger Global led the round and was joined by GingerBread Capital, Operator Partners, Northzone, Rethink Impact, William K. Warren Foundation, Work-Bench, SemperVirens, Able Partners and True Capital. The company’s platform matches each employee to the most effective care for them. (www.springhealth.com) (PR Newswire)
6. NYC’s Verbit, an AI-powered transcription and captioning platform, has raised $60 million in a Series C round. Sapphire Ventures led the round with participation from Vertex Ventures, Stripes, HV Ventures, ClalTech and Vertex Growth. Verbit’s platform uses machine learning and natural language processing to transcribe audio supported by a team of over 22,000 human freelancers in over 120 countries who then edit and review the material. (www.verbit.ai) VentureBeat)
7. Duolingo, an NYC and Pittsburgh-based language learning app, has raised $35 million in a Series H funding. The financing, made at a $2.4 billion valuation, was provided by Durable Capital and General Atlantic. Since 2019, Duolingo has ranked as the highest-grossing education app. (www.duolingo.com) (TechCrunch)
8. Jersey City’s Apprentice.io, an intelligent software platform for life sciences, has raised $24 million in a Series B funding. Insight Partners led the round and was joined by Pacific Western Bank, Pritzker Group, GFR Fund and The Venture Reality Fund. The company’s platform performs tasks such as accessing complex procedures, visualizing 3D demonstrations, and intelligently capturing or tracking data using computer vision. (www.apprentice.io) (AIThority)
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Circle (new)
Circle was founded on the belief that blockchains and digital currency will rewire the global economic system, creating a fundamentally more open, inclusive, efficient and integrated world economy.
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We are a SaaS solution that makes crypto accounting easy. We are a trusted, blockchain-native technology team that is passionate about digital asset technology. Our team is continuously collaborating and designing new products and initiatives to expand our market presence. Technology and customers are at the center of our universe. We dedicate our energy to learning, building, adapting, and achieving impactful results.
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Third Party Risk Manager or Director
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Summer
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Our mission: To democratize Discovery.
Enterprise Account Executive
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A personalized subscription site for pop culture’s biggest fans.
Director of Engineering
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Software Engineering Manager, UI
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Retirement made easy.
Senior Fullstack Engineer
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Package Free is on a mission to make the world less trashy though offering products that help you reduce waste daily. We source our products from individuals and brands with missions to create a positive environmental impact and since launching, have diverted over 100 million pieces of trash from landfills.
Head of Operations
Hyperscience
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.
Machine Learning Engineer
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Braavo
Braavo provides on demand funding for mobile apps and games. We offer a flexible and affordable funding alternative to the traditional sources of capital like working with a VC or bank. We’re changing the way mobile entrepreneurs finance and grow their app businesses. Our predictive technology delivers on demand, performance-based funding, without dilution or personal guarantees. By providing non-dilutive, yet scalable alternatives to equity, we’re helping founders retain control of their companies.
Business Development Manager
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Head of Sales
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At Yogi, we help companies decipher customer feedback, from ratings and reviews to surveys and support requests. Companies are inundated with feedback, but when it comes to turning this data into actionable business decisions, most companies fall short. That’s where Yogi fits in.
Full Stack Software Engineer
Ordergroove
We’re passionate marketers, engineers and innovators building the technology to power the future of commerce. We’re a B2B2 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.
Data Scientist
Upper90
Upper90 is an alternative credit manager based in New York City that has deployed over $500m within 18 months of inception.
Investor Relations Analyst
Upscored
UpScored is the only career site that uses data science to connect you with jobs suited specifically to you while automatically learning your career interests. Its AI-powered platform decreases job search time by 90%, showing you the jobs you’re most likely to get (and want) in less than 2 minutes.
Data Engineer
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Frame.io
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.
Frontend Engineering Manager
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Lead Product Designer
Attentive
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
Sales Development Representative
Senior Client Strategy Manager
Director of Client Strategy
KeyMe
NYC startup revolutionizing the locksmith industry with innovative robotics and mobile technology.
Customer Experience Representative
Inbound Phone Sales Representative
Systems Software Engineer
Button
Button’s mission is to build a better way to do business in mobile.
Enterprise Sales Director — New York
Postlight
Postlight is building an extraordinary team that loves to make great digital products — come join us!
Full Stack Engineer
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