TechNY Daily

July 27, 2021
Edition 604

TechNY15 Stock Index: 1,483.97 (-5.28) (-0.4%)
Keeping the NYC Tech Industry Informed

Small Planet
10 min readJul 27, 2021


1. NYC’s Outbrain, a content recommendation platform, raised $160 million in its initial pubic offering last Thursday. The stock closed at $20.99 a share on its first day of trading valuing the company at $1.25 billion. Outbrain now trades on the Nasdaq under the symbol “OB”. ( (VentureBeat)

2. NYC’s JOKR, a grocery delivery startup, has raised $170 million in a Series A funding. GGV Capital, Balderton Capital and NYC’s Tiger Global Management led the round and were joined by Activant Capital, NYC’s Greycroft, FJ Labs, Kaszek, and Monashees. The company plans to offer 15 minute delivery by turning as many as 100 NYC storefront locations into micro-fulfillment centers.( (TechCrunch)

3. Intel Corp’s autonomous driving division Mobileye is testing its self-driving technology on the streets of NYC. The company received a testing permit after supplying data from self-driving programs in other cities. The test cars have a human standby driver behind the wheel. You can watch a video of an autonomous drive around Manhattan here. (Future Car)

4. The New York Post reported on NYC’s Barstool Sports’ efforts to provide financial support to NYC restaurants during the pandemic. In exchange for the support, the restaurants are required to keep their staff and stay up-to-date with rent and payroll. Among the 25 NYC restaurants which have received from $5,000 to $60,000 are Jackbar in Williamsburg, Kirvens in The Bronx, Eagle Pickle Works in Queens and Portobello Cafe in Staten Island. ( (New York Post)

5. NYC’s Vestwell, a platform which empowers workplace savings and investing programs, has raised $70 million in a Series C funding. Wells Fargo Strategic Capital and Fin Venture Capital co-led the round, and were joined by Goldman Sachs, Morgan Stanley, Manulife, Point72, Nationwide Ventures, Allianz Life Ventures, Northwestern Mutual, FinTech Collective, Greenspring Associates, NYC’s Primary Venture Partners, Teamworthy Ventures, F-Prime Capital, Industry Ventures and Commerce Ventures. Vestwell’s platform provides digital recordkeeping for 401(k) and 403(b) plans. ( (PR Newswire)

6. NYC’s Quit Genius, a digital treatment platform for addictions, has raised $64 million in a Series B funding round. The round was co-led by Kinnevik and Atomico with participation from Octopus Ventures, Triple Point Ventures and Startup Health. The company offers treatment programs for tobacco, alcohol and opioid addictions utilizing virtual cognitive behavioral therapy, medication, coaching and a connected breath sensor. Quit Genius is one of the U.K startups in NYC. ( (MobiHealth News)


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7. Apple is delaying its return to the office policy until October at the earliest. The change applies to all of its offices, including those in New York, California and Texas. Last month, CEO Tim Cook said employees would return to the office three days a week beginning in September, with the option to work remotely up to two weeks a year. (New York Times)

8. NYC’s Tilting Point, a free-to-play game publisher, has raised $235 million in a venture financing. General Atlantic led the round and was joined by Red Ventures and Kamerra. Tilting Point typically engages with game developers by providing them with user-acquisition budgets and shares the proceeds from the growth. ( (VentureBeat)

9. NYC’s Updater, an end to end moving platform, has acquired Seattle’s Dolly, a platform that coordinates same day delivery of bulky items. The financial terms of the deal were not disclosed. A quarter of U.S. household moves are facilitated using one of Updater’s products. ( ( (TechCrunch)

10. NYC’s Entera, a single-family home real estate data platform, has raised $32 million in a Series A funding. Goldman Sachs Asset Management led the round, and was joined by Bullpen Capital, Craft Ventures and Valuestream Ventures. Entera’s platform lets investors analyze property records to find homes that match their purchase criteria. ( (The Real Deal)

11. NYC’s Morty, an online mortgage platform, has raised $25 million in a Series B funding. March Capital led the round and was joined by Rethink Impact, NYC’s Thrive Capital, NYC’s Lerer Hippeau, Prudence Holdings, FJ Labs and NYC’s Metaprop. Morty, which is operating in 36 states plus Washington, D.C., creates a simple, transparent process giving users access to their best mortgage options. ( (PRNewswire)


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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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