Tech roundup: Better Mortgage nabs $15M, 1776NY announces cohort and more

February 16, 2017

CrediFi raises $13M Series B

CrediFi, a commercial real estate finance data and analytics company, announced it closed a $13 million Series B this week. Liberty Interactive’s Liberty Israel Venture Fund gave the company a strategic investment, and was joined by 31 VENTUES Global Innovation Fund, Battery Ventures, Carmel Ventures OurCrowd and Stax. [Yahoo Finance


TheTake launches AI image recognition engine for businesses

This week, TheTake, a platform that allows consumers to buy things they see in movies, began selling an automated version of its product directly to businesses. The machine learning system identifies products and locations as a way to generate revenue from product placements and set locations. Companies like Universal Pictures, Comcast, Bravo, E!, Fandango, Sony Pictures and the Hallmark Channel, are now testing out the AI-based service. [TechCrunch]


Radar launches out of Expa Labs

Radar, a location platform for mobile apps, launched out of Expa Labs this week. The company was founded by former Foursquare employees Nick Patrick and Coby Berman, and was created mission is to help companies collect, analyze and act on location data through their apps. [Built In NYC]


Better Mortgage nabs $15M Series B

Better Mortgage, an online real estate lender, raised a $15 million Series B this week. The new funding came from Kleiner Perkings Caufield & Byers, Goldman Sachs and Pine Brook Partners, giving the company a $220 million valuation. [Wall Street Journal]


Cuebiq raises $3.5 million

Cuebiq, a location intelligence company that helps businesses get actionable insights about real-world consumer behaviors, raised a $3.5 million round this week. Tribeca Angels and ARC Angel Fund NYC led the round. The company plans on using the new funding to grow its publisher supply, as well as expand its product and sales teams, open new offices across the U.S. and enhance its predictive analytics and AI algorithms to advance its location intelligence platform. [PE Hub]

1776NY announces cohort of startup fellows

1776NY, the Brooklyn outpost of the D.C. incubator for civic tech, announced its inaugural class of 19 of startups. The businesses span energy, health, education, fintech, smart-city and transportation fields, and will receive free office space through August as well as mentorship and inclusion in a curated network of fellow startups. [ Brooklyn]


Facebook poaches MTV exec to lead video programming

This week, Facebook hired MTV executive Mina Lefevre to help the company run its video programming. While at MTC, Lefevre developed shows such as “Faking It,” “Awkward,” “Finding Carter” and “Scream,” among others. The new hire may signal Facebook’s interest in investing in more original video content. [New York Business Journal]


HealthReveal scores $10.8M Series A

HealthReveal, a healthtech company that partners with providers, payers and employers to help detect the onset of potentially life-threatening health issues, announced it raised a $10.8 million Series A this week. The round was led by GE Ventures, with participating investments from Greycroft Partners, Flare Capital Partners and Manatt Ventures. [Business Wire]

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