Tech roundup: Ellevest and Flatiron School's scholarship, Andela's $40M Series C and more

October 12, 2017

Ellevest and Flatiron School award scholarship for women in tech

Coding bootcamp Flatiron School and investment platform Ellevest partnered to award $200,000 in scholarship funds to 50 women in the school’s online web developer program. The course provides students with a coding curriculum, development tools and instructor support. [Press release]


Andela raises $40M Series C funding round

Andela, a company that brings top tech talent from Africa to the United States, raised $40 million in a Series C funding round led by CRE Venture Capital, with participation from DBL Partners, Amplo, Salesforce Ventures, TLcom Capital and existing investors. The investment will go toward expanding to other countries in Africa. [Built In NYC]


Venture fund The Helm launches to drive female-led innovation

Community and venture fund The Helm just launched to shrink the gender gap in the VC community. By creating a more personalized approach to investments and providing seed-round funding to female entrepreneurs, the company hopes to attract more female investors and give women-led startups the tools they need for success. [Built In NYC]


CoverWallet raises $18.5M Series B funding round

Insurtech startup CoverWallet closed an $18.5 million Series B funding round led by Foundation Capital, bringing the total amount raised to $30 million. Existing investors Union Square Ventures, Index Ventures, CV Starr and Two Sigma Ventures also participated in the round. The investment will be used to grow its technology and partnerships. [Press release]


NYC celebrates Women in Tech Week

Women in Tech Week is in full swing in NYC. The initiative, led by fintech startup CommonBond, runs through October 15 and focuses on the contributions of females in the industry. The startup launched a social media campaign, created a white paper on women’s needs in the workplace and a hosted a female founders event. [Press release]


AlmondNet Group announces new partnership

Global business solutions company Active International announced a partnership with two startups based in Long Island City: online data company Datonics and cross-device technology company Intent IQ, both subsidiaries of AlmondNet Group. The partnership helps Active International expand on its adtech solutions, and AlmondNet Group reach a bigger market that includes Fortune 500 companies. [Press release] welcomes new country manager, a company that lets users compare services in one spot, welcomed a new country manager to its staff. Jon Brodsky, formerly the senior vice president of digital at Chicken Soup for the Soul, will be responsible for driving growth in the U.S. market. This is a new role for the company, which is expanding to seven countries in the next year. [Press release]


Tremor Video DSP makes new additions to its executive team

Following its $50 million acquisition, adtech platform Tremor Video DSP made several updates to its leadership team, including a new chief revenue officer, chief marketing officer and head of global partnerships. Anthony Flaccavento, Abbey Thomas and Jay Baum, respectively, are joining the team to fill those roles. [Press release]


Stack Overflow publishes report on NYC developer hiring

Stack Overflow, an online developer community, released its report, NYC Developer Hiring Ecosystem. The report covers additional stats on the NYC tech scene, the most popular tech stacks used in the area, developer salaries and more. [Press release]


Images via Facebook and Shutterstock.

Know of a company that deserves coverage? Let us know or tweet us @builtinnewyork.

NYC startup guides

Best Companies to Work for in NYC
Best Software Engineer Jobs in NYC
Coolest Tech Offices in NYC
Best Sales Jobs in NYC
Developer Jobs
View 590 jobs
Design + UX Jobs
View 111 jobs
Marketing Jobs
View 167 jobs
Product Jobs
View 150 jobs
Sales Jobs
View 305 jobs
Data Jobs
View 234 jobs