7 startups, 7 days, $70M in funding

by Liz Warren
October 20, 2017

NYC tech startups raised close to $70 million in funding this week alone. While investments were made in your usual fintech and marketing tech industries, there were some wild cards — car leasing apps and furniture renting platforms — that also made the list.

 

Digital-Asset-funding
Image via Shutterstock

Digital Asset, $40M

Investor: Jefferson River Capital

Blockchain startup Digital Asset raised $40 million in a funding round, bringing the total amount raised to $110 million. The round was led by former J.P. Morgan banker Blythe Masters and will be used to grow the team either by making new hires or acquisitions. [Fortune]

 

SelfMade-funding
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SelfMade, $11M

Investors: FirstMark, SV Angel, CrunchFund, Founder Collective, BoxGroup

Online branding tool SelfMade raised $11 million in Series A funding led by FirstMark, with participation from SV Angel, CrunchFund, Founder Collective and BoxGroup. The AI platform is currently in beta. [PE Hub]

 

Bespoke Post funding
Image via Facebook

Bespoke Post, $8M

Investors: Walden Venture Capital, Scout Ventures, KiwiVenture Partners

Bespoke Post, a men’s products subscription company, raised $8 million in Series A funding. The company, which provides subscribers with a monthly “box of awesome,” will use the funding for hiring and growing its partnerships. [TechCrunch]

 

Amenity Analytics funding
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Amenity Analytics, $7.6M

Investors: State of Mind Ventures, Intel Capital

Text analytics platform Amenity Analytics raised $7.6 million in funding from Intel Capital and State of Mind Ventures. The funding will be used for product development and scaling. The system, which requires minimal coding, uses AI to help companies pull data from news, social media and transcripts. [FinSMEs]

 

Alloy funding
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Alloy, $3.8M

Investors: Primary Venture Partners, Eniac Ventures, Correlation Ventures, Clocktower Technology Ventures, AGO Partners

Fintech platform Alloy raised $3.8 million in seed funding led by Eniac Ventures. The funding will be used to accelerate growth and expand its offerings. [Alloy]

 

Feather funding
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Feather, $3.5M

Investors: Y Combinator, SV Angel, PJC, New Enterprise Associates, Kleiner Perkins Caufield & Byers, Fuel Capital, Bain Capital Ventures

Feather, an online furniture rental company, raised $3.5 million in seed funding. The startup, which launched from Y Combinator’s summer ’17 class, will use the funding for hiring and expanding beyond NYC and San Francisco. [TechCrunch]

 

Honcker funding
Image via Facebook

Honcker, $3.6M

Investors: Lead Edge Capital, Evolution Corporate Advisors

Car-leasing app Honcker raised $3.6 million in seed funding led by Lead Edge Capital. The company launched in 2016 and is delivering vehicles to drivers in eight states. The funding will be used to expand to new markets and dealership networks. [Press release]

 

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