Tech roundup: More than $350M in funding, new finance network and more

November 9, 2017
compass-news
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VCs make multiple $100M+ investments in NYC tech

This past week saw several major fundings in NYC tech, with three companies raising $100 million or more to the tune of $350 million combined. Intersection raised $150 million, while Compass and InVision raised $100 million apiece. The investments will be used to expand globally. [Built In NYC]

 

Karma-launch
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Karma launched finance network targeted at millennials 

Karma, a media platform with original programming and content, just launched. With its original shows and reporting, the network targets business-minded millennials interested in investing. It combines entertainment media and long-form content, and can be described as at the “intersection of Vox and CNBC.” [Press release]

 

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NYC finalists announced for WeWork Creator Awards

The WeWork Creator Awards is a global competition that celebrates entrepreneurs and startups around the world. NYC finalists were recently announced, and 19 creators made the list. On Nov. 16, finalists will pitch their ideas and be eligible to win $1.5 million in funding. From there, a handful of winners will be selected to compete in the global competition in January 2018. [Press release]

 

WahedInvest-funding
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Halal-based investment platform raises $7M

Halal-focused investing platform Wahed Invest raised $7 million in funding from Cue Ball Capital and BECO Capital. The company helps people invest in businesses that are compliant with traditional Islamic ethical codes, and weeds out companies that are not. Users can invest a minimum of $100. [VentureBeat]

 

Bravely-launch
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HR platform Bravely launches and raises $1.5M

Bravely, an HR platform that connects workers with communication coaches, just launched and raised $1.5 million in seed funding. The service is meant to encourage employees to discuss workplace issues off the record. Most of Bravely’s current customers are in NYC and San Francisco, and the startup is actively targeting clients in the technology, media and nonprofit industries. 

 

MPP-NYC
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MPP Global moves US headquarters to Midtown

Billing platform MPP Global just moved its NYC offices to a larger coworking space in Midtown. This comes mere months after the company announced a $15 million Series B funding. The bigger space will accommodate the company's growing team, which was recently joined by marketing VP Gina Kang. [Press release]

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