Weekly Refresh: NYC Startups Raise $91M, Peloton Gets Closer to Going Public

by Nona Tepper
September 3, 2019
New York funding
image via shutterstock

Peloton reveals revenue ahead of going public. The provider of in-home exercise equipment and digital fitness classes filed its S-1 with the Securities and Exchange Commission last week. Peloton reported revenue of $915 million for 2019, up 110 percent from the year before. [Built In NYC]

Mews Systems raised $33 million in Series B funding to bring its property management software to the U.S. Headquartered in Prague and London, Mews recently opened an office in New York, and plans to open another three offices in California, Texas and Florida this year. By the end of 2020, the firm also plans to hire 200 employees for a variety of roles. [Built In NYC]

Cybersecurity asset management firm Axonius raised $20 million to add about 50 people to its New York team, expand its product line and grow its sales and marketing initiatives. Axonius helps customers keep tabs on their assets, devices and users, and helps them follow cybersecurity best practices. [Built In NYC]

Stylitics raised $15 million in Series B funding to grow its visual merchandising platform. The company said it plans to grow its sales and marketing teams and develop new types of online and in-store styling experiences. [Built In NYC]

Landis raised $15 million to help renters transition to homeowners. Individuals apply for mortgages on Landis and, once they’re prequalified for a loan, are paired with an agent who helps them find their dream home. Landis then buys the house and rents to the applicant for a year, giving them time to build up their credit and save up for a down payment. [Forbes]

Atoms raised $8.1 million to kick up online shoe sales. The young company launched publicly in June, positioning itself as the first in the world to create unisex shoes that come in quarter sizes. Atoms will use the cash to invest in its retail and marketing presence, as well as tinker with its shoe design. [Built In NYC]

Blink Health announced it opened a big new office in New York to accommodate its growing staff. The firm has hired more than 150 people this year, as it continues to expand its online store for discounted prescription medications. By negotiating directly with pharmaceutical manufacturers, Blink Health says it gets lower drug prices. [BusinessWire]

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