Weekly Refresh: quip Launches Flossing Product, Ribbon Secures $30M

Written by Anna Holmquist
Published on Nov. 04, 2019
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Image via Shutterstock.

Homebuying startup Ribbon secured $30 million in funding. Ribbon steps in on behalf of homebuyers to make a cash offer, so they can close quicker on the home and also take advantage of discounts that sometimes apply to cash offers. The company has grown tenfold over the past year and will use the Series B funding to expand its model. [Built In NYC]

quip launched a new flossing product. The quip Refillable Floss was built to be used on the go, and its durable design and floss refills were developed to be as sustainable as possible. [Built In NYC]

Martech company Rokt secured $48 million. By using AI to analyze consumer data, Rokt helps brands tailor their campaigns to individual consumers. They plan to grow their team and hire in NYC as well as invest in research and development. [Built In NYC]

Over $570 million were generated last month in NYC’s five biggest venture deals. Topping the list is a $275M oversubscribed round for Nuvation, a biotech startup that’s developing new medications for cancer. Second on the list is Fabric, a robotics company, which raised $110M in Series B funding. [Built In NYC]

E-sports infrastructure platform Vindex launched. Vindex offers tech and services to power rich e-sports experiences. The company announced initial funding of $60 million as well as the acquisition of Next Generation Esports and the launch of Esports Engine. [PRNewswire]

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