Weekly Refresh: Hydrant Raised $5.7M, Plus $275M+ in New Funding Rounds

Read our weekly refresh for trending NYC tech news.

Written by Anna Holmquist
Published on May. 11, 2020
nyc
Photo: Shutterstock

Cockroach Labs raised $86.6M. The enterprise database startup has gained $195 million since it launched. It’ll use the Series D to develop its product and grow its team. [Built In NYC]

Hydrant raised $5.7M. The wellness brand offers two hydrating powder products. Coefficient Capital led the Series A round. [TechCrunch]

Back Market gained $120M. The company created an online marketplace for people to buy refurbished devices. Goldman Sachs, Aglae Ventures and Eurazeo Growth led the investment. [Built In NYC]

LetsGetChecked made $71M. The startup develops at-home diagnostic tests. It’ll use the funds to accelerate the production of its COVID-19 kit. [Built In NYC]

Orchard hired chief revenue officer and chief technology officer. The home-buying marketplace aims to make home buying more simple. Phil Felice joined as CRO and Elijah Meerson as CTO. [PRNewswire]

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