Weekly Refresh: Bodhala’s New VP, Mulberry Nears $10M ARR, and More

by Anna Holmquist
September 8, 2020
nyc
Photo: Shutterstock

Peloton may launch new treadmill and bike. A Bloomberg report said that the new treadmill might cost less than $3,000, while the new bike would be a premium model. Due to the pandemic and the closure of gyms and other regular indoor exercise areas, the company has been on an upswing. [Built In NYC]

Mulberry nearing $10M ARR. The company offers a warranty service for direct-to-consumer brands. The need for its services has only grown as shoppers have moved to more online orders. [TechCrunch]

Trade raised $9M. The coffee subscription service saw a boost in business due to the pandemic. Its number of subscribers more than tripled over the past few months. Madrona led the funding round. [Built In NYC]

Bodhala added new VP of sales and partnerships. The legal tech company offers a solution for e-billing, legal spend and cost savings. Jim Dougherty joined the team with deep technology, SaaS, and legal sales experience. [Press Release]

Pharmapacks closed $40M bridge round financing. The company offers an e-commerce enablement platform. Reckitt Benckiser, The Craftory, The Straus Group, The Emerson Group, and Sawaya Capital Partners led the investment. [PRNewswire]

NYC startup guides

LOCAL GUIDE
Best Companies to Work for in NYC
LOCAL GUIDE
Coolest Tech Offices in NYC
LOCAL GUIDE
Best Benefits at NYC Tech Companies
LOCAL GUIDE
Women in NYC Tech