Paige.ai Pulled in $25M, WorkFusion Raised $220M, and More NYC Tech News

With no shortage of funding last week in the Big Apple, companies are making new advancements across several industries. From agriculture to cryptocurrency, find out what’s new. This is the Built In NYC weekly refresh.

Written by Ashley Bowden
Published on Mar. 15, 2021
Paige.ai Pulled in $25M, WorkFusion Raised $220M, and More NYC Tech News
Paige
photo: paige.ai

With no shortage of funding last week in the Big Apple, companies are making fresh innovations across several industries. From agriculture to trading cards, find out what’s new. This is the Built In NYC weekly refresh.

WorkFusion raised $220MAiming to save companies time and money, the startup’s platform employs AI to learn the repetitive tasks employees regularly do, and then repeat those tasks on its own. The startup closed on its Series F led by fintech company Georgian. WorkFusion is planning to invest in its company in order to increase its product adoption. [Built In NYC]

BlockFi secured $350MThe Jersey City-based cryptocurrency lender just closed on a Series D round led by Bain Capital Ventures. BlockFi experienced a year of substantial growth last year, expanding its client base 10x. With the fresh capital, the company plans to expand into new markets, pursue acquisition opportunities and develop its product. [Built In NYC]

NYC Tech Quote of the Week

“I think vertical farming will be instrumental in growing pesticide-free, sustainable food. Oishii has created a paradigm shift that can change the way we grow food around the world.” —Oishii founder and CEO Hiroki Koga

Oishii got $50MSpecializing in vertically farming strawberries, this startup is looking to change the game for the agriculture industry. Alongside nature itself, Oishii employs AI-powered tech to create the perfect crop-growing conditions. Following its latest round of funding led by SPARX Group’s Mirai Creation Fund II, the startup is looking to open more vertical farming labs and grow more types of produce. Oishii is also hiring in tech positions at its office in Kearny, New Jersey. [Built In NYC]

Cedar pulled in $200MThis startup’s healthcare billing platform makes it easier for patients to make online payments for their services. Following its Tiger Global-led Series D round, the company is now valued at $3.2 billion. The new cash will enable it to add new features to its platform and expand its team with a focus on engineering, product, marketing and sales. [Built In NYC]

Paige.ai got $25MWith the addition from KKR, the Series C funding round for the company closed at $200 million. Paige specializes in creating AI-powered diagnostic software for the pathology field. It’s now looking to expand its global footprint and further develop AI-based clinical applications, biomarkers and diagnostics. [FinSMEs]

Centrical secured $32MIts platform works to help companies motivate their employees through gamified microlearning, performance management and other tools. With its new funding led by Intel Capital, Centrical anticipates accelerating market engagement, entering new markets and creating new solutions for hybrid work environments. [PR Newswire]

Alt raised $31MWith a focus on trading physical sports cards, San Francisco-based Alt is aiming to make acquiring alternative assets easy and increase transparency and liquidity in the space. The startup has raised its funding to date from investors including Alexis Ohanian’s Seven Seven Six, Kevin Durant, BoxGroup and more. It’s currently hiring at its NYC office in CX, engineering and more. [TechCrunch]

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