The Big Apple is continuing to expand as startups on its tech scene pull in new funding for company growth. From cybersecurity to digital healthcare, find out what new advancements are coming to NYC. This is the Built In NYC weekly refresh.
Cybersecurity startups are pulling in new capital. Socure got $100 million in an Accel-led Series D round, bringing the digital identity company to a unicorn valuation. It’s looking to expand its tech into more industries like gaming, healthcare, e-commerce and more as well as hire new team members. SecurityScorecard raised $180 million that’ll go toward new product lines, global expansion, more partnerships and additional functionality for its security rating software. Its Series E came from investors including Silver Lake Waterman. [BusinessWire, PR Newswire]
Squarespace got $300M. Having expanded from its original website builder product, the $10 billion company offers customers in the e-commerce industry solutions for aspects including marketing, social media, project management and more. The funding round came from investors like Tiger Global and Dragoneer and allows Squarespace to advance its growth initiatives. [Built In NYC]
NYC Tech Quote of the Week
Yotpo secured $230M. Aiming to help keep businesses relevant is e-commerce marketing startup Yotpo as it works to strengthen business-customer relationships. Its platform integrates with the likes of Shopify and Salesforce to eliminate data silos. Its Series F funding led by Bessemer Venture Partners and Tiger Global will go toward product, marketing and strategic acquisitions. [Built In NYC]
Happify Health raised $73M. Its platform offers dual health solutions that help users manage more than 10 chronic conditions. Another feature also acts as a software-based coach to support users with mental-health conditions. Happify’s latest round of funding will enable product development as it works to expand its platform. The Series D was led by Deerfield Management. [Built In NYC]
NYC companies ranked in the Inc. 5000 Regionals. Shining a spotlight on the fastest-growing private companies across the country, Inc. magazine listed 250 companies local to the NYC metro area. Considering growth revenue, open job positions and other metrics, the highest ranked names include LeafLink, Narrative I/O, Superbolt, Apploi and Snappy. [Built In NYC]
