A number of NYC tech companies gained attention from investors last week. From digitized dental care to online pizza orders, check out how these startups are investing their fresh VC. This is the Built In NYC weekly refresh.
Better pulled in $500M. Having seen a large increase in home financing activity recently, mortgage lender Better has experienced rapid growth over the past year. Following its latest investment from SoftBank, the company is now valued around $6 billion. It’s also currently hiring for over 100 tech roles based out of its NYC headquarters. [Built In NYC]
Tend secured $125M. Tend is focused on modernizing dental care and is creating a total of 20 studios across the country, as well as launching additional services and oral care products, to do so. Addition led the Series C funding round, which marked a massive step up from its $37 million Series B announced last fall. The company is working to create new offerings like visit customization and price transparency. [PR Newswire]
NYC Tech Quote of the Week
Vericred secured $23M. The company develops APIs to help send data between insurtech companies and carriers to power digital distribution across the health and benefits space. It just announced the close of an oversubscribed Series B round that’s going toward doubling its 50-person headcount across sales, marketing and engineering. The raise was led by Aquiline Technology Growth. [Built In NYC]
Slice raised $40M. This startup provides a platform that helps small NYC pizzerias fulfill online orders and explore other ways to digitize their business. With its fresh Series D funding, Slice is looking forward to building out its product and investing in solutions to help grow the businesses in its network. Investor Cross Creek led the Series D round. [Built In NYC]
Tomorrow Health got $25M. With the capital from its Series A round led by Andreessen Horowitz, the healthtech company is planning to increase its headcount and expand its infrastructure technology. It works to help patients obtain health equipment and receive care at their own homes. Tomorrow Health has seen a spike in demand for home-based care since the onset of the pandemic. [Built In NYC]
