Bluecore Pulled in $125M, Octane Got $52M, and More NYC Tech News

NYC tech companies are fueling the future. From pharmaceutical technology to e-commerce solutions, find out what industries are getting upgrades with last week’s venture funding rounds. This is the Built In NYC weekly refresh.

Written by Ashley Bowden
Published on Aug. 09, 2021
Bluecore Pulled in $125M, Octane Got $52M, and More NYC Tech News
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photo: Bluecore

NYC tech companies are fueling the future. From pharmaceutical technology to e-commerce solutions, find out what industries are getting upgrades with last week’s venture funding rounds. This is the Built In NYC weekly refresh.

Dataiku raised $400MHelping enterprise teams manage and understand their data, Dataiku closed on a Series E funding round for its AI-powered platform. Now with a valuation of $4.6 billion after its Tiger Global-led round, Dataiku is readying more growth. This includes internal growth as the company lists a plethora of open roles with a significant number available in the Big Apple. [Built In NYC]

Bluecore raised $125MHelping brands build a personalized e-commerce business for their customers, the new unicorn closed on its Series E funding round led by investor Georgian. With over 300 employees to date, the company is planning to expand to more than 400 by the end of the year and is using its new cash to fuel continued growth. [TechCrunch]

NYC Tech Quote of the Week

“We take all the manual, repetitive tasks that are better done by technology from the agent, and we cultivate, nurture and engage that buyer. When they’re ready to actually go see the place in person, and when a human is actually needed in the process, we match them back to the agent and we let them take it from there.”—Omer Granot, president and COO of Localize

Localize pulled in $25MAiming to lessen buyers remorse for those searching for a new home, the company’s platform uses AI and human expertise to provide users with detailed data on a property. The company compiles billions of data points on the housing market onto its platform. Currently active in NYC, the company plans to invest its Series C round led by Pitango Growth in expanding its service into new markets. [Built In NYC]

Octane secured $52MThis company aims to provide consumers and merchants with an end-to-end purchasing process for buying and selling powersports vehicles like motorcycles and jet skis. With Series C funding led by Progressive Investment Company, Octane is planning to fuel market expansion and grow its headcount with a focus on data science. The company is aiming to hire up to 150 new employees over the next year. [Built In NYC]

Mixlab got $20MThis veterinary pharmatech company provides a platform that lets vets write prescriptions and track their patients’ progress online. It also provides medication delivery directly to the owner’s home. Mixlab closed on a Series A round led by Sonoma Brands that it plans to spend on expanding its same-day delivery service into new markets and hire new tech talent at both its NYC and LA offices. [Built In NYC]

Catch raised $12MWith its Series A funding led by Crosslink Capital, benefits company Catch is looking to expand into more distribution partnerships and relocate its headquarters to NYC. The company offers a platform that aims to provide freelance workers benefits like retirement investment, health and dental insurance at a low cost. [Built In NYC]

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