Ocrolus Secured $80M, Blueground Raised $180M, and More NYC Tech News

Here’s what happened last week in NYC tech.
Written by Ashley Bowden
September 27, 2021Updated: October 4, 2021
PHOTO: Ocrolus

With a week full of VC rounds, the city that never sleeps continues to live up to its name. These NYC tech companies have big plans in the works with their fresh capital, and most of them are hiring. Read on for more. This is the Built In NYC weekly refresh.

Google expands in NYCBy purchasing St. John’s Terminal, technology giant Google is taking steps to further its commitment to the Big Apple where it currently employs 12,000 locals. The $2.1 billion deal is expected to close in Q1 2022, and Google is aiming to open its new space in mid-2023. The company also plans to increase its NYC workforce to 14,000 and is currently hiring for hundreds of roles. [Built In NYC]

Blueground pulled in $180MWith its platform that helps users find short-term furnished apartment rentals, Blueground closed on its latest round. The fresh cash will be used to fuel growth. The Series C comprises of $140 million in equity financing from WestCap and others in addition to a $40 million debt facility from Silicon Valley Bank. Blueground anticipates stretching its presence into 50 cities worldwide by 2025. [Built In NYC]

NYC tech quote of the week

“I genuinely believe that, in the next two to three years, we will be able to fundamentally shift what people view as the status quo correct for access. I’m excited for what all this means for clinical care and integration.” —Jake Cooper, Grow Therapy CEO and co-founder

Grow Therapy pulled in $15MIts platform works to provide access to affordable, in-network therapy while also supporting therapists as they maintain their own practices. Grow Therapy’s Series A funding round was led by SignalFire and brings the company’s total funding raised to $16.6 million. The fresh cash will go toward expanding its team and building out its platform capabilities. [Built In NYC]

Ocrolus raised $80MOcrolus provides financial service firms with a platform that automates financial document processing and analyzes documents with 99 percent accuracy. The company’s Series C funding, led by Fin VC, will be used to grow its 75-person team with a focus on machine learning and data science positions. [Ocrolus]

Nomad Health got $63MThe new injection of equity and debt funding was led by Adams Street Partners. Nomad Health developed a marketplace platform to connect users to temporary jobs in the healthcare sector. With the fresh cash, the company is investing in furthering growth, starting with hiring new team members, building out its tech platform and expanding its national presence. [Business Wire]

Statespace secured $50MHaving expanded into the digital health space, Statespace developed Aim Lab, a VR tool that enables users to train and practice their aim from the perspective of a first-person shooter game. With its Series C funding led by Khosla Ventures and Lux Capital, the company is building out its training tools, coaching programs, digital health initiatives and internal team. [Built In NYC]

June Homes raised $50MThe company just launched out of stealth with fresh funding for its platform that works to fill empty apartments 10x faster than traditional legacy systems. It offers units that are rentable for up to 18 months and 24/7 tenant support via mobile app. The company currently has a team of 144 people, a number it plans to triple before its next capital raise. [Built In NYC]

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