There is a lot to catch up on in the world of New York City tech. Keep reading to find out what you may have missed. This is the Built In NYC weekly refresh.
N26 raised $900M. Digital bank N26 raised $900 million in Series E funding, bringing its valuation to $9 billion. The company plans on going through a global hiring spree and is currently hiring for 14 remote tech positions. [Built In NYC]
Media measurement platform pulled in $275M. VideoAmp is now valued at $1.4 billion, a huge jump for the company that was last valued at $200 million in 2019. The platform provides agencies with viewer and advertising data to give an audience more premium content. VideoAmp works with big media companies such as ViacomCBS and recently announced plans to team up with Facebook. [Built In NYC]
360Learning raised $200M. The edtech startup raised $200 million in fresh funding and plans to hire up to 300 as it expands. The company provides collaborative learning and currently has open tech positions in New York. [Built In NYC]
NEW YORK TECH QUOTE OF THE WEEK
Clyde pulled in $41M. The insurtech company raised $41 million to further the its mission of improving customer loyalty. Clyde partners with online retailers to offer extended warranty protection programs. [Built In NYC]
Republic brought in $150M. Following Republic’s Series B funding round, the company is planning for international expansion. Republic focuses on areas of private investing which includes sectors like real estate and tokenization. The funding will go towards expansion and development of new products. [Built In NYC]
IT Automation company Electric closed a $90M round. The company has raised more than $189 million total in funding. Electric’s platform works to provide real-time IT support for small- to medium-sized businesses and will use the funding for product development, customer service and company culture. [Built In NYC]
VC funding soars in NYC. Venture capital fundraising has soared in the past nine months, despite an ongoing pandemic. NYC’s Q3 brought in $82.8 billion in capital, breaking 2020’s record numbers. [Built In NYC]
Blox Finance acquired by Lukka. The enterprise crypto asset data and software provider acquired Blox Finance, a data management software company, for an undisclosed amount. The acquisition expands Lukka’s footprint and increases its coverage. [Lukka]
Rhino partners with Cover Genius. The New York-based real estate technology company partnered with Cover Genius to expand into renters’ insurance. Rhino’s security deposit insurance paired with renter’s insurance will increase the level of coverage for renters. The plan will be available in all 50 states. [PR Newswire]
These startups could make the next big thing in NYC tech. It’s no surprise that New York has tons of startups that aim to innovate the tech world. Featured this quarter, here are ones to watch. [Built In NYC]
- B2B2C company Brij provides brands with data about their consumers while providing a better experience for the customers, including exclusive content and rewards through QR codes.
- BoldVoice helps people refine their English pronunciations with the help of Hollywood accent coaches. The built-in AI provides feedback as the user practices.
- Health in Her HUE tackles problems in the healthcare industry that many women of color face, from lack of care to inadequate diagnoses. It serves as a resource for users to find culturally competent clinicians and healthcare providers.
- Oova is an app that helps women track their fertility and general wellness allowing them to ditch the normal pregnancy tests. The app still requires a urine sample on a test strip but avoids doctor appointments so it can be done at home.
- Traveling alone can be less daunting when using the TravSolo app. The app allows users to plan their travel by finding activities in the area and meeting with other travelers.
