The New York tech scene had several big announcements last week, meaning you might have missed some headlines or details about what is happening in the scene. Keep reading to see what you might have missed. This is the Built In NYC weekly refresh.
Pinwheel got $50M. Pinwheel’s Series B round was led by GGV Capital with other existing investors participating. The company works to “build a fairer financial system” by providing application programming interfaces (APIs) that can be linked to different forms of financial data, with consumer permission. The connectivity allows individuals to have equitable access to financial services by providing institutions real-time data about their financial and employment history. Pinwheel plans to use the funding to triple its employee headcount, with many roles for engineering. [PR Newswire]
Diversio gained fresh capital. Diversio’s software combines knowledgeable subject matter expertise, AI and data analytics to help companies follow through on their DEI initiatives. The New York-based company gained $6.5 million in a Series A round. Diversio plans to double its team of 30 throughout the year with the new capital. The company will also work on product development, gaining partnerships and its market expansion. [TechCrunch]
NYC TECH QUOTE OF THE WEEK
Mantra Health raised $22M. The digital mental health platform partners with higher education institutions and insurance plans to provide young adults with mental health services. The company’s Series A funding round led by VMG Partners. Mantra Health plans to use the fresh funds for product development, clinical operations and to quadruple the size of its team. [Built In NYC]
Red Points gained a new CPO. Red Points offers brand protection through AI that can detect and remove IP infringements. Red Points is headquartered in Barcelona but has offices all around the world including in Beijing and New York. The company announced a new chief people officer, Anna Gornés García. [LinkedIn]
Celonis expanded its leadership. Celonis, based out of Munich and New York, announced new additions to its leadership team. The company named Vaishnavi Sashikanth, a former VP of engineering at YouTube, as its new chief engineering officer. Other newly appointed leaders include Chris Donato as president of global sales and Gene Reznik as senior vice president of ecosystem and industries. Celonis was founded to help IT processes become more efficient, and created “process mining” to analyze data from company logs. [Celonis]
SevenRooms expanded its leadership. SevenRooms provides a platform for the hospitality industry to record and measure guest experience and retention. The company announced a new addition to its leadership team: Brent-Stig Kraus as its new chief revenue officer (CRO). Kraus has two decades of SaaS leadership experience and will focus on company culture and revenue growth. [SevenRooms]
Ceros acquired Oroson. New York-based Ceros acquired Oroson, a visual feedback tool, to add new functionality to its platform, MarkUp. Ceros provides a cloud-based, no-code content creation platform. MarkUp (which is owned and operated under Ceros) is a visual commenting platform allowing any user to upload and share any type of image or PDF to be commentated and collaborated on. The acquisition will allow MarkUp to upload and comment on video and audio files. This feature is expected to launch in the summer. [PR Newswire]
