Codat Raised $100M, Multiverse Valued at $1.7B, and More NYC Tech News

This week's headlines were filled with large funding rounds and major hiring initiatives.

Written by Miranda Perez
Published on Jun. 13, 2022
Photo: Codat/Twitter
Photo: Codat/ Twitter

New York City’s local tech startups were hard at work this week, with headlines ranging from billion dollar valuations to startups seeking to double their employee headcount. Keep reading to catch up on what you may have missed. This is the Built In NYC Weekly Refresh.

Multiverse doubled its valuation to $1.7B. After raising a preempted $220 million Series D round, edtech platform Multiverse doubled its valuation to $1.7 billion, making it a new tech unicorn. Multiverse helps connect job seekers with untraditional backgrounds to apprenticeships that can help them build the education needed to reach their career goals. With its fresh funding, the startup is planning to further expand into the U.S., as its services are currently available in New York, Atlanta, Dallas, Phoenix, Boston and the Bay Area in California. [Built In NYC]

Nfinite raked in $100M. 3D e-commerce shopping platform nfinite raked in $100 million in funding from local VC giant Insight Partners. Nfinite plans to use its funds to expand its global customer, engineering and marketing operations teams. The current employee headcount at nfinite is 125, and the startup plans to double this number with substantial hiring in the U.S., Europe and Asia. [Built In NYC]

Tech Quote Of The Week

“Small businesses are the backbone of the economy but the majority of their systems still don’t speak to one another -- which is a problem our technology solves,” — Codat CEO Pete Lord

Codat raised $100M. Codat, a software company that connects small businesses with financial institutions, raised $100 million in equity funding. The round, led by JPMorgan Chase & Co.’s growth-equity arm, will be used to increase Codat’s integration into small business platforms. [Bloomberg]

Ever/Body pulled in $55.5M. Tech-fueled dermatology startup Ever/Body pulled in $55.5 million in its Series C funding raise led by Addition. Additional participants in the round include VC giant Tiger Global, ACME Capital, Fifth Wall Ventures and others. With its new capital, Ever/Body is planning an East Coast expansion and aims to have six new offices open across D.C. and New York City, where it currently has six locations. [Built In NYC]

Opal secured $10M.  Opal, a computer security platform, raised $10 million in its Series A raise led by Greylock Partners, a California-based venture capital firm. Greylock has backed big-name startups like Coinbase, Discord, Figma and Airbnb. The startup, which is dual-headquartered in New York City and San Francisco, plans to use its fresh funding to scale its product and hire additional employees. [Built In NYC]

Gooten’s partnership with Fujifilm. Tech fulfillment platform Gooten announced a partnership with photo service giant Fujifilm. The partnership, launching in the U.S. this summer, will bring print-on-demand services to retailers, small businesses and online merchants. Gooten’s fulfillment services will be used to complete customizable orders without needing to hold inventory. [PR Newswire]

OwnBackup added to its exec team. SaaS data protection platform OwnBackup brought on Courtnee LeClaire as its new chief marketing officer and Alyssa Lahar as its chief people officer. Both LeClaire and Lahar have over 25 years of experience in their respective industries. [OwnBackup]

Jackpocket partnered with the Colorado RockiesNYC-based Jackpocket is a third-party app that allows users to order official state lottery tickets. The company’s recent partnership with the Colorado Rockies is its third Major League Baseball deal. Through the partnership, Jackpocket will offer giveaways and a VIP experience for Rockies fans, according to a company statement. [PR Newswire]

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