The NYC tech scene was as active as ever last week, with several companies raising nine-figure funding rounds. Keep reading to find out what you missed. This is the Built In NYC Weekly Refresh.
Amagi raised more than $100M. The media technology company’s latest funding round valued the company at $1.4 billion, which is an increase from eight months ago, when it raised $95 million at a $1 billion valuation. Amagi works with a number of top media companies to help them deliver AI-driven personalization, advertising and live-streaming solutions. The company said it recently surpassed $100 million in annual recurring revenue after a record-setting Q2. [Amagi]
Ordergroove gained more than $100M. Ordergroove helps brands like L’Oréal, The Honest Company and PetSmart develop subscription revenue streams. The company’s proprietary Relationship Commerce platform integrates with leading e-commerce platforms, like Shopify, BigCommerce, Salesforce and more. So far this year, Ordergroove has seen a 59 percent increase in gross merchandise value compared to last year. [Business Wire]
Laika raised $50M. Laika helps software companies simplify and automate their compliance with SOC 2, ISO 27001 and other compliance frameworks. Laika distinguishes itself from other compliance automation software providers with integrated auditing, penetration testing and guidance. This Series C round, led by Fin Capital, brings the company’s total funding to $98 million. [Built In NYC]
NYC Tech Quote of the Week
Guaranteed was featured in our Future 5 series. Jessica McGlory founded Guaranteed to address the issues she encountered when her father was in hospice care. The NYC-based company launched its hospice care services in July 2022 in Los Angeles with 12 caregivers who provide unlimited in-person visits at a patient’s house, assisted living facility or skilled nursing facility. Guaranteed’s web app also offers on-demand video telehealth sessions and educational materials that help families understand what to expect in the last days of their loved one’s life. [Built In NYC]
Lively changed its name. NYC-based Lively innovated the hearing aid space by allowing users to take an online listening test, consult an audiologist via telehealth appointment and have hearing aids delivered to their door. The startup, which was acquired last year by GN Group, announced last week that it has changed its name to Jabra Enhance. GN Group also owns Jabra, which is known for its wireless earbuds and headsets. Lively’s hearing aid technology will continue to be sold under the names Jabra Enhance Select 50, Enhance Select 100 and Enhance Select 200. [Jabra]
Techstars NYC announced its fall cohort. The three-month accelerator brings together 14 startups from across the world, including six local NYC companies: Aline, Eko, Muse Tax, The Reset Agency, Voray and Zelta. The program started on Nov. 7. The startups will pitch their startup to mentors and investors on Demo Day, which is scheduled for Feb. 10. [Techstars]
