An eclectic mix of NYC tech companies raised funding last week to grow their technology. These companies are using artificial intelligence to gain business insights, automate tedious accounting tasks and develop new plant-based food products. Keep reading to find out what you may have missed last week. This is the Built In NYC Weekly Refresh.
Dataiku landed $200M. Dataiku, which provides AI tools to help companies learn from their data, was valued at $3.7 billion following its $200 Series F round led by Wellington Management. Dataiku has more than 500 customers and exceeded $150 million in annual recurring revenue this year. The company is hiring for more than 90 roles. [Built In NYC]
At least five tech companies announced new headquarters in NYC. As 2022 comes to a close, Built In took a quick look back at some of the companies that announced headquarters or U.S. headquarters in the Big Apple. The list includes newer NYC startups like Superblocks, as well as established companies like monday.com, which is expected to open its U.S. headquarters in Q1 of 2023. [Built In NYC]
NotCo pulled in $70M. NotCo is a food tech company best known for its plant-based products that mimic the qualities of milk, burgers and chicken. The company’s fresh funding will be used to grow its new business-to-business division, which will allow other companies to leverage its AI technology for their own innovations in the food tech world. The Series D1 financing round maintained NotCo’s $1.5 billion valuation from its $235 million Series D in July 2021. [Business Wire]
NYC Tech Quote of the Week
Vic.ai gained $52M. Vic.ai uses AI to automate invoice processing for accounting firms and enterprise teams. The new Series C funding brings the company’s total capital raised to $115 million. The new funding will allow Vic.ai to expand its platform to include corporate credit cards, purchase orders and bill pay, as well as new capabilities for secure and optimized payment execution. [Vic.ai]
Oyster emerged from stealth with $3.6M. The startup, which formed last year, has developed embedded insurance technology that allows e-commerce shoppers to purchase personal insurance for jewelry, e-bikes, collectibles and electronics at the point of sale. The company eventually plans to serve other industries as well. [Built In NYC]
Cedara was featured in the Built In Future 5 series. The final installment of this quarter’s emerging startups series shines a light on Cedara, which is helping advertising and marketing agencies calculate their carbon emissions as well as the emissions from every publisher and vendor involved in a marketing campaign. The technology is hitting the market as larger companies attempt to gather Scope 3 emissions data from their business partners to reach net-zero. [Built In NYC]
