Kindbody Secured $25M, Kinnos Raised $15M, and More NYC Tech News

Catch up on the latest tech developments from the City that Never Sleeps.

Written by Ashley Bowden
Published on May. 08, 2023
Kindbody Secured $25M, Kinnos Raised $15M, and More NYC Tech News
Kinnos co-founders pose for photos.
Kinnos executives Steve Fanning (left) and Jason Kang (right). | Photo: Kinnos / Built In

Small and midsize funding rounds abounded on the New York tech scene last week, and companies across many sectors are fueling fresh ideas. Ranging from entertainment to healthcare, learn what these tech companies are modernizing. This is the Built In NYC Weekly Refresh.

Duetti secured $32M. The platform provides more than 60 independent music artists with financing and tools to grow their businesses. It announced its public launch with $32 million in capital from investors like Viola Ventures and Roc Nation. Duetti’s capital will help it scale its team, partner with new artists and carry out new financial optimization opportunities for acquired tracks and catalogs. [PR Newswire]

Kindbody got $25M. Kindbody allows employers to offer virtual and in-person fertility benefits to their employees. By operating its own network of fertility clinics, the company aims to make family building affordable and accessible through its tech-driven solution. Kindbody announced a new $25 million investment that it plans to put toward expanding into geographies where its services are in high demand. [Business Wire]

NYC Tech Quote of the Week

“Campus is about maximizing access to world-class education regardless of one’s background or household income. We’re making higher education more accessible, more affordable and more relevant to the real-world challenges and opportunities that students face today.” —  Tade Oyerinde, founder and chancellor of Campus

Campus launched its edtech platform. On a mission to make high-quality education accessible to students across the country, Campus opened enrollment to its accredited college programs. Offering associate degrees and certification courses digitally and in person, Campus’ goal is to enable students from all walks of life to learn from top-tier professors. Its instructors also teach at renowned colleges and universities across the U.S. [Built In NYC]

Kinnos pulled in $15M. Looking to help protect people against rising risks of infection, Kinnos developed a color additive platform that hospitals, first responders and transit agencies use to colorize disinfectant products. Its latest investment will help Kinnos scale in response to the rising demand for its solution. [Business Wire]

Intrinsic raised $15M. Working to acquire and grow healthcare-related businesses focused on addressing unmet consumer needs, Intrinsic pulled in $15 million to shift its gaze exclusively to the women’s health sector. Its new equity investment from FCA Venture Partners and others brings Intrinsic’s total funding to $128 million. [PR Newswire]

In more VC funding news: Wellness company Thesis raised $8.4 million in Series A funding for its nutrient products that aims to enhance one’s mental performance. The company will expand its executive team and product offerings with its latest captial. [Business Wire]

With $9.5 million in funding from investors Fin Capital, Great Oaks and others, Setscale launched its fintech platform that helps small businesses finance purchase orders. [PR Newswire]

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