Brooklyn-based Parcel gets acquired by Walmart
New Yorkers will soon benefit from same-day delivery when they order from Walmart. The retail giant acquired Brooklyn-based Parcel, a startup that provides speedy delivery services for a number of merchants. Parcel’s founder and CEO, along with 50+ full- and part-time team members, will join Walmart as part of the deal. [Recode]
WeWork partners with Airbnb to offer new services in NYC
In a move meant to attract professionals traveling for business, WeWork and Airbnb partnered together to test a new offering. The program allows Airbnb renters to simultaneously book a conference room at a nearby WeWork, and will be offered in NYC along with five other cities. [Bloomberg]
Casper and American Airlines partner to offer in-flight purchases
Casper and American Airlines just partnered to make traveling more comfortable. The companies worked together to create products like a mattress pad for their seat, a lumbar pillow and slippers that can be purchased in flight. [TechCrunch]
AND CO debuts original documentary on freelancing in NYC
AND CO, a VC-backed software company that freelancers use to manage their invoices just debuted a documentary that follows the lives of NYC freelancers. The film was selected as one of Vimeo’s staff picks, and has already gotten close to 100k views. [AND CO]
The Real Estate Board of New York hosts its first hackathon
As part of NYC Real Estate Tech Week 2017, the Real Estate Board of New York will host its first hackathon on October 13. The event will focus on categories like cybersecurity, operations, brokerage and more, and will offer a total of $75,000 in cash and prizes. [Real Estate Weekly]
Fundings of the week
Letgo, $100M
Investors: 14W, New Enterprise Associates, Insight Venture Partners, FJ Labs, Eight Roads Ventures, Accel Partners
Online marketplace letgo raised $100 million in Series D funding at a $1.2 billion valuation. The funding was led by existing investors and comes on the heels of a merger with European company Wallapop. [Built In NYC]
Bluecore, $35M
Investors: Felicis Ventures, FirstMark, Georgian Partners, Norwest Venture Partners
Marketing platform Bluecore raised $35 million in Series C funding, bringing its total funding to $63 million. Norwest Venture Partners led the funding, and as part of the deal, its own Scott Beechuk will join Bluecore’s board of directors. [TechCrunch]
Frame.io, $20M
Investors: FirstMark, Shasta Ventures, SignalFire, Accel Partners
Frame.io, a video sharing platform, raised $20 million in Series B funding, bringing its total funding to $32 million. Led by FirstMark Capital, the funding will be used to enhance its features and expand its security. [Press release]
Vestwell, $8M
Investors: Commerce Ventures, FinTech Collective, Primary Venture Partners, F-Prime Capital Partners
Vestwell, the company that provides transparency into your 401(k), raised $8 million in Series A funding led by F-Prime Capital Partners. As part of the deal, F-Prime’s Ben Malka will join Vestwell’s board of directors. [Built In NYC]
HYPR Corp., $8M
Investors: Mesh Ventures, Boldstart Ventures, RTP Ventures, RRE Ventures
Cybersecurity company HYPR raised $8 million in Series A funding, bringing its total funding to $12.8 million. The round was led by RRE Ventures. As part of the deal, James Robinson IV of RRE will join HYPR’s board of directors. [PE Hub]
Slice Labs, $4.8M
Investors: Plug and Play Insurtech, Munich Re / HSB Ventures
Insurance technology startup Slice Labs raised $4.82 million and announced a partnership with Munich Re / HSB Ventures. The investment will go toward launching the startup’s on-demand insurance platform. [Press release]
Grow Labs, $2.4M
Investors: Tank Hill Ventures, Resolute Venture Partners
Agriculture and tech collided to create Grow Labs, a startup that uses tech to make sure your gardening environment is healthy. The company raised $2.4 million in funding led by Resolute Venture. [TechCrunch]
Reachify, $1.5M
Investors: Beanstalk Ventures, Female Founders Fund, New Enterprise Associates, Forerunner Ventures, Commerce Ventures
Intelligence platform Reachify raised $1.5 million in funding led by Forerunner Ventures. The company, which connects enterprise brands and software vendors, will use the funding to grow its reach. [PE Hub]
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