These 30+ Startups in NYC Received Funding in April 2020

With all of the negative news circulating nowadays due to COVID-19, it’s nice when there is something positive to report. In April of 2020, over 30 technology startups in NYC alone received venture capital funding! You heard that right –  these are only startups based out of NYC! Take a look at the companies below.

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Company: Concertio
Website: www.concertio.com
Funding Date: April 2nd, 2020
Funding Type: Seed Round
Funding Amount: $4.2M
Address: 149 5th Ave, 9th Floor, New York, NY 10010
Overview from their Crunchbase profile:

Concertio is a premier provider of AI-powered performance optimization tools for the hardware and software markets. It also provides AI-powered performance optimization tools that boost the performance of computing systems by tailoring the many system settings in processors, firmware, OS and applications to the running workloads.

The company tools are used by the likes of Intel, Marvell, and Mellanox to boost the performance of a multitude of devices and applications, turning general-purpose systems into high-performant special-purpose systems. The optimizer studio integrates a performance optimization software suite that monitors (and learns from) the interactions between applications and systems, to deliver optimal configuration settings for peak performance.”

Company: MeetElise
Website: www.meetelise.com
Funding Date: April 1st, 2020
Funding Type: Series A
Funding Amount: Total: $1.9M
Address: 27-01 Queens Plaza North, 13th Floor, Long Island City, NY 11101
Overview from their Crunchbase profile:

MeetElise is an AI company on a mission to make good housing affordable to all. Elise tracks all of your leads for you and instantly responds to new inquiries, schedules viewings, and consistently follows up with each and every prospect to make sure no lead is lost.”

Company: Wilshire Phoenix
Website: www.wilshirephoenix.com
Funding Date: April 2nd, 2020
Funding Type: Seed Round
Address: Two Park Avenue, 20th Floor, New York, NY 10016
Overview from their Crunchbase profile:

“Wilshire Phoenix was established in 2018 and is proud to be at the forefront of financial innovation and market developments.

By thoroughly tracking and analyzing developments in today’s increasingly complex global markets we are able to develop financial products that seek to respond to the various challenges that investors face. We monitor for, and adapt to, shifting financial landscapes, the growth of industries, and the emergence of new asset classes. We place a strong emphasis on simplicity and elegance over complexity and structure our products in a manner that is consistent with investor protection. Our products, including those that are currently being created, offer exposure across multiple asset classes, such as stocks, bonds, commodities, and alternative assets.

Wilshire’s leadership team has nearly a century of aggregate experience in institutional finance across trading, deal structuring, transaction management, regulatory compliance, marketing, and sales. Our combined backgrounds add unique perspectives when identifying appropriate opportunities for our clients and investors.”

Company: Divvz
Website: www.divvz.com
Funding Date: April 3rd, 2020
Funding Type: Pre-Seed Round
Overview from their Crunchbase profile:

Divvz enables transparency, validation, and accountability between parties seeking to split the cost of goods. It does this in a way that leads to confidence and trust in the Divvz app, and between the parties, saving relationships in the process. Divvz is an intuitive app, with patent-pending technology, that’s focused around the complex process of validating, tracking, communicating, and transacting with others. Divvz is the best way for people to split the cost of the things they share, and does so through a single platform that users can trust.”

Company: Liist
Website: www.liist.cc
Funding Date: April 3rd, 2020
Funding Type: Seed Round
Funding Amount: $420K
Overview from their website:

“Remember that place on Instagram that you took a screenshot of to save for later? Of course you don’t. That’s why we built liist.

Company: Kjaer Weis
Website: www.kjaerweis.com
Funding Date: April 6th, 2020
Funding Type: Series A
Address: 82 Nassau St, #302, New York, NY 10038
Overview from their Crunchbase profile:

Founded by Danish-born makeup artist Kirsten Kjaer Weis living in New York City, KW fuses together a minimalist Scandinavian aesthetic with that unapologetic NYC spirit, creating a makeup that is as beautiful on your skin as it is to hold in its uniquely designed luxury and sustainable case. They are two things that we usually compromise for in beauty, but Kirsten knows how to celebrate the seeming opposites in life. “Scandinavia has a calmness, a minimalism. New York City is fierce.” She says, ‘They seem like they are so different but they can work together. Kjaer Weis is both. A trailblazer, merging these two worlds of luxury and sustainability without compromise. We are making the new norm.’”

Company: TytoCare
Website: www.tytocare.com
Funding Date: April 7th, 2020
Funding Type: Venture – Series Unknown
Funding Amount: $50M
Address: 215 W 40th Street, 9th floor, New York, NY 10018
Overview from their Crunchbase profile:

TytoCare is a mobile-health platform and device, allowing anyone to perform self physical examination and remote diagnosis. Tyto Care has three telehealth products: the TytoHome for consumers, TytoPro for professionals, and TytoClinic for remote point-of-care locations.

All solutions are designed to replicate a facetious clinician visit and include a modular examination tool for examining the heart, lungs, skin, throat, ears and body temperature; a complete telehealth platform for sharing exam data, conducting live video exams and scheduling visits; a cloud-based data repository with analytics; and built-in guidance technology and machine learning algorithms to ensure accuracy and ease of use.”

Company: CyberMDX
Website: www.cybermdx.com
Funding Date: April 7th, 2020
Funding Type: Series B
Funding Amount: $20M
Address: 1216 Broadway, New York, NY 10001
Overview from their Crunchbase profile:

CyberMDX is a cybersecurity company that provides threat prevention for medical devices and clinical assets. CyberMDX identifies and protects connected healthcare technologies to ensure operational resiliency, as well as patient safety and data privacy. Automating good network hygiene and architecture, CyberMDX makes it easy to smartly manage and secure your hospital IoT deployments at any scale. Zero-day vulnerability research, context-aware DPI, AI-enabled network traffic monitoring, and operational analytics round out the offering to make sure that your technology is fully protected and optimally utilized.”

Company: Cadence
Website: www.withcadence.io
Funding Date: April 7th, 2020
Funding Type: Seed Round
Funding Amount: $4M
Address: 86 Chambers St, New York, NY 10007
Overview from their Crunchbase profile:

Cadence is the leading fintech securitization platform for private credit. The company has developed a platform to streamline the securitization process for specialty finance originators at every stage of growth. Their suite of software and services is built with both institutional and retail investors in mind, integrating directly into their existing workflows and providing exposure to innovative securitized products.”

Company: Spot & Tango
Website: www.spotandtango.com
Funding Date: April 7th, 2020
Funding Type: Seed Round
Funding Amount: $4.2M
Overview from their Crunchbase profile:

Spot & Tango is an innovative human grade dog food manufacturer born & raised in NYC. They are dedicated to providing pet parents with the highest quality health & wellness products delivered online and in pet specialty stores.”

Company: Tropic
Website: www.tropicapp.io
Funding Date: April 8th, 2020
Funding Type: Seed Round
Funding Amount: $2.1M
Address: 335 Madison Ave Fl 3, New York, NY, 10173
Overview from their Crunchbase profile:

Global business runs on software, but the process for buying it is broken. Each year, trillions of dollars are still driven manually by a sales rep picking up a phone and persuading stakeholders into emotional decisions. The resulting inefficiencies are costing businesses time, money, and even jobs, with a near-60% dissatisfaction rate in purchased software. Tropic is solving this problem. Think Kayak for software selection. Enter your use cases; buy the best software at a fair price, and never pick up the phone again. We are automating enterprise sales the same way travel, automotive, and healthcare have already been automated and driving meaningful change across one of the world’s most important industries.”

Company: Frank
Website: www.withfrank.org
Funding Date: April 13th, 2020
Funding Type: Venture – Series Unknown
Funding Amount: $5M
Address: 444 Madison Avenue, New York, NY 10022

Overview from their Crunchbase profile:

Frank’s online platform streamlines and simplifies the Free Application for Federal Student Aid (FAFSA®) application process. Its mission is to help students reach their greatest potential by getting the most value from their education. Frank aims to assist each student and help them get their maximum financial aid.”

Company: Amperon
Website: www.amperon.co
Funding Date: April 13th, 2020
Funding Type: Seed Round
Funding Amount: $2M
Address: 335 Madison Ave, New York, NY 10173
Overview from their Crunchbase profile:

Amperon is a provider of smart meters to deliver real-time energy data forecasts. There are over 70M smart meters currently installed in the country, collecting 15 minute resolution electricity data for every type of ratepayer (including residential, commercial, and industrial). The data has been relatively untapped for the past decade, and Amperon is leveraging it to charge forward and bring AI to the energy world to usher in the smart grid of the future.”

Company: Frame AI
Website: www.frame.ai
Funding Date: April 15th, 2020
Funding Type: Series A
Funding Amount: $6.3M
Overview from their Crunchbase profile:

An early warning and continuous monitoring system that operationalizes Voice-of-Customer.”

Company: ByHeart
Website: www.byheart.com
Funding Date: April 15th, 2020
Funding Type: Series A
Funding Amount: $70M
Overview from their Crunchbase profile:

ByHeart operates as a fully integrated infant nutrition company. ByHeart produces evolved formula and food products to support babies’ nutrition and parents’ peace of mind.”

Company: AI.Reverie
Website: www.aireverie.com
Funding Date: April 14th, 2020
Funding Type: Venture – Series Unknown
Funding Amount: $5.6M
Address: 75 Broad Street, Suite 640, New York, NY 10004
Overview from their Crunchbase profile:

AI.Reverie is a simulation platform that trains AI to understand the world. They offer a suite of synthetic data and vision APIs to help businesses across different industries train their machine learning algorithms and improve their AI applications, so that together, they make cities smarter, farms sustainable, homes safer, tasks easier, and life fuller.”

Company: Attentive
Website: www.attentivemobile.com
Funding Date: April 15th, 2020
Funding Type: Series C
Funding Amount: $40M
Address: 156 Fifth Ave., Suite 303, New York, NY 10010
Overview from their Crunchbase profile:

Attentive® is a personalized mobile messaging platform for innovative brands & organizations that can quickly become a top 3 revenue channel. Using real-time behavioral data, Attentive automatically sends engaging text messages to each subscriber at every step of the customer lifecycle. Over 1,000 leading businesses rely on Attentive and see strong performance, like 30%+ click-through rates and 25x+ ROI.”

Company: Beyond Identity
Website: www.beyondidentity.com
Funding Date: April 14th, 2020
Funding Type: Series A
Funding Amount: $30M
Address: 853 Broadway, Suite 700, New York, NY 10003
Overview from their Crunchbase profile:

Beyond Identity’s mission is to empower the next generation of secure digital business by replacing passwords with fundamentally secure X.509-based certificates. This patents-pending approach creates an extended Chain of Trust™ that includes user and device identity and a real-time snapshot of the device’s security posture for adaptive risk-based authentication and authorization. Beyond Identity’s cloud-native solution enables customers to increase business velocity, implement new business models, reduce operating costs, and achieve complete passwordless identity management.”

Company: VAST Data
Website: www.vastdata.com
Funding Date: April 16th, 2020
Funding Type: Series C
Funding Amount: $100M
Address: 1460 Broadway, New York, NY 10036
Overview from their Crunchbase profile:

VAST Data is a storage company bringing an end to complex storage tiering and HDD usage in the enterprise. VAST consolidates applications onto a highly scalable all-flash storage system to meet the performance needs of the most demanding workloads, while also redefining the economics of flash infrastructure to finally make it affordable enough to store all of your data on flash.”

Company: SkillSoniq
Website: www.skillsoniq.com
Funding Date: April 17th, 2020
Funding Type: Seed Round
Funding Amount: $100k
Overview from their Crunchbase profile:

SkillSoniq is a marketplace app that connects companies with skilled, local freelancers in the same city at highly affordable rates. We use Machine Learning and Artificial Intelligence to match freelancers with relevant projects in a way that freelancers can fully utilize their 40 hour work week and stay happy. We are heavy proponents of the “Freelance”​ economy that is estimated to contribute $2.5 Trillion per year to the global GDP, by 2025.”

Company: Nuvocargo
Website: www.nuvocargo.com/en
Funding Date: April 21st, 2020
Funding Type: Seed Round
Funding Amount: $5.3M
Overview from their Crunchbase profile:

Nuvocargo is a software-enabled freight forwarder and licensed US customs broker helping shippers move cargo between USA and Latin America. Nuvocargo gives its customers more visibility and better data to understand their supply chain, and combines that with decades of logistics and freight forwarding experience.”

Company: Filter Off
Website: www.getfilteroff.com
Funding Date: April 20th, 2020
Funding Type: Seed Round
Overview from their Crunchbase profile:

Filter Off helps people connect romantically via 90-second FaceTime-style video chats while social distancing. Three days a week, the app hand-selects three dates for you that match your preferences. You’ll view your dating queue for the evening, add the appointments to your calendar (if you’re a calendar person) and connect with a potential romantic match at the scheduled time. You’ll have 90 seconds to chat via live video and swap stories about how you’re passing the time. Once the date is over, you can decide whether you’d like to take it a step further and go on a real date, which at this point in time means sending in-app messages and video messages.”

Company: Bodhala
Website: www.bodhala.com
Funding Date: April 22nd, 2020
Funding Type: Series A
Funding Amount: $10M
Address: 200 Broadway, Floor 3, New York, NY 10038
Overview from their Crunchbase profile:

Bodhala applies data science, machine learning and AI-driven insights to help companies analyze, interpret and optimize legal spend. The company’s proprietary benchmarking metrics and rate review algorithms generate detailed insights into every aspect of legal spend. The dashboard puts the information users need to help users make more cost-effective decisions about legal service providers, boosting efficiency and improving the bottom line.”

Company: Paige
Website: www.paige.ai
Funding Date: April 23rd, 2020
Funding Type: Series B
Funding Amount: $5M
Address: 11 Times Square, level 37, New York, NY, 10036
Overview from their Crunchbase profile:

Paige builds software to advance diagnosis, treatment and biomarker discovery for cancer. The Memorial Sloan Kettering spin-out aims to help pathologists and clinicians make faster, more informed diagnostic and treatment decisions and to bring new digital biomarkers to their practice.

Paige’s proprietary Machine Learning solutions provide insights from decades of data from the world’s experts in cancer care and were recently published in Nature Medicine. The company’s first product for prostate cancer detection received Breakthrough Designation from the FDA as a novel therapy that stands to improve diagnostic accuracy while reducing costs to health systems.”

Company: Comet.ml
Website: www.comet.ml
Funding Date: April 22nd 2020
Funding Type: Venture – Series Unknown
Funding Amount: $4.5M
Address: 100 Avenue of The Americas, 3rd Floor, New York, NY 10013
Overview from their Crunchbase profile:

Comet is doing for ML what GitHub did for Code. It allows data scientists to automatically track their datasets, code changes, experimentation history, and production models creating efficiency, transparency, and reproducibility.

Comet.ml is the first platform built for ML that enables engineers and data scientists to efficiently maintain their preferred workflow and tools, while easily tracking previous work and collaborating throughout the iterative process. Comet.ml also optimizes models with bayesian hyperparameter optimization – a type of algorithm – which saves time typically spent on manual tuning ML models. As a result, users have increased visibility of data science, ML results, and progress throughout an organization.”

Company: Gatsby
Website: www.trygatsby.com
Funding Date: April 23rd, 2020
Funding Type: Venture – Series Unknown
Overview from their Crunchbase profile:

Gatsby is a reimagined options trading application that cuts through the jargon and makes options trading available to the masses. Gatsby, founded by Ryan Belanger Saleh and Jeff Myers, is a trading app that makes options trading accessible to everyone. Users don’t need to be a professional, and don’t need to understand a lot of industry jargon. With as little as $100 users can turn investments for or against companies and ETFs into big returns all for free. Trading Options with Gatsby leaves the options matrix and capital requirements behind and offers higher risk and better potential returns than trading stocks. The app allows users to watch the Gatsby community react to breaking news and corporate reports and then optimise their strategy by leveraging everyone’s knowledge and expertise.”

Company: HelloRelish
Website: www.hellorelish.com
Funding Date: April 27th, 2020
Funding Type: Series A
Funding Amount: $5M
Overview from their Crunchbase profile:

HelloRelish is a relationship wellness app that delivers personalized plans to rebuild your relationships. Relish is backed by a top tier investment firm. It uses micro-learning techniques and machine learning to deliver its services. The Relish customer gets empirically proven advice, backed by a panel of expert advisors that is timely, tailored, and – most importantly – action-orientated.”

Company: STASH
Website: www.stashinvest.com
Funding Date: April 29th, 2020
Funding Type: Series F
Funding Amount: $112M
Address: 500 7th Ave 18th Floor, New York, NY 10018
Overview from their Crunchbase profile:

STASH, one of the fastest growing consumer investing and banking apps in the U.S., is pioneering the future of personal finance by uniting investing, banking and education into one seamless experience. With nearly four million customers, the cohesive platform prioritizes affordability, accessibility, simplicity and education, offering a full suite of products including personal investment accounts, Traditional and Roth IRA’s, custodial investment accounts, and banking services (including checking accounts and debit cards). Based in New York City, STASH launched in October 2015 by Wall Street veterans, Brandon Krieg and Ed Robinson.”

Company: Particle Health
Website: www.particlehealth.com
Funding Date: April 28th, 2020
Funding Type: Series A
Funding Amount: $12M
Address: 335 Madison Ave. Floor 16, New York, NY 10017
Overview from their Crunchbase profile:

Particle Health is an API designed for healthcare innovators that gives access to vital medical data. It manages patient consent, giving investigators, underwriters, and administers a single-point clearinghouse for clinical health data, without the need for a third party.”

Company: Covered by SAGE
Website: www.coveredbysage.com
Funding Date: April 28th, 2020
Funding Type: Seed Round
Funding Amount: $6M
Overview from their Crunchbase profile:

Covered by SAGE is a modern insurance platform, pairing top talent with technology. Their proprietary technology platform makes its clients’ risk management experience intelligent and seamless.”

Company: Catalyst Software
Website: www.catalyst.io
Funding Date: April 28th, 2020
Funding Type: Series B
Funding Amount: $25M
Address: 235 W 23rd St, Floor 8, New York, NY 10011
Overview from their Crunchbase profile:

Catalyst develops an intuitive Customer Success Platform (CSP) for customer sales teams, helping them reduce churn, drive product adoption, and build customer relationships at scale. It helps customer success managers to proactively take the right actions to prevent churn, such as receiving automated alerts when a customer is not using certain features that are critical to their success.”

Company: Tomorrow Health
Website: www.home.tomorrowhealth.com
Funding Date: April 28th, 2020
Funding Type: Seed Round
Funding Amount: $7.5M
Address: 1123 Broadway, New York, NY 10010
Overview from their Crunchbase profile:

At Tomorrow Health, they believe you deserve an exceptional experience for care at home. That’s why they’re bringing together personal service and modern technology to get you the products and supplies you need, ordered using your health insurance and delivered right to your door.”

Company: Material Bank
Website: www.materialbank.com
Funding Date: April 20th, 2020
Funding Type: Series B
Funding Amount: $28M
Overview from their Crunchbase profile:

Material Bank is the world’s largest architectural and design-focused material resource library. It is the only place for architects, interior designers and design professionals to search materials from leading brands on a single platform and, with the click of a button, receive samples by 10:30 a.m. the next day.”

 


At Karma Search LLC, we partner with tech startups to hire Technology and Creative individuals. Whether your tech startup is looking to hire a Software Engineer or another Technology or Creative candidate, we’ve got you covered.

Schedule a call with us today for a customized hiring strategy session catered to your tech startup. We work with tech startups across the US, including Des Moines, Chicago, Minneapolis, Boston, New York City, Austin, Indianapolis, Portland, Seattle, San Francisco, Denver, St. Louis, Kansas City, and more. www.trykarmasearch.com

 

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