As some companies pulled in generous financing last week, others are making their debuts. Find out the latest happenings on the NYC tech scene. This is the Built In NYC weekly refresh.
Butterfly Network went public. Healthtech company Butterfly Network, findable by its New York Stock Exchange ticker BFLY, closed its business combination with SPAC Longview Acquisition Corp. The company is now poised to begin trading Class A common stock as well as accelerate its ultrasound tech. Additionally, the company is now hiring for dozens of open roles in engineering, sales, operations and more. [PR Newswire]
Personetics raised $75M. The startup provides personalization and customer engagement tools for banks and financial services providers. It just closed on a new growth funding round from Warburg Pincus. Its AI software analyzes customer financial data and behavior in real-time while retaining all confidentiality. [FinSMEs]
NYC Tech Quote of the Week
Public got $220M. NYC welcomed a new unicorn last week after the stock trading social platform pulled in its Series D round, raising its valuation to $1.2 billion. The funding was led by Accel, Greycroft and Lakestar. Public aims to make investing in stocks more community-oriented. It’s planning to invest in scaling its platform as well as introducing new features. [Built In NYC]
Eden Health pulled in $60M. The startup announced the close of its Series C round to help companies provide better medical care to their employees. The round, led by Insight capital, will go toward making new developments to its product and tech as well as expanding Eden Health’s network of physical locations. It’s also hiring for several tech positions at its NYC office. [Built In NYC]
VC firm Avid Ventures just launched. Co-founded by two women with VC expertise from big-name firms, Avid launched with $68 million in debut funding. The new firm aims to finance early stage fintech, software and consumer internet startups. With six companies already under its belt, Avid is looking to further its momentum helping these startups scale. [Built In NYC]
