NYC tech companies are innovating in sectors across the board after their latest injections of venture capital. No-code web design and digital healthcare are just the beginning. Read on for the latest. This is the Built In NYC weekly refresh.
iCapital Network pulled in $440M. Offering clients a wealth management platform that works to provide lower minimums, a simplified digital workflow and access to alternative investments, iCapital closed on its latest round of funding led by Temasek. With the fresh cash, it’s planning to build out its product and pursue acquisitions. It’s also currently hiring across several departments like engineering and HR. [Built In NYC]
Landis raised $165M. The company provides a platform that works to help renters pursue homeownership while simultaneously offering tools for financial literacy. The company announced its Series A round led by Sequoia Capital and backed by celebrity investors Jay-Z and Will Smith. Landis is planning to spend the money on expanding into new states and building out its team. [PYMNTS]
NYC Tech Quote of the Week
Bubble got $100M. Website development platform Bubble offers a cloud-based, no-code solution that allows users to create completely custom websites on which they can run their business. Now, with Series A funding led by Insight Partners, Bubble is looking to fuel additional growth and hire up to 50 people by year’s end before doubling its team next year. [Built In NYC]
Suzy raised $50M. The company offers a tech-enabled D2C market research platform to help large enterprises gather actionable insights more efficiently. H.I.G Capital led Suzy’s Series D funding round that it plans to invest in scaling its organization, fueling internal growth across engineering, sales, marketing, customer success and operations. [AlleyWatch]
Lithic pulled in $60M. Lithic provides developers with a self-serve API for launching credit and debit card programs. After its Series C round led by Stripes, Lithic wants to grow its team to help meet increasing demand for its product. It’s also planning to expand through strategic acquisitions. To date, the company has raised $110 million in venture funding. [PR Newswire]
Talkiatry secured $20M. Partnered with each of the leading health insurance providers in the country, this startup’s platform works to provide users with in-network psychiatric care. Its model combines both in-person and virtual care. Talkiatry is looking to build out its tech and expand its operations into more states next year after its Series A round of funding. Left Lane Capital led the round. [HIT Consultant]
