The New York tech scene had a busy week with millions of dollars in capital raised, new leadership, innovative partnerships and so much more. This is the Built In NYC weekly refresh.
Uber partnered with Creative Mobile Technologies. Uber announced it partnered with taxi provider Creative Mobile Technologies (CMT) to provide taxi rides alongside Uber rideshares. CMT also operates the taxi app Arro. Drivers using the app will be able to participate in Uber rides and view Uber fares starting this spring. [Built In NYC]
Ramp raised $750M. Ramp provides corporate cards to help companies, like Ro and ClickUp, manage their finances. Ramp gained $750 million in a funding round led by Founders Fund. The new capital brings the company’s total valuation to $8.1 billion. The fresh funding will go toward exploring acquisitions and mergers, opening a new office and hiring efforts. The company is currently hiring for over 60 roles. [Built In NYC]
Jeeves gained $180M. Jeeves provides companies with an all-in-one card for corporate expenses and management that operates across currencies and countries. The company’s valuation rose to $2.1 billion following its $180 million Series C round. This round comes nearly seven months after closing a Series B round. This recent funding will go toward launching in other markets, product development and hiring. [TechCrunch]
Capitolis received $110M. Capitolis became a unicorn after raising a Series D round of $110 million. Capitolis, now valued at $1.6 billion, wants to optimize how capital moves through markets and has worked with over 100 big banks. Former U.S. Under Secretary of the Treasury for Domestic Finance and Counselor to the Secretary of the Treasury Jeffrey Goldstein is joining the board as well as George Osborne, former U.K. Chancellor of the Exchequer. [TechCrunch]
NYC TECH QUOTE OF THE WEEK
Spot & Tango raised $38.5M. Spot & Tango is a direct-to-consumer health and environmental-conscious dog food brand that is curated by animal nutritionists. Spot & Tango received $38.5 million in a Series B round that will go toward creating new recipes. The company will also add to its team, with plans to triple its current employee headcount of 72. [Built In NYC]
Glia hits $1B+ valuation. Glia provides AI assistance for customer service departments at banks and credit unions with voice, video and messaging support. Glia raised $45 million in a Series D funding round that brought the company’s valuation to over $1 billion. The Series D round will go toward advancing its offering and AI analytics, along with research and development. Funds will also go toward expanding its global reach. [Built In NYC]
ChargeAfter raised $44M. ChargeAfter, like its name, is a “buy now, pay later” platform offering high financing amounts to its users. The New-York based company raised $44 million in a Series B round led by The Phoenix. The funds will go toward partnering with more lenders and retailers, as well as hiring more people to join ChargeAfter’s team. [Built In NYC]
Artie Minson joins LeafLink C-suite. Former WeWork executive Artie Minson joined cannabis company LeafLink as its president and chief operating officer. LeafLink is a B2B platform based in NYC for wholesale cannabis. The company is actively hiring for more than 50 roles. [Axios]
The Lemonade Foundation launched a crypto climate coalition. The Lemonade Foundation, a nonprofit founded by Lemonade focused, announced the formation of the Lemonade Crypto Climate Coalition. The coalition is established as a Decentralized Autonomous Organization (DAO) and will focus on blockchain technology as insurance that will be used to protect farmers in Africa from climate change. Farmers can use global stablecoins or local currencies to make and receive payments on their phones. This is expected to be in use later this year. [Business Wire]
Cityblock Health named a new CEO. Cityblock Health works with community-based organizations and health plans to provide personalized medical and health services for those on Medicare and Medicaid. The Brooklyn-based company announced it named Toyin Ajayi as its news CEO. Ajay is also a co-founder of Cityblock Health. [Axios]
Simon Data partnered with Snowflake. Simon Data provides a customer data platform allowing brands to measure customer data and experience. The company partnered with Snowflake, a cloud-data platform based out of Montana. The partnership will bring the “Powered by Snowflake” program to Simon Data and will extend data capabilities and offer other marketing and security advantages to Simon Data users. [Simon Data]
