NYC companies were on a roll last week. The entire city was ranked No. 1 in a recent report that found NYC companies posted the most jobs in June compared to nine other metro cities. Outside of that, the local startup community has been raking in funding rounds and undergoing company rebrands. Here’s what you may have missed. This is Built In NYC’s weekly refresh.
NYC companies posted the most jobs in June. A recent report from CompTIA reported that over 300,000 tech jobs from NYC tech companies were posted in June. This metric placed NYC as the highest-ranked city for the most published tech jobs. Other top contenders included Washington, D.C., Dallas, Los Angeles and Chicago. [Built In NYC]
Pattern Brands pulled in $25M. Acquisition and marketing platform Pattern Brands pulled in $25 million in a recent funding round co-led by Toba Capital, Verlinvest and BAM Elevate. The startup plans to use its fresh funding to continue its acquisition efforts. So far, the Pattern Brands portfolio has six e-commerce companies, which it sources from Shopify. [Built In NYC]
Particle Health raked in $25M. Particle Health, a data exchanging health startup, raked in $25 million led by Canvas Ventures with participation from Menlo Ventures, Story Ventures and Pruven Capital. The company plans to use its new capital to expand its analytics product, launch a company partner platform and hire. Particle Health plans to focus its hiring efforts on expanding its customer service and engineering teams. [Business Wire]
NYC Tech Quote Of The Week
Syrup Tech raised $6.3M. Predictive SaaS platform Syrup Tech uses artificial intelligence technology to help e-commerce brands predict which items they should purchase more of in aims to reduce waste. Last week, Syrup Tech raised $6.3 million in funding from Gradient Ventures, Google’s AI Venture fund. The company plans to use its new capital to develop new models and features on its platform to better meet the needs of its existing and future customers. [Built In NYC]
APDS secured $7M. APDS, an edtech startup that helps incarcerated people gain access to career readiness and mental health education, raked in $7 million in its Series C raise. The raise was co-led by ETS Strategic Capital and New Markets Venture Partners. The company is investing its new capital into scaling its tech-fueled correctional facility services, enhancing its proprietary learning platform and expanding strategic partnerships. Additional funds will go toward hiring. [Built In NYC]
Happify Health rebranded to Twill. Happify Health, a digital therapeutics and well-being product development startup, rebranded to Twill. According to a company statement, the rebrand represents Happify Health’s transition from a wellness app to clinical-grade platform. [Business Wire]
