Temperatures and funds are on the rise in NYC. Last week, Built In NYC caught up with local startups raising venture capital and big companies naming new members to their executive boards. Here’s what you may have missed. This is the Built In NYC Weekly Refresh.
Contentsquare raised $600M. Digital analytics company Contentsquare raised $600 million in its Series F funding round last Thursday. The raise was led by Sixth Street Growth and is made up of $400 million in equity and $200 million in debt financing. The raise doubled Contentsquare’s valuation to $5.6 billion. With its new capital, Contentsquare plans to invest in mergers and acquisitions and expand into new markets. [Contentsquare]
ZEBEDEE secured $35M. Fintech gaming startup ZEBEDEE secured $35 million in a Series B funding round led by Kingsway Capital with participation from The Raine Group and Square Enix. ZEBEDEE’s technology allows game developers to add programmable money to any game, which in return allows gamers to make real money in exchange for their activity on the game. With its fresh funds, the fintech startup is investing in product development while growing strategic partnerships. [Built In NYC]
nyc TECH QUOTE OF THE WEEK
Meow raked in $22M. Meow, a corporate-centered crypto startup that helps businesses participate in crypto investments, raked in $22 million in a Series A funding led by VC giant Tiger Global. Meow launched earlier this year, and according to a company statement, has reportedly grown nearly $100 million in corporate crypto assets. With its new funding, Meow is focusing on product development and hiring for its marketing, sales and engineering teams. [Built In NYC]
Healthie announced its $16M raise. Healthie, a telehealth startup featured in Built In NYC’s Future 5 series, announced its $16 million Series A raise last week. The startup hasn’t raised outside capital since its $1.9 million seed raise in 2016, which allowed Healthie to be profitable and self-funded by 2018. The raise, led by Velvet Sea Ventures, will be used for hiring and expanding the company’s product offerings. [Built In NYC]
Fredrik Eklund launched a real estate app. Million Dollar Listing: NYC star Fredrik Eklund entered the tech sector last week after he launched REAL, an app built exclusively for real estate agents and property buyers. The app doubles as an Instagram and WhatsApp-like platform that allows real estate agents to promote themselves for no cost instead of doing paid advertisements. Eklund co-founded the app with Thomas Ma, an entrepreneur and real estate agent from Hong Kong, who has experience developing property technology. [Built In NYC]
Depop named a new CEO. Kruti Patel Goyal, Etsy’s current Chief People Officer, was named Depop’s new CEO last week. Goyal will replace Maria Raga, who after eight years at the company has resigned to pursue personal ventures. The executive decision comes just one year after Brooklyn-based Etsy bought London-Based Depop for $1.6 billion. [Built In NYC]
Flowcode entered a partnership with POAP. New York-based Flowcode, a company that helps organizations produce QR codes, entered a partnership with POAP, a startup that mints events as NFTs on the blockchain. Through the partnership, Flowcode and POAP will combine technological efforts in the companies’ shared mission of connecting the offline world to digital opportunities. [PR Newswire]
Intrado named a new president. Intrado, an Islandia, New York-based cloud communications company named Nimesh Davé as president of the company’s Notified business segment. Davé brings experience from his previous position as president of Global Cloud, a technology and supply chain services company. [Globe Newswire]
