Last week’s NYC tech news saw companies raising funds, launching products and positioning themselves for growth in 2023. Businesses raised funds last week to innovate across the fields of healthcare, HR and insurance, to name a few. Catch up on all the NYC tech news you might have missed last week with the Built In NYC Weekly Refresh.
Pearl Health gained $55M. Pearl Health’s physician enablement platform helps clinicians more proactively care for their patients through the use of data science. After expanding from 10 to 29 states last year, the company is positioning itself for further growth with a $55 million Series B financing round and a $20 million line of credit. The funding will help Pearl Health form new partnerships, expand its services and invest in research and development. [PR Newswire]
AtomicJar captured $25M. AtomicJar is the developer of Testcontainers, an open-source microservices testing platform that provides instant feedback about a developer’s code. The Series A funding will be used to support the launch of Testcontainers Cloud, which allows developers to move faster with the power of cloud computing. AtomicJar also plans to grow its engineering and go-to-market teams. [Built In NYC]
NYC Tech Quote of the Week
“Traditional B2B providers in the U.S. and abroad have long underserved small- and medium-sized businesses. We recognize that businesses require a mobility solution that has quick access to inventory, high-touch customer care and is both easy to use and convenient. The introduction of B2B services to the U.S. will help us scale quickly and complement our existing consumer approach.” — Jan Hansen, SVP of B2B at FINN
FINN launched its B2B offering in the U.S. FINN, a car subscription service based in Germany, allows users to order a new vehicle every six to 12 months with an all-inclusive rate that covers the cost of insurance, maintenance and roadside assistance. The company also offers a business-to-business service for companies with vehicle fleets. This B2B service, which has already been rolled out in Germany, was introduced to the U.S. market last week. The first vehicles will be delivered by February 15. [Built In NYC]
Newsela’s new CEO got to work. Newsela, an educational content platform for K-12 classrooms, had a new CEO take the helm on January 23. The new CEO is Pep Carrera, who previously served as the CEO of Nearpod and VitalSource. Carrera will replace Newsela’s founding CEO Matthew Gross, who will shift to an executive chairman role. Newsela is also hiring for a handful of roles on Built In. [Newsela]
In more VC funding news: Insurtech startup Dayforward announced a $25 million capital raise and an acquisition that will help the company scale nationally and develop new insurance products. [Built In NYC]
NYC startup ChartHop raised $20 million to improve its platform’s capabilities, which compiles employee data to guide HR initiatives. [Built In NYC]
Y Combinator alum Tranch pulled in a $5 million seed equity round and a $95 million credit facility for its buy now, pay later platform in the business-to-business space. [Built In NYC]
