NYC tech startups were feeling the love from investors last week. From a massive $110 million round in the transit tech space to a Series A for an innovative self-storage startup, last week’s NYC tech news is full of innovative companies that made investors fall head over heels. Catch up on the NYC tech news you might have missed with the Built In NYC Weekly Refresh.
Via raised $110M. The NYC-based transit tech company is helping cities around the world design more efficient and effective transportation systems, sometimes incorporating autonomous and electric vehicles along the way. This funding round valued the company at $3.5 billion and will be used to expand into new markets and verticals. [Built In NYC]
NYC Tech Quote of the Week
“Truckers and bus drivers are the essential workers that power the American economy, and without proper insurance that leverages technology to reduce accident frequency and severity, their families can suffer dearly after an accident.” — Yoav Oron, co-founder and CEO of OpenEyes
OpenEyes brought in $18M. OpenEyes provides auto insurance for commercial fleets. The company is focused on bringing down rates by identifying risk factors that could help fleet managers reduce the frequency and severity of accidents. OpenEyes plans to use this Series A funding to grow its team and its U.S. operations. [PR Newswire]
Comun was featured in the Built In Future 5 series. Our series about innovative early-stage tech companies continued last week with an article about Comun, a Spanish-first banking platform. Designed for Latino immigrants, Comun allows immigrants without a social security number to sign up for a free checking account that does not charge fees or require a minimum balance. [Built In NYC]
Stuf bagged $11M. Stuf is a NYC startup that turns empty or underutilized portions of office, retail or multifamily buildings into self-storage facilities that can be rented out by people who live or work nearby. The company will use this Series A funding to create more self-storage facilities, evolve its tech and double its nine-person team. [Built In NYC]
Twentyeight Health gained $8.3M. Twentyeight Health is a telehealth startup that provides reproductive and sexual health services to women, with a focus on lower-income women and women of color. The startup has expanded its reach from six to 34 states in the past two years. It plans to use this pre-Series A funding to further increase its presence. [Silicon Valley Journals]
