From cryptocurrency to customer success, NYC tech companies announced funding raises last week that will help them advance their technology and grow their team. Catch up on the NYC tech news you might have missed last week. This is the Built In NYC Weekly Refresh.
Vitally pulled in $30M. The Brooklyn-based startup will use this Series B funding to launch new features for its customer success platform, expand globally and add to its engineering team. After scaling from 18 to 52 employees last year, the company plans to more than double its 62-person team in the year ahead. [Built In NYC]
Chaos Labs gained $20M. ChaosLabs develops automated security tools that proactively monitor the health of crypto protocols that govern decentralized finance transactions. The company said its tools can also detect market manipulation. Led by Galaxy and PayPal Ventures, this seed round will be used to expand Chaos Labs’ suite of risk and security products. [Built In NYC]
NYC Tech Quote of the Week
“This acquisition is just the first hint of all of the major innovations planned for MikMak in 2023 as we continue to build upon our commerce marketing tech stack and become a global leader in the industry.” — Rachel Tipograph, founder and CEO of MikMak
MikMak announced an acquisition. The NYC-based e-commerce software developer announced last week that it has entered into a definitive agreement to acquire Swaven, a French e-commerce software company. Swaven will complement MikMak’s North American marketplace with its international network spanning Europe, Africa, Asia and Latin America. [Business Wire]
Zurp was featured in the Built In Future 5 series. The latest installment of our series about early-stage startups highlights Zurp, which is about to launch a credit card that allows users to contribute cash back rewards to their favorite influencer in exchange for special perks and access. Zurp also provides creators with anonymized data about their followers’ spending habits, which could be used to negotiate a sponsorship deal or inform a new product launch. [Built In NYC]
In more VC funding news: TipLink gained $6M for its technology that lets users send cryptocurrency, NFTs or other digital assets to another person through a hyperlink — even if that person doesn’t have a crypto wallet. [PR Newswire]
Collaborative storytelling platform Strider landed $5.5M to build out its team and onboard content creators who will be able to own the characters and storylines they develop. [Business Wire]
Home design company DEN Outdoors hauled in $3M to launch BuiltBy DEN, a home-building platform that will help customers select a parcel of land, customize their design and manage the construction project. [PR Newswire]