Several financial services solutions received sizable venture capital rounds last month in the Big Apple, though a handful of biotechnology companies rounded out November with hefty sums of their own. Find out which innovators are growing after successful funding raises last month.
Top NYC Tech Funding Rounds, November 2023
- Imprint
- EyeBio
- Covera Health
- Nowsta
- Candex
#5. $35 million, November 3
Backed by $35 million in Series C capital from lead investor VMG Partners, Nowsta, a tech company serving gig workforces, announced the launch of its staffing solution, Staffing Labs. The funding will go toward enhancing its AI-driven workforce management tech and expanding its executive leadership team.
#4. $45 million, November 28
Goldman Sachs led a round of Series B funding for Candex, a company working to streamline vendor management and payment processes for organizations. The company plans to invest the new capital in growing its Asian market presence and developing a new product to serve customers with “high-volume, small payment” needs.
#3. $50 million, November 1
Diagnostic tech company Covera offers an AI-enabled solution for radiology performance measurement and impact. Insight Partners committed $25 million in Series C funding to Covera, with the potential to fund up to $50 million. Covera also acquired AI quality assurance company CoRead. These growth moves will help the company scale its marketplace that serves both payers and providers.
#2. $65 million, November 14
Biotech company EyeBio works to develop and deliver therapies aimed at protecting, restoring and improving vision in patients with sight-threatening eye diseases. The company raised $65 million in equity capital from investors including Bain Capital Life Sciences and Omega Funds to accelerate its clinical development program and build out its retina pipeline.
#1. $75 million, November 13
Imprint secured $75 million in Series B funding for its co-branded credit card solution. The company allows brands to design, launch and manage co-branded credit card programs. Backed by its fresh capital from Ribbit Capital and others, Imprint plans to scale its existing programs and launch new ones.
