Nearly $400 million in venture capital poured into the Big Apple last week – and that’s just what we could count. Find out what you may have missed last week with the Built In NYC weekly refresh.
Updater raised $215M. With aims to make moving a breeze, the Updater app helps users set up internet, TV and utilities in their new house. The platform also helps users hire movers, forward mail, purchase moving supplies and shop for home and renters insurance. This week, the startup raised $215 million in funding to hire, expand to other markets and fuel research and development. [Built In NYC]
Unit snagged $100M. After raising a $100 million Series C round, Unit, a banking-as-a-service startup, reached a $1.2 billion valuation. The round, led by Insight Partners, follows Unit’s $51 million Series B raise announced last June. [TechCrunch]
Fetcher pulled in $27M. Recruiting automation platform Fetcher pulled in $27 million in a Series B funding round led by Tola Capital. The company plans to use the funds to expand its product offerings in creating candidate pipelines for talent acquisition teams, along with providing outreach and diversity analytics. [PR Newswire]
Sustain.Life secured $16M. With a focus on helping small-to-medium-sized businesses monitor their carbon footprints, Sustain.Life secured $16 million in seed funding from Tapestry VC and Sustain.Life co-founder Mike Hanrahan. The startup plans to use its fresh funds to scale its current product offerings and build out its customer base. [Built In NYC]
HowGood raised a $12.5M seed round. Greentech SaaS platform HowGood raised $12.5 million last week in a seed funding round led by Titan Grove. The startup’s technology allows food brands and retailers to view the environmental impact of using a particular ingredient. With the raise, HowGood plans to triple its team size and expand its database offerings. [VentureBeat]
RAIN pulled in $11M. RAIN, a producer of artificial intelligence-backed voice assistant technology, pulled in $11 million in funding from Valor Capital, McLarty Diversified Holdings and Burch Creative Capital. The raise brings the startup’s total funding to $15 million. RAIN plans to use its fresh funds to build voice-first products for deskless workers. [New Mediawire]
Oviva Therapeutics raked in $11.5M. Fueled by a mission to slow ovarian aging and focus on women’s health, Oviva Therapeutics raked in $11.5 million in a seed funding round from Cambrian BioPharma. With its recent raise, the startup plans to submit an investigational new drug application to the Food and Drug Administration. If and when approved, the startup will be allowed to administer its first hormone-backed, therapeutic program that focuses on ovarian aging. [Built In NYC]
