The NYC tech scene had an abundance of news over the past week from Ledger Investing’s $75 million Series B raise to a new startup teaching non-tech workers about data modeling. Read up on the latest NYC tech news. This is the Built In NYC Weekly Refresh.
Ledger Investing’s plan to hire 200. Ledger Investing is an insurance securitization platform that packages different assets for people to invest in. The company raised $75 million in a Series B round and will work on expanding its platform and investment offerings. Ledger will also use some of the funds to hire 200 new employees. [Built In NYC]
Odell Beckham Jr. invested in Kasheesh. Kasheesh is an online split payment platform that operates similar to splitting the bill between cards at a restaurant. It allows consumers to divide online payments across multiple cards. The startup launched out of stealth with $5.5 million in seed funding. One of the investors in this round was NFL star Odell Beckham Jr. With the funding, Kasheesh is looking to double its current 10-person team and focus on bringing in engineering and customer success talent. [Built In NYC]
Rokt hired a former Amazon executive. E-commerce platform Rokt appointed Bill Barton as the company’s chief product and engineering officer. Barton was a former executive at Amazon and has also worked at Nokia and Microsoft. He comes with a bevy of experience in advertising, multimedia communications and wireless systems. Barton previously spent over 10 years building and overseeing the Amazon Alexa project. In addition to this new hire, Rokt currently has several open rols listed on Built In. [PR Newswire]
NYC TECH QUOTE OF THE WEEK
Nibble Health raised $8.5M. Nibble Health wants to help employees pay off their medical bills. Its platform, which is provided to employees as a benefit from their employer, splits medical bills into multiple zero-interest payments similar to other buy now, pay later startups. Nibble also offers a payment card to workers that can be used to pay for out-of-pocket medical expenses. [Built In NYC]
Decipad was highlighted in the Future 5 series. NYC-based Decipad is well aware of the tech worker shortage, and to aid workers, it uses its no-code platform to teach individuals about data modeling. According to the company, it breaks downs technical lingo for people who might not have experience with coding. The company currently employs 10 people, but with $5 million raised in funds earlier this year, it is looking to scale. [Built In NYC]
Braze hired a new chief marketing officer. Braze, a customer engagement platform that helps companies connect with customers, appointed Astha Malik as its new CMO. Malik has over 20 years of experience and previously served as the chief operating officer at VTEX. Malik also serves on the board of several tech companies. Braze is currently hiring for over a hundred roles on Built In. [Braze]
