Funds were pouring in and big moves were made in NYC’s tech scene last week. Read on to see what you may have missed. This is the Built In NYC Weekly Refresh.
NYC tech companies were featured on the Inc. 5000 list. Inc.’s list of the 5,000 fastest-growing companies was released last week. Of the 280 NYC-based companies on the list, these five tech companies had the highest percentage revenue growth between 2018 and 2021. [Built In NYC]
HiBob raised $150M. Tech-fueled HR management platform HiBob raised $150 million last week in its Series D funding round led by General Atlantic, taking the company’s valuation to $2.45 billion. The company raised $150 million just 10 months ago, which it used to add more than 370 new hires to its global offices since Q4 of 2021. With its new capital the company expects to “capitalize on significant business momentum” and help organizations retain the best talent amid hiring slowdowns. [Built In NYC]
Fora raked in $13.5M. NYC-based Fora is on a mission to onboard and train aspiring travel agents with its tech-fueled platform. With its fresh funds, Fora is investing in its client and booking management system for travel agents. Additional use of funds will go toward furthering its marketing and business development and building training programs for its travel agents. Fora will also be expanding its hotel database and hiring for its engineering and marketing teams. [Built In NYC]
NYC Tech Quote Of The Week
Dr. B pulled in $8M. Healthtech veteran Cyrus Massoumi, the founder of health care appointment booking platform Zocdoc, pulled in capital for his new startup Dr.B last week. The platform allows users to receive low-cost telehealth visits, along with low- to no-cost prescription medications for eligible users. With its new capital, Dr. B will focus on expanding its services beyond the 30 U.S. states it currently serves. [Built In NYC]
Octane secured a $375M securitization investment. Octane’s fintech platform helps organizations make business purchases by showing them their financing options and how the purchase may impact an organization's credit, without doing a hard credit pull. [Octane]
Gomorrah was featured in Built In NYC’s Future 5 series. Gomorrah is on a mission to revolutionize the clothing industry with its compostable clothing line. The NYC-based company uses organic cotton, non-toxic dyes and makes their buttons from the endosperm of seeds, which eliminates the use of plastic in their designs. [Built In NYC]
Happy Viking raised $2M. Happy Viking, a plant-based meal substitute startup founded by tennis star Venus Williams, pulled in $2 million last week. Participants in the round included her sister Serena Williams. Additional funds came in from big-name athletes and celebrities: Kevin Durant and Rich Kleiman’s Thirty Five Ventures, Peloton’s VP of Fitness Programming Robin Arzón and professional golfer Michelle Wie West. [Built In NYC]
