ClassPass Acquired, Mulberry Raised $22M, and More NYC Tech News

Here’s what you may have missed in the world of NYC tech.

Written by Delilah Alvarado
Published on Oct. 18, 2021
Photo:Mulberry
Photo: Mulberry

New York City continues to make strides in tech, with several funding rounds and new partnerships announced last week. Keep reading to find out what’s next for these companies. This is the Built In NYC weekly refresh.

ClassPass and MindBody join forces. Studio management software MindBody has acquired ClassPass in an all-stock deal. According to Class Pass CEO Fritz Lanman, the partnership will “unlock new revenue opportunities” for its customers and create a more “seamless” experience for its users. The company currently has a few roles open in NYC. [Built In NYC]

BondVet brought in $170M. The recent funding round led by Warburg Pincus will expand BondVet nationally and grow its team. The company has become well known for its affordability, telehealth services and modern aesthetic. BondVet is currently hiring for positions in New York. [Built In NYC]

NEW YORK TECH QUOTE OF THE WEEK

“We’re thrilled with this new investment because it will help us execute on our vision to transform the product protection experience for both shoppers and retailers. ... We want to make product protection available to all consumers by offering affordable protection wherever they shop online and delivering a great experience from purchase to claim.” — Chinedu Eleanya, Mulberry CEO and co-founder

Mulberry gained $22M. The product protection platform closed a $22 million Series B funding round which will be used to scale the company’s engineering and customer experience teams. The funding round was led by Commerce Ventures. [Mulberry]

Hibob pulled in $150M. The latest funding round will be used to expand the human resource management company globally. Hibob is currently going through a hiring spree with open tech positions located around the world, including several at its offices in NYC, London and Amsterdam. [Built In NYC]

Alviere raised $70M. Finance startup Alverie partners with brands to offer their customers an array of financial products and services. The company raised $20 million in April and six months later closed on an additional $50 million. These funds will be used to expand into Europe and Latin America. Alverie has raised $90 million since 2017. [TechCrunch]

Dataminr acquired Krizo. Information discovery platform Dataminr is acquiring Krizo, a  crisis response platform, to integrate with Dataminr Pulse. The two companies will come together to provide an efficient real-time crisis management system. Dataminr is currently hiring for various roles around the world. [Dataminr]

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