NYC startups raised funding last week to help renters become homeowners, expand access to abortion medication and provide banking products to small businesses. Keep reading to catch up on the news you may have missed. This is the Built In NYC Weekly Refresh.
NorthOne gained $67M. The NYC fintech startup helps small businesses with banking products, such as online payments, ATM access, debit cards and checking accounts. This Series B fund will help the company develop new products and add new integrations to its platform. [Built In NYC]
Banyan landed $43M. Over the last three years, this NYC startup has built the world’s largest network of purchase data about individual inventory items, or stock-keeping units. Banyan’s platform can integrate this data to create expense management reports or drive customer rewards programs targeted to specific products. The Series A round consists of $28 million in equity and $15 million in venture debt. [PR Newswire]
Landis pulled in $40M. Landis helps prospective first-time homebuyers by purchasing a home on their behalf, renting it to them for up to two years and putting a portion of that rent money toward a down payment fund. Once the user has reached their financial goals, they can purchase the home from Landis and start making monthly mortgage payments. The company also coaches users as they work toward saving for a down payment and improving their credit history. [Built In NYC]
NYC Tech Quote of the Week
Hey Jane bagged $6.1M. Hey Jane is a telehealth platform that mails abortion medication to its patients who are less than 10 weeks into their pregnancy. The company currently serves patients in eight states but plans to use its fresh capital to expand select services to all 50 states by the end of next year. The company will also expand its services to treat conditions such as postpartum depression and anxiety. [Built In NYC]
TheGuarantors shared its growth strategy. Fintech platform TheGuarantors offers financial tools for renters and real estate operators. Since launching in 2015, the company has grown to more than 200 employees across eight countries. Built In spoke with Karin Wilkins, the company’s vice president of people and culture, about how TheGuarantors plans to grow its team amidst economic uncertainty. The company is actively hiring across several teams. [Built In NYC]
Zipari named a new CEO. Zipari founder and CEO Mark Nathan will step down from his position and hand over the reins to Tabatha Erck, who has been promoted from the role of president. Zipari is the developer of consumer experience technology for healthcare payers. The company was acquired by Thoma Bravo in 2020. Zipari is currently hiring. [Business Wire]
