Nominal Raises $9.2M to Automate Accounting Workflows with Generative AI and Modernize ERP
AlleyWatch - The Pulse of NYC Startups and Tech
by AlleyWatch
2d ago
Enterprise resource planning (ERP) systems are the heartbeat of many companies that centralize the core business processes across an organization, handling various functions like finance HR, supply chain, inventory, service, procurement, etc.   However, the legacy ERPs, which were mostly designed in the early 2000s, are beginning to show signs of age and are unable to keep up with the complex demands of today’s businesses.  Nominal seeks to modernize the ERP system with its platform that uses generative AI to transform business logic into accounting workflows. The platform creat ..read more
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The Weekly Notable Startup Funding Report: 3/25/24
AlleyWatch - The Pulse of NYC Startups and Tech
by AlleyWatch
4d ago
The Weekly Notable Startup Funding Report takes us on a trip across various ecosystems in the US, highlighting some of the notable funding activity in the various markets that we track. The notable startup funding rounds for the week ending 3/23/24 featuring funding details for Loyal, Pandion, and seven other deals representing $417M in new funding that you need to know about. AmpUp – $277K Santa Clara-based AmpUp is an electric vehicle (EV) charging company that enables drivers, hosts, and fleets to charge stress-free. Founded by Thomas Sun and Tim Gavrilovic in 2018, AmpUp has now raised a t ..read more
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Louisa Raises $5M to Connect Artificial Intelligence to Human Intelligence within Organizations to Drive Sales
AlleyWatch - The Pulse of NYC Startups and Tech
by AlleyWatch
1w ago
People are an organization’s most valuable asset. Their knowledge and skills are what drive a company forward.  As organizations scale, they build internal knowledge bases to serve as central repositories for data, documentation, and basic information on processes and protocols.  Louisa is an AI-powered knowledge engine for understanding employee capabilities and their networks within an organization.  Initially focused on the deal side of the finance industry, covering banking, venture, management consulting, private equity, etc., the platform is event-driven, tracking client a ..read more
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Sealed Raises $30M to Streamline the Rebate Process for Contractors that Electrify and Weatherize Homes
AlleyWatch - The Pulse of NYC Startups and Tech
by AlleyWatch
1w ago
Weatherization coupled with electrification is one of the best mechanisms for reducing a home’s carbon footprint, decreasing cost of ownership, and lowering total energy demand on the grid.  The Inflation Reduction Act significantly incentivizes households to improve their energy efficiency.   Sealed is an energy efficiency startup that works directly with contractors to provide them with the data, planning, and financing capabilities to optimize their operations in supporting this transition to a carbon-less future.  While the Inflation Reduction Act provides billions in i ..read more
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The Weekly Notable Startup Funding Report: 3/18/24
AlleyWatch - The Pulse of NYC Startups and Tech
by AlleyWatch
1w ago
The Weekly Notable Startup Funding Report takes us on a trip across various ecosystems in the US, highlighting some of the notable funding activity in the various markets that we track. The notable startup funding rounds for the week ending 3/16/24 featuring funding details for Omni, Proscia, and seventeen other deals representing $757M in new funding that you need to know about. Sealed – $30.0M New York-based Sealed is a residential energy efficiency startup that designs, manages, and finances home weatherization and electrification projects. Founded by Andy Frank, Lauren Salz, and Paul Gilke ..read more
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Harness Wealth Raises $17M for its Tax Planning and Wealth Management Marketplace
AlleyWatch - The Pulse of NYC Startups and Tech
by AlleyWatch
2w ago
The vast majority of individuals make their livings from wages, salaries, or other forms of labor compensation.  However, this has changed as our perspective on work and how to earn income evolves. Harness Wealth is an accessible digital wealth management solution and tax planning platform launched for the needs of builders.  The digital platform is a hub that focuses on financial, tax, and estate planning and connects clients with a growing roster of vetted professionals and advisory firms. Advisors on Harness are offered software to streamline practice management, an in-house conci ..read more
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Pronto Housing Raises $3M to Address the Affordable Housing Crisis by Streamlining the Process for Both Renters and Property Owners
AlleyWatch - The Pulse of NYC Startups and Tech
by AlleyWatch
2w ago
12M tenants in the United States are paying more than 50% of their income on housing costs.  Millions more are housing insecure.  While median rents have increased 23% since the start of the pandemic, inflation-adjusted have only increased 1.7%.  This is creating an acute housing crisis and all levels of government are looking to expand access to affordable housing while attracting more private affordable housing investment.  Pronto Housing is a software platform for property owners and managers to manage the initial qualification process for affordable housing and the subs ..read more
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Intenseye Raises $64M to Make the Workplace Safer with Computer Vision for Millions of Workers Worldwide
AlleyWatch - The Pulse of NYC Startups and Tech
by AlleyWatch
2w ago
It’s been said that we are currently in the Fourth Industrial Revolution or Industry 4.0 where technological advancements are fundamentally changing the way we live, work, and interact with one another. As we enter a new era of automation,  organizations are adopting new safety and health measures to keep industrial workforces, powered by emerging technologies.  Intenseye is a workplace safety platform that leverages compute vision to provide near real-time insights into hazards. Integrating with a company’s existing camera systems, the platform offers a seamless solution to minimize ..read more
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The 14 Largest US Funding Rounds of February 2024
AlleyWatch - The Pulse of NYC Startups and Tech
by AlleyVoice
2w ago
Armed with some data from our friends at CrunchBase, I broke down the largest US startup funding rounds from February 2024. I have included some additional information such as industry, company description, round type, founders, and total equity funding raised to further the analysis. An Exclusive Program For a very innovative community Welcome to PropelME, an exclusive program meticulously crafted for qualified companies navigating the dynamic broadcast, media and entertainment entrepreneurial landscape. Our program offers a unique fusion of year-round online community engagement and immersi ..read more
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The Weekly Notable Startup Funding Report: 3/11/24
AlleyWatch - The Pulse of NYC Startups and Tech
by AlleyWatch
2w ago
The Weekly Notable Startup Funding Report takes us on a trip across various ecosystems in the US, highlighting some of the notable funding activity in the various markets that we track. The notable startup funding rounds for the week ending 3/9/24 featuring funding details for Dtex Systems, Synctera, and thirteen other deals representing $613M in new funding that you need to know about. Axonius – $200.0M New York-based Axonius is an asset inventory management platform that focuses on cybersecurity solutions and policies. Founded by Avidor Bartov, Dean Sysman, and Ofri Shur in 2017, Axonius has ..read more
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