2018 picked up right where 2017 left off with a strong opening month of funding for NYC-based startups. Below, Ignitia recaps five of the largest rounds from January.
Ollie – $15M
Round: Series A
Industry: Real Estate
Investors: 3 – Aviva Investors, The Moinian Group, Texas Employees Retirement System
Company: Founded in 2012, Ollie provides fully furnished luxury co-living studio apartments. These rooms include hotel-styled services such as a weekly a cleaning, regular replenishment of bathing amenities, high speed wifi, and premium cable. Ollie is currently in five U.S. cities, including New York, Pittsburgh, Los Angeles, Jersey City, and Boston and is looking to expand further. To date, Ollie has closed $15 million after their first round of funding.
CareDox – $16M
Round: Series B
Industry: Education, Health Care
Investors: 6 – AI Life Sciences Investments, 7wire Ventures, Digitalis Ventures, Prolog Ventures, StartUp Health, Wanxiang Healthcare Investments
Company: Founded in 2010, CareDox leverages data collected by the nation’s largest health delivery system: the K-12 public school system. CareDox seamlessly provides HIPAA compliant digital records from a child’s doctor to the school. Such information as allergies and immunizations assists school nurses in caring for individual students. CareDox is already being used at over 4,000 public schools and growing. To date, CareDox has raised $32.6 million after eight rounds of funding.
Visible Alpha – $38M
Round: Venture Round
Industry: FinTech, Analytics, Big Data
Investors: 8 – BNP Paribas, Banco Santander, Bank of America, Goldman Sachs, Macquarie Group, Royal Bank of Canada, Santander InnoVentures, Wells Fargo & Company
Company: Founded in 2012, Visible Alpha has developed a proprietary set of financial tools that allow analysts and investors to view their data in never before seen ways. The new platform promises to provide analysts insights of forecasts in ways never before possible . To date, Visible Alpha has already seen investments from Goldman Sachs, Bank of America, Citi, Morgan Stanley, UBS, and Wells Fargo just to name a few. Visible Alpha has raised $38 million after one round of funding.
Quartet – $40M
Round: Series C
Industry: Healthcare, Information Technology
Investors: 5 – Deerfield Capital Management, F-Prime Capital Partners, GV, Oak HC/FT, Polaris Partners
Company: Founded in 2014, Quartet helps connect patients and mental health professionals. By bringing the quartet of parties together – patients, clinicians, health care providers, and payers – Quartet aims to streamline the patient care process while lowering costs. To date, Quartet has raised $87 million from three rounds of funding.
MoneyLion – $42M
Round: Series B
Industry: FinTech, AI
Investors: 5 – DHVC (Danhua Capital), Edison Partners, FinTech Collective, Greenspring Associates, Grupo SURA
Company: Founded in 2013, MoneyLion is a platform targeted at providing financial advice and guidance to the middle class. By connecting your banking information and credit cards, MoneyLion monitors your spending habits and provides advice based on your specific circumstances and needs. As of today, over 1 million people are currently using MoneyLion. To date, MoneyLion has raised $67.5 million from four rounds of funding.