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The AlleyWatch Startup Daily Funding Report: 4/8/2024

The latest venture capital, seed, pre-seed, and angel deals for NYC startups for 4/8/2024 featuring Funding details for Summer, Grow Therapy, and much more. This page will be updated throughout the day to reflect any new fundings.


Summer – $9M

Summer, a workplace student loan benefits platform, has Raised $9M in additional funding led by SemperVirens Venture Capital and Rebalance Capital. Founded by Paul Joo, Vincent Tran, and Will Sealy in 2017, Summer has now raised a total of $29.1M in Reported Equity Funding.


Grow Therapy – $88M

Grow Therapy, a integrated mental telehealth platform that connects providers, patients, and payors, has raised $88M in Series C funding led by Sequoia Capital. Founded by Alan Ni and Jake Cooper in 2020, Grow Therapy has now raised a total of $148M in reported equity funding.


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Clerq – $7.7M

Clerq, a low-cost business payments platform, has raised $7.7M in funding according to a recent SEC filing. The filing indicates that the round comes from fifteen investors and lists Adam Mark from Firstmark as a Director. Clerq was founded by Ben Markowitz, Truett Dwyer, and Anuj Bhatt in 2022.


Alaffia Health – $10.9M

Alaffia Health, an automated healthcare claims review platform, has raised $10.9M in funding according to a recent SEC filing. The filing indicates that the round comes from nine investors. Founded by Adun Akanni and TJ Ademiluyi in 2020, Alaffia Health has now raised a total of $17.5M in reported equity funding.


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Beam – $4.6M

Beam, a college financial assistance administration platform, has raised $4.6M in funding according to a recent SEC filing. The filing indicates that the round is structured as a convertible note, the total offering is for $6M, and there were seven investors in this close. Founded by David Helene in 2016, Beam has now raised a total of $15M in reported equity funding.


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This post first appeared on AlleyWatch - The Pulse Of NYC Startups And Tech, please read the originial post: here

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The AlleyWatch Startup Daily Funding Report: 4/8/2024

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