"With so much going on in the city's thriving ecosystem, it is easy to miss some of the happenings in the space. We keep you abreast of the things that you may have missed in NYC Tech News for the week ending 8/30 including the NYC startup fundings, NYC startup exits, and NYC startup events featuring news for Rain, InstaLILY AI, AI Optics, Boost My School, Nauta, and much, much more."
"InstaLILY AI - $25M Series A AI/Enterprise InstaLILY AI, a platform for domain-trained AI agents for heavy and regulated industries, has raised $25M in Series A funding led by Insight Partners. Founded by Amit Shah and Sumantro Das in 2023, InstaLILY AI is revolutionizing how enterprises deploy AI in complex regulatory environments. AI Optics - $14.7M Funding Round Healthcare/AI AI Optics, an AI-powered diagnostic screening platform for vision loss conditions, has raised $14.7M in funding according to a recent SEC filing."
Multiple NYC startups secured funding across cryptocurrency infrastructure, enterprise AI, healthcare AI, education fundraising, and logistics. Rain raised $58M in a Series B led by Sapphire Ventures, bringing reported funding to $82.5M. InstaLILY AI raised $25M in a Series A led by Insight Partners to deploy domain-trained AI agents for heavy, regulated industries. AI Optics raised $14.7M from ninety-two investors for an AI diagnostic screening platform addressing vision loss, totaling $14.8M reported. Boost My School raised $10M led by High Alpha for K-12 fundraising, and Nauta raised $7M Seed for AI logistics orchestration.
Read at Alleywatch
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