The latest venture capital, seed, pre-seed, and angel deals for NYC startups for the week ending July 12, 2025 featuring funding details for Moment, INSHUR, Nominal, and much more. This report covers the week’s most significant funding announcements in the NYC tech ecosystem.
Moment – $36M Series B
FinTech
Moment, a platform for automating trading and portfolio management workflows for fixed income teams, has raised $36M in Series B funding led by Index Ventures. Founded by Dean Hathout and Dylan Parker in 2022, Moment has now raised a total of $56M in reported equity funding.
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INSHUR – $35M Venture
InsurTech
INSHUR, a provider of commercial auto insurance for the rideshare industry, has raised $35M in Venture funding led by Trinity Capital. INSHUR was founded by Dan Bratshpis, David Daiches, Mathew Donfrancesco, Matthew Tomlinson, and Richard Anderson in 2016.
AlleyWatch broke the news in an exclusive covering the round and much more – INSHUR on Demand Economy Insurance Embedded Commercial Auto Rideshare Delivery Autonomous Dan Bratshpis.
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Nominal – $20M Series A
AI/ERP
Nominal, an AI-native ERP platform, has raised $20M in Series A funding led by Next47. Founded by Golan Kopichinsky and Guy Leibovitz in 2023, Nominal has now raised a total of $30M in reported equity funding.
Mending – $17.9M Funding
AI Development
Mending, a generative development studio for AI, has raised $17.9M in funding according to a recent SEC filing. The filing indicates that the total offering is for $29.5M and there were eleven investors in this close. Mending was founded by Frank Wu and Jeff Yuan in 2021.
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Ekho Dealer – $15M Series A
Automotive Tech
Ekho Dealer, an end-to-end commerce platform for automobile dealers, has raised $15M in Series A funding led by Activant Capital. Founded by Christopher Howard and Rowan Mockler in 2022, Ekho Dealer has now raised a total of $17.3M in reported equity funding.
Castellum.AI – $8.5M Series A
FinTech/Compliance
Castellum.AI, a financial crime prevention and compliance platform, has raised $8.5M in Series A funding led by Curql. Founded by Julian Vasilkoski and Peter Piatetsky in 2019, Castellum.AI has now raised a total of $12.9M in reported equity funding.
AlleyWatch broke the news in an exclusive covering the round and much more – Castellum AI Financial Crime Compliance AML KYC AI Agents Platform Peter Piatetsky.
Ryft – $8M Seed
Data Infrastructure
Ryft, a next-gen data infrastructure startup, has raised $8M in Seed funding led by Index Ventures. Ryft was founded by Yossi Reitblat, Yuval Yogev, and Guy Gadon in 2024.
Fantasy Life – $7M Seed
Sports/Media
Fantasy Life, the fantasy football content platform, has raised $7M in Seed funding led by SC.Holdings and LRMR Ventures. Fantasy Life was founded by Matthew Berry in 2022.
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Subtotal – $6.6M Funding
Retail Tech
Subtotal, an API-based retail account linking and purchase tracking platform, has raised $6.6M in funding according to a recent SEC filing. The filing indicates that the total offering is for $8.6M and there were forty-eight investors in this close. Subtotal was founded by Cole Wilkes and Jordan Hensley in 2024.
Parter – $5.5M Seed
AI/Hardware
Parter, an AI-powered platform focused on helping hardware teams manage data, suppliers, and risk, has raised $5.5M in Seed funding led by StageOne Ventures. Parter was founded by Asaf Israelit, Omer Gilat, and Ronen Hoffer in 2024.
East River Source Control – $5M Funding
Developer Tools
East River Source Control, a newly-formed company that makes the Jujutsu version control system more usable for teams and companies, has raised $5M in funding according to a recent SEC filing. The filing indicates that the round comes from four investors. East River Source Control was founded by Benjamin Brittain in 2025.
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Andus Labs – $3.2M Funding
AI Development
Andus Labs, a generative development studio for AI, has raised $3.2M in funding according to a recent SEC filing. The filing indicates that the total offering is for $3.5M and there were seventeen investors in this close. Andus Labs was founded by Chris Perry in 2025.
Exodys Energy – $2.4M Funding
CleanTech
Exodys Energy, a developer of closed-loop nuclear systems to recycle used nuclear fuel, has raised $2.4M in funding according to a recent SEC filing. The filing does not indicate a total offering amount and indicates that there were four investors in this close. Exodys Energy was founded by Viola Aureggi and Ed Pheil in 2022.
Points Path – $792K Funding
Travel Tech
Points Path, a browser extension for minimizing flight costs for Google Flights, has raised $792K in funding according to a recent SEC filing. The filing indicates that the total offering is for $1M and there were eight investors in this close. Founded by Julian Kheel in 2023, Points Path has now raised a total of $1.055M in reported equity funding.