New York/ Retail & Industry
Published on March 20, 2019
Smart dog collar maker Fi raises $7 million, plus more local investmentsPhoto: Fi/Facebook

New York-based pet company Fi has secured $7 million in Series A funding, according to company database Crunchbase, topping the city’s recent funding headlines. The cash infusion was announced March 14 and led by RRE Ventures.

According to its Crunchbase profile, the company develops "next generation" smart dog collars.

The two-year-old startup also raised a $3 million seed round in 2017.

The round brings total funding raised by New York companies in information technology over the past month to $135 million. The local information technology industry has seen 240 funding rounds over the past year, raking in a total of $4.5 billion in venture funding.

In other local funding news, the brand loyalty platform Perksy announced a non equity assistance funding round on Feb. 26, financed by New York Fashion Tech Lab.

According to Crunchbase, "Perksy is a consumer insights platform that rewards users for giving opinions and feedback to brands. It provides innovative marketing solutions for brands by bridging the gap between company and consumer, building products that give rise to brand growth, improvement and customer satisfaction."

Founded in 2015, the company has raised two previous rounds, including a $4 million seed round earlier this year.

Meanwhile, health communication company Klara raised funding, announced on March 12. The round was financed by Stage 2 Capital.

From the company's Crunchbase profile, "Klara is a medical communication platform that improves collaboration, profitability and patient outcomes in the healthcare industry. Klara was founded in 2013 with the mission to change the broken healthcare experience by directly connecting doctors and patients through technology. Klara’s secure and HIPAA-compliant medical messaging platform allows practices to centralize all their medical communication in one simple and secure app."

Klara last raised $11 million in Series A funding in 2018.

Also of note, biotechnology company Owkin raised Series A funding, announced on March 7 and led by F-Prime Capital Partners.

From Crunchbase, "OWKIN is an artificial intelligence startup that uses machine learning to augment medical and biology research. Our proprietary platform, OWKIN Socrates, uses machine learning technology to integrate biomedical images, genomics and clinical data to discover biomarkers and mechanisms associated with diseases and treatment outcomes."

The company previously raised $5 million in Series A funding in 2018.

Rounding out the city's recent top local funding events, children's meal producer Kidfresh raised Series C funding, announced on Feb. 19 and led by AccelFoods.

From Crunchbase, "Kidfresh provides top nutrition with no artificial colors or flavors to kids. Kidfresh is now offering a line of six healthy kids’ meals — all-natural, frozen meals for kids sold in the US at retailers such as Whole Foods, Shaws, ShopRite and a growing list of other supermarkets."

The company previously raised $10 million in Series B funding in 2017.


This story was created automatically using local investment data, then reviewed by an editor. Click here for more about what we're doing. Got thoughts? Go here to share your feedback.