New York-based women's and impact investing company Ellevest has secured $33 million in Series A funding, according to company database Crunchbase, topping the city’s recent funding headlines. The cash infusion was announced March 11 and led by PSP Growth.
According to its Crunchbase profile, "We're redefining investing for women, and you're so invited. We’re on a mission to close the gender-investing gap. Join the movement and get in financial control today."
The four-year-old startup has raised two previous funding rounds, including a $34 million Series A round in 2017.
The round brings total funding raised by New York companies in financial services over the past month to $266 million. The local financial services industry has seen 278 funding rounds over the past year, raking in a total of $9.2 billion in venture funding.
In other local funding news, banking company Novo announced a $4.8 million seed funding round on March 29, led by Crosslink Capital.
According to Crunchbase, "Novo is a modern banking platform that gives business owners the technology they need while getting partner banks the customers they want. Backed by a network of FDIC-insured community banks, Novo extends its banking products directly to consumers with a focus on transparency and user experience. Initially, Novo-branded banking products will be launching in the depository space and expanding to more profitable segments in 2018."
The company also raised a $1 million convertible note round in 2017.
Meanwhile, artificial intelligence company Satisfi Labs raised $4.6 million in Series A funding, announced on March 28. The round's investors were led by Red Light Management.
From the company's Crunchbase profile, "Satisfi Labs is a conversational AI platform for retailers, sports venues, attractions, and live events. Its platform, the Answer Engine, powers chatbots, voice experiences, messaging apps, and website forums to provide an answer to all customer questions in real time. It creates unique customer experiences for leaders in sports, entertainment, tourism, and retail."
Satisfi Labs last raised $1.4 million in seed funding in 2018.
Also of note, coworking company Betaworks Studios raised $4.4 million in seed funding, announced on March 29 and led by JLL Spark.
From Crunchbase, "Betaworks Studios is a new membership club for individuals looking to make a dent in the universe. Studios is your space to meet, scheme, get advice, collaborate, do a little bit of work, attend events, and host events. For 10 years betaworks has been working and networking—building companies, running accelerators, investing in talent—and now we've opened our doors and invite you to join us."
The company previously raised $3.4 million in pre-seed funding in 2018.
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