New York's software industry is on a roll with investors, with 27 local companies securing venture capital. New funding rounds were recently announced by software firms Payfone, Unqork, Jumprope and ESHQ, according to company database Crunchbase.
Payfone topped the city's recent funding headlines by announcing a $24 million Series G round on April 17, led by TransUnion.
According to its Crunchbase profile, "Payfone is a mobile and digital identity authentication solutions provider for businesses. Payfone provides identity certainty, the ability to validate customers to create easy, secure and frictionless experiences across PC's, mobile phones, and tablets and allows enterprises to deliver fast, frictionless, and fraud-free customer experiences to over 90% of customers. Payfone closes the gap in trust and delivers a real-time proprietary."
The 11-year-old company has raised eight previous funding rounds, including a $23 million Series F round in 2018.
Next up, Unqork raised $22 million in Series A funding, in a round announced on April 18 and led by Goldman Sachs Principal Strategic Investments.
According to Crunchbase, "Unqork is the No-Code Platform for Financial Services & Insurance. They work with financial services and insurance companies to radically accelerate client acquisition and onboarding."
The company also raised a $5.1 million seed round in 2018.
Meanwhile, Jumprope raised $4.5 million in seed funding, announced on April 17. The round's investors were led by Lightspeed Venture Partners.
From the company's Crunchbase profile, "We’re unlocking knowledge so the world can learn how it’s done. We all have passions: quilt making, vegan cooking, theatrical makeup, rock climbing. And things we need to get done: thermostats to install, tail lights to fix, cat-eye makeup to apply."
Jumprope last raised $3.9 million in seed funding in 2018.
Also of note, dating company ESHQ raised pre-seed funding, announced on April 19 and led by Jackson Moses.
From Crunchbase, "ESHQ is the first groundbreaking relationship app that sets the stage for Muslim women to make the first approach in meeting someone. Once there's a match, women have 48 hours to send the first message. ESHQ delivers a seamless combination of beauty and cutting-edge technology that not only creates meaningful connections, but allows for real time communication."
The company previously raised pre-seed funding in 2018.
Across the industry, New York-based software companies have raised $645 million in venture funding over the past month, and $8.4 billion over the past year.
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