New York-based local company Signpost has secured $52 million in Series D funding, according to company database Crunchbase, topping the city’s recent funding headlines. The cash infusion was announced July 9 and led by HighBar Partners.
According to its Crunchbase profile, "Signpost provides powerful marketing automation technology to local businesses to get better reviews and increase their revenue. Powered by automated data collection and marketing, Signpost has driven 5-star reviews, referrals and repeat business for over 20,000 local businesses across a diverse set of industry verticals. As one of Forbes 'Most Promising Companies' Signpost prides itself on a nearly perfect customer retention rate thanks to an industry-leading customer experience team."
The ten-year-old company has raised six previous funding rounds, including a $20 million Series C round in 2015.
The round brings total funding raised by New York companies in information technology over the past month to $250 million. The local information technology industry has produced 253 funding rounds over the past year, securing a total of $4.9 billion in venture funding.
In other local funding news, supply chain management company Anvyl announced a $9.3 million Series A funding round on July 10, led by Redpoint.
According to Crunchbase, "Anvyl strives to create radical supply chain transparency by digitizing what has historically been an analog process and using data and analytics to make less expensive, higher-quality products. We exist to allow anyone anywhere to produce the products they want to see in the world. Anvyl is a supply chain technology platform that provides visibility into the manufacturing process and streamlines relationships between reputable brands and world-class manufacturers."
Founded in 2017, the company has raised two previous rounds, including a non equity assistance round in 2017.
Meanwhile, robotics company Avvir raised $2.5 million in seed funding, announced on July 11. The round's investors were led by Khosla Ventures.
From the company's Crunchbase profile, "Avvir unleashes the latent potential of BIM technology by finally closing the feedback loop and keeping building models continuously up-to-date. This enables construction teams to closely monitor progress and catch mistakes before major rework is required. We achieve this by automating the processes around data acquisition, visualization and analysis, so that BIM updates can be made in hours rather than weeks."
Avvir last raised seed funding earlier this year.
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