New York-based commercial real estate company Bowery Valuation has secured $8 million in funding, according to company database Crunchbase, topping the city’s recent funding headlines. The cash infusion was announced Oct. 24 and financed by The Lightstone Group.

According to its Crunchbase profile, "Bowery powers its appraisers with a cloud-based commercial appraisal writing software and mobile application, allowing them to write full appraisal reports more than twice as fast as its leading competitors."

The four-year-old startup has raised three previous funding rounds, including a $12 million Series A round earlier this year.

The round brings total funding raised by New York companies in software over the past month to $295 million. The local software industry has produced 544 funding rounds over the past year, securing a total of $7.5 billion in venture funding.

In other local funding news, computer company Scala Computing announced a $5 million Series A funding round on Oct. 24, financed by HardHill Trust.

According to Crunchbase, "Scala Computing is a venture-backed high-performance computing software vendor enabling the deployment of large-scale high-performance computing (HPC) environments in the cloud. Scala Computing's mission is to simplify and optimize cloud HPC and, in doing so, enable more organizations and enterprises to leverage the potential of Big Compute."

Founded in 2015, the company has raised three previous rounds, including a $1.5 million round in 2018.

Meanwhile, project management and document management company Taskade raised $5 million in seed funding, announced on Oct. 24.

From the company's Crunchbase profile: "Taskade is the unified workspace for distributed teams. Automate your workflows, chat with your team and get work done, in one simple and elegant tool. Taskade is cross-platform and syncs in real-time on all devices — Web, iOS, Android, Chrome, Firefox, Mac and PC."

Taskade last raised $150,000 in seed funding earlier this year.

Also of note, leisure and event management company Confetti raised $2.1 million in seed funding, announced on Oct. 23 and financed by Correlation Ventures.

From Crunchbase: "Find and book corporate events and activities that match you company's culture, goals and budget. Simple booking. Fun guaranteed."

The company previously raised $100,000 in seed funding earlier this year.

Rounding out the city's recent top local funding events, retail technology company Oakscale raised $1.2 million in seed funding, announced on Oct. 24 and led by Brett Barna.

From Crunchbase: "Oakscale is a tech-enabled franchise development agency that rapidly grows high-potential franchise brands. We're an experienced team of franchise development experts who understand what it takes to take a thriving, proven business and scale it nationally (and even internationally) to hundreds of locations via franchising."

The company previously raised seed funding in 2018.

---

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.