6/21/18 – Your dose of market news on startups, investments and much more.
Fabric, a NY-based insurtech startup whose platform delivers affordable life insurance to new parents, has raised a $10M Series A led by Bessemer Venture Partners. Additional participants included SVB and RGAx. Fabric was founded in 2015 by Adam Erlebacher and Steven Surgnier; their total investment to date is $12.5M. Learn more about Fabric here.
Stensul, a NY-based martech startup whose platform helps firms save time with email drafting, has raised a $7M Series A led by Javelin Venture Partners. Additional participants included First Round Capital and Lowercase Capital. Stensul was founded in 2014 by Noah Dinkin; their total investment to date is $7M in addition to an undisclosed round. Learn more about stensul here.
Universe, a NY-based web development startup whose platform allows users to build websites on their smart mobile devices, has raised a $4M Series A. Participants included General Catalyst, Y Combinator and BoxGroup. Universe was founded in 2014 by Joseph Cohen; their total investment to date is $7.3M. Learn more about Universe here.
BROOKLYN TECH WEEK 2018, The Digital Transformation: The impact of BIG DATA on AI, IoT, AR/VR, Blockchain and Cryptocurrency.