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The AlleyWatch Startup Daily Funding Report: 9/13/2023

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The latest venture capital, seed, pre-seed, and angel deals for NYC startups for 9/13/2023 featuring funding details for Usage AI, Layup, and much more. This page will be updated throughout the day to reflect any new fundings.


Usage AI – $9M

Usage AI, a cloud computing cost optimization platform, has raised $9M in venture funding from investors that include JAM Fund, Backend Capital, Amity Ventures, and 10vc. Usage AI was founded by Kaveh Khorram in 2020.


Layup – $2.3M

Layup, a challenger bank offering prize-linked savings accounts for sports fans, has raised $2.3M in Seed funding from investors that include Continental Investment Partners, Chicago Ventures, and (ERA) Entrepreneurs Roundtable Accelerator. Layup was founded by Owen Monagan and Oisin Tiernan in 2022.


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Prelude – $2.6M

Prelude, a purchasing and inventory management platform for the cannabis industry, has raised $2.6M in funding according to a recent SEC filing. The filing indicates that the total offering is for $3M and there were five investors in this close. Founded by Michael E. Murphy and Andrew Copp in 2021, Prelude has now raised a total of $5.2M in reported equity funding.


Rize Education – $4.5M

Rize Education, a higher education platform that enables independent to deliver lower cost for academic programs and degrees, has raised $4.5M in funding according to a recent SEC filing. The filing indicates that the total offering is for $5.5M and there were five investors in this close. Founded by Connor McCarthy and Kevin Harrington in 2015, Rize Education has now raised a total of $13M in reported equity funding.


HIVE Diversity – $675K

HIVE Diversity, a virtual recruiting platform that connects companies to entry-level and early career applicants from diverse backgrounds, has raised $675K in funding according to a recent SEC filing. The filing indicates that the total offering is for $4M and this close comes from a sole investor. Founded by Byron Slosar in 2020, HIVE Diversity has now raised a total of $3.725M in reported equity funding.


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Tags:  Michael E. Murphy(ERA) Entrepreneurs Roundtable Accelerator10vcAmity VenturesAndrew CoppBackend CapitalByron SlosarChicago VenturesConnor McCarthyContinental Investment PartnersHIVE DiversityJAM FundKaveh KhorramKevin HarringtonLayupOisin TiernanOwen MonaganPreludeRize EducationUsage AI
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