The AlleyWatch Startup Daily Funding Report: 12/13/2023

The AlleyWatch Startup Daily Funding Report: 12/13/2023

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The latest venture capital, seed, pre-seed, and angel deals for NYC startups for 12/13/2023 featuring funding details for Xeol, Inductive Bio, and much more. This page will be updated throughout the day to reflect any new fundings.


Xeol – $3.2M

Xeol, a cybersecurity platform focused on the software supply chain, has raised $3.2M in Seed funding led by Shield Capital. Xeol was founded by ShiHan Wan and Benji Visser in 2023.


Inductive Bio – $4.3M

Inductive Bio, a technology platform that uses AI to accelerate the compound optimization process in the development of therapeutics, has raised $4.3M in Seed funding led by Andreessen Horowitz and Lux Capital. Inductive Bio was founded by Josh Haimson and Ben Birnbaum in 2021.


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Allstar – $12M

Allstar, a content creation platform for gamers, has raised $12M in Series A funding led by Drive Capital. Founded by Gavin Silver and Nicholas Cuomo in 2019, Allstar has now raised a total of $15.9M in reported equity funding.


Noetica AI – $6M

Noetica AI, an intelligence and data platform corporate debt, has raised $6M in Seed funding led by Lightspeed Venture Partners. Founded by Dan Wertman, Tom Effland, Yoni Sebag in 2022, Noetica AI has now raised a total of $7.8M in reported equity funding.


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Jitjatjo – $30M

Jitjatjo, an on-demand staffing solution for flexible workforces, has raised $30M in Series B funding led by Morningside Group. Founded by Dominic Esposito, Ron McCulloch, and Tim Chatfield in 2015, Jitjatjo has now raised a total of $47.9M in reported equity funding.


Audicus – $4.1M

Audicus, a direct-to-consumer hearing aid brand and telehealth platform, has raised $4.1M in funding according to a recent SEC filing. The filing indicates that the total offering is for $6.58M and there were twenty-six investors in the close. Founded by Patrick Freuler in 2011, Audicus has now raised a total of $11.7M in reported equity funding.


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