The AlleyWatch Startup Daily Funding Report: 3/8/2023

The latest venture capital, seed, pre-seed, and angel deals for NYC startups for 3/8/2023 featuring funding details for Opkit, Candidly, and much more. This page will be updated throughout the day to reflect any new fundings.

Opkit – $1M

Opkit, an automated health insurance verification platform, has raised $1M in Seed funding from investors that include Y Combinator, Global Founders Capital, Mischief, Socially Financed, and Rex Salisbury. Opkit was founded by Justin Ko and Sherwood Callaway in 2021.

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Candidly – $20.5M

Candidly, a student debt and savings optimization platform, has raised $20.5M in Series B funding from investors that include Altos Ventures and Cercano Management. Founded by Laurel Taylor in 2016, Candidly has now raised a total of $46.3M in reported equity funding.

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Standby Deposits – $3.5M

Standby Deposits, a cash-free security deposit alternative, has raised $3.5M in funding according to a recent SEC filing. The filing indicates that the round comes from two investors. Standby Deposits was founded by Egill Almar Agustsson and Elvar Thormar in 2021.

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• Source: https://www.alleywatch.com/2023/03/the-alleywatch-startup-daily-funding-report-3-8-2023/