New York funding news: Health care and financial services top recent local investments – Hoodline New York

New York-based wholesale company LeafLink has secured $35 million in Series B funding, according to company database Crunchbase, topping the city’s recent funding headlines. The cash infusion was announced Aug. 7 and led by Thrive Capital.

According to its Crunchbase profile, “As the industry standard platform, LeafLink is for cannabis brands and retailers who want to streamline the ordering process, simplify communication and spend less time on busywork. With a robust online marketplace, CRM and order management tools, we’ve created a centralized sales engine to help you manage and grow your business.”

The four-year-old startup has raised six previous funding rounds, including a Series A round in 2017.

The round brings total funding raised by New York companies in healthcare over the past month to $221 million, an increase of $68 million from the month before. The local healthcare industry has produced 211 funding rounds over the past year, yielding a total of $3.1 billion in venture funding.

In other local funding news, real estate company Morty announced an $8.5 million Series A funding round on Aug. 7, led by Prudence Holdings.

According to Crunchbase, “Morty is on a mission to revolutionize the outdated mortgage industry by letting people shop, compare and close on any mortgage from any lender, completely online.”

Founded in 2015, the company has raised two previous rounds, including a $3 million seed round in 2017.

Meanwhile, crowdsourcing and crowdfunding company FinMkt raised $5 million in Series B funding, announced on Aug. 6. The round was financed by FINTOP Capital.

From the company’s Crunchbase profile: “With offices in New York City and Hyderabad, FinMkt provides best-in-class, customizable online marketplace technology for the global financial services industry. We help organizations rapidly deploy marketplace solutions in a timely, cost-efficient manner while ensuring the highest quality technology and client support. From customer acquisition to product matching to tracking and reporting, our secure, patent-pending technology solutions are the gold standard of the financial marketplace ecosystem.”

FinMkt last raised $5 million in Series A funding in 2017.

Also of note, personal health company Zero raised $2.8 million in seed funding, announced on Aug. 6.

From Crunchbase: “Zero is a personal health and fitness platform. It is a fasting tracker used for intermittent, circadian rhythm and custom fasting. Zero was founded in 2016.”

The company previously raised $1.2 million in seed funding in 2018.

Rounding out the city’s recent top local funding events, property management and digital marketing company Spaceflow raised $1.8 million in funding, announced on Aug. 6 and led by Credo Ventures.

From Crunchbase: “Spaceflow is a plug-and-play tenant experience platform and community engagement that boosts spaces. With Spaceflow, occupants of buildings have amenities, services and community life just one click away in the mobile app.”

The company previously raised $630,000 in 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.