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The AlleyWatch Startup Daily Funding Report: 9/22/2022

Date:

Carats & Cake

$10.6M – Series A

Carats & Cake, an events-focused revenue optimization platform for venues and property groups, has raised $10.6M in Series A funding led by 1Sharpe Ventures. Founded by Jess Levin Conroy in 2013, Carats & Cake has now raised a total of $19.9M in reported equity funding.

Messsari

$35M – Series B

Messsari, a crypto market intelligence platform, has raised $35M in Series B funding led by BH Digital. Messsari was founded by Dan McArdle and Ryan Selkis in 2018.

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Sintra

$2M – Seed

Sintra, a social investing network for NFTs, has raised $2M in Seed funding led by Lemniscap. Sintra was founded by Angel Ceballos and Jeffrey Bian in 2021.

Opto Investments

$145M – Series A

Opto Investments, a platform for independent financial advisors to access private investment opportunities, has raised $145M in Series A funding led by Tiger Global Management. Opto Investments was founded by Jacob Miller, Joe Lonsdale, Mark Machin, Matt Reed, and Patrick Weiss in 2020.

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Purestream Trading Technologies

$7.9M – funding according to a recent SEC filing

Purestream Trading Technologies, an institutional block trading platform that prioritizes liquidity, has raised $7.9M in funding according to a recent SEC filing. The filing indicates that the round comes from three investors. Founded by Armando Diaz, Sean Hoover, and Yogesh Wagle in 2018, Purestream Trading Technologies has now raised a total of $21.9M in reported equity funding.

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Tongo

$10.1M – funding according to a recent SEC filing

Tongo, a factoring platform for real estate agents to access commissions before closing, has raised $10.1M in funding according to a recent SEC filing. The filing indicates that the round comes from forty-three investors. Tongo was founded by Brandon Wright and Luis Scull in 2020.

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Coverage Cat

$1.64M – funding according to a recent SEC filing

Coverage Cat, an insurance optimizatiom platform to make sure insured parties have the right coverage, has raised $1.64M in funding according to a recent SEC filing. The filing indicates that the total offering is for $10M and this close comes from eighteen investors. Coverage Cat was founded by Max Cho in 2022.

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Qunnect

$7.2M – funding according to a recent SEC filing

Qunnect, a company that’s transforming telecommunications infrastructure into scalable quantum networks, has raised $7.2M in funding according to a recent SEC filing. The filing indicates that the total offering is for $10M and this close comes from twenty-seven investors. Founded by Mael Flament and Mehdi Namazi in 2017, Qunnect has now raised a total of $11.6M in reported equity funding.

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