From marketing to cryptocurrency and more, SaaS platforms emerge victorious in Q4

As we reported in our latest NYC Seed Deal Report, Q4 deal volume was down 33% from last quarter, though total capital investment continues to pour in at a healthy pace. Average check size for the quarter topped $2MM - up over 10% from last quarter and 25% from Q4 2016.

D2C activity was up from last quarter, with a number of health and wellness brands emerging onto the scene. But it’s the enterprise SaaS platforms that continue to drive the most activity. Q4 saw new SaaS platforms take their own spin on digital marketing, cryptocurrency, HR, and tailored infrastructure solutions.

CLICK HERE FOR THE FULL BREAKDOWN OF Q4 DEALS AND TRENDS.

The Primary NYC Seed Deal Report covers all NYC seed deals - which we define as $250K-$3.5MM - that have been publicly announced in each quarter. Data is sourced from Crunchbase and Primary Venture Partners research. If you know of any deals that we’ve missed in this report, please contact us at info@primary.vc!

 

Q4 2017 Seed Deals

Ecommerce

ADAY: ADAY is a direct-to-consumer brand creating technical apparel for everyday life. $2MM | SoGal Ventures

Billie: Billie is a D2C shaving brand for women. $1.5MM | Lakehouse Ventures, Greycroft, Female Founders Fund, Shan-Lyn Ma, Roger Chen

Feather: Feather is a furniture rental company for individuals and businesses. $3.5MM | Y Combinator, SV Angel, PJC, New Enterprise Associates, Kleiner Perkins Caufield & Byers, Fuel Capital, Bain Capital Ventures

Flont: A sharing platform for fine jewelry, in partnership with the leading brands and designers. $3MM | C Ventures, Clive Ng

Mented Cosmetics: Mented is a luxury beauty company targeted to women of color. $1MM | iSeed Ventures, Outbound Ventures

Squire: Squire is a booking and payment platform that connects men with great barbers nationwide. $650,000 | 43North

Unbound: Unbound offers women a quarterly subscription box of erotic products. $2.7MM | SoGal Ventures, Slow Ventures, Founders Fund, Arena Ventures
 

Enterprise SaaS

AdHawk: AdHawk aggregates a company's total digital marketing data, and offers advertisers one-click optimization solutions. $2.5MM | Founder Collective

Aquant: Aquant helps companies maximize their products' uptime. $2.6MM | World Trade Ventures, Silvertech Ventures, Gil Dibner

Bravely: Bravely provides confidential communication guidance and conflict coaching for employees navigating workplace issues. $1.5MM | Trail Mix Ventures, Primary Venture Partners, Correlation Ventures, Brooklyn Bridge Ventures

Loyyal: Loyyal is a loyalty and rewards platform that brings interoperability to the currently fragmented industry. $2.3MM | REFFIND LTD

PhoneWagon: PhoneWagon is a call tracking software that helps businesses improve their marketing strategy. $1.2MM | Birchmere Ventures, Active Capital

Radar: Radar is a location platform for mobile apps. $2MM | Specialized Types, Fuel Capital, Expa, Accel Partners, Nitesh Banta, Michael Yavonditte, Michael Katz, Greg Brockman, Brian Goldfarb

Reachify: Reachify is a BI platform that helps simplify software solutions for businesses. $1.5MM | New Enterprise Associates, Forerunner Ventures, Female Founders Fund, Commerce Ventures, Beanstalk Ventures

Ready Makers, Inc.: Ready lets you build in modern mediums - mobile gaming, personal robotics, AR/VR - without any coding skills. $3.025MM

RUN: RUN is a mobile-focused programmatic advertising technology company offering cutting-edge mobile solutions. $1.5MM | Verizon Ventures

 

FinTech

Accern: Accern monitors over 1 billion websites and provides news analytics solutions for global equities, commodities, forex and cryptocurrencies. $2.1MM | VYL LLC, Gurtin Ventures, Deutsche Bank, Credit Suisse, Cane Investment Partners, Affinity Investment Group

Liquid M Capital: Liquid M Capital is a FinTech company and broker dealer that is developing an alternative trading system based on blockchain technology. $1.28MM

Templum: Templum is a blockchain-powered FinTech company offering a regulatory compliant platform for ICOs as securities and their secondary trading. $2.7MM | Raptor Group, Galaxy Investment Partners, Firstminute Capital, Blockchain Capital

 

Health & Wellness

Roman: Roman is a direct-to-consumer men's health company. $3.1MM | Slow Ventures, Prehype, Initialized Capital, General Catalyst, Forbes, BoxGroup, Philip Krim, Liz Wessel

Envisagenics, Inc.: Envisagenics is an AI platform for drug discovery. $2.4MM | Third Kind Venture Capital, SV Angel, Empire State Development, Dynamk Capital, Dolby Family Ventures, Cosine, Shana Fisher, Gillian Sandler, Daniella Kranjac

 

The Nue Co.: The Nue Co. is a D2C brand that produces and delivers supplements made from real, organic foods. $1.5MM | Morningside Group

Rightway Healthcare: Rightway Healthcare combines cutting-edge patient navigation and analytics to optimize healthcare expenditure for employers and employees. $2MM

 

Other

GROW: Grow is a smart home gardening company. $2.4MM | Tank Hill Ventures, Resolute Venture Partners

UpStack: UpStack is an online platform that helps IT professionals and consultants across the globe find and procure colocation and network services. $1.8MM | Montage Ventures, Burch Creative Capital

Vidrovr: Vidrovr develops multimodal computer vision and machine learning systems to index, tag, and understand video. $1.25MM | Verizon Ventures, Social Starts, SamsungNEXT Ventures, R/GA Ventures, 415

Primary NYC Seed Deal Report: Q4 2017

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