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Alley Watch's title: AlleyWatch - The Pulse of New York Tech
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FINTECH
Ramp, a financial operations platform that provides corporate cards, expense managemen...
New York City venture capital delivered $2.01 billion across 75 companies in May 2026, a 12.0% increase from April fueled by one of the city’s strongest multi-deal months on record. Seven NYC startups each raised $100 million or more — a concentration of large rounds rarely seen outside months anchored by a single outlier raise. Modal Labs led with $355 million for its AI cl...
Armed with some data from our friends at CrunchBase, I broke down the largest NYC startup funding rounds from May 2026 – a month that saw AI infrastructure and healthcare take the lion’s share of capital, headlined by Modal Labs’ $355M Series C for serverless cloud compute and a pair of $100M health rounds from Nourish and Garner Health. I have included some additional inform...
As financial services firms move AI systems from pilot projects into live investment workflows, the quality of the data underneath those systems has become the defining variable, a hallmark hallucinated output in a valuation model or earnings analysis can have immediate, costly downstream consequences. The challenge is structural: most financial data available to AI tools is ...
Ficus, a fintech platform that helps life insurance carriers modernize retained asset accounts with ...