WHICH NEW JERSEY TECH STARTUPS RECEIVED FUNDING IN JUNE 2021?

Peter Verrillo, CEO of Enhatch. Enhatch
was one of the startups that got funding in June [file photo]
| Courtesy Enhatch

 July 26, 2021  Esther Surden

There is more investment listed on this website than most of us in the New Jersey tech community are aware of, and it’s good to see how many startups in the Garden State are receiving backing from angels and venture funds.

Most of these investments come from out-of-state angels, venture funds, family offices, etc. In June, Princeton-based Edison Partners financed learning platform Northpass (Parsippany).

NJTechWeekly.com has decided to publish the angel and VC investment information in tech, healthtech, cleantech and other tech-related companies from the previous month, once a month. This article includes the startup funding for June 2021.

It’s interesting to note that the companies that were funded in June largely moved away from the healthcare field which was dominating investment during the pandemic. Now there seems to be money available for everything from financial marketplaces and sports betting to vehicle smart charging and software development tools.

This is a useful place for entrepreneurs to see which investors are funding companies like theirs, and for them to learn the scope of that funding. For those interested in economic development, remember that these are the companies that will likely be hiring in New Jersey.

All the information, including the listings on biotech and pharma companies, is available on the Angel and VC Investments website, here. As the NJEDA says, the list isn’t meant to be exhaustive.

The listings of the deals are compiled from outside sources, including Pitchbook and Crunchbase, as well as other sources that are available to the public. The NJEDA has marked with an asterisk the companies that it has helped. If we have covered the company’s newest funding round, we’ve added a link.

Company: Attentive
Location: Hoboken, NJ
Sector: Information Technology | Attentive empowers the most innovative brands to create meaningful interactions through personalized text messaging.
Deal Synopsis: Attentive announced on June 24 that it had raised $59 million in venture funding.
Investor(s): Undisclosed
Crunchbase Profile Page: https://www.crunchbase.com/organization/attentive

Company: Sporttrade
Location: Camden, NJ
Sector: Computer Software |Sporttrade offers a financial marketplace for sports betting.
Deal Synopsis: Sporttrade announced on June 22nd that it has raised $36 million.
Investor(s): Techstars, Jump Capital, Impression Ventures, Nasdaq Ventures, Tower Research Capital, LLC.
Crunchbase Profile Page: https://www.crunchbase.com/organization/sporttrade
News Release: https://technical.ly/philly/2021/06/24/sports-betting-sporttrade-raise/ 

Company: IoTecha
Location: Piscataway, NJ
Sector: Information Technologies & Services | IoTecha provides a suite of integrated products for electric vehicle smart charging and powerline communications.
Deal Synopsis: IoTecha announced on June 22nd that it had raised $13.2 million in Series B funding.
Investor(s): BP Ventures, Elitegroup Computer Systems
Crunchbase Profile Page: https://www.crunchbase.com/organization/iotecha-corp
News Release/Article: bp makes $7m investment in electric vehicle charging firm IoTecha – IoTecha

Company: Enhatch
Location: Hoboken, NJ
Sector: Information Technology & Services | Enhatch offer advanced surgical planning tools, patient-matched instrumentation from x-rays, unmatched collaboration platforms, real-time inventory visibility, and the next generation of enabling technology for surgery.
Deal Synopsis: Enhatch announced on June 22nd that it had raised $9 million.
Investor(s): AltaIR Capital, Dreamit Ventures, Floodgate, Social Starts, Newark Venture Partners
Crunchbase Profile Page: https://www.crunchbase.com/organization/enhatch
News Release: https://www.massdevice.com/ortho-surgical-software-firm-enhatch-raises-9m/

Company: Certificial
Location: Jersey City, NJ
Sector: Computer Software | Certificial offers an insurance verification platform that provides customers with the ability to monitor real-time insurance coverage.
Deal Synopsis: Certificial announced on June 8th that it had raised $5.8 million.
Investor(s): Fin Venture Capital, IA Capital Group, Cofounders Capital, Nationwide Ventures, Cameron Ventures
Crunchbase Profile Page: https://www.crunchbase.com/organization/certificial
News Release: https://www.coverager.com/certificial-raises-5-8-million/

Company: Markerr
Location: Hoboken, NJ
Sector: Information Services | Markerr offers a commercial real estate analytics platform that provides insights about people, jobs, spending, and economic trends tied to any location.
Deal Synopsis: Markerr announced on June 16th that it had raised $5 million in Series A funding.
Investor(s): RET Ventures, Continental Realty Corporation, Edward Norton, Twin Shores Capital, Joe Lettween
Crunchbase Profile Page: https://www.crunchbase.com/organization/markerr
News Release: https://www.alleywatch.com/2021/06/markerr-real-estate-intelligence-analytics-platform-economic-demographic-market-brian-lichtenberger/

Company: AtomicJar
Location: Newark, NJ
Sector: Computer Software | Atomic Jar is developing a platform that gives software developers simpler methods for integration testing across the software development lifecycle.
 Deal Synopsis: AtomicJar announced on June 25th that it had raised $4 million in seed funding.
Investor(s): Tribe Capital, Boldstart Ventures, Zane Lackey, Mike Chalfen, Guy Podjarny
Crunchbase Profile Page https://www.crunchbase.com/organization/atomicjar-inc
News Release: https://www.businesswire.com/news/home/20210625005097/en/AtomicJar-Launches-with-4M-Seed-Funding-Round-Led-by-boldstart-ventures

Company: Northpass
Location: Parsippany, NJ
Sector: Computer Software | Northpass offers a learning platform that enables organizations to train employees, customers, and channel partners.
Deal Synopsis: Northpass announced on June 15th that it had raised $4 million in venture funding.
Investor(s): Edison Partners
Crunchbase Profile Page: https://www.crunchbase.com/organization/northpass
News Release: N/A

Company: Calamu Technologies
Location: Clinton, NJ
Sector: Computer Software | Calamu is a cybersecurity startup offering next-gen resilience and near-impenetrable data protection for the enterprise.
Deal Synopsis: Calamu Technologies raised $2.4 million in seed funding on June 22nd.
Investor(s): Dell Technologies Capital
Crunchbase Profile Page: https://www.crunchbase.com/organization/calamu-technologies
News Release: https://www.prnewswire.com/news-releases/dell-technologies-capital-invests-in-calamu-for-next-gen-data-protection-301318538.html

*Company: Poppy Seed Health
Location: Jersey City, NJ
Sector: Healthcare | Poppy Seed Health develops a healthcare platform designed to offer mothers and mothers-to-be access to emotional and mental-health help on-demand. The company’s platform connects users with on-demand text access to doulas, midwives, and nurses for their pregnancy and postpartum-related assistance, thereby enabling women to receive emotional and bodily consolation throughout and after their pregnancy.
Deal Synopsis: Poppy Seed Health announced on June 9th that it has raised $1.6 million of pre-seed funding.
Investor(s): City Light Capital, Metrodora Ventures, Seven Seven Six
Pitchbook Profile Page: https://pitchbook.com/profiles/company/436964-23
News Releasehttps://www.businessinsider.com/poppy-seed-health-launches-app-raises-seed-funding-alexis-ohanian-2021-6#:~:text=The%20company%20is%20releasing%20its,the%20company%20tells%20Insider%20exclusively

 

Company: SlyceData
Location: Red Bank, NJ
Sector: Financial Services | SlyceData develops and operates a financial software designed to accelerate the investment research process by making various financial datasets work seamlessly together. The company’s platform uses a data intelligence engine to automate data ingestion, cross-vendor mapping, data management, organization and data security, thereby enabling clients to focus on their actual research and make informed investment decisions.
Deal Synopsis: On June 29th SlyceData announced the company raised $1 million in equity crowdfunding via Angel Investment Network.
Investor(s): N/A
Pitchbook Profile Page: https://pitchbook.com/profiles/company/469190-26#overview
News Release: https://www.einnews.com/pr_news/545088746/for-immediate-release-startup-technology-services-company-slycedata-corp-completes-inaugural-financing

Company: 911inform
Location: Wall, NJ
Sector:  Information Technology | 911inform develops a notification and security management platform intended to bridge the gap between first-responders and organizations during an emergency situation.
Deal Synopsis: 911inform announced on June 14th that it has raised $550,000 in angel funding.
Investor(s): N/A
Pitchbook Profile Page: https://pitchbook.com/profiles/company/467526-07#overview
News Release: N/A


Company: 
MemoryOS
Location: Somerset, NJ
Sector: Education Technology | MemoryOS is developing innovative gamified e-learning software to help people significantly improve their memory.
Deal Synopsis: MemoryOS announced on June 14th that it had raised $385,000 via Kickstarter.
Investor(s): Bas Godska
Crunchbase Profile Page: https://www.crunchbase.com/organization/encoder-inc
News Release: https://www.finsmes.com/2021/06/memoryos-raises-350k-in-funding.html

Company: Hudson Space Systems
Location: Hoboken, NJ
Sector: Business Products and Services | Provider of microgravity research services intended to accelerate the speed of scientific advancement. The company’s service offerings include frequent sub-orbital launches, bespoke payload integration, end-to-end logistics and reasonable pricing through reusable launch vehicles, thereby enabling small businesses and research groups to flexibly perform microgravity research based on their requirements.
Deal Synopsis: Hudson Space Systems announced on June 7th that it had raised $152,000 in equity crowdfunding.
Investor(s): N/A
Pitchbook Profile Page: https://pitchbook.com/profiles/company/439544-71
News Release: N/A

Company: Doceree
Location: Parsippany, NJ
Sector: Marketing & Advertising | Doceree is a fully integrated programmatic ad exchange for data-driven marketing, exclusively to physicians.
Deal Synopsis: Doceree announced on June 28th that it raised an undisclosed amount of seed funding.
Investor(s): Ajai Joneja, Harsh Gupta, Gaurav Kumar, Debasish Hota
Crunchbase Profile Page: https://www.crunchbase.com/organization/doceree
News Release/Article: https://aithority.com/technology/native-and-programmatic-advertising/doceree-closes-pre-series-a-funding-round/

This post originally appeared in NJ Tech Weekly, Esther Surden, Founder & Publisher. Its republished here with her permission.