NYC VC Fund Launch: Overlap Holdings Final-Close of $33M Frontier Tech Fund
New York-based Overlap Holdings announced the final close of its first fund at $33M on Feb. 5, 2025, targeting frontier tech from seed through Series B.
New York's venture capital scene moves fast — from multi-hundred-million-dollar fund closes to breakout seed rounds in fintech and AI. Our NYC VC news coverage tracks the firms, funds, and deals that matter for founders raising in the city.
Stay current with NYC venture capital news below.
New York-based Overlap Holdings announced the final close of its first fund at $33M on Feb. 5, 2025, targeting frontier tech from seed through Series B.
Insight Partners, one of New York's largest venture firms, announced $12.5B in fresh capital on Jan. 16, 2025, and said it logged more than $8B in exits in 2024.
AI audio company ElevenLabs announced a $180M Series C on Jan. 30, 2025, at a reported $3.3B post-money valuation.
New York startup PrettyDamnQuick closed a $25M Series A on Jan. 9, 2025, as it scaled checkout and shipping optimization for independent e-commerce brands.
NYC's Vêtir closed $5.5M Series A at a $150M valuation — AI wardrobe OS for high-value consumers with luxury-adjacent strategic investors.
Twin1 emerged from stealth with a $20M seed co-led by Bessemer, Tribeca Venture Partners, and Aramco Ventures (Aug 20, 2026). Privacy-governed digital twins for Am Law and enterprise knowledge work.
Status AI raised $17M seed + Series A from USV, GC, and YC — 13M worlds created as gamified social entertainment replaces passive scrolling.
Relay secured $50M growth investment for small business banking and money management — a signal that SMB fintech isn't a solved category.
New York-based RADAR hit unicorn status with $170M Series B funding — AI + RFID giving stores item-level inventory visibility at scale.
Nourish closed $100M Series C in NYC — the country's largest dietitian-led metabolic health clinic scales virtual care with real clinical outcomes.
Moment raised $78M led by Index Ventures — AI operating system deployed at Edward Jones, LPL, and Hightower collectively overseeing $10T+.
Modal Labs raised $355M at a reported $4.65B valuation as enterprise AI coding drove ARR from ~$60M to $300M in months — here's what that means for builders.