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Abacum Raises $60M Series B to Modernize Business Planning

1 week ago | builtinnyc.com | Ashley Bowden

Abacum, a business planning software company headquartered in New York, announced a $60 million Series B funding round spearheaded by Scale Venture Partners. The company works to help finance teams at mid-market companies drive performance. Abacum’s platform consolidates financial and operational data in real time, enabling finance organizations to gather actionable insights, forecast revenue, model scenarios, automate reports, plan headcount and more.
Runwise Secures $55M Series B to Optimize Building Infrastructure

1 week ago | builtinnyc.com | Ashley Bowden

Runwise, a software company developing solutions for building infrastructure, secured $55 million in a funding round led by Menlo Ventures. The Series B round brings Runwise’s total capital raised to $79 million. Many buildings still operate using outdated infrastructure that is costly and produces high CO2 emissions, according to Runwise’s co-founders. The company aims to equip businesses with intelligent infrastructure that is scalable and quick to deploy.
Prioritizing Connection: What NYC Sales Reps at Leading Tech Companies Do Differently | Built In NYC

1 week ago | builtinnyc.com | Taylor Rose

Sales requires a lot of different tactics but perhaps the most successful ones aren’t calculated or methodical — they center on the ebb and flow of human connection. For Melissa Douglass, a sales manager at Zocdoc, connecting with clients fuels her professional advancement and helps her hit her sales goals. “As a sales rep, I advanced quickly by listening to clients, understanding their needs and tailoring my approach accordingly,” Douglass said.
Prepared Fuels U.S. Expansion With $80M Series C Round

2 weeks ago | builtinnyc.com | Ashley Bowden

Headquartered in the Big Apple, Prepared works to improve emergency responses by equipping public safety agencies with AI-powered technology. The company announced an $80 million round of Series C funding to support its platform. Spearheaded by General Catalyst, the raise totals Prepared’s capital at over $130 million.
A Team Culture Built on Support: Inside Monday.com’s Customer Experience Team

2 weeks ago | builtinnyc.com | Taylor Rose

When a patient is rushed into an operating room after an emergency, they aren’t treated by a single doctor, left alone to diagnose and triage what’s wrong; it’s a team of skilled surgeons, leaning on one another’s strengths. For Monica Royal, a customer experience advocate, tackling a customer experience problem at monday.com feels a little like stepping into an operating room, with an elite team by her side.
MarketAxess Appoints New Group Chief Operating Officer

3 weeks ago | builtinnyc.com | Ashley Bowden

MarketAxess, a New York-based company operating an electronic trading platform, recently announced an update to its leadership team. Dean Berry joined the company as group chief operating officer and chief executive officer of EMEA and APAC. Serving more than 2,100 firms, the company’s platform improves trading efficiency, offering a diverse pool of liquidity and providing increased cost savings.
Superblocks Secures $23M in Series A Funding Round

3 weeks ago | builtinnyc.com | Mia Goulart

Superblocks, a New York-based software development platform, has secured $23 million in a Series A funding round, with investments from Kleiner Perkins, Spark Capital, Greenoaks and Meritech Capital. According to a news release, the company plans to use the funding to address the growing security challenges of AI-generated applications. As AI makes it easier for non-technical employees to build software, the risk of security breaches and compliance issues has increased.
Yext Secures $200M Loan to Fuel Growth Initiatives

1 month ago | builtinnyc.com | Ashley Bowden |With AI

Yext has secured a $200 million senior secured term loan from BlackRock, a move aimed at supporting the company’s growth and strategic initiatives. This new debt facility will enable Yext to pursue market expansion and acquisitions. The facility replaces Yext’s previous revolving credit facility with Silicon Valley Bank, which was set to expire at the end of 2025.
Celonis Deepens Swiss Presence With Zurich Office Opening

1 month ago | builtinnyc.com | Ashley Bowden

Celonis, a company specializing in process mining technology, recently announced its expansion plans in Switzerland. The company is furthering its existing presence in the country by moving into a new office in Zurich and enabling data to be hosted in a local Swiss data center. The move will enable Celonis to better serve its local customer base, making it easier for them to comply with Switzerland’s strict data protection laws.
Growing The Career You Want: How Huntress Supports Professional Development | Built In NYC

1 month ago | builtinnyc.com | Taylor Rose

When Tyler Benson blocks off time on his calendar for professional development, it could mean a myriad of things: Reading a chapter in a book that his manager recommended. Listening to a lecture in his Harvard Business School class, or chatting with his coach from BetterUp, a virtual coaching platform. But one thing he doesn’t have to worry about is paying for any of it. His employer Huntress, an enterprise-grade, people-powered cybersecurity company, is happy to pick up the tab.