#NYCtech Week in Review: 5/3/26 - 5/9/26
Briefly

#NYCtech Week in Review: 5/3/26 - 5/9/26
"Reserv, an AI-native third-party administrator that processes property and casualty insurance claims, has raised $125M in Series C funding led by KKR, with participation from Bain Capital Ventures and Flourish Ventures. Founded by CJ Przybyl, Martha Dreiling in 2022, Reserv has now raised a total of $196M in reported equity funding."
"Bathhouse, a social wellness destination that offers sauna, contrast therapy, and communal bathing experiences, has raised $35M in Venture funding led by Imaginary Ventures, with participation from Klay Thompson, Marcus Smart, and DK Metcalf. Bathhouse was founded by Travis Talmadge, Jason Goodman in 2019."
"MOTHER.Tech, an AI creative platform that lets users generate professional-quality content without prompt engineering, has raised $15M in Pre-Seed funding led by Google Ventures (GV), with participation from Lerer Hippeau Ventures, Box Group, and Shine Capital. Founded by Kelsey Falter in 2023, MOTHER.Tech has now raised a total of $20M in reported equity funding."
"On May 16, the Brooklyn Navy Yard is hosting Yard Industry Day, an interactive showcase spotlighting the Yard-based companies and technologies that are shaping the future of urban industry. Join panels, tours, and talks throughout the day across topics like robotics and physical AI, medtech, immersive media, space tech, clean energy, industrial innovation, and advanced manufacturing."
Reserv, an AI-native third-party administrator for property and casualty insurance claims, raised $125M in Series C funding led by KKR, with participation from Bain Capital Ventures and Flourish Ventures, bringing total reported equity funding to $196M. Bathhouse, a social wellness destination offering sauna, contrast therapy, and communal bathing, raised $35M in venture funding led by Imaginary Ventures, with participation from Klay Thompson, Marcus Smart, and DK Metcalf. MOTHER.Tech, an AI creative platform enabling professional-quality content generation without prompt engineering, raised $15M in pre-seed funding led by Google Ventures, with participation from Lerer Hippeau Ventures, Box Group, and Shine Capital, bringing total reported equity funding to $20M. Yard Industry Day will be held May 16 at the Brooklyn Navy Yard with panels, tours, and talks spanning robotics and physical AI, medtech, immersive media, space tech, clean energy, industrial innovation, and advanced manufacturing.
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