On February 13, 2025, various NYC startups secured funding, highlighting the city's vibrant venture capital scene. Circuit, an urban mobility company, raised $17M in a Series B round led by MKB, bringing its total funding to $30.3M. Founded in 2011, Circuit develops electric shuttle solutions for short trips. In contrast, PayStandards, a compensation management platform founded in 2022, garnered $1.375M through a SAFE structure from fifteen investors, signaling interest in their innovative approach to compensation management. The article emphasizes the dynamic startup ecosystem and evolving funding interests in NYC.
Circuit, the urban mobility startup, secured $17M in Series B funding, reflecting growing support for electric shuttle solutions.
PayStandards raised $1.375M in funding, demonstrating strong interest in compensation management technology among investors.
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