The AlleyWatch Startup Daily Funding Report: 6/12/2025
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The AlleyWatch Startup Daily Funding Report: 6/12/2025
"Antimetal, an AI-powered automated cloud infrastructure monitoring and management platform, has raised $20M in Series A funding led by Sound Ventures."
"Zorro, an AI-powered benefits administration platform, has raised $20M in Series A funding led by Entree Capital."
"722 AI, a yet-to-launch Brooklyn-based stealth startup, has raised $1M in funding according to a recent SEC filing."
In New York City, startup funding remained robust as of June 12, 2025, with notable Series A rounds completed by Antimetal and Zorro. Antimetal secured $20M for its AI-driven cloud infrastructure management, bringing its total funding to $24.3M, led by Sound Ventures. Similarly, Zorro raised $20M for its AI-centric benefits administration platform, accumulating $31.5M overall from investors led by Entree Capital. Additionally, the stealth startup 722 AI has attracted $1M in funding as it prepares for its market debut. The scene reflects a vibrant entrepreneurial ecosystem in NYC.
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