NYC Startups Secure $105M in Funding

Recent funding rounds have seen significant investments in NYC startups, with Public raising $105M led by Accel, bringing its total to $443.5M. Constrafor secured $14M in Series A funding, totaling $27.8M raised since its inception. Young venture capitalists are gaining recognition for their innovative funding strategies, such as Molly Mielke's Moth Fund, which has invested in 36 startups. The SaaS model continues to attract investors due to its scalability and predictable revenue, making fundraising easier for founders. Additionally, new strategies for managing cash flow, such as negotiating better payment terms and automating accounts payable, are essential for startup success. Entrepreneurs are advised to weigh the benefits of traditional bank loans against venture capital for their funding needs.