My first job out of college was an investment banking position. To give you a sense of how different it was back then, I had just gotten rid of my electric typewriter 12 months prior.
I can remember staying up into all hours of the night, pulling numbers and compiling presentations for senior execs. Yet decades later, all those grueling hours and so much manual work is still required of financial analysts today.
It’s only now, through one of our AI portfolio companies Rogo (who raised a $50M Series B led by Thrive Capital this past quarter), that real change is finally underway.
Founded by Gabriel Stengel, a former Lazard investment banker who lived the problem himself, Rogo is adding an entire intelligence layer to the financial analyst position. And the major players have all taken notice, with firms like JP Morgan, Lazard, Moelis & Co, Tiger Global, and more all working with Rogo.
It’s a perfect example of where AI and LLMs change the game. Not just in the automation of boring tasks and presentations, but in the aggregation of incredible swaths of data and meaningful throughput.
Rogo’s AI tools are able to handle all kinds of what-if scenarios and simulations, at a speed that would have been unimaginable just a few years ago. Prompts like: “What would happen to my portfolio if inflation went up by 50 basis points?”
It’s these types of AI systems — ones that don’t just make us faster, but more intelligent — that get us most excited at AlleyCorp.
Later this week, I’ll be hosting a conversation with New York City Mayoral Candidate Zohran Mamdani. After seeing the results of many public and privately commissioned polls the last several weeks, it’s very possible he becomes our next mayor.
It’s safe to say in my 40 years as a New Yorker, we’ve never seen a more polarizing candidate with a real shot at winning the general election.
While Mamdani continues to do well in the polls, I still have many questions about his policies and lack of operating experience — which is why I chose to host this meeting with him, along with Tech:NYC and The Partnership for New York City. It’s something we’ve also done in the past with Mayor Eric Adams, mayoral candidate Andrew Cuomo, and other politicians throughout New York.
With 200+ founders, CEOs, and investors across VC and tech in the room, I want to make sure Mamdani understands the value that our tech community brings to NYC, and at the same time, give our founders the opportunity to ask him important questions about how he might run the city.
We’re excited to have led Rhino Federated Computing's $15M Series A with participation from Arkin Capital, LionBird, Fusion Fund, Qiming Venture Partners, TGV, Bird Capital, Gaingels, and others.
Setting a new standard in enterprise AI collaboration, Rhino FCP solves one of the biggest challenges in the AI and data space by seamlessly connecting siloed data through federated computing.
AlleyCorp led Banquet Health’s $4.5M Seed Round with participation from Bienville Capital, TMV, and Alaris Capital.
Food and nutrition have long been underutilized as drivers of patient care and recovery, but through Banquet, food service is transforming from a cost center to a strategic driver of patient satisfaction and safety. Take a listen to their recent appearance on the Becker's Healthcare Podcast!
AlleyCorp led Henry Capital’s $3.5M Seed Round as the newly launched lending platform aims to address the growing gaps in private credit.
The funding was announced alongside a credit facility from a multi-billion dollar institutional lender, opening opportunities for Henry Capital to immediately begin unlocking liquidity for investors and emerging managers in private markets.
AlleyCorp participated in Rogo’s $50M Series B led by Thrive Capital, with new investors J.P. Morgan, Tiger Global, and Positive Sum joining the round.
Rogo is building AI that delivers value to the most sophisticated investors and banks on Wall Street, helping firms pioneer the future of AI analytics in finance.
Clarium announced a $27M Series A led by Northzone with participation from AlleyCorp, General Catalyst, Kaiser Permanente Ventures, Texas Medical Center Venture Fund, and 1984 Ventures.
On a mission to build more resiliency for health systems, Clarium’s AI-powered supply chain unlocks major efficiencies for hospitals and their suppliers.
Carmoola raised a £300M debt facility from NatWest and Chenavari Investment Managers to bring their car financing experience to even more customers. It’s one of the most significant debt deals in UK consumer fintech this year.
Glacier raised a $16M Series A led by Ecosystem Integrity Fund with support from AlleyCorp, Amazon's Climate Pledge Fund, NEA, Overture Ventures, VSC Ventures, and others.
Glacier’s automated robotics systems are now sorting recyclables at facilities in San Francisco, Los Angeles, Chicago, Detroit, Phoenix, and Seattle.
World Class Health announced a $10M raise led by Transformation Capital, which will be used to expand their global Centers of Excellence spanning North America, Latin America, Europe, Africa, the Middle East, India, and Asia.
We were excited to lead Civ Robotics’ $7.5M Series A with participation from Bobcat Company, ffVC, and previous seed investors.
Civ Robotics continues to scale its deployment of surveying robots to job sites around the globe, now expanding into new regions including Europe, the Middle East, and Africa.
AlleyCorp incubation Jozu announced a $4M Seed Round led by HalfCourt, with participation from Mozilla Ventures, Brightspark Ventures, Sentiero Ventures, and Union Bay Partners.
With AI models everywhere, Jozu’s platform serves as the first AI operations control plane — streamlining AI deployment of self-hosted models from prototype to production.
AI & Robotics Transforming the Physical World
Bringing together our Deep Tech community in NYC, AlleyCorp co-hosted an event with Viam to offer a wide-ranging look at how AI and robotics are transforming the physical world around us. Founders Eliot Horowitz (Viam), Eric Litman (Aescape), and Yinka Ogunbiyi (Halo Braid) joined General Partner Abe Murray for a conversation on the leading edge of robotics innovation.
Nonprofit ENG(INE)
Over the past year, AlleyCorp partnered with Planned Parenthood, Mobile Pathways, Recidiviz, and Upsolve through our Nonprofit ENG(INE) to help each organization build next-generation AI platforms to better scale their impact.
Applications for our 2025 cohort are now open, giving nonprofits the chance to receive a free, dedicated AI engineering team to advance their social and economic goals.
For more information on the program, please visit: https://www.nonprofitengine.org/
“Yes, we’re technically investors, but we’re practically founders and company builders with them [our portfolio founders].”
Kevin joined Endless Frontier Labs as the featured guest of this year's 2025 Frontiers Summit, hosted at NYU Stern. He also recently joined Columbia Business School’s Capital for Good Podcast to share more on our focus in Economic Infrastructure: backing visionary companies that change the way people learn, earn, access benefits, and care.
"A single point doesn't make a line. You need at least two, maybe three, to be certain."
General Partner Alexi Nazem shared his analysis of the Hinge Health IPO with Modern Healthcare, explaining the strong signal it sends to the digital health ecosystem.
Next month, Alexi will be sitting down with Abridge founder and CEO Shiv Rao, as part of AlleyCorp’s ongoing Doctorpreneurs Fireside Series.
“This federal mandate to turn on three new nuclear reactors on US soil…that's like a new Manhattan Project for nuclear. We think Valar Atomics is leading the way."
General Partner Abe Murray joined the Venture Daily Podcast to dive into portfolio company Valar Atomics agreement with the state of Utah to bring nuclear fuel to the state’s infrastructure.
Abe was also a featured guest on the VentureFizz Podcast where he shared his unique path as a high school drop-out ending up at Harvard Business School, and what excites him most about the Deep Tech landscape.
“We’re moving toward an agentic future where everyone will have agents on their engineering team. That’s the business. That’s the value.”
Kenneth Auchenberg spoke at Infobip's Shift Conference to discuss the future of dev tools and the changing landscape of tech collaboration. With two decades of experience building products and leading engineering teams at Stripe and Microsoft, Kenneth explained the ongoing paradigm shift we're seeing — how the platforms that build the most effective co-pilots will ultimately generate the most value.
To hear more highlights from his talk you can view this video or read this article in Shift Magazine.
“We saw an opportunity to invest in non-obvious, generally regulated and under-digitized sectors where…the impact upside is tremendous—for families, individuals, and institutions.”
Youssef Kalad was profiled in Venture Wishlist, sharing his outlook on new startup ideas, category creation, and the desire to invest in AI that is inspiring.
Drawing on his experience in leadership roles in the New York state government, Youssef also recently wrote a piece on the AI Labor problem, which was picked up by The Learning Corner Podcast, outlining the growing tension between AI innovation and labor displacement.
“The rules are still unwritten for deep tech.”
Brannon Jones was a featured guest on the Audrow Nash Podcast, uncovering the exciting frontier of robotics, trends in deep tech investing, notable updates across our Deep Tech portfolio, and his past experience at SpaceX.
ShopMy was touted as the "most user-friendly" platform for creators in Vogue Business' feature on the booming creator economy.
Stepful was ranked the #1 EdTech platform in the US by TIME Magazine.
Altana was featured in both CNBC and The Verge, citing the companies transformative AI to help companies gain visibility into the ever-changing map of global supply chains.
Valar Atomics announced a partnership with the state of Utah to have a new nuclear test reactor operating in the state next year. In the Philippines, Valar is also set to construct a 100-kilowatt nuclear reactor aimed at exploring its potential to reduce electricity costs.
Agentio founder Arthur Leopold spoke at Inc. Magazine’s Founder House on the future of commerce and the creator economy.
Yuvo Health founder Cesar Herrera was named to Rock Health's Top 50 in Digital Health.
Restaurant Dive highlighted the opening of Appetronix’s first fully-autonomous pizza kitchen with their partners at Donatos Pizza.
Viam was awarded as one of Inc. Magazine’s Best Workplaces of 2025. The company also hosted a live robotics demo on Capitol Hill in front of more than 150 Members of Congress and staff.
Whoosh announced a strategic partnership with Lightspeed Commerce to bring retail, golf, and hospitality businesses a fully unified platform across scheduling, payments, and membership.
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