This week in N.Y.C. funding news: Romio, Options, Minibar, Pancho
By: Anthony Noto
Good afternoon from gloomy N.Y.C.
This week, Founders Fund saw another one of its partners leave to start their own fund — the second this summer. The venture capital firm — launched by PayPal co-founder/Gawker destroyer Peter Thiel — saw the departure of Geoff Lewis and Luke Nosek. Both left to start their own funds.
That's according to Bloomberg, which noted that Lewis plans to pool together more than $100 million for the fund. But it won't be far removed from San Francisco-based Founders, since the firm will be an anchor investor, the report continued.
The news comes as overall VC activity slows down. For more coverage, click here.
Romio , the soon-to-launch platform that allows users to find and book local services through a social network of experts and friends, will debut its new headquarters on Oct. 1. The "Romio Building" will be l ocated in New York’s storied Flatiron District and feature four floors of artwork space with the works of James Goldcrown on display. Some of Goldcrown's work, notably his “Bleeding Hearts” paintings, can be viewed in the slideshow above.
“Being a startup, we want to create a fun, vibrant environment that fosters creativity, inspiration, curiosity and a sense of purpose," says Tarik Sansal, the company’s founder and CEO, in a prepared statement. "We don’t look at this space as an office but as a home where the best ideas are thought of, exchanged and executed. I couldn’t think of a better artist to help achieve this than James Goldcrown, whose art is filled with passion and aspiration.”
THIS WEEK IN VC
The provider of cloud-enabled managed services with offices in London and New York clinched $100 million from Bregal Sagemount. With a staff of about 200, the company also has offices in Belfast, Hong Kong, Singapore, Toronto, Dublin, Geneva, and the Caribbean.
The marketplace for wine, beer and spirits gulped $5 million in funding. Corigin Ventures led the round, and was joined by several other investors including Female Founders Fund, Winklevoss Capital, LaunchCapital and RiverPark Ventures.
The Mount Laurel, N.J.-based provider of cloud-based analytics for store operations and loss prevention pulled in $4 million. Investors include Wellington Financial LP.
The provider of personalized weather forecasts raised $2.4 million in seed funding, according to TechCrunch. Lightspeed Ventures led the round.
The peer-to-peer support app received $1.2 million in seed funding. Joshua Kushner's Thrive Capital led the effort.