NYA News - March 2025: NYA Fund 2024 Closed with ~$2.5 MillionRead about the Rockerbox acquisition, the closing of the NYA 2024 Fund, interviews with NYA's Rob Hedlund and ProSentry's John Rusk and Nadav Schnall.
New York Angels is proud to announce the closing of the NYA Fund 2024. February was also an exciting month for New York Angels portfolio companies with an acquisition announcement, two key recognitions and a new partnership. One new investment was also added to NYA Members's portfolio.
Read more about the latest in NYA news in this newsletter:
Year-to-date, NYA Members have invested nearly $1 million.
FEBRUARY INVESTMENT HIGHLIGHTS
Osteoboost is dedicated to improving bone health for millions of people suffering with osteoporosis and osteopenia. Osteoboost offers the only FDA-cleared medical device for the treatment of osteopenia in postmenopausal women. NYA member Esther Dyson introduced founder Laura Yecies to the group. Laura is a seasoned entrepreneur with multiple successful exits. Tom Hirschfeld and John Younger led this deal.
FOUNDER SPOTLIGHT
John Rusk and Nadav Schnall are Co-Founders of ProSentry, the all-in-one wireless monitoring platform that provides insights and instant notifications for residential and commercial properties for everything from water and gas leaks to mechanical malfunctions and environmental monitoring. In this interview, John and Nadav share the challenges they faced in fundraising with their niche business, benefiting from NYA partnerships, and how they made adjustments through the fundraising process to gain investors - including those who had previously declined.
COMPANY NEWS
COMMUNITY GAMING
Community Gaming announced a groundbreaking partnership with Moonton Games to launch the MLBB Academy across the LATAM region. This year-long initiative will build the future of esports across LATAM and offer their exclusive Educational Video Series, Structured Tournament Series, and Community Engagement Hub. Read About Partnership
COMPANY NEWS CYNOMI
Cynomi was named one of the 20 Coolest Security Operations, Risk And Threat Intelligence Companies of 2025 on CRN's Security100 list. This recognition showcases how Cynomi's AI-powered platform helps automate and improve cybersecurity for their Managed Security Service Provider and consulting clients. See All Winners
COMPANY NEWS
REFERWELL
ReferWell was inducted into the inaugural Digital Health New York Hall of Fame recognizing the company's contributions to healthcare innovation. ReferWell's Care Access scheduling platform and year-round programs have significantly improved care coordination, increased patient show rates, and enhanced health outcomes for millions. Read Announcement
COMPANY NEWS ROCKERBOX
DoubleVerify plans to acquire NYA Portfolio Company Rockerbox. Together the companies will offer end-to-end media performance measurement helping advertisers measure, optimize, and drive real business outcomes with greater precision and efficiency. Read Press Release
NYA MEMBER SPOTLIGHT
Rob Hedlund joined New York Angels in May 2024 and has co-led several deals in this short time. Rob's extensive experience as an institutional investor, spanning healthcare, alternative energy, software, consumer products, and financial services, give him the ability to effectively assess diverse investment opportunities. In this interview, Rob shares his thoughts about NYA’s strong diversity of deal flow and how successful companies explain why their solution is superior to others.
COMMUNITY CONNECTIONS UPENN CLEANTECH PTICH
New York Angels Assistant Director Jon Zaikowski was a judge in the inaugural University of Pennsylvania's Energy Week Pitch Showcase. Participants pitched their research in just four minutes, highlighting how their work can be translated into impactful energy and clean-tech solutions.
COMMUNITY CONNECTIONS MENTORS+ANGELS ACCELERATOR DEMO DAY
Mentors Plus Angels (m+a) is an organization focused on helping under-represented founders achieve their first external funding. NYA has close ties with m+a and many members were part of their recent Demo Day. The eight companies presenting, covered industries ranging from CPG to AI, and had taken part in a pro-bono seven week program of education, mentoring and networking.
NYA NEWS NYA FUND 2024 CLOSED WITH NEARLY $2.5 MILLION OF CAPITAL
New York Angels is proud to announce our members' latest sidecar fund - NYA Fund 2024 - closed with $2.47 million of committed capital and 57 members participating. On both measures, this is record-level participation in an NYA fund. Due to the high level of participation, the Fund will be able to make no fewer than 16 investments, which supports our core objective of diversification.
The Fund pools money from individual NYA members to co-invest in the group's most popular deals. This increases portfolio diversity for NYA members and increases funds available to some of our most promising portfolio companies. NYA funds operate on a rules-based approach, investing only when individual angel investments cross certain investment thresholds.
NEW JERSEY BUSINESS & INDUSTRY ASSOCATION
NJ SENATE PASSES BILL TO INCREASE TAX INCENTIVES FOR ANGEL INVESTORS
As the federal and state governments look for ways to spur economic activity and produce well-paying jobs, the New Jersey Senate increased the value of tax credits from 20% to 35% of a taxpayer’s qualified investment in an emerging technology startup or venture fund. While venture investment has begun to slow, many states are reevaluating their incentives for angel investments in startups to help stimulate innovation in fast-growing industries Read Full Article
UPCOMING MEMBER MEETINGS
Investment Forum & Annual Meeting (Hybrid):
• March 24th (9:00 AM - 1:00 PM)
April Screening (Hybrid):
• April 7th (9:00 AM - 1:00 PM)
FOUNDER DEADLINES
May Screening Application:
• April 14th
*New York Angels, Inc. ("NYA") is a not-for-profit corporation that is funded by membership dues for individuals and/or entities that NYA has designated as members as well as from certain sponsors. Its purposes include providing administrative support to its members. NYA does not invest in companies. Investments, if made, are made by individual members of NYA.
