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The Venture Codex

New York City Economic Development Corporation

One Liberty Plaza, 165 Broadway, 14th Floor - Mailroom, New York, NY, 10006, United States

Overview

NYCEDC is a non-profit organization that provides freight, logistics, housing, economic transformation, and development services. The company was founded in 1991 and is headquartered in New York City.

Total investments
3
Lead investments
1
Investments · 12mo
0
Active investors
0

Sector focus

  • Business Development
  • Freight Service
  • Logistics
  • Non Profit
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Investment portfolio

  • Imprint Labs

    Participated · Equity · May 2025

    Imprint Labs is a New York City-based forensic immunology focused research organization building experimental and machine-learning tools to identify hidden causes and cures for chronic diseases. Led by CEO Beck Brachman and incubated by Cornell Tech, the company is developing methods to reconstruct immune histories from memory B cells and T cells at scale. Its stated approach aims to read the archive of immune exposures stored in memory immune cells to reveal diseases and hidden triggers. The company notes the immune repertoire signal is distributed, sparse, and constantly evolving, making it more difficult to resolve than the genome. Imprint plans to use the funds to advance work decoding the body’s immune memory and uncovering causes of chronic diseases. The article does not report operating metrics or prior financing details.

  • Zipments

    Participated · Seed · Sep 2013

    Zipments operates a same-day delivery marketplace that connects retailers with couriers and supplies real-time updates to customers. It launched as a web-only service in Grand Rapids, Michigan in May 2011 and later expanded to New York and Chicago, adding smartphone apps that let retailers request delivery details and couriers accept and manage jobs. The apps support selection of transport mode (bike, car, or truck) and provide couriers with logistics-management tools. Fees start at $10 per delivery and increase based on urgency, weight, and distance. The company says it aims to empower smaller and individual operators such as bicycle couriers and plans to use new funding to scale the product and expand to new cities. Zipments faces competition from consumer-focused services like Postmates and TaskRabbit as those companies push into its markets.

  • General Assembly

    Led · Grant · Jan 2011

    General Assembly runs short, career-focused educational programs and corporate training delivered in person and online. In 2015 it expected to enroll over 14,000 students in its three-month programs and to finish the year with over 25,000 alumni worldwide. It also reported training more than 15,000 executives and employees and collaborating with over 5,000 companies to shape curriculum and hire graduates. The company recently raised a $70 million Series D, bringing total funding to $119.5 million. CEO Jake Schwartz said this funding should be "the last round" needed before becoming fully self-sustaining. The board was expanded with the addition of Steve Newhouse, who the company says shares its commitment to building for the long term and prioritizing quality and community. General Assembly offers in-person and online tech courses through campuses in multiple cities. Founded in 2011 in New York, it has expanded to eight cities including London, which opened last year as its first campus outside the U.S. About 100,000 students have passed through its programs and its alumni network totals roughly 6,000; the company employs about 250 people. GA has shifted away from coworking to focus on its higher-margin educational courses and has begun building supporting software such as Dash, an online coding tool. The company emphasizes long-term support for alumni, positioning itself as a place for repeat learning and a loyalty-style model. The new funding will be used to open more campuses and grow its student and alumni base. General Assembly is a New York-based education company that offers in-person classes, seminars and event space for technology, business and design professionals. It began as a co-working space and evolved into an urban educational facility that also hosts networking events. The company offers offline and online courses and is scaling enterprise education offerings. General Assembly raised $10 million in new funding via an SEC filing, and previously raised $4.5 million plus a $200,000 grant from NYC’s Economic Development Corporation. The new capital will fund expansion of course offerings, development of newer campuses, and a planned Las Vegas launch in 2013, with London already opened and a Berlin outpost slated to open soon. The company was co-founded by Brad Hargreaves, Adam Pritzker, Matthew O. Brimer and Jake Schwartz. General Assemb.ly operates an "urban campus" co‑working space in Manhattan’s Flatiron District with event and classroom facilities, a library, media space, kitchen/bar, lockers, bike storage and dedicated work desks. It pairs communal and dedicated memberships with public programming: the company plans to offer 30–50 classes per month and a weekly keynote when fully operational. School was set to open on February 1, 2011, with classes ranging from free sponsored sessions to multi‑thousand‑dollar ten‑week workshops. Membership pricing listed in the article includes $500 per desk for dedicated memberships, $300 per month for communal members, and $25 per month for Programming Members. Demand was strong at launch, with a waiting list of about 100 entrepreneurs seeking communal membership. Founders named in the article are Brad Hargreaves, Adam Pritzker, Matthew O. Brimer and Jake Schwartz; advisor Chris Hughes is also mentioned, and the company is supported by corporations including IDEO, Skype, Silicon Valley Bank, Rackspace and Wilson Sonsini.

Team

No current team members are available.