Online marketplace provider Grand St. announced this week it raised a $1.3 million seed round that was led by First Round Capital. The funding included participation from individual investors David Tisch, Gary Vaynerchuk, as well as betaworks, Collaborative Fund, MESA+, Quotidian Ventures and Undercurrent.

BestVendor has closed a $3 million Series A round co-led by RRE Ventures and SoftBank Capital. Additional investors include Lerer Ventures, who invested in the company’s seed round, along with David Tisch, Founder Collective and Old Willow Partners, the company announced Tuesday. New York-based BestVendor is an online resources where users share and recommend work-related applications.

CustomMade.com said it raised $2.1 million in a Series A round of financing led by First Round Capital and Google Ventures. Also participating were Founder Collective, Launch Capital, NextView Ventures, Andrew McCollum, David Tisch of TechStars and other investors. The company runs a market place connecting shoppers and artisans. PRESS RELEASE CUSTOMMADE RECEIVES FUNDING FROM [...]

Zozi, a San Francisco-based site that focused on deals for local activities, like cooking classes and horseback riding, has raised a $7 million Series B round from 500 Startups, LaunchCapital, and angel investor David Tisch among others. To funding brings the three-year-old’s total financing to $11.3 million. PRESS RELEASE: Strengthening its position as the leader [...]

Last month, entrepreneur Matt Mireles (pictured) published a tweet, asking: “Why is TechStars NYC run by a non-entrepreneur?”

The “non-entrepreneur” in question is 29-year-old David Tisch, whose grandfather built Loews into a Fortune 100 company that operates hotel chains, and whose family’s largess has helped bankroll numerous institutions, including the Tisch Galleries at the Metropolitan Museum of Art, and the Tisch School of the Arts at NYU. Since 2007, the young Tisch has been seed-funding startups with his brothers. According to his LinkedIn profile, he has also started two Internet companies, both of which were shuttered in less than a year’s time.