Armed with some data from our friends at CrunchBase, I broke down the 15 largest US startup funding rounds from May 2018. I have included some additional information such as industry, company description, round type, location of the startup, total equity funding raised, and date of funding to further the analysis. To maintain a focus on tech-enabled startups, real estate, lending, and biotech companies were excluded.
CLICK HERE TO SEE THE 15 LARGEST US STARTUP FUNDING ROUNDS OF MAY 2018
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15. SMART WIRES $54,617,368
Round: Venture
Description: Smart Wires produces innovative technology solutions and collaborates with electric utilities to help create a dynamic grid.
Industry: Electrical Distribution, Electronics, Manufacturing
Location: San Francisco, California
Date of funding: 5/31
Total equity funding: $100,359,869
14. Auth0 $55,000,000
Round: Series D
Description: Auth0 provides universal identity platform for web, mobile, IoT, and internal applications.
Industry: Developer APIs, Identity Management, Information Technology, Software
Location: Bellevue, Washington
Date of funding: 5/15
Total equity funding: $109,275,000
13. Saildrone $60,000,000
Round: Series B
Description: Saildrone is collecting ocean data to derive planetary insights using a fleet of sailing drones
Industry: Drones, Industrial, Manufacturing, Robotics
Location: Alameda, California
Date of funding: 5/15
Total equity funding: $88,500,000
12. Paxos $65,000,000
Round: Series B
Description: Paxos is a financial technology company delivering pioneering blockchain solutions for global financial institutions.
Industry: Finance, Financial Services, FinTech
Location: New York, New York
Date of funding: 5/31
Total equity funding: $93,250,000
12. Outreach $65,000,000
Round: Series D
Description: Outreach is a customer engagement platform that accelerates revenue growth by optimizing interactions throughout the customer lifecycle.
Industry: Enterprise, Enterprise Software, Recruiting, SaaS, Sales
Location: Seattle, Washington
Date of funding: 5/21
Total equity funding: $125,000,000
12. Rubicon Global $65,000,000
Round: Venture
Description: Rubicon is the worldwide leader in sustainable, cloud-based waste and recycling solutions.
Industry: Cloud Computing, Sustainability, Waste Management
Location: Atlanta, Georgia
Date of funding: 5/11
Total equity funding: $261,000,000
11. Chime $70,000,000
Round: Series C
Description: Chime is a mobile bank account that helps members lead healthier financial lives and automate their savings.
Industry: Banking, Debit Cards, E-Commerce, FinTech, Mobile Payments
Location: San Francisco, California
Date of funding: 5/31
Total equity funding: $112,525,000
11. Muzik $70,000,000
Round: Venture
Description: Creators of The Worlds First Smart headphones designed to connect artists, fans, and brands like never before.
Industry: Consumer Electronics, Electronics, Music
Location: West Hollywood, California
Date of funding: 5/4
Total equity funding: $80,000,000
10. IronNet Cybersecurity $78,000,000
Round: Series B
Description: IronNet Cybersecurity is a network security company that bridges gap between traditional cybersecurity approaches and evolving threat.
Industry: Computer, Cyber Security, Network Security
Location: Fulton, Maryland
Date of funding: 5/3
Total equity funding: $110,500,000
8. Signifyd $100,000,000
Round: Series D
Description: Signifyd is a SaaS-based, enterprise-grade fraud technology solution for e-commerce stores.
Industry: Big Data, E-Commerce, Enterprise Software, FinTech, Payments
Location: San Jose, California
Date of funding: 5/31
Total equity funding: $187,000,000
8. Proterra $100,000,000
Round: Series G
Description: Proterra makes zero-emission, battery-electric buses that help eliminate fossil fuel dependency and reduce costs.
Industry: Battery, Energy Storage, Public Transportation, Renewable Energy
Location: Burlingame, California
Date of funding: 5/25
Total equity funding: $447,210,700
8. Zola $100,000,000
Round: Series D
Description: Zola is the fastest growing wedding company in the country, reinventing the wedding planning and registry experience.
Industry: E-Commerce, Internet, Shopping, Wedding
Location: New York, New York
Date of funding: 5/3
Total equity funding: $140,849,999
7. Circle $110,000,000
Round: Series E
Description: Circle is a global internet finance company, built on blockchain technology and powered by crypto assets.
Industry: Banking, Blockchain, Cryptocurrency, Finance, Financial Services, FinTech, Payments, Personal Finance
Location: Boston, Massachusetts
Date of funding: 5/15
Total equity funding: $246,000,000
6. Mesosphere $125,000,000
Round: Series D
Description: Mesosphere is a novel cloud operating system that treats your datacenter like one big computer.
Industry: Cloud Computing, Cloud Infrastructure, Data Center Automation, Enterprise Software
Location: San Francisco, California
Date of funding: 5/7
Total equity funding: $247,250,000
5. ThoughtSpot $145,000,000
Round: Series D
Description: AI-driven Analytics for Humans. New breed of Relational Search Engine designed for data analytics.
Industry: Analytics, Big Data, Business Intelligence, Enterprise Software
Location: Palo Alto, California
Date of funding: 5/8
Total equity funding: $295,700,000
4. Fuze $150,000,000
Round: Series F
Description: Formerly ThinkingPhones, Fuze is a cloud-based video conferencing solution that connects people and organizations across devices.
Industry: Cloud Computing, Collaboration, Enterprise Software, SaaS, Video Conferencing
Location: Boston, Massachusetts
Date of funding: 5/10
Total equity funding: $480,400,000
3. Orbbec $200,000,000
Round: Series D
Description: The Orbbec mission is to create intelligent technologies for every human, everywhere through 3D image sensors and smart cameras.
Industry: Robotics
Location: Seattle, Washington
Date of funding: 5/21
Total equity funding: $200,000,000
2. Tradeshift $250,000,000
Round: Series E
Description: Tradeshift is a global business commerce platform that connects buyers and sellers.
Industry: B2B, Enterprise Software, Financial Services, FinTech, Procurement, Transaction Processing
Location: San Francisco, California
Date of funding: 5/29
Total equity funding: $432,000,000
1. GRAIL $300,000,000
Round: Series C
Description: Grail is a life sciences company that aims to detect cancer early when it can be cured.
Industry: Health Care, Health Diagnostics, Life Science, Medical Device
Location: Menlo Park, California
Date of funding: 5/21
Total equity funding: $1,611,655,039
