Armed with some publicly available data from our friends at CrunchBase, I broke down the 10 largest Series A rounds of all time in NYC. I have included some additional information as well, such as year of funding, industry, investors in the round, and current status of the company, to further the analysis. In order to maintain a focus on conventional tech startups, pharmaceutical and biotech companies were removed from the data.
Quick Findings:
- The largest Series A round in NYC history took place in 2014 TWEET THIS
- Goldman Sachs and Thrive Capital took part in 3 of the top 10 Series A financings in NYC TWEET THIS
- The largest Series A round in NYC history is in healthcare space TWEET THIS
- 1 of these companies was acquired in an asset disposition. 1 company merged and 8 of them are ongoing concerns.
- None of these companies have IPOd TWEET THIS
CLICK HERE TO SEE THE 10 LARGEST SERIES A ROUNDS IN NYC HISTORY
10. Mimeo $25M (2007)
Industry:
Ecommerce
Investors in the Round:
Draper Fisher Jurvetson (DFJ)
Goldman Sachs
HarbourVest Partners
Hewlett-Packard
Total Capital raised:
$25M
Current status:
Operational
10. Urban Compass $25M (2013)
Industry:
Real Estate
Investors in the Round:
Advance Publications
.406 Ventures
Thrive Capital
Goldman Sachs
Founders Fund
Marc Benioff
Total Capital raised:
$73M
Current status:
Operational and the company raised its Series B in July 2014
9. Alloy Digital $30M (2013)
Industry:
Advertising
Investors in the Round:
ZelnickMedia
ABS Capital Partners
Total Capital raised:
$73M
Current status:
Company merged with Break Media in October of 2013
9. INVISION $30M (2008)
Industry:
Software
Investors in the Round:
CIBC World Markets
ABS Capital Partners
Total Capital raised:
$44.6M
Current status:
Operational
9. Zoom Media And Marketing $30M (2009)
Industry:
Advertising
Investors in the Round:
ABS Capital Partners
Total Capital raised:
$30M
Current status:
Operational
8. Fresh Direct $31M (2003)
Industry:
E-Commerce
Investors in the Round:
Not disclosed
Total Capital raised:
$91M
Current status:
Operational
7. Digital Ocean $37M (2014)
Industry:
Cloud Computing
Investors in the Round:
Andreessen Horowitz
CrunchFund
IA Ventures
Total Capital raised:
$40.2M
Current status:
Operational
6. Squarespace $38.5M (2010)
Industry:
Software
Investors in the Round:
Index Ventures
Accel Partners
Total Capital raised:
$78.5M
Current status:
Operational and the company raised its Series B in April 2014
5. Oscar $40M (2013)
Industry:
Healthcare
Investors in the Round:
BoxGroup
Thrive Capital
Khosla Ventures
General Catalyst Partners
Founders Fund
Red Swan Ventures
Total Capital raised:
$150M
Current status:
Operational and the company just raised another $80M this year in its Series A-2.
5. Undertone $40M (2008)
Industry:
Advertising
Investors in the Round:
ORIX Venture Finance
JMI Equity
Total Capital raised:
$40M
Current status:
Operational
4. Joost $45M (2007)
Industry:
Video
Investors in the Round:
Li Ka-shing
Sequoia Capital
Index Ventures
Total Capital raised:
$45M
Current status:
The assets of Joost were acquired by the Adconion Media Group in 2009.
3. Cellfish $50M (2006)
Industry:
Apps
Investors in the Round:
Trio Capital
Desjardins Venture Capital
Caisse de Depot et Placement du Quebec
Total Capital raised:
$60M
Current status:
Operational
2. AppSense $70M (2011)
Industry:
Enterprise
Investors in the Round:
Goldman Sachs
Total Capital raised:
$71M
Current status:
Operational
1. Oscar $150M (2014)
Industry:
Healthcare
Investors in the Round:
- Thrive Capital
- Khosla Ventures
- General Catalyst Partners
- Founders Fund
- Stanley Druckenmiller
- Jim Breyer
- Joe Lonsdale
Total Capital raised:
$150M
Current status:
Operational
