Today, I take a look at the 15 companies that have raised the largest NYC FinTech startup funding rounds in 2016 using some data from our friends at Crunchbase. In addition to dollar amount, I have included type of round, investors, and total dollar amount raised by the startup to further the analysis.
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The analysis in this report is presented by Coworkrs FiDi:
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NOW ON TO THE 2016 TOP 15 NYC FINTECH FUNDING ROUNDS
- Octane Lending $6.4M
Round: Series A
Investors in the Round:
Lead – Berenson & Company, Lead – IA Ventures
Total Capital raised:
$7.85M
- Digital Asset $7.2M
Round: Undisclosed
Investors in the Round:
ASX Limited
Total Capital raised:
$67.2M
- Pave $8M
Round: Series A
Investors in the Round:
Lead – Maxfield Capital
Total Capital raised:
$8M
- Ellevest $9M
Round: Undisclosed
Investors in the Round:
Ulu Ventures, Venus Williams, Mellody Hobson, Aspect Ventures, Jennifer Fonstad, Theresia Gouw, Sonja Perkins, Nellie Levchin, Max Levchin, Karen Boezi, Khosla Ventures, Astia Angels, Miriam Rivera
Total Capital raised:
$19M
- Stash $9.25M
Round: Series A
Investors in the Round:
Lead – Goodwater Capital, Lead – Valar Ventures, Entree Capital
Total Capital raised:
$38.75M
- SprinkleBit $10M
Round: Series A
Investors in the Round:
Lead – GTC
Total Capital raised:
$13.7M
- T-REX $10M
Round: Series B
Investors in the Round:
Lead – Safeguard Scientifics, Ecosystem Integrity Fund
Total Capital raised:
$10M
- Lemonade $13M
Round: Undisclosed
Investors in the Round:
Lead – XL Innovate
Total Capital raised:
$60M
- Droit Financial Technologies $16M
Round: Series A
Investors in the Round:
Goldman Sachs, Wells Fargo & Company, Pivot Investment Partners, DRW Venture Capital
Total Capital raised:
$16M
- Advisor Engine $20M
Round: Series A
Investors in the Round:
Lead – WisdomTree
Total Capital raised:
$26.74M
- Bizfi $20M
Round: Undisclosed
Investors in the Round:
Lead – Metropolitan Equity Partners LLC
Total Capital raised:
$20M
- Pearl Capital $20M
Round: Undisclosed
Investors in the Round:
Lead – Arena Investors, LLC
Total Capital raised:
$20M
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Coworkrs offers 24/7 headache-free access to all the office services and amenities you need to focus on your business. From beautiful open lounge spaces, to shared desks and private office suites, we provide our members with everything they need to focus on their work. Our collaborative and comfortable environment welcomes all. Move your company to Coworkrs today!
- Stash $25M
Round: Series B
Investors in the Round:
Lead – Valar Ventures, Goodwater Capital, Entree Capital, Breyer Capital
Total Capital raised:
$38.75M
- Behalf $30M
Round: Series C
Investors in the Round:
Lead – Viola Growth, MissionOG, Sequoia Capital, Spark Capital, Vintage
Total Capital raised:
$156M
- Better Mortgage $30M
Round: Series A
Investors in the Round:
Moderne Ventures, Pine Brook Partners, KCK, Goldman Sachs, IA Ventures
Total Capital raised:
$30M
- Lemonade $34M
Round: Series B
Investors in the Round:
Lead – General Catalyst Partners, Sequoia Capital, Tusk Ventures, XL Innovate, GV, Thrive Capital, Aleph
Total Capital raised:
$60M
- Cadre $50M
Round: Series B
Investors in the Round:Not disclosed
Total Capital raised:
$68.3M
- Betterment $100M
Round: Series E
Investors in the Round:
Lead – Kinnevik AB, Menlo Ventures, Francisco Partners, Bessemer Venture Partners, Globespan Capital Partners, Citi Ventures, Anthemis Group
Total Capital raised:
$205M