Today, I take a look at the 15 companies that have raised the largest FinTech startup funding rounds in the US 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.
CLICK HERE TO SEE THE 15 US FINANCE COMPANIES THAT RAISED THE LARGEST ROUNDS IN 2016
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NOW ON TO THE 2016 TOP 15 US FINTECH FUNDING ROUNDS
- Varo Money $27M
Round: Venture
Investors in the Round:
Warburg Pincus
Total Capital raised:
$59.73M
- Lend Street Financial $28M
Round: Venture
Investors in the Round:
Flock Specialty Finance
Total Capital raised:
$28M
- Acorns $30M
Round: Series D
Investors in the Round:
Point72 Ventures, e.ventures, PayPal, MATH Venture Partners
Total Capital raised:
$61.96M
- AlphaSense $33M
Round: Venture
Investors in the Round:
Tribeca Venture Partners (lead), Quantum Strategic Partners (lead)l, First Fellow Partners, Tom Glocer, Triangle Peak Partners
Total Capital raised:
$35M
- Remitly $38.5M
Round: Series D
Investors in the Round:
Silicon Valley Bank, International Finance Corporation
Total Capital raised:
$100M
- Open Lending $40M
Round: Venture
Investors in the Round:
Bregal Sagemount
Total Capital raised:
$50M
- BlueVine $40M
Round: Series C
Investors in the Round:
Menlo Ventures, Rakuten, 83North, Lightspeed
Total Capital raised:
$113M
- Plaid $44M
Round: Series B
Investors in the Round:
Goldman Sachs, New Enterprise Associates, Spark Capital, BoxGroup, GV
Total Capital raised:
$59.3M
- LendUp $47.5M
Round: Series C
Investors in the Round:
Y Combinator (lead), Radicle Impact, SV Angel, Bronze Investments, Susa Ventures, Data Collective, QED Investors, Thomvest Ventures, GV
Total Capital raised:
$111.5M
- BlueVine $49M
Round: Series D
Investors in the Round:
Silicon Valley Bank, Rakuten FinTech Fund, Citi Ventures, 83North, Menlo Ventures, Lightspeed Venture Partners
Total Capital raised:
$113M
- LendUp $50M
Round: Series B
Investors in the Round:
Data Collective (lead), Susa Ventures (lead), Kapor Capital, SV Angel, Radicle Impact, Bronze Investments, GV, Yuri Milner
Total Capital raised:
$111.5
- InstaMed $50M
Round: Venture
Investors in the Round:
Carrick Capital Partners
Total Capital raised:
$125.63M
- Ripple $55M
Round: Series B
Investors in the Round:
SBI Investment (lead), Blockchain Capital, Abstract Ventures, Accenture, Venture51, Seagate Technology LLC, CME Ventures, Santander InnoVentures, SCB Digital Ventures, Standard Chartered Bank
Total Capital raised:
$93.6M
- Fantex $18M
Round: Series B
Investors in the Round:
Boston Millennia Partners
Total Capital raised:
$21.76M
- Tradeshift $75M
Round: Series D
Investors in the Round:
Data Collective
Total Capital raised:
$190.68M
- Personal Capital $75M
Round: Series E
Investors in the Round:
IGM Financial
Total Capital raised:
$225.3M
- Affirm $100M
Round: Series D
Investors in the Round:
Morgan Stanley
Total Capital raised:
$520M
- Payoneer $180M
Round: Series E
Investors in the Round:
Susquehanna Growth Equity, TCV
Total Capital raised:
$270M