Armed with some data from our friends at CrunchBase, I broke down the 10 largest rounds in New York during the month of August. I have included some additional information such as industry, round type, investors in the round, and date of funding to further the analysis for the state of venture capital in NYC. Funding in August was quite robust for the summer with over $500M raised. To maintain a focus on tech-enabled startups, real estate and biotech companies were excluded.
CLICK HERE TO SEE THE 10 LARGEST ROUNDS IN NYC IN AUGUST 2017
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- New York Shipping Exchange (NYSHEX) $13,000,000
Round: Series A
Industry: Transportation
Date of funding: 08/24
Investors: Lead – Goldman Sachs, Lead – GE Ventures, Tecton Capital Partners LLC, On Grid Ventures, New York Angels, Tectonic Capital, Blumberg Capital
- Socure $13,900,000
Round: Series B
Industry: FinTech, Identity Management, Machine Learning, Security, Social Media
Date of funding: 08/09
Investors: Lead – Commerce Ventures, Santander InnoVentures, Flint Capital, Two Sigma Ventures, Work-Bench
- Gimlet Media $15,000,000
Round: Series B
Industry: Digital Media, Media and Entertainment, News
Date of funding: 08/02
Investors: Lead – Stripes Group, Cross Culture Ventures, Emerson Collective, Betaworks
- Signals Analytics $25,000,000
Round: Series C
Industry: Analytics, Big Data, Business Intelligence, Intelligent Systems, Product Design
Date of funding: 08/08
Investors: Lead – Pitango Venture Capital, Qumra Capital, Sequoia Capital
- ALICE $26,000,000
Round: Series B
Industry: Hospitality, Mobile, Service Industry
Date of funding: 08/30
Investors: Lead – Expedia
- Ellevest $32,458,913
Round: Venture
Industry: Financial Services, Impact Investing, Women’s
Date of funding: 08/23
Investors: Venus Williams, Mohamed El-Erian
- AbleTo $36,600,000
Round: Series D
Date of funding: 08/23
Investors: Lead – Bain Capital Ventures, HLM Venture Partners, Aetna,.406 Ventures, Sandbox Industries, Horizon Healthcare Services
- Appboy $50,000,000
Round: Series D
Industry: Analytics, Apps, Marketing Automation, Mobile, Software
Date of funding: 08/09
Investors: Lead – ICONIQ Capital, InVision
- Establishment Labs $55,000,000
Round: Venture
Industry: Health Care, Manufacturing, Medical Device
Date of funding: 08/28
Investors: Lead – Madryn Asset Management
- Bread $126,000,000
Round: Series B
Industry: Consumer Lending, Financial Services, FinTech
Date of funding: 08/02
Investors: Lead – Menlo Ventures, Victory Park Capital, Cue Ball, BoxGroup, Greycroft Partners, Colle Capital Partners, Bessemer Venture Partners, RRE Ventures