Armed with some data from our friends at CrunchBase, I broke down the 10 largest NYC Startup funding rounds in New York during the month of March. I have included some additional information such as industry, brief company description, round type, total equity founding raised, and date of funding to further the analysis for the state of venture capital in NYC. 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 MARCH 2018
The AlleyWatch audience is driving progress and innovation at a global scale. Reaching more individuals in a single month than every other tech-focused organization in NYC combined, AlleyWatch is the highway for technology and entrepreneurship in New York. There are a number of options to reach this audience of the world’s most innovative organizations and startups at scale. Find out more here.
10. Burrow $14,000,000
Round: Series A
Description: Burrow is a sofa manufacturer that offers delivery services to its clients in the US.
Industry: Direct Sales, Furniture
Date of funding: 21-Mar
Total equity funding: $18,300,000
10. Eight $14,000,000
Round: Series B
Description: Eight is a technology company that develops a smart bed cover for a better night’s sleep.
Industry: Consumer Electronics, Health Care, Innovation Management
Date of funding: 8-Mar
Total equity funding: $29,446,621
9. Genius $15,000,000
Round: Venture
Description: Genius is the world’s biggest encyclopedia of music reaching over 100 million people everywhere music fans connect across the internet.
Industry: Content, Digital Media, Internet, Music, Video
Date of funding: 7-Mar
Total equity funding: $70,000,000
8. Capitolis $20,000,000
Round: Series A
Description: Capitolis is a banking and financial services company.
Industry: Banking, Collaboration, Finance, Financial Services
Date of funding: 6-Mar
Total equity funding: $30,836,263
8. Rent the Runway $20,000,000
Round: Venture
Description: Rent the Runway is an online e-commerce website that allows women to rent designer apparel and accessories.
Industry: Consumer Goods, E-Commerce, Fashion, Retail
Date of funding: 9-Mar
Total equity funding: $196,150,000
7. Hungryroot $22,000,000
Round: Series B
Description: Hungryroot offers healthy packaged foods delivered to your doorstep.
Industry: Food and Beverage, Internet
Date of funding: 22-Mar
Total equity funding: $35,400,000
7. cheddar $22,000,000
Round: Series D
Description: Cheddar is a live and on demand video news network focused on covering the most innovative products, technologies, and services.
Industry: Media and Entertainment, Video, Video Streaming
Date of funding: 19-Mar
Total equity funding: $54,000,000
6. BLADE $38,000,000
Round: Series B
Description: BLADE is an application that provides short-distance flight management solutions to its clients.
Industry: Aerospace, Crowdsourcing, Travel
Date of funding: 22-Mar
Total equity funding: $44,000,000
6. Mark43 $38,000,000
Round: Series C
Description: Mark43 develops law enforcement software that allows police to collect, manage, analyze and share information.
Industry: Analytics, Cloud Computing, GovTech, Law Enforcement, Software
Date of funding: 20-Mar
Total equity funding: $77,750,000
5. VAST Data $40,000,000
Round: Series A
Description: currently in stealth-mode
Industry: Data Storage
Date of funding: 13-Mar
Total equity funding: $40,000,000
5. Justworks $40,000,000
Round: Series D
Description: Justworks is an online platform that handles the payroll and payments procedure, benefits facilities, and compliance issues of its users.
Industry: Employee Benefits, Enterprise Software, Internet
Date of funding: 6-Mar
Total equity funding: $93,000,000
4. CommonBond $50,000,000
Round: Series D
Description: CommonBond is an online lending platform that connects borrowers and investors to make education finance better.
Industry: Education, Finance, Financial Services, Internet
Date of funding: 21-Mar
Total equity funding: $128,605,787
3. Warby Parker $75,000,000
Round: Series E
Description: Warby Parker is a lifestyle brand that offer designer eyewear at a revolutionary price while leading way for socially conscious businesses.
Industry: E-Commerce, Fashion, Retail
Date of funding: 14-Mar
Total equity funding: $290,000,000
2. UiPath $153,000,000
Round: Series B
Description: UiPath is a New York-based robotic process automation vendor.
Industry: Data Center Automation, Enterprise Software, Robotics
Date of funding: 6-Mar
Total equity funding: $183,000,000
1. Oscar Health $165,000,000
Round: Venture
Description: Oscar is a health insurance company that employs technology, design, and data to humanize health care.
Industry: Health Care, Information Technology, Insurance
Date of funding: 27-Mar
Total equity funding: $892,500,000