CNBC recently released its Upstart100 list of startups to watch for 2018. Among the companies included were 16 NYC Startups. These companies were selected after an open nomination process and must:
- Be Pre Series B
- Have raised no more than $50M
- Been founded after January 1, 2013.
The companies are a testament to the breadth and diversity of the tech ecosystem in New York, spanning across a number of industries. CNBC evaluated the startups on scalability, sales growth, user/customer growth, workforce diversity, access to capital and community, intellectual property, and industry size and industry life cycle stage.
I’ve highlighted the NYC startups (companies that are founded, based, and headquartered in NYC proper) that made the list from 125 NYC nominees and have included some additional information to provide further insight including funding details, year of founding, and links to any applicable AlleyWatch coverage (we’ve covered 11 out of the 16). The companies are listed in no particular order.
USE THE ARROWS BELOW TO NAVIGATE TO THE NYC STARTUPS THAT MADE THE UPSTART100 FOR 2018
Verifly
Founded in 2016, Verifly is an insurance producer headquartered in New York, New York. Verifly’s most recent funding was in 2017 and the company raised $4.2M. Verifly has raised a total of $6.9M in equity funding over two rounds.
Industry: Financial Services, FinTech, Insurance, InsurTech, Mobile
Total funding raised: $6.9M
This NYC Startup Makes Short Term Insurance Accessible to Freelancers Through One Click
Sure
Founded in 2014, Sure is the newest innovation in personal insurance. We’re launching on-demand insurance worldwide in 2016. Sure’s most recent funding was in 2017 and the company raised $8M. Sure has raised a total of $10.6M in equity funding over three rounds.
Industry: Insurance, Internet, Mobile Apps, Software
Total funding raised: $10.6M
Bulletin
Founded in 2015, Bulletin is a Wework for retail space that features products from female-led brands. Bulletin’s most recent funding was in 2017 and the company raised $2.2M. Bulletin has raised a total of $2.2M in equity funding over two rounds.
Industry: Content, E-Commerce, Marketplace, Retail, Sharing Economy
Total funding raised: $2.2M
Clarifai
Founded in 2013, Clarifai provides advanced image recognition systems for customers to detect near-duplicates and visual searches. Clarifai’s most recent funding was in 2016 and the company raised $30M. Clarifai has raised a total of $40M in equity funding over three rounds.
Industry: Artificial Intelligence, Computer Vision, Developer APIs, Enterprise, Image Recognition, Machine Learning, Software, Visual Search
Total funding raised: $40M
MealPal
Founded in 2016, MealPal is a subscription service that provides members with affordable daily lunch options from restaurants near where they live or work. MealPal’s most recent funding was in 2017 and the company raised $20M. MealPal has raised a total of $35M in equity funding over two rounds.
Industry: Food and Beverage, Internet, Restaurants
Total funding raised: $35M
This NYC Startup Just Raised $20M to Make Lunch and Now Dinner Efficient
KIDBOX
Founded in 2015, KIDBOX delivers personalized experiences through curated premiere brands with a new, easy and fun way for parents and kids to shop from home KIDBOX’s most recent funding was in 2018 and the company raised $15.3M. KIDBOX has raised a total of $28.3M in equity funding over three rounds.
Industry: Children, E-Commerce, Lifestyle, Personalization, Retail, Retail Technology
Total funding raised: $28.3M
This NYC Startup Raised $15.3M to Make Shopping For Your Kids Exciting
Founded in 2016, Electric is the world’s first all-in-one IT support solution for small and midsize offices delivered in real-time. Electric’s most recent funding was in 2018 and the company raised $9.25M. Electric has raised a total of $12.25M in equity funding over three rounds.
Industry: Information Technology, Machine Learning, Small and Medium Businesses
Total funding raised: $12.25M
Keeps
Founded in 2017, Keeps is the easiest way to keep your hair. Keeps’s most recent funding was in 2017 and the company raised $7.5M.
Industry: Health Care, Men’s, Pharmaceutical, Wellness
Total funding raised: $7.5M
Candid
Founded in 2017, Candid helps people get the smile they’ve always wanted at a price they can afford. Candid’s most recent funding was in 2017 and the company raised $15M. Candid has raised a total of $15M in equity funding over three rounds.
Industry: Beauty, Dental, Personal Health
Total funding raised: $15M
These 20 NYC Startups Raised the Most Amount of Capital During Q4 of 2017
Glow Recipe
Founded in 2014, Glow Recipe is the destination for natural Korean beauty, curated by industry experts. Glow Recipe has not yet raised an external financing.
Industry: Beauty, Cosmetics, Online Portals
Total funding raised: No outside funding raised
Blockstack
Founded in 2013, Blockstack is a new internet for decentralized apps where users own their data directly. Blockstack’s most recent funding was in 2017 and the company raised $52.8M. Blockstack has raised a total of $58.13M in equity funding over five rounds.
Industry: Bitcoin, Developer Platform, Open Source
Total funding raised: $58.13M
Founded in 2015, Hive is the productivity platform behind Uber, Starbucks, WeWork, Pinterest and thousands of fast-moving companies around the world. Hive’s most recent funding was in 2017 and the company raised $4M. Hive has raised a total of $5.4M in equity funding over two rounds.
Industry: Collaboration, Enterprise Software, Internet, SaaS
Total funding raised: $5.4M
Founded in 2015, CoverWallet is an online platform that offers insurance management services to its clients. CoverWallet’s most recent funding was in 2018 and the company raised $18.5M. CoverWallet has raised a total of $28.3M in equity funding over five rounds.
Industry: FinTech, Insurance
Total funding raised: $28.3M
This NYC Startup Just Raised $18.5M to Bring You Insurance Powered by Technology
Founded in 2014, InsureTech startup specializing in Real Estate TheGuarantors’s most recent funding was in 2017 and the company raised $11.72M. TheGuarantors has raised a total of $11.72M in equity funding over two rounds.
Industry: Credit, FinTech, Insurance, Real Estate
Total funding raised: $11.72M
This NYC Startup Raised $11.7M to Take The Apartment Renting Process Out of the Stone Age
Narrativ
Founded in 2015, Narrativ is a media technology company that is reshaping the media and commerce infrastructure. Narrativ’s most recent and only funding round was in 2015 and the company raised $3M.
Industry: Artificial Intelligence, Digital Marketing, Retail Technology
Total funding raised: $3M
FINERY
Founded in 2016, FINERY is a type of online wardrobe that keeps track of user purchases and offers customized outfits. FINERY’s most recent funding was in 2018 and the company raised $5M. FINERY has raised a total of $5M in equity funding over two rounds.
Industry: E-Commerce, Lifestyle, Shopping
Total funding raised: $5M
