Today, we take a look at the 20 companies that have raised the largest startup funding rounds in New York City in 2018 using some data from our friends at Crunchbase. In addition to the dollar amount, we have included a brief description. industry, round type, total equity funding raised, funding round details, links to full interviews with the CEOs and Founders of these fast-growing companies. Lastly, in order to maintain a focus on conventional tech-enabled startups, pharmaceutical, financing, real estate, and biotech companies were removed from the data.
Quick Findings:
- The 20 largest startup funding rounds in NYC in 2018 total $4B Tweet This
- The total startup funding raised in NYC in 2018 was over $11.05B Tweet This
- The top 20 startup funding rounds comprise 36% of the total dollar amount raised in NYC in 2018 Tweet This
- 14.81% of the largest startup rounds in NYC in 2018 were for companies founded by at least 1 woman; down from 20.83% in 2017 Tweet This
- 11.11% of the largest startup rounds in NYC in 2018 were for companies with a single founder; up from 8.33% in 2017 Tweet This
CLICK HERE TO SEE THE 20 NYC COMPANIES THAT RAISED THE LARGEST ROUNDS IN 2018
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20. BrightFarms $55M
Round: Series D
Description: BrightFarms is pioneering the future of local, low-impact farming.
Industry: Agriculture, Farming, Food Processing, Hydroponics
Total equity funding raised to date: $112.9M
Funding round details: BrightFarms operates local greenhouses in NYC to provide people across the country with fresh produce. Founded by Paul Lightfoot and Ted Caplow it 2011, it just raised $55M in Series D funding from investors that include NGEN Partners, Catalyst Investors, Cox Enterprises, and WP Global Partners. This profitable company has raised a total of $112.9M over six rounds.
The AlleyWatch audience is driving progress and innovation on 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 including sponsoring a report like this. Find out how AlleyWatch can drive targeted response for your organization in 2019 by clicking here.
19. BetterCloud $60M
Round: Series E
Description: BetterCloud is the first SaaS Operations Management platform, empowering IT to define, remediate, and enforce policies for SaaS applications
Industry: Apps, Cloud Security, Enterprise Software, SaaS, Software
Total equity funding raised to date: $106.85M
Funding round details: BetterCloud’s Series E funding
Nominations are closing soon for AlleyWatch’s 2019 NYC Tech Influencers feature.
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19. Namely $60M
Round: Series E
Description: Namely is an all-in-one platform that manages all HR data in one place, with personalized service to help companies get better and faster.
Industry: Enterprise Software, Human Resources, Management Information Systems, Software
Total equity funding raised to date: $217.8M
Funding round details: HR Platform Namely has raised $60M in funding led by GGV Capital. Also participating in the round were Sequoia Capital, Matrix Partners, and True Ventures. Namely, founded by ousted CEO Matt Straz in 2012, has now raised a total of $217.8M in funding over eleven funding rounds.
The AlleyWatch audience is driving progress and innovation on 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 including sponsoring a report like this. Find out how AlleyWatch can drive targeted response for your organization in 2019 by clicking here.
19. Claroty $60M
Round: Series B
Description: Claroty is a cybersecurity software company focused on protecting industrial control networks (ICS – A.K.A OT or Operational Technology)
Industry: Cyber Security, Industrial, Network Security, Security
Total equity funding raised to date: $92M
Funding round details: Claroty, the cybersecurity software startup focused on industrial control networks, has raised $60M in Series B funding from investors that include Bessemer Venture Partners, Temasek Holdings, Innovation Endeavors, ICV, Siemens AG, Envision Ventures, Schneider Electric, Team8, and Rockwell Automation. Founded by Amir Zilberstein, Benny Porat, and Galina Antova in 2014, Claroty has now raised a total of $92M in funding.
Nominations are closing soon for AlleyWatch’s 2019 NYC Tech Influencers feature.
Know someone amazing who belongs on this list? Nominate them today here. The nomination deadline has been extended until 1/10. Looking to drive targeted response from the NYC Tech community at scale in 2019, learn more about partnering with AlleyWatch on this initiative here to reach your target audience at scale.
19. Trumid Financial $60M
Round: Venture
Description: Trumid is a financial technology company bringing efficiency to credit trading through data, technology and innovative products.
Industry: Electronics, FinTech, Marketplace, Trading Platform
Total equity funding raised to date: $142.25M
Funding round details: An impressive roster of investors including Peter Thiel, Deutsche Borse, George Soros, and Singapore Exchange Limited have invested $53M in Ronnie Mateo’s startup Trumid Financial, a trading platform for credit products founded in 2014. TruMid has now raised slightly over $135M.
The AlleyWatch audience is driving progress and innovation on 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 including sponsoring a report like this. Find out how AlleyWatch can drive targeted response for your organization in 2019 by clicking here.
18. Paxos $65M
Round: Series B
Description: Paxos is on a mission to modernize finance by mobilizing assets at the speed of the internet.
Industry: Finance, Financial Services, FinTech
Total equity funding raised to date: $93.25M
Funding round details: Paxos, the fintech company bringing blockchain solutions to financial institutions that was founded by Charles Cascarilla and Richmond Teo in 2013, has raised $65M in Series B funding. Paxos has now raised a total of $93.3M in funding over three funding rounds and this round includes investment from RRE Ventures and Liberty City Ventures.
Nominations are closing soon for AlleyWatch’s 2019 NYC Tech Influencers feature.
Know someone amazing who belongs on this list? Nominate them today here. The nomination deadline has been extended until 1/10. Looking to drive targeted response from the NYC Tech community at scale in 2019, learn more about partnering with AlleyWatch on this initiative here to reach your target audience at scale.
17. Latch $70M
Round: Series B
Description: Latch makes access easier for everyone at a modern building.
Industry: Apps, Hardware, Security, Smart Home, Software
Total equity funding raised to date: $96M
Funding round details: Latch’s Series B Funding
The AlleyWatch audience is driving progress and innovation on 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 including sponsoring a report like this. Find out how AlleyWatch can drive targeted response for your organization in 2019 by clicking here.
16. The Wing $75M
Round: Series C
Description: The Wing is a network of work and community spaces designed for women.
Industry: Communities, Coworking, Women’s
Total equity funding raised to date: $117.5M
Funding round details: The Wing, the coworking space for women, has raised $75M in Series C funding from investors that include New Enterprise Associates, Sequoia Capital, Upfront Ventures, Airbnb, and WeWork. Founded in 2016 by Audrey Gelman and Lauren Kassan, The Wing has now raised a total of $117.5M over a total of five rounds.
Nominations are closing soon for AlleyWatch’s 2019 NYC Tech Influencers feature.
Know someone amazing who belongs on this list? Nominate them today here. The nomination deadline has been extended until 1/10. Looking to drive targeted response from the NYC Tech community at scale in 2019, learn more about partnering with AlleyWatch on this initiative here to reach your target audience at scale.
16. fuboTV $75M
Round: Series D
Description: fuboTV is an OTT subscription service that streams premium sports and live channels.
Industry: Digital Entertainment, Sports, Subscription Service
Total equity funding raised to date: $150.6M
Funding round details: Streaming OTT service fuboTV has raised $75M in Series D funding from investors that include Northzone, Sky, Luminari Capital, 21st Century Fox, Scripps Networks, and AMC Networks. Founded by Alberto Horihuela, David Gandler, and Sung Ho Choi in 2014, FuboTV has now raised a total of $150.6M over six funding rounds.
The AlleyWatch audience is driving progress and innovation on 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 including sponsoring a report like this. Find out how AlleyWatch can drive targeted response for your organization in 2019 by clicking here.
16. Warby Parker $75M
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
Total equity funding raised to date: $290M
Funding round details: Eyewear retailer Warby Parker has raised an additional $75M in funding led by T. Rowe Price. Founded by Andrew Hunt, David Gilboa, Jeffrey Raider, and Neil Blumenthal in 2010, Warby Parker has raised a total of $290.5M in funding. The company raised this round on a $1.75B valuation according to reports.
Nominations are closing soon for AlleyWatch’s 2019 NYC Tech Influencers feature.
Know someone amazing who belongs on this list? Nominate them today here. The nomination deadline has been extended until 1/10. Looking to drive targeted response from the NYC Tech community at scale in 2019, learn more about partnering with AlleyWatch on this initiative here to reach your target audience at scale.
15. Sisense $80M
Round: Series E
Description: Sisense simplifies business analytics for complex data by providing a complete solution for preparing, analyzing and visualizing big data.
Industry: Analytics, Big Data, Business Intelligence, Data Visualization, Enterprise Software, Information Technology
Total equity funding raised to date: $174M
Funding round details: Sisense’s Series E Funding
The AlleyWatch audience is driving progress and innovation on 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 including sponsoring a report like this. Find out how AlleyWatch can drive targeted response for your organization in 2019 by clicking here.
15. Braze $80M
Round: Series E
Description: Braze (formerly Appboy) is a customer engagement platform that delivers messaging experiences across push, email, in-product, and more.
Industry: Analytics, CRM, Marketing, Marketing Automation, Mobile, SaaS, Software
Total equity funding raised to date: $175.1M
Funding round details: Braze’s Series E funding
Nominations are closing soon for AlleyWatch’s 2019 NYC Tech Influencers feature.
Know someone amazing who belongs on this list? Nominate them today here. The nomination deadline has been extended until 1/10. Looking to drive targeted response from the NYC Tech community at scale in 2019, learn more about partnering with AlleyWatch on this initiative here to reach your target audience at scale.
14. ClassPass $85M
Round: Series D
Description: ClassPass is a subscription marketplace that lets users find and book fitness classes.
Industry: Consumer Applications, Fitness, Health Care, Subscription Service
Total equity funding raised to date: $239M
Funding round details: Fitness booking engine ClassPass has raised $85M in Series D funding led by Temasek with participation from L Catterton’s Growth Fund.
The AlleyWatch audience is driving progress and innovation on 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 including sponsoring a report like this. Find out how AlleyWatch can drive targeted response for your organization in 2019 by clicking here.
13. Ro $88M
Round: Series A
Description: Ro is a mission-driven healthcare technology company that handles everything from online diagnosis to the delivery of medication.
Industry: Fitness, Health Care, Wellness
Total equity funding raised to date: $91.1M
Funding round details: Ro’s Series A funding
Nominations are closing soon for AlleyWatch’s 2019 NYC Tech Influencers feature.
Know someone amazing who belongs on this list? Nominate them today here. The nomination deadline has been extended until 1/10. Looking to drive targeted response from the NYC Tech community at scale in 2019, learn more about partnering with AlleyWatch on this initiative here to reach your target audience at scale.
12. Bowery Farming $90M
Round: Series B
Description: Bowery Farming uses high-tech approaches such as robotics, LED lightning and data analytics to grow leafy greens indoors
Industry: Agriculture, Farming, Food and Beverage, Organic Food, Robotics
Total equity funding raised to date: $117.5M
Funding round details: Indoor farming startup Bowery Farming has raised $90M in funding from investors that include GV (formerly Google Ventures), Temasek, Almanac Ventures, General Catalyst, GGV Capital, and First Round Capital. Founded by Brian Falther, David Golden, and Irving Fain in 2015, Bowery Farming has now raised a total of $117.5M in funding over three rounds.
The AlleyWatch audience is driving progress and innovation on 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 including sponsoring a report like this. Find out how AlleyWatch can drive targeted response for your organization in 2019 by clicking here.
11. Enigma $95M
Round: Series C
Description: Enigma links internal data with real-world data to bring contextual intelligence to bear on critical decisions.
Industry: Big Data, Compliance, Enterprise Software, GovTech, Open Source
Total equity funding raised to date: $129.64M
Funding round details: Enigma’s Series C funding
Nominations are closing soon for AlleyWatch’s 2019 NYC Tech Influencers feature.
Know someone amazing who belongs on this list? Nominate them today here. The nomination deadline has been extended until 1/10. Looking to drive targeted response from the NYC Tech community at scale in 2019, learn more about partnering with AlleyWatch on this initiative here to reach your target audience at scale.
10. Zola $100M
Round: Series D
Description: Zola is the fastest growing wedding company in the country, reinventing the wedding planning and registry experience.
Industry: E-Commerce, Internet, Shopping, Wedding
Total equity funding raised to date: $140.8M
Funding round details: Zola’s Series D Funding
Nominations are closing soon for AlleyWatch’s 2019 NYC Tech Influencers feature.
Know someone amazing who belongs on this list? Nominate them today here. The nomination deadline has been extended until 1/10. Looking to drive targeted response from the NYC Tech community at scale in 2019, learn more about partnering with AlleyWatch on this initiative here to reach your target audience at scale.
9. Dataiku $101M
Round: Series C
Description: Dataiku develops Data Science Studio, the tool that lets data scientists and analysts do machine learning on any (dirty) data.
Industry: Analytics, Artificial Intelligence, Big Data, Data Integration, Enterprise Software, Machine Learning
Total equity funding raised to date: $146.71M
Funding round details: Dataiku, data collaboration platform, has raised $101M in Series C funding from investors that include Battery Ventures, FirstMark, Alven Capital, ICONIQ Capital, and Dawn Capital. Founded by Clément Stenac, Florian Douetteau, Marc Batty, and Thomas Cabrol in 2013, Dataiku has now raised a total of $146.7M in total funding over five funding rounds.
Nominations are closing soon for AlleyWatch’s 2019 NYC Tech Influencers feature.
Know someone amazing who belongs on this list? Nominate them today here. The nomination deadline has been extended until 1/10. Looking to drive targeted response from the NYC Tech community at scale in 2019, learn more about partnering with AlleyWatch on this initiative here to reach your target audience at scale.
8. Boxed $111M
Round: Series D
Description: Boxed is a commerce company focused on delivering the big box club experience.
Industry: Apps, E-Commerce, Grocery, Mobile, Shopping, Software, Wholesale
Total equity funding raised to date: $243.6M
Funding round details: Bulk grocery delivery startup Boxed has raised $111M in Series D funding led by Aeon with participation from Alpha Square Group, CDIB Capital, Gabriel Naouri, and existing investors. Boxed, founded in 2013 by Chieh Huang, Christopher Cheung, Jared Yaman, and William Fong, has now raised a total of $243.6M in funding over five funding rounds.
The AlleyWatch audience is driving progress and innovation on 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 including sponsoring a report like this. Find out how AlleyWatch can drive targeted response for your organization in 2019 by clicking here.
7. Oscar Health $165M
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
Total equity funding raised to date: $1.268B
Funding round details: Oscar Health has raised an additional $375M in funding from Alphabet. Founded by Joshua Kushner, Kevin Nazemi, and Mario Schlosser in 2013, Oscar Health has now raised a total of $1.3B in funding.
Nominations are closing soon for AlleyWatch’s 2019 NYC Tech Influencers feature.
Know someone amazing who belongs on this list? Nominate them today here. The nomination deadline has been extended until 1/10. Looking to drive targeted response from the NYC Tech community at scale in 2019, learn more about partnering with AlleyWatch on this initiative here to reach your target audience at scale.
7. Invision $115M
Round: Series F
Description: InVision is the digital product design platform used to make the world’s best customer experiences.
Industry: Apps, Collaboration, Internet, Mobile, Product Design, SaaS, UX Design
Total equity funding raised to date: $350.2M
Funding round details: Design collaboration platform Invision has raised $115M in Series G funding from investors that include Spark Capital, Goldman Sachs, Battery Ventures, ICONIQ Capital, Atlassian, Tiger Global Management, FirstMark, and Geodesic Capital. Founded by Ben Nadel and Clark Valberg in 2011, Invision has now raised a total of $350.2M in funding over seven rounds.
The AlleyWatch audience is driving progress and innovation on 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 including sponsoring a report like this. Find out how AlleyWatch can drive targeted response for your organization in 2019 by clicking here.
6. Vroom $146M
Round: Series G
Description: Vroom is an online direct car retailer that makes car-buying and selling fast and easy.
Industry: Automotive, Customer Service, E-Commerce, FinTech
Total equity funding raised to date: $405.25M
Funding round details: Vroom’s Series G Funding
Nominations are closing soon for AlleyWatch’s 2019 NYC Tech Influencers feature.
Know someone amazing who belongs on this list? Nominate them today here. The nomination deadline has been extended until 1/10. Looking to drive targeted response from the NYC Tech community at scale in 2019, learn more about partnering with AlleyWatch on this initiative here to reach your target audience at scale.
5. Oscar Health $375M
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
Total equity funding raised to date: $1.268B
Funding round details: Oscar Health has raised an additional $375M in funding from Alphabet. Founded by Joshua Kushner, Kevin Nazemi, and Mario Schlosser in 2013, Oscar Health has now raised a total of $1.3B in funding as its valuation approaches north of $5B.
The AlleyWatch audience is driving progress and innovation on 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 including sponsoring a report like this. Find out how AlleyWatch can drive targeted response for your organization in 2019 by clicking here.
4. UiPath $265M
Round: Series C
Description: UiPath designs and develops robotic process automation software.
Industry: Data Center Automation, Enterprise Software, Information Services, Information Technology, Robotics
Total equity funding raised to date: $448M
Funding round details: UiPath’s Series C Funding
Nominations are closing soon for AlleyWatch’s 2019 NYC Tech Influencers feature.
Know someone amazing who belongs on this list? Nominate them today here. The nomination deadline has been extended until 1/10. Looking to drive targeted response from the NYC Tech community at scale in 2019, learn more about partnering with AlleyWatch on this initiative here to reach your target audience at scale.
3. Compass $400M
Round: Series F
Description: Compass is building the first modern real estate platform, pairing the industry_ã_s top talent with technology.
Industry: E-Commerce Platforms, Local, Mobile, Property Management, Real Estate
Total equity funding raised to date: $1.158B
Funding round details: Real estate workflow platform Compass has raised an additional $400M in Series F funding from investors that include IVP (Institutional Venture Partners), Fidelity Investments, Softbank Vision Fund, and Qatar Investment Authority on a $4B pre-money valuation. Founded by Ori Allon, Robert Reffkin, and Ugo Di Girolamo in 2012, Compass has now raised a total of $1.2B over nine funding rounds.
The AlleyWatch audience is driving progress and innovation on 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 including sponsoring a report like this. Find out how AlleyWatch can drive targeted response for your organization in 2019 by clicking here.
2. Letgo $500M
Round: Series E
Description: Letgo is a second-hand shopping app that helps users buy and sell locally.
Industry: Apps, E-Commerce, Marketplace, Shopping
Total equity funding raised to date: $975M
Funding round details: Letgo’s Series E funding
Nominations are closing soon for AlleyWatch’s 2019 NYC Tech Influencers feature.
Know someone amazing who belongs on this list? Nominate them today here. The nomination deadline has been extended until 1/10. Looking to drive targeted response from the NYC Tech community at scale in 2019, learn more about partnering with AlleyWatch on this initiative here to reach your target audience at scale.
1. Peloton $550M
Round: Series F
Description: Peloton uses technology and design to connect the world through fitness, empowering people to be the best version of themselves.
Industry: Content, Customer Service, Cycling, Fitness, Hardware, Online Portals, Technical Support, Video Streaming
Total equity funding raised to date: $994.4M
Funding round details:
Nominations are closing soon for AlleyWatch’s 2019 NYC Tech Influencers feature.
Know someone amazing who belongs on this list? Nominate them today here. The nomination deadline has been extended until 1/10. Looking to drive targeted response from the NYC Tech community at scale in 2019, learn more about partnering with AlleyWatch on this initiative here to reach your target audience at scale.
