Over $2.5B was invested in Q1 of 2019. Find out where it went…
Today, we take a look at the companies that have raised the largest startup funding rounds in New York City in Q1 of 2019 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, and funding round details. Lastly, in order to maintain a focus on conventional tech-enabled startups, pharmaceutical, financing, real estate, and biotech companies were removed from the data.
CLICK HERE TO SEE THE 15 NYC STARTUPS THAT RAISED THE LARGEST ROUNDS IN Q1 2019
Nominations for AlleyWatch’s 2019 NYC FinTech Influencers are now open AlleyWatch. Please submit your nominations here – 2019 NYC FinTech Influencers.
IMPORTANT MESSAGE BEFORE WE GET THE FUNDINGS
Nominations for AlleyWatch’s 2019 NYC FinTech Influencers are now open AlleyWatch. Please submit your nominations here – 2019 NYC FinTech Influencers or clicking on the image above.
15. Chainalysis $30M
Round: Series B
Description: Chainalysis, the startup provided compliance and investigation solutions and services for the cryptocurrency industry, has raised $30M in Series B funding from investors that includeáAccelandáBenchmark. Founded byáJan Moller,áJonathan Levin,áMichael Gronager in 2014, Chainalysis has now raised a total of $47.6M in reported equity funding over four rounds.
Funding Month: February
Founders: Jan Moller, Jonathan Levin, Michael Gronager
Year founded: 2014
Industry: Bitcoin, Cryptocurrency, Financial Exchanges, FinTech, Software
Total equity funding raised: $47.6M
Nominations for AlleyWatch’s 2019 NYC FinTech Influencers are now open AlleyWatch. Please submit your nominations here – 2019 NYC FinTech Influencers.
15. Socure $30M
Round: Series C
Description: Identify verification and fraud prevention startup Socure has raised $30M in Series C funding from investors that include Scale Venture Partners, Commerce Ventures, Flint Capital, Two Sigma Ventures, Synchrony, and Sorenson Capital. Founded by Johnny Ayers and Sunil Madhu in 2012, Socure has now raised a total of $57.5M in funding.
Funding Month: February
Founders: Johnny Ayers, Sunil Madhu
Year founded: 2012
Industry: FinTech, Identity Management, Machine Learning, Security, Social Media
Total equity funding raised: $59.4M
Nominations for AlleyWatch’s 2019 NYC FinTech Influencers are now open AlleyWatch. Please submit your nominations here – 2019 NYC FinTech Influencers.
15. HyperScience $30M
Round: Series B
Description: HyperScience, AI-powered automation platform, has raised $30M in funding from investors that include Battery Ventures, Felicis Ventures, Global Founders Capital, FirstMark, Stripes Group, QBE Insurance Group, and TD Ameritrade. Founded by Krasimir Marinov, Peter Brodsky, and Vladimir Tzankov in 2014, HyperScience has now raised a total of $48.9M in funding over four rounds.
Funding Month: January
Founders: Krasimir Marinov, Peter Brodsky, Vladimir Tzankov
Year founded: 2014
Industry: Artificial Intelligence, Big Data, Enterprise Applications, Enterprise Software, Machine Learning, Predictive Analytics
Total equity funding raised: $48.88M
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15. Innovid $30M
Round: Series E
Description: Video marketing platform Innovid has raised $30M in funding led by Goldman Sachs Private Capital Investing. Founded in 2007 by Tal Chalozin, Zack Zigdon, and Zvika Netter, Innovid has now raised a total of $82.6m in reported equity funding over seven rounds.
Funding Month: January
Founders: Tal Chalozin, Zack Zigdon, Zvika Netter
Year founded: 2007
Industry: Ad Targeting, Advertising Platforms, Internet, Publishing, Video
Total equity funding raised: $82.6M
Nominations for AlleyWatch’s 2019 NYC FinTech Influencers are now open AlleyWatch. Please submit your nominations here – 2019 NYC FinTech Influencers.
15. Petal $30M
Round: Series B
Description: Petal, the credit card targeted towards those who have been traditionally underserved by the banking system, has raised $30M in Series B funding from investors that include RiverPark Ventures, Valar Ventures, Rosecliff Ventures, Afore Capital, Third Prime, Greyhound Capital, and Story Ventures. Founded by Andrew Endicott, David Ehrich, Jack Arenas, and Jason Gross in 2016, Petal has now raised a total of $46.6M in reported equity funding over four rounds.
Funding Month: January
Founders: Andrew Endicott, David Ehrich, Jack Arenas, Jason Gross
Year founded: 2016
Industry: Credit Cards, Financial Services, FinTech
Total equity funding raised: $46.6M
Nominations for AlleyWatch’s 2019 NYC FinTech Influencers are now open AlleyWatch. Please submit your nominations here – 2019 NYC FinTech Influencers.
14. Percolate $32M
Round: Series D
Description: Percolate is the System of Record for Marketing. Founded by James Gross and Noah Brier in 2011, Percolate has now raised a total of $106.5M in reported equity funding.
Funding Month: March
Founders: James Gross, Noah Brier
Year founded: 2011
Industry: Analytics, Asset Management, Content, Content Marketing, Enterprise Software, Project Management, SEO, Social Media
Total equity funding raised: $106.5M
Nominations for AlleyWatch’s 2019 NYC FinTech Influencers are now open AlleyWatch. Please submit your nominations here – 2019 NYC FinTech Influencers.
13. Ellevest $33M
Round: Series A
Description: Ellevest offers digital investment advice for women. Founded by Charlie Kroll and Sallie Krawcheck in 2014, Ellevest has now raised a total of $77M in reported equity funding.
Funding Month: March
Founders: Charlie Kroll, Sallie Krawcheck
Year founded: 2014
Industry: Financial Services, Impact Investing, Women’s
Total equity funding raised: $77M
Nominations for AlleyWatch’s 2019 NYC FinTech Influencers are now open AlleyWatch. Please submit your nominations here – 2019 NYC FinTech Influencers.
12. Unite Us $35M
Round: Series B
Description: Unite US provides best-in-class collaboration and coordination software, streamlining the delivery of health & human services. Founded by Andrew Price, Daniel Brillman, Kareem Elsirafy, and Taylor Justice in 2013, Unite Us has now raised a total of $45.3M in reported equity funding.
Funding Month: March
Founders: Andrew Price, Daniel Brillman, Kareem Elsirafy, Taylor Justice
Year founded: 2013
Industry: Health Care, Social CRM, Software
Total equity funding raised: $45.3M
Nominations for AlleyWatch’s 2019 NYC FinTech Influencers are now open AlleyWatch. Please submit your nominations here – 2019 NYC FinTech Influencers.
12. Kustomer $35M
Round: Series C
Description: Kustomer, the enterprise-focused customer management platform, has raised $35M in Series C funding from investors that include Battery Ventures, Redpoint Ventures, Canaan Partners, Boldstart Ventures, Social Leverage, and Cisco Investments. Founded by Brad Birnbaum and Jeremy Suriel in 2015, Kustomer has now raised a total of $73.5M in funding over four funding rounds.
Funding Month: January
Founders: Brad Birnbaum, Jeremy Suriel
Year founded: 2015
Industry: CRM, Customer Service, Enterprise, SaaS, Small and Medium Businesses
Total equity funding raised: $73.5M
Nominations for AlleyWatch’s 2019 NYC FinTech Influencers are now open AlleyWatch. Please submit your nominations here – 2019 NYC FinTech Influencers.
11. The Farmer’s Dog $39M
Round: Series B
Description: The Farmer’s Dog makes balanced and freshly made pet food, personalized for your dog and delivered to your door.
Funding Month: January
Founders: Brett Podolsky, Jonathan Regev
Year founded: 2014
Industry: E-Commerce, Food and Beverage, Personalization, Subscription Service
Total equity funding raised: $49.1M
Nominations for AlleyWatch’s 2019 NYC FinTech Influencers are now open AlleyWatch. Please submit your nominations here – 2019 NYC FinTech Influencers.
10. VAST Data $40M
Round: Series B
Description: Enterprise data storage infrastructure provider VAST Data has raised an additional $40M in Series B funding from investors that include TPG Capital, Norwest Venture Partners, Dell Technologies Capital, 83 North, and Goldman Sachs. Founded by Jeff Denworth, Renen Hallak, and Shachar Fienblit in 2016, VAST Data has now raised a total of $80M in reported equity funding over three rounds.
Funding Month: February
Founders: Jeff Denworth, Renen Hallak, Shachar Fienblit
Year founded: 2016
Industry: Computer, Data Storage, Software
Total equity funding raised: $80M
Nominations for AlleyWatch’s 2019 NYC FinTech Influencers are now open AlleyWatch. Please submit your nominations here – 2019 NYC FinTech Influencers.
9. Newsela $50M
Round: Series C
Description: Newsela is an Instructional Content Platform that supercharges reading engagement and learning in every subject. Founded by Dan Cogan-Drew and Matthew Gross in 2012, Newsela has now raised a total of $72.16M in reported equity funding.
Funding Month: March
Founders: Dan Cogan-Drew, Matthew Gross
Year founded: 2012
Industry: E-Learning, EdTech, Education, Language Learning, News, SaaS
Total equity funding raised: $72.16M
Nominations for AlleyWatch’s 2019 NYC FinTech Influencers are now open AlleyWatch. Please submit your nominations here – 2019 NYC FinTech Influencers.
8. Splice $57.5M
Round: Series C
Description: Splice designs and develops a technology platform for music creators streamlines the fragmented process of creating and sharing music. Founded by Matt Aimonetti and Steve Martocci in 2013, Splice has now raised a total of $104.75M in reported equity funding.
Funding Month: March
Founders: Matt Aimonetti, Steve Martocci
Year founded: 2013
Industry: Collaboration, Information Technology, Internet, Media and Entertainment, Music
Total equity funding raised: $104.75M
Nominations for AlleyWatch’s 2019 NYC FinTech Influencers are now open AlleyWatch. Please submit your nominations here – 2019 NYC FinTech Influencers.
7. Luminary Media $60M
Round: Venture
Description: Luminary Media, a venture-backed company, is an internet-based audio entertainment subscription service. Founded by Lauren Perkins, Matt Sacks, and Phong Nguyen in 2018, Luminary Media has now raised a total of $100M in reported equity funding.
Funding Month: March
Founders: Lauren Perkins, Matt Sacks, Phong Nguyen
Year founded: 2018
Industry: Audio, Podcast, Subscription Service
Total equity funding raised: $100M
Nominations for AlleyWatch’s 2019 NYC FinTech Influencers are now open AlleyWatch. Please submit your nominations here – 2019 NYC FinTech Influencers.
6. YieldStreet $62M
Round: Series B
Description: Alternative investment platform YieldStreet has raised an additional $62M in Series B funding from investors that include Edison Partners, Greenspring Associates, and Raine Ventures. Founded by Dennis Shields, Michael Weisz, and Milind Mehere in 2015, YieldStreet has now raised a total of $78.5M in equity funding.
Funding Month: February
Founders: Dennis Shields, Michael Weisz, Milind Mehere
Year founded: 2015
Industry: Finance, Financial Services, FinTech, Wealth Management
Total equity funding raised: $78.5M
Nominations for AlleyWatch’s 2019 NYC FinTech Influencers are now open AlleyWatch. Please submit your nominations here – 2019 NYC FinTech Influencers.
5. Stash $65M
Round: Series E
Description: Stash is a New York-based digital investment platform. Founded by Brandon Krieg, David Ronick, Ed Robison, and Edward Robinson in 2015, Stash has now raised a total of $181.25M in reported equity funding.
Funding Month: March
Founders: Brandon Krieg, David Ronick, Ed Robison, Edward Robinson
Year founded: 2015
Industry: Finance, Financial Services, FinTech, Personal Finance
Total equity funding raised: $181.25M
Nominations for AlleyWatch’s 2019 NYC FinTech Influencers are now open AlleyWatch. Please submit your nominations here – 2019 NYC FinTech Influencers.
4. Better.com $75M
Round: Series C
Description: Better.com is a direct lender that provides a fast, transparent digital mortgage experience backed by superior customer support.
Funding Month: January
Founders: Eric Wilson, Erik Bernhardsson, Viral Shah, Vishal Garg
Year founded: 2014
Industry: Finance, Financial Services, Lending
Total equity funding raised: $120M
Nominations for AlleyWatch’s 2019 NYC FinTech Influencers are now open AlleyWatch. Please submit your nominations here – 2019 NYC FinTech Influencers.
3. 1stdibs $76M
Round: Series D
Description: 1stdibs is an online marketplace that connects dealers to consumers interested in antiques, design, fine jewelry, vintage fashion, and art. Founded by Laurence Forcione and Michael Bruno in 2001, 1stdibs has now raised a total of $193M in reported equity funding.
Funding Month: March
Founders: Laurence Forcione, Michael Bruno
Year founded: 2001
Industry: Art, E-Commerce, Fashion, Furniture, Marketplace, Online Auctions
Total equity funding raised: $193M
Nominations for AlleyWatch’s 2019 NYC FinTech Influencers are now open AlleyWatch. Please submit your nominations here – 2019 NYC FinTech Influencers.
2. Casper $100M
Round: Series D
Description: Casper is a sleep startup that launches a comfortable mattress sold directly to consumers, eliminating commission¡driven, inflated prices. Founded by Constantin Eis, Gabriel Flateman, Jeff Chapin, Neil Parikh, Philip Krim, and T. Luke Sherwin in 2013, Casper has now raised a total of $339.7M in reported equity funding.
Funding Month: March
Founders: Constantin Eis, Gabriel Flateman, Jeff Chapin, Neil Parikh, Philip Krim, T. Luke Sherwin
Year founded: 2013
Industry: E-Commerce, Lifestyle, Manufacturing, Product Design, Retail
Total equity funding raised: $339.7M
Nominations for AlleyWatch’s 2019 NYC FinTech Influencers are now open AlleyWatch. Please submit your nominations here – 2019 NYC FinTech Influencers.
2. Glossier $100M
Round: Series D
Description: Glossier is a direct-to-consumer beauty company that leverages content and community to power a superior shopping experience. Founded by Emily Weiss in 2014, Glossier has now raised a total of $186.4M in reported equity funding.
Funding Month: March
Founders: Emily Weiss
Year founded: 2014
Industry: Beauty, Consumer Goods, Fashion
Total equity funding raised: $186.4M
Nominations for AlleyWatch’s 2019 NYC FinTech Influencers are now open AlleyWatch. Please submit your nominations here – 2019 NYC FinTech Influencers.
2. Andela $100M
Round: Series D
Description: Andela, the platform that provides distributed engineering talent in Africa, has raised $100M in Series E funding from investors that include Generation Investment Management, Chan Zuckerberg Initiative, GV, Spark Capital, and CRE Venture Capital. Founded in 2014 by Brice Steven Nkengsa, Christina Sass, Ian Carnevale, Iyinoluwa Aboyeji, Jeremy Johnson, and Nadayar Enegesi, Andela has now raised a total of $181M in funding over six rounds.
Funding Month: January
Founders: Brice Steven Nkengsa, Christina Sass, Ian Carnevale, Iyinoluwa Aboyeji, Jeremy Johnson, Nadayar Enegesi
Year founded: 2014
Industry: B2B, Consulting, Human Resources, Information Technology, Internet, Recruiting, Small and Medium Businesses, Software, Training
Total equity funding raised: $181M
Nominataions for AlleyWatch’s 2019 NYC FinTech Influencers are now open AlleyWatch. Please submit your nominations here – 2019 NYC FinTech Influencers.
1. Rent the Runway $125M
Round: Venture
Description: Rent the Runway is an online e-commerce website that allows women to rent designer apparel and accessories. Founded by Jennifer Fleiss and Jennifer Hyman in 2009, Rent the Runway has now raised a total of $341.15M in reported equity funding.
Funding Month: March
Founders: Jennifer Fleiss, Jennifer Hyman
Year founded: 2009
Industry: Consumer Goods, E-Commerce, Fashion, Retail
Total equity funding raised: $341.15M
Nominations for AlleyWatch’s 2019 NYC FinTech Influencers are now open AlleyWatch. Please submit your nominations here – 2019 NYC FinTech Influencers.
