Armed with some data from our friends at CrunchBase, I broke down the largest NYC Startup funding rounds in New York during April 2021. I have included some additional information such as industry, description, round type, total equity funding raised to further the analysis for the state of venture capital in NYC.
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16. BigID $30.0M
Round: Series D Extension
Description: BigID is a data intelligence company developing software that helps companies secure customer data and satisfy privacy regulations. Founded by Dimitri Sirota and Nimrod Vax in 2016, BigID has now raised a total of $246.1M in total equity funding and is backed by investors that include Bessemer Venture Partners, Salesforce Ventures, Advent International, Tiger Global Management, and Scale Venture Partners.
Investors in the round: Advent International
Industry: Artificial Intelligence, Big Data, Cyber Security, Risk Management, Software
Founders: Dimitri Sirota, Nimrod Vax
Founding year: 2016
Total equity funding raised: $246.1M
16. Outlier $30.0M
Round: Series B
Description: Outlier is an online education platform that offers intro-level college courses online at a relatively affordable price. Founded by Aaron Rasmussen in 2018, Outlier has now raised a total of $46.0M in total equity funding and is backed by investors that include Gaingels, GV, GSV Ventures, Jackson Square Ventures, and Harrison Metal.
Investors in the round: Arrive, Gaingels, GSV Ventures, GV, Harrison Metal, Unusual Ventures
Industry: E-Learning, Education, Internet
Founders: Aaron Rasmussen
Founding year: 2018
Total equity funding raised: $46.0M
AlleyWatch exclusive coverage of this round: Outlier.org Raises to $30M to Make College More Accessible; as Low as $89/mo
16. Ergatta $30.0M
Round: Series A
Description: Ergatta is an at-home connected fitness startup that offers a rowing machine and proprietary digital content. Founded by Alessandra Gotbaum and Tom Aulet in 2019, Ergatta has now raised a total of $35.0M in total equity funding and is backed by investors that include Techstars, Gaingels, Fifth Wall, Greycroft, and Mark Pincus.
Investors in the round: Advance Venture Partners, Fifth Wall, Gaingels, Greycroft, Hans Tung, Mark Pincus
Industry: Fitness, Health Care, Sporting Goods, Wellness
Founders: Alessandra Gotbaum, Tom Aulet
Founding year: 2019
Total equity funding raised: $35.0M
AlleyWatch exclusive coverage of this round: Ergatta Raises Another $30M for its At-Home Rowing Platform That Makes Fitness Competitive
15. Chili Piper $33.0M
Round: Series B
Description: Chili Piper helps qualified leads automatically book a meeting or start a phone call right after they fill out a form. Founded by Alina Vandenberghe, Ivan Diachenko, and Nicolas Vandenberghe in 2016, Chili Piper has now raised a total of $54.0M in total equity funding and is backed by investors that include Tiger Global Management, Gradient Ventures, Base10 Partners, Flashpoint, and Lighter Capital.
Investors in the round: Base10 Partners, Gradient Ventures, Tiger Global Management
Industry: B2B, Enterprise Software, Internet, Productivity Tools, SaaS, Sales, Sales Automation, Software
Founders: Alina Vandenberghe, Ivan Diachenko, Nicolas Vandenberghe
Founding year: 2016
Total equity funding raised: $54.0M
14. HYPR $35.0M
Round: Series C
Description: HYPR is a cybersecurity company that provides passwordless authentication for users. Founded by Bojan Simic, George Avetisov, James Barcia, and Roman Kadinsky in 2014, HYPR has now raised a total of $72.1M in total equity funding and is backed by investors that include Alumni Ventures Group, Mastercard, Advent International, RRE Ventures, and Boldstart Ventures.
Investors in the round: Advent International
Industry: Cyber Security, Identity Management, Mobile, Security
Founders: Bojan Simic, George Avetisov, James Barcia, Roman Kadinsky
Founding year: 2014
Total equity funding raised: $72.1M
AlleyWatch exclusive coverage of this round: HYPR Raises Another $35M for its Passwordless Multi-Factor Authentication Platform
13. Holler $36.0M
Round: Series B
Description: Holler is a Conversational Media company, focused on the creation and delivery of content that helps peer-to-peer messages be effective. Founded by Travis Montaque in 2013, Holler has now raised a total of $51.4M in total equity funding and is backed by investors that include Gaingels, Interplay Ventures, Leonis Investissement, WorldQuant Ventures LLC, and CityRock Venture Partners.
Investors in the round: CityRock Venture Partners, Gaingels, Interplay Ventures, Leonis Investissement, NGM Ventures, Relevance Ventures (formerly Relevance Capital), Towerview Ventures, WorldQuant Ventures LLC
Industry: Advertising, Big Data, Information Technology, Subscription Service
Founders: Travis Montaque
Founding year: 2013
Total equity funding raised: $51.4M
12. Mantl $40.0M
Round: Series B
Description: Mantl is a banking technology company that provides workflow management and automation tools for banks and credit unions. Founded by Benjamin Conant, Nathaniel Harley, and Raj Patel in 2016, Mantl has now raised a total of $62.0M in total equity funding and is backed by investors that include Techstars, BoxGroup, Great Oaks Venture Capital, D1 Capital Partners, and Point72 Ventures.
Investors in the round: BoxGroup, CapitalG, Clocktower Technology Ventures, D1 Capital Partners, OldSlip Group, Point72 Ventures
Industry: Banking, Finance, Financial Services, FinTech
Founders: Benjamin Conant, Nathaniel Harley, Raj Patel
Founding year: 2016
Total equity funding raised: $62.0M
12. Slice $40.0M
Round: Series D
Description: Slice is a provider of tools for pizzerias to manage the digital side of their businesses. Founded by Ilir Sela and Sam Wilcoxon in 2010, Slice has now raised a total of $125.0M in total equity funding and is backed by investors that include GGV Capital, Contour Venture Partners, Primary Venture Partners, RiverPark Ventures, and Kohlberg Kravis Roberts.
Investors in the round: Adam Bain, Cross Creek, Dick Costolo, GGV Capital, Kohlberg Kravis Roberts, Primary Venture Partners
Industry: E-Commerce, Food and Beverage, Food Delivery, Restaurants
Founders: Ilir Sela, Sam Wilcoxon
Founding year: 2010
Total equity funding raised: $125.0M
AlleyWatch exclusive coverage of this round: Slice Raises Another $40M That Lets Local Pizzerias Establish Turnkey Digital Presences
11. ExecOnline $45.0M
Round: Series D
Description: ExecOnline provides companies with executive training solutions. Founded by Barry Goldberg, Julia F. Alexander, Mark Ozer, and Stephen Bailey in 2012, ExecOnline has now raised a total of $85.9M in total equity funding and is backed by investors that include NewSpring, Osage Venture Partners, OMERS Growth Equity, Kaplan, and Washington Post.
Investors in the round: ABS Capital Partners, Kaplan, NewSpring, OMERS Growth Equity, Osage Venture Partners
Industry: Corporate Training, E-Learning, EdTech, Education, Training
Founders: Barry Goldberg, Julia F. Alexander, Mark Ozer, Stephen Bailey
Founding year: 2012
Total equity funding raised: $85.9M
10. Cherre $50.0M
Round: Series B
Description: Cherre is the leader in real estate data and insight. Founded by Ben Hizak, L.D. Salmanson, and Riju Pahwa in 2016, Cherre has now raised a total of $75.0M in total equity funding and is backed by investors that include Dreamit Ventures, Silicon Valley Bank, Trustbridge Partners, Intel Capital, and Navitas Capital.
Investors in the round: Carthona Capital, Glilot Capital Partners, Intel Capital, Mark Schwartz, Navitas Capital, Silicon Valley Bank, Trustbridge Partners
Industry: Analytics, Big Data, Commercial Real Estate, Data Integration, Real Estate
Founders: Ben Hizak, L.D. Salmanson, Riju Pahwa
Founding year: 2016
Total equity funding raised: $75.0M
9. Vesta Healthcare $65.0M
Round: Venture
Description: Vesta Healthcare is a 24/7 technology and clinical services organization dedicated to supporting caregivers and connecting their insights. Founded by Randall Klein in 2018, Vesta Healthcare has now raised a total of $105.0M in total equity funding and is backed by investors that include Lux Capital, Kaiser Permanente, Oak HC/FT, Deerfield Management, and Kaiser Permanente Ventures.
Investors in the round: CareCentrix, Deerfield Management, Epstein Partners, Generator Ventures, K2 HealthVentures, Kaiser Permanente, Lux Capital, Oak HC/FT
Industry: Elder Care, Health Care, Home Health Care, Information Technology
Founders: Randall Klein
Founding year: 2018
Total equity funding raised: $105.0M
8. Kaia Health $75.0M
Round: Series C
Description: Kaia Health is a digital therapeutics company that creates evidence-based treatments for a range of medical disorders. Founded by Konstantin Mehl and Manuel Thurner in 2016, Kaia Health has now raised a total of $123.0M in total equity funding and is backed by investors that include Eurazeo, Idinvest Partners, Heartcore Capital, Balderton Capital, and Optum Ventures.
Investors in the round: 3VC, A-Round Capital, Balderton Capital, Eurazeo, Heartcore Capital, Idinvest Partners, Optum Ventures, Symphony Ventures
Industry: Health Care, Machine Learning, Medical, Software, Therapeutics
Founders: Konstantin Mehl, Manuel Thurner
Founding year: 2016
Total equity funding raised: $123.0M
AlleyWatch exclusive coverage of this round: Kaia Health Raises $75M for its Digital Physical Therapy Platform that Helps People with Chronic Pain and COPD
7. Overtime $80.0M
Round: Series C
Description: Overtime is a sports network that produces several sports-focused series and short-form content for the next generation of sports fans. Founded by Dan Porter and Zachary Weiner in 2016, Overtime has now raised a total of $115.0M in total equity funding and is backed by investors that include Spark Capital, Techstars, BoxGroup, Andreessen Horowitz, and Sapphire Ventures.
Investors in the round: 10X Capital, Aaron Gordon, Alexis Ohanian, Andrew Wiggins, Anthony Edwards, Aubrey Graham (Drake), Bakari Sellers, Bezos Expeditions, Black Capital, Cam Reddish, Chiney Ogwumike, Concrete Rose Capital, Counterpoint Global, Danny Green, Deandre Ayton, Dentsu Ventures, Devin Booker, De’Aaron Fox, Domas Sabonis, Gaingels, Garrett Temple, Gerald Wallace, Hassan Whiteside, Intersect Capital, Isaiah Thomas, JaVale McGee, Jeff Kearl, Kelly Olynyk, Kenyon Martin, Khris Middleton, Klay Thompson, Kyle Lowry, LightShed Ventures, Lonzo Ball, Micromanagement Ventures, Nathan Walton, Nick Young, Pau Gasol, PROOF Fund, Rogue Insight Capital, Sapphire Sport, Strategic Partners, Taurean Prince, Thaddeus Young, Trae Young, True Capital Management, Will Barton, Zach LaVine
Industry: Digital Media, Fantasy Sports, Predictive Analytics, Sports
Founders: Dan Porter, Zachary Weiner
Founding year: 2016
Total equity funding raised: $115.0M
6. C2i Genomics $100.0M
Round: Series B
Description: C2i Genomics provides cloud-based cancer diagnostic services to pharmaceutical and diagnostic organizations. Founded by Asaf Zviran, Boris Oklander, Dan Landau, and Ezra Sofer in 2019, C2i Genomics has now raised a total of $112.0M in total equity funding and is backed by investors that include Silver Lake, Alexandria Real Estate Equities, Casdin Capital, NFX, and Section 32.
Investors in the round: Alexandria Real Estate Equities, Casdin Capital, Driehaus Capital Management, Duquesne Family Office, iGlobe Partners, LionBird, NFX, Section 32, Silver Lake, The Mark Foundation for Cancer Research
Industry: Genetics, Health Care, Health Diagnostics, Therapeutics, Wellness
Founders: Asaf Zviran, Boris Oklander, Dan Landau, Ezra Sofer
Founding year: 2019
Total equity funding raised: $112.0M
6. Deep Instinct $100.0M
Round: Series D
Description: Deep Instinct applies deep learning to cybersecurity, offering zero-day attack protection. Founded by Eli David, Guy Caspi, and Nadav Maman in 2015, Deep Instinct has now raised a total of $192.1M in total equity funding and is backed by investors that include BlackRock, Anne Wojcicki, Coatue, Coatue Management, and Millennium Management.
Investors in the round: Anne Wojcicki, BlackRock, Coatue Management, Millennium Management, Tudor Group, Unbound, Untitled Investments
Industry: Artificial Intelligence, Cyber Security, Machine Learning, Network Security, Security
Founders: Eli David, Guy Caspi, Nadav Maman
Founding year: 2015
Total equity funding raised: $192.1M
AlleyWatch exclusive coverage of this round: Deep Instinct Raises $100M for its Cybersecurity Threat Prevention Platform Built on Deep Learning
5. Ramp $115.0M
Round: Series B
Description: Ramp is a technology company that develops corporate cards designed to save money for businesses. Founded by Eric Glyman, Gene Lee, and Karim Atiyeh in 2019, Ramp has now raised a total of $170.0M in total equity funding and is backed by investors that include Goldman Sachs, Stripe, Founders Fund, BoxGroup, and Scott Belsky.
Investors in the round: BoxGroup, Bradley Horowitz, Coatue, Contrary, D1 Capital Partners, Founders Fund, Goldman Sachs, Guillaume “G” Cabane, Neo, Redpoint, Stripe, Thrive Capital
Industry: Finance, Financial Services, FinTech
Founders: Eric Glyman, Gene Lee, Karim Atiyeh
Founding year: 2019
Total equity funding raised: $170.0M
4. Digital Asset $120.0M
Round: Series D
Description: Digital Asset develops ledger technology intended to build distributed, encrypted straight-through processing tools. Founded by Don Wilson, Eric Saraniecki, Shaul Kfir, Sunil Hirani, and Yuval Rooz in 2014, Digital Asset has now raised a total of $307.2M in total equity funding and is backed by investors that include Citi, Goldman Sachs, Salesforce Ventures, Accenture, and JP Morgan.
Investors in the round: 7RIDGE, Eldridge
Industry: Blockchain, Developer Platform, Developer Tools, FinTech, Software
Founders: Don Wilson, Eric Saraniecki, Shaul Kfir, Sunil Hirani, Yuval Rooz
Founding year: 2014
Total equity funding raised: $307.2M
3. Tend $125.0M
Round: Series C
Description: Tend is a technology-driven dental startup that provides hassle-free, personalized, and straightforward dental services. Founded by Andrew Grover, Doug Hudson, and Michael Stenclik in 2019, Tend has now raised a total of $198.0M in total equity funding and is backed by investors that include Warby Parker, Addition, Tiger Global Management, Flatiron Health, and GV.
Investors in the round: Addition, GV, Juxtapose, Redpoint, Zigg Capital
Industry: Dental, Health Care, Medical, Personal Health, Wellness
Founders: Andrew Grover, Doug Hudson, Michael Stenclik
Founding year: 2019
Total equity funding raised: $198.0M
2. Current $220.0M
Round: Series D
Description: Current is a financial technology company that offers mobile payments, online banking, and financial services. Founded by Stuart Sopp in 2015, Current has now raised a total of $402.4M in total equity funding and is backed by investors that include Andreessen Horowitz, Sapphire Ventures, Tiger Global Management, Foundation Capital, and Wellington Management.
Investors in the round: Andreessen Horowitz, Avenir Growth Capital, Elizabeth Street Ventures, Expa, Foundation Capital, Sapphire Ventures, Tiger Global Management, TQ Ventures, Wellington Management
Industry: Banking, Finance, Financial Services, FinTech
Founders: Stuart Sopp
Founding year: 2015
Total equity funding raised: $402.4M
1. Capsule $300.0M
Round: Series D
Description: Capsule is a healthcare technology business rebuilding the pharmacy from the inside out Founded by Eric Kinariwala in 2016, Capsule has now raised a total of $570.0M in total equity funding and is backed by investors that include T. Rowe Price, Sound Ventures, TCV, Global Founders Capital, and M13.
Investors in the round: Baillie Gifford, Durable Capital Partners, T. Rowe Price, Whale Rock Capital Management
Industry: E-Commerce Platforms, Health Care, Pharmaceutical, Retail
Founders: Eric Kinariwala
Founding year: 2016
Total equity funding raised: $570.0M
1. Paxos $300.0M
Round: Series D
Description: Paxos is a regulated financial institution building infrastructure to enable movement between physical and digital assets. Founded by Charles Cascarilla and Richmond Teo in 2012, Paxos has now raised a total of $535.3M in total equity funding and is backed by investors that include Canaan Partners, Blockchain Capital, Digital Currency Group, Oak HC/FT, and RRE Ventures.
Investors in the round: Declaration Partners, Liberty City Ventures, Mithril Capital Management, Oak HC/FT, PayPal Ventures, Senator Investment Group, WestCap
Industry: Blockchain, Cryptocurrency, Financial Services, FinTech
Founders: Charles Cascarilla, Richmond Teo
Founding year: 2012
Total equity funding raised: $535.3M
