Armed with some data from our friends at CrunchBase, I broke down the largest NYC Startup funding rounds in New York for December 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.
NowRx is disrupting the $480B retail pharmacy industry with unheard of personalized service and free same-day pharmacy delivery. The company uses its “QuickFill” proprietary pharmacy software and robotics to automate prescription dispensing and reduce common service failures that result in bad experiences for customers (insurance errors, out-of-stock, etc.). Oh, and they operate at a fraction of the cost of major retail chains – talk about efficiency! In 2020, the company saw revenue jump 90% YoY and this year they’re on pace to surpass more than $22M in revenue. With their newest telehealth product growing 73% MoM and a share price that has increased by 1,650% since 2016 – this is an investment you don’t want to miss out on. Get in on this rapidly growing startup and learn how you can invest today
12. Ophelia $50.0M
Round: Series B
Description: Ophelia offers medication and support for quitting opioids. Founded by Mattan Griffel and Zack Gray in 2019, Ophelia has now raised a total of $67.7M in total equity funding and is backed by General Catalyst and Tiger Global Management.
Industry: Health Care, Home Health Care, Pharmaceutical, Therapeutics
Founders: Mattan Griffel, Zack Gray
Founding year: 2019
Total equity funding raised: $67.7M
AlleyWatch’s exclusive coverage of this round: Ophelia Raises $50M for its Virtual Drug Rehab Platform
12. ButterflyMX $50.0M
Round: Series D
Description: ButterflyMX is developing a contactless entry intercom that provides secure, convenient, and affordable property access from a smartphone. Founded by Cyrus Claffey, Ivan Mihalj, Kunal Shah, and Matthew Knoff in 2012, ButterflyMX has now raised a total of $108.5M in total equity funding and is backed by JMI Equity, RiverPark Ventures, Volition Capital, Spencer Rascoff, and Stifel Financial Corp..
Industry: Real Estate, Security, Smart Home, Software
Founders: Cyrus Claffey, Ivan Mihalj, Kunal Shah, Matthew Knoff
Founding year: 2012
Total equity funding raised: $108.5M
AlleyWatch’s exclusive coverage of this round: ButterflyMX Lands Another $50M for its Property Access Solution That Modernizes Tenant Access
11. Pair Eyewear $60.0M
Round: Series B
Description: Pair Eyewear is an eyewear brand designed for adults and children alike. Founded by Nathan Kondamuri and Sophia Edelstein in 2017, Pair Eyewear has now raised a total of $73.5M in total equity funding and is backed by DeAngelo Russell, Olivia Culpo, Lachlan Power, Norwest Venture Partners, and Precursor Ventures.
Industry: E-Commerce, Eyewear, Fashion, Retail, Wearables
Founders: Nathan Kondamuri, Sophia Edelstein
Founding year: 2017
Total equity funding raised: $73.5M
AlleyWatch’s exclusive coverage of this round: Pair Eyewear Raises Another $60M for its Customizable Direct-to-Consumer Eyewear Brand
11. Life House $60.0M
Round: Series C
Description: Life House is a vertically integrated hotel software and management platform on the mission to make hotels operationally autonomous. Founded by Rami Zeidan and Yury Yakubchyk in 2017, Life House has now raised a total of $100.4M in total equity funding and is backed by KAYAK, Tiger Global Management, Global Founders Capital, Cooley, and JLL Spark.
Industry: Hospitality, Hotel, Leisure, Lifestyle, Travel
Founders: Rami Zeidan, Yury Yakubchyk
Founding year: 2017
Total equity funding raised: $100.4M
NowRx is disrupting the $480B retail pharmacy industry with unheard of personalized service and free same-day pharmacy delivery. The company uses its “QuickFill” proprietary pharmacy software and robotics to automate prescription dispensing and reduce common service failures that result in bad experiences for customers (insurance errors, out-of-stock, etc.). Oh, and they operate at a fraction of the cost of major retail chains – talk about efficiency! In 2020, the company saw revenue jump 90% YoY and this year they’re on pace to surpass more than $22M in revenue. With their newest telehealth product growing 73% MoM and a share price that has increased by 1,650% since 2016 – this is an investment you don’t want to miss out on. Get in on this rapidly growing startup and learn how you can invest today
10. Rho Business Banking $75.0M
Round: Series B
Description: Rho Business Banking is a digital banking platform for startups and high-growth companies. Founded by Alex Wheldon, Damian Kimmelman, and Everett Cook in 2018, Rho Business Banking has now raised a total of $94.9M in total equity funding and is backed by M13, DFJ Growth, Dragoneer Investment Group, Torch Capital, and Interplay Ventures.
Industry: Banking, Finance, Financial Services, FinTech
Founders: Alex Wheldon, Damian Kimmelman, Everett Cook
Founding year: 2018
Total equity funding raised: $94.9M
9. CertiK $80.0M
Round: Series B
Description: CertiK specializes in blockchain security, utilizing cutting-edge AI and FV technology to secure smart contracts and blockchains. Founded by Ronghui Gu and Zhong Shao in 2017, CertiK has now raised a total of $152.2M in total equity funding and is backed by Binance, Coinbase Ventures, Lenovo, IDG Capital, and Tiger Global Management.
Industry: Blockchain, Cyber Security, Security, Software
Founders: Ronghui Gu, Zhong Shao
Founding year: 2017
Total equity funding raised: $152.2M
8. Shiftsmart $95.0M
Round: Series B
Description: Shiftsmart is a labor-management marketplace connecting part-time workers with open shifts across multiple platforms. Founded by Aakash Kumar, Patrick Brandt, and Pavan Patel in 2015, Shiftsmart has now raised a total of $120.6M in total equity funding and is backed by SoftBank, Mark Cuban, D1 Capital Partners, Imaginary Ventures, and Perot Jain.
Industry: Employment, Human Resources, Internet, Marketplace
Founders: Aakash Kumar, Patrick Brandt, Pavan Patel
Founding year: 2015
Total equity funding raised: $120.6M
7. Hyperscience $100.0M
Round: Series E
Description: Hyperscience is a technology company that develops AI-based enterprise software designed to automate office work processes. Founded by Krasimir Marinov, Peter Brodsky, and Vladimir Tzankov in 2014, Hyperscience has now raised a total of $288.9M in total equity funding and is backed by Tiger Global Management, Gaingels, Slow Ventures, BoxGroup, and Sand Hill Angels.
Industry: Artificial Intelligence, Machine Learning, SaaS
Founders: Krasimir Marinov, Peter Brodsky, Vladimir Tzankov
Founding year: 2014
Total equity funding raised: $288.9M
AlleyWatch’s exclusive coverage of this round: Hyperscience Raises $100M for its Data Automation Platform that Blends the Machine Layer with the Human Layer
NowRx is disrupting the $480B retail pharmacy industry with unheard of personalized service and free same-day pharmacy delivery. The company uses its “QuickFill” proprietary pharmacy software and robotics to automate prescription dispensing and reduce common service failures that result in bad experiences for customers (insurance errors, out-of-stock, etc.). Oh, and they operate at a fraction of the cost of major retail chains – talk about efficiency! In 2020, the company saw revenue jump 90% YoY and this year they’re on pace to surpass more than $22M in revenue. With their newest telehealth product growing 73% MoM and a share price that has increased by 1,650% since 2016 – this is an investment you don’t want to miss out on. Get in on this rapidly growing startup and learn how you can invest today
7. Cadence Solutions $100.0M
Round: Series B
Description: Cadence Solutions is a provider of remote patient monitoring and virtual care services. Founded by Christopher Altchek and Kareem Zaki in 2020, Cadence Solutions has now raised a total of $141.0M in total equity funding and is backed by General Catalyst, Coatue, Thrive Capital, Martin Ventures, and Metrodora Ventures.
Industry: Health Care, Medical
Founders: Christopher Altchek, Kareem Zaki
Founding year: 2020
Total equity funding raised: $141.0M
AlleyWatch’s exclusive coverage of this round: Cadence Solutions Raises $100M for its Remote Patient Monitoring and Integrated Care Solution for Patients with Chronic Conditions
6. Figment $110.0M
Round: Series C
Description: Figment supports the adoption, growth and long term success of the Web 3 ecosystem. Founded by Andrew Cronk, Lorien Gabel, and Matt Harrop in 2018, Figment has now raised a total of $165.0M in total equity funding and is backed by Galaxy Digital, Mirae Asset Global Investments, Ava Labs, FJ Labs, and B Capital Group.
Industry: Blockchain, Computer, Cryptocurrency, Network Security, Software
Founders: Andrew Cronk, Lorien Gabel, Matt Harrop
Founding year: 2018
Total equity funding raised: $165.0M
5. Smartling $160.0M
Round: Series E
Description: Smartling is a language service and technology provider helping customers to localize content across devices and platforms. Founded by Andrey Akselrod and Jack Welde in 2009, Smartling has now raised a total of $223.1M in total equity funding and is backed by IDG Capital, First Round Capital, Battery Ventures, Venrock, and Ridge Ventures.
Industry: Content Delivery Network, Information Services, Information Technology, Natural Language Processing
Founders: Andrey Akselrod, Jack Welde
Founding year: 2009
Total equity funding raised: $223.1M
4. Cockroach Labs $278.0M
Round: Series F
Description: Cockroach Labs is a software company that develops a cloud-native SQL database for modern cloud applications. Founded by Benjamin Darnell, Peter Mattis, and Spencer Kimball in 2015, Cockroach Labs has now raised a total of $633.1M in total equity funding and is backed by Sequoia Capital, GV, Tiger Global Management, Coatue, and SV Angel.
Industry: Cloud Computing, Database, Enterprise Software, Software
Founders: Benjamin Darnell, Peter Mattis, Spencer Kimball
Founding year: 2015
Total equity funding raised: $633.1M
AlleyWatch’s exclusive coverage of this round: Cockroach Labs Raises Another $278M for its Cloud-Native Database at a $5B Valuation
NowRx is disrupting the $480B retail pharmacy industry with unheard of personalized service and free same-day pharmacy delivery. The company uses its “QuickFill” proprietary pharmacy software and robotics to automate prescription dispensing and reduce common service failures that result in bad experiences for customers (insurance errors, out-of-stock, etc.). Oh, and they operate at a fraction of the cost of major retail chains – talk about efficiency! In 2020, the company saw revenue jump 90% YoY and this year they’re on pace to surpass more than $22M in revenue. With their newest telehealth product growing 73% MoM and a share price that has increased by 1,650% since 2016 – this is an investment you don’t want to miss out on. Get in on this rapidly growing startup and learn how you can invest today
3. ROKT $325.0M
Round: Series E
Description: Rokt is an ecommerce marketing technology that gives customers a personalized and relevant experience while buying online. Founded by Ben Voltz, Bruce Buchanan, and Justin Viles in 2012, Rokt has now raised a total of $487.0M in total equity funding and is backed by Tiger Global Management, Pavilion Capital, Wellington Management, Square Peg Capital, and Whale Rock Capital Management.
Industry: B2B, Big Data, Data Integration, E-Commerce, Marketing Automation
Founders: Ben Voltz, Bruce Buchanan, Justin Viles
Founding year: 2012
Total equity funding raised: $487.0M
2. Claroty $400.0M
Round: Series E
Description: Claroty is a cybersecurity company that protects industrial control networks from cyber-attacks. Founded by Amir Zilberstein, Benny Porat, and Galina Antova in 2015, Claroty has now raised a total of $640.0M in total equity funding and is backed by SoftBank Vision Fund, Siemens, Schneider Electric, Temasek Holdings, and Team8.
Industry: Cyber Security, Industrial, Network Security, Security
Founders: Amir Zilberstein, Benny Porat, Galina Antova
Founding year: 2015
Total equity funding raised: $640.0M
2. Fireblocks $400.0M
Round: Series E
Description: Fireblocks is a blockchain security service provider for moving, storing, and issuing digital assets. Founded by Idan Ofrat, Michael Shaulov, and Pavel Berengoltz in 2018, Fireblocks has now raised a total of $889.0M in total equity funding and is backed by Digital Currency Group, Galaxy Digital, Sequoia Capital, Ribbit Capital, and Spark Capital.
Industry: Blockchain, Cryptocurrency, Cyber Security
Founders: Idan Ofrat, Michael Shaulov, Pavel Berengoltz
Founding year: 2018
Total equity funding raised: $889.0M
1. YipitData $475.0M
Round: Series E
Description: YipitData is the market research firm that analyzes data points to provide accurate insights for the disruptive economy. Founded by James Moran and Vinicius Vacanti in 2013, Yipitdata has now raised a total of $492.0M in total equity funding and is backed by The Carlyle Group, SV Angel, IA Ventures, Highland Capital Partners, and RRE Ventures.
Industry: Analytics, FinTech, Software
Founders: James Moran, Vinicius Vacanti
Founding year: 2013
Total equity funding raised: $492.0M
NowRx is disrupting the $480B retail pharmacy industry with unheard of personalized service and free same-day pharmacy delivery. The company uses its “QuickFill” proprietary pharmacy software and robotics to automate prescription dispensing and reduce common service failures that result in bad experiences for customers (insurance errors, out-of-stock, etc.). Oh, and they operate at a fraction of the cost of major retail chains – talk about efficiency! In 2020, the company saw revenue jump 90% YoY and this year they’re on pace to surpass more than $22M in revenue. With their newest telehealth product growing 73% MoM and a share price that has increased by 1,650% since 2016 – this is an investment you don’t want to miss out on. Get in on this rapidly growing startup and learn how you can invest today
