Armed with some data from our friends at CrunchBase, I broke down the largest NYC Startup funding rounds in New York for March 2022. 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.
The AlleyWatch audience is driving progress and innovation on a global scale. With its regional media properties, AlleyWatch serves as the highway for technology and entrepreneurship. There are a number of options to reach this audience of the world’s most innovative organizations and startups at scale including developing prominent brand placement, driving demand generation, and building thought leadership among the vast majority of key decision-makers in the New York business community and beyond. In 2021 alone, AlleyWatch published 219 interviews with Founders that collectively raised $8.5B+. Learn more about advertising to NYC Tech at scale.
7. Chief $100.0M
Round: Series B
Description: Chief is a private membership network focused on connecting and supporting women executive leaders. Founded by Carolyn Childers and Lindsay Kaplan in 2019, Chief has now raised a total of $140.0M in total equity funding and is backed by General Catalyst, Accel, BoxGroup, Primary Venture Partners, and Flybridge.
Investors in the round: BoxGroup, CapitalG, Flybridge, General Catalyst, GGV Capital, Inspired Capital Partners, Primary Venture Partners
Industry: Communities, Professional Networking, Social Network, Women’s
Founders: Carolyn Childers, Lindsay Kaplan
Founding year: 2019
Total equity funding raised: $140.0M
The AlleyWatch audience is driving progress and innovation on a global scale. With its regional media properties, AlleyWatch serves as the highway for technology and entrepreneurship. There are a number of options to reach this audience of the world’s most innovative organizations and startups at scale including developing prominent brand placement, driving demand generation, and building thought leadership among the vast majority of key decision-makers in the New York business community and beyond. In 2021 alone, AlleyWatch published 219 interviews with Founders that collectively raised $8.5B+. Learn more about advertising to NYC Tech at scale.
6. Capitolis $110.0M
Round: Series D
Description: Capitolis is a technology provider addressing capital market constraints in equities and foreign exchange. Founded by Gil Mandelzis, Igor Teleshevsky, and Thomas Glocer in 2017, Capitolis has now raised a total of $281.8M in total equity funding and is backed by Citi, JP Morgan, Sequoia Capital, Spark Capital, and Andreessen Horowitz.
Investors in the round: 9Yards Capital, Andreessen Horowitz, Canapi Ventures, Citi, Index Ventures, JP Morgan, S Capital VC, Sequoia Capital, Spark Capital, State Street, SVB Capital
Industry: Banking, Collaboration, Finance, Financial Services
Founders: Gil Mandelzis, Igor Teleshevsky, Thomas Glocer
Founding year: 2017
Total equity funding raised: $281.8M
AlleyWatch’s exclusive coverage of this round: Capitolis Raises $110M for its Capital Markets Marketplace and Optimization Platform
The AlleyWatch audience is driving progress and innovation on a global scale. With its regional media properties, AlleyWatch serves as the highway for technology and entrepreneurship. There are a number of options to reach this audience of the world’s most innovative organizations and startups at scale including developing prominent brand placement, driving demand generation, and building thought leadership among the vast majority of key decision-makers in the New York business community and beyond. In 2021 alone, AlleyWatch published 219 interviews with Founders that collectively raised $8.5B+. Learn more about advertising to NYC Tech at scale.
5. Policygenius $125.0M
Round: Series E
Description: Policygenius is an online insurance tech company that specializes in providing life, home, and auto insurance. Founded by Francois de Lame and Jennifer Fitzgerald in 2014, Policygenius has now raised a total of $286.0M in total equity funding and is backed by Norwest Venture Partners, Global Atlantic, MassMutual Ventures, AXA Venture Partners, and MassMutual.
Investors in the round: AXA Venture Partners, Brighthouse Financial, Global Atlantic, iA Financial Group, Kohlberg Kravis Roberts, Lincoln Financial Group, MassMutual Ventures, Norwest Venture Partners, Pacific Life, Revolution Ventures, Switch Ventures
Industry: Finance, Financial Services, FinTech, Insurance, InsurTech
Founders: Francois de Lame, Jennifer Fitzgerald
Founding year: 2014
Total equity funding raised: $286.0M
AlleyWatch’s exclusive coverage of this round: Policygenius Raises Another $125M for its End-to-End Online Insurance Marketplace
The AlleyWatch audience is driving progress and innovation on a global scale. With its regional media properties, AlleyWatch serves as the highway for technology and entrepreneurship. There are a number of options to reach this audience of the world’s most innovative organizations and startups at scale including developing prominent brand placement, driving demand generation, and building thought leadership among the vast majority of key decision-makers in the New York business community and beyond. In 2021 alone, AlleyWatch published 219 interviews with Founders that collectively raised $8.5B+. Learn more about advertising to NYC Tech at scale.
4. Optimism $150.0M
Round: Series B
Description: Optimism is an Ethereum-based decentralized infrastructure platform that allows for instant transactions and scalable smart contracts. Founded by Jinglan Wang, Karl Floersch, and Kevin Ho in 2019, Optimism has now raised a total of $178.5M in total equity funding and is backed by Andreessen Horowitz, Paradigm, and IDEO CoLab Ventures.
Investors in the round: Andreessen Horowitz, Paradigm
Industry: Blockchain, Cryptocurrency, Ethereum, FinTech
Founders: Jinglan Wang, Karl Floersch, Kevin Ho
Founding year: 2019
Total equity funding raised: $178.5M
The AlleyWatch audience is driving progress and innovation on a global scale. With its regional media properties, AlleyWatch serves as the highway for technology and entrepreneurship. There are a number of options to reach this audience of the world’s most innovative organizations and startups at scale including developing prominent brand placement, driving demand generation, and building thought leadership among the vast majority of key decision-makers in the New York business community and beyond. In 2021 alone, AlleyWatch published 219 interviews with Founders that collectively raised $8.5B+. Learn more about advertising to NYC Tech at scale.
3. Jeeves $180.0M
Round: Series C
Description: Jeeves is a fintech company that focuses on expense management and payments. Founded by Dileep Thazhmon and Sherwin Gandhi in 2019, Jeeves has now raised a total of $268.0M in total equity funding and is backed by Tencent, Alumni Ventures, Gaingels, Andreessen Horowitz, and BlockFi.
Investors in the round: Alumni Ventures, Andreessen Horowitz, Carlo Enrico, Clocktower Technology Ventures, CRV, Financial Technology Partners, Gaingels, GIC, Haven Ventures, Silicon Valley Bank, Spike Ventures, Stanford University, Tencent, Urban Innovation Fund
Industry: Banking, Credit Cards, Financial Services, FinTech, Payments
Founders: Dileep Thazhmon, Sherwin Gandhi
Founding year: 2019
Total equity funding raised: $268.0M
The AlleyWatch audience is driving progress and innovation on a global scale. With its regional media properties, AlleyWatch serves as the highway for technology and entrepreneurship. There are a number of options to reach this audience of the world’s most innovative organizations and startups at scale including developing prominent brand placement, driving demand generation, and building thought leadership among the vast majority of key decision-makers in the New York business community and beyond. In 2021 alone, AlleyWatch published 219 interviews with Founders that collectively raised $8.5B+. Learn more about advertising to NYC Tech at scale.
2. Axonius $200.0M
Round: Series E
Description: Axonius is an asset inventory management platform that focuses on cybersecurity solutions and policies. Founded by Avidor Bartov, Dean Sysman, and Ofri Shur in 2017, Axonius has now raised a total of $395.0M in total equity funding and is backed by Accel, Vertex Ventures, Stripes, Lightspeed Venture Partners, and Bessemer Venture Partners.
Investors in the round: Accel, Alkeon Capital, Alta Park Capital, Bessemer Venture Partners, DTCP, ICONIQ Growth, Khaira Capital, Lightspeed Venture Partners, Owl Rock Capital, Silver Lake Waterman, Stripes
Industry: Asset Management, Cloud Security, Cyber Security, Information Technology, Network Security
Founders: Avidor Bartov, Dean Sysman, Ofri Shur
Founding year: 2017
Total equity funding raised: $395.0M
AlleyWatch’s exclusive coverage of this round: Axonius Nabs Another $200M at a $2.6B Valuation
The AlleyWatch audience is driving progress and innovation on a global scale. With its regional media properties, AlleyWatch serves as the highway for technology and entrepreneurship. There are a number of options to reach this audience of the world’s most innovative organizations and startups at scale including developing prominent brand placement, driving demand generation, and building thought leadership among the vast majority of key decision-makers in the New York business community and beyond. In 2021 alone, AlleyWatch published 219 interviews with Founders that collectively raised $8.5B+. Learn more about advertising to NYC Tech at scale.
2. Ramp $200.0M
Round: Series C Extension
Description: Ramp is a finance automation platform that helps businesses spend less time and money. Founded by Eric Glyman, Gene Lee, and Karim Atiyeh in 2019, Ramp has now raised a total of $700.0M in total equity funding and is backed by General Catalyst, Goldman Sachs, Founders Fund, Redpoint, and BoxGroup.
Investors in the round: 137 Ventures, Altimeter, Avenir Growth Capital, Coatue, D1 Capital Partners, Declaration Partners, Definition Capital, Founders Fund, General Catalyst, ICONIQ Capital, Lux Capital, Redpoint, Spark Capital, Stripe, Thrive Capital, Vista Public Strategies
Industry: Finance, Financial Services, FinTech
Founders: Eric Glyman, Gene Lee, Karim Atiyeh
Founding year: 2019
Total equity funding raised: $700.0M
AlleyWatch’s exclusive coverage of this round: Ramp Raises Another $200M for its Finance Automation Platform and Corporate Card
The AlleyWatch audience is driving progress and innovation on a global scale. With its regional media properties, AlleyWatch serves as the highway for technology and entrepreneurship. There are a number of options to reach this audience of the world’s most innovative organizations and startups at scale including developing prominent brand placement, driving demand generation, and building thought leadership among the vast majority of key decision-makers in the New York business community and beyond. In 2021 alone, AlleyWatch published 219 interviews with Founders that collectively raised $8.5B+. Learn more about advertising to NYC Tech at scale.
1. ConsenSys $450.0M
Round: Series D
Description: ConsenSys builds Ethereum blockchain infrastructure and applications ranging from developer tools to enterprise solutions. Founded by Andrew Keys, Joseph Lubin, and Rouven Heck in 2014, ConsenSys has now raised a total of $660.0M in total equity funding and is backed by Animoca Brands, Protocol Labs, Temasek Holdings, Mastercard, and BlackRock.
Investors in the round: Anthos Capital, C Ventures, Marshall Wace, Microsoft, ParaFi Capital, SoftBank Vision Fund, Sound Ventures, Temasek Holdings, Third Point Ventures, True Capital Management, UTA Ventures
Industry: Blockchain, Cryptocurrency, Mobile, Software
Founders: Andrew Keys, Joseph Lubin, Rouven Heck
Founding year: 2014
Total equity funding raised: $660.0M
The AlleyWatch audience is driving progress and innovation on a global scale. With its regional media properties, AlleyWatch serves as the highway for technology and entrepreneurship. There are a number of options to reach this audience of the world’s most innovative organizations and startups at scale including developing prominent brand placement, driving demand generation, and building thought leadership among the vast majority of key decision-makers in the New York business community and beyond. In 2021 alone, AlleyWatch published 219 interviews with Founders that collectively raised $8.5B+. Learn more about advertising to NYC Tech at scale.
