Armed with some data from our friends at CrunchBase, I broke down the largest NYC Startup funding rounds in New York for April 2023. I have included some additional information such as industry, description, round type, and total equity funding raised to further the analysis of 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. Learn more about advertising to NYC Tech at scale.
11. Axoni $20.0M
Round: Venture
Description: Axoni offers blockchain infrastructure, distributed application development, and workflow automation tools. Founded by Greg Schvey and Jeff Schvey in 2013, Axoni has now raised a total of $109.8M in total equity funding and is backed by Deutsche Bank, Citi, JP Morgan Chase, Andreessen Horowitz, and UBS.
Investors in the round: Andreessen Horowitz, Citi, CME Ventures, Coatue, Communitas Capital Partners, DCVC, Deutsche Bank, Digital Currency Group, EJF Capital, F-Prime Capital, FinTech Collective, Franklin Templeton Investments, Goldman Sachs, HSBC, Intel Capital, JPMorgan Partners, Laurion Capital Management, LSEG, Nyca Partners, UBS, Wells Fargo, Y Combinator
Industry: Analytics, Blockchain, Financial Services, FinTech, Software
Founders: Greg Schvey, Jeff Schvey
Founding year: 2013
Total equity funding raised: $109.8M
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. Learn more about advertising to NYC Tech at scale.
11. NetBox Labs $20.0M
Round: Series A
Description: NetBox Labs makes the management of complex networks easier for operators by delivering open and composable products. Founded by Jeremy Stretch, Kris Beevers, Mark Coleman, Salil Jani, and Shannon Weyrick in 2023, NetBox Labs has now raised a total of $20.0M in total equity funding and is backed by NS1, Founder Collective, IBM, Flybridge, and Salesforce Ventures.
Investors in the round: Entree Capital, Flybridge, Founder Collective, GGV Capital, IBM, Mango Capital, Raj Dutt, Salesforce Ventures, Two Sigma Ventures
Industry: Open Source, Professional Networking, SaaS
Founders: Jeremy Stretch, Kris Beevers, Mark Coleman, Salil Jani, Shannon Weyrick
Founding year: 2023
Total equity funding raised: $20.0M
AlleyWatch’s exclusive coverage of this round: NetBox Labs Raises $20M to Automate Network Management with an Open-Source Solution
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. Learn more about advertising to NYC Tech at scale.
11. Rinsed $20.0M
Round: Series B
Description: Rinsed is a provider of easy-to-use customer relationship management software for the car wash industry. Founded by Austin Esecson, Nicholas Hippenmeyer, and Samuel Logan in 2019, Rinsed has now raised a total of $35.0M in total equity funding and is backed by Y Combinator, Mischief, Founders Fund, VMG Partners, and Bedrock Capital.
Investors in the round: VMG Partners
Industry: Software
Founders: Austin Esecson, Nicholas Hippenmeyer, Samuel Logan
Founding year: 2019
Total equity funding raised: $35.0M
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. Learn more about advertising to NYC Tech at scale.
10. Katmai Tech $22.0M
Round: Series A
Description: Katmai Tech is a software startup that develops a cloud-based 3D video conferencing platform. Founded by Erik Braund in 2020, Katmai Tech has now raised a total of $22.0M in total equity funding and is backed by Sidney Rice, The Marketing Store, and Starr Insurance Companies.
Investors in the round: Sidney Rice, Starr Insurance Companies, The Marketing Store
Industry: 3D Technology, Software, Video Conferencing
Founders: Erik Braund
Founding year: 2020
Total equity funding raised: $22.0M
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. Learn more about advertising to NYC Tech at scale.
9. INSHUR $26.0M
Round: Series B
Description: INSHUR is a digital insurance platform that provides auto insurance to drivers and fleet owners. Founded by Dan Bratshpis, David Daiches, Mathew Donfrancesco, Matthew Tomlinson, and Richard Anderson in 2016, INSHUR has now raised a total of $60.6M in total equity funding and is backed by Jerusalem Venture Partners (JVP), Munich Re Ventures, MTech Capital, and Viola FinTech.
Investors in the round: Jerusalem Venture Partners (JVP), MTech Capital, Munich Re Ventures, Viola FinTech
Industry: Auto Insurance, Big Data, Commercial Insurance, Insurance
Founders: Dan Bratshpis, David Daiches, Mathew Donfrancesco, Matthew Tomlinson, Richard Anderson
Founding year: 2016
Total equity funding raised: $60.6M
AlleyWatch’s exclusive coverage of this round: INSHUR Raises $26M for its All-In-One Platform for Insurance for Rideshare Drivers and Acquires American Business Insurance Services
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. Learn more about advertising to NYC Tech at scale.
8. Polywork $28.0M
Round: Series B
Description: Polywork is a social networking platform that allows professionals to collaborate with eachother. Founded by Peter Johnston in 2020, Polywork has now raised a total of $44.6M in total equity funding and is backed by Techstars, Andreessen Horowitz, Elad Gil, Caffeinated Capital, and Kevin Lin.
Investors in the round: Andreessen Horowitz, Andres federico Luchessoli, Baron Davis, Bungalow Capital Management, Caffeinated Capital, Daniel Gross, Elad Gil, Fidji Simo, John Collison, Mariam Naficy, Maverick Carter, Nat Friedman
Industry: Collaboration, Information Technology, Professional Networking, Social Network
Founders: Peter Johnston
Founding year: 2020
Total equity funding raised: $44.6M
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. Learn more about advertising to NYC Tech at scale.
7. Oshi Health $30.0M
Round: Series B
Description: Oshi Health is a digital health platform that provides personalized support and resources for people with digestive health conditions. Founded by Sam Holliday, Sameer Berry, and Sona Chandra in 2019, Oshi Health has now raised a total of $59.5M in total equity funding and is backed by Koch Disruptive Technologies, Bessemer Venture Partners, Frist Cressey Ventures, Flare Capital Partners, and Operator Partners.
Investors in the round: Bessemer Venture Partners, CVS Health Ventures, Flare Capital Partners, Frist Cressey Ventures, Koch Disruptive Technologies, Takeda Digital Ventures
Industry: Health Care, Medical, Mobile
Founders: Sam Holliday, Sameer Berry, Sona Chandra
Founding year: 2019
Total equity funding raised: $59.5M
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. Learn more about advertising to NYC Tech at scale.
6. CookUnity $47.0M
Round: Venture
Description: CookUnity is a meal subscription and delivery platform that connects private chefs with consumers. Founded by Lucia Cisilotto, Mateo Marietti, and Matias Serebrinsky in 2015, CookUnity has now raised a total of $121.9M in total equity funding and is backed by Gaingels, Insight Partners, AngelPad, Evolution VC Partners, and Bossanova Investimentos.
Industry: Consumer Applications, Food and Beverage, Food Delivery, Organic Food, Subscription Service
Founders: Lucia Cisilotto, Mateo Marietti, Matias Serebrinsky
Founding year: 2015
Total equity funding raised: $121.9M
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. Learn more about advertising to NYC Tech at scale.
5. Odeko $53.0M
Round: Series D
Description: Odeko develops a business-grade software platform for small enterprises. Founded by Dane Atkinson in 2019, Odeko has now raised a total of $227.0M in total equity funding and is backed by JP Morgan Chase, Gaingels, Y Combinator, Alumni Ventures, and Tiger Global Management.
Investors in the round: American Express Ventures, B Capital Group, FJ Labs, GGV Capital, KSV Global, Tiger Global Management
Industry: Business Development, Operating Systems, Software
Founders: Dane Atkinson
Founding year: 2019
Total equity funding raised: $227.0M
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. Learn more about advertising to NYC Tech at scale.
4. Cybersyn $62.9M
Round: Series A
Description: Cybersyn is a company that was created for the age of data exchange and quick movement. Founded by Alex Izydorczyk in 2022, Cybersyn has now raised a total of $62.9M in total equity funding and is backed by Snowflake, Sequoia Capital, and Coatue.
Investors in the round: Coatue, Sequoia Capital, Snowflake
Industry: Analytics, Database, Software
Founders: Alex Izydorczyk
Founding year: 2022
Total equity funding raised: $62.9M
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. Learn more about advertising to NYC Tech at scale.
3. Spring Health $71.0M
Round: Venture
Description: Spring Health provides mental health solution for employers and health plans. Founded by Abhishek Chandra, Adam Chekroud, and April Koh in 2016, Spring Health has now raised a total of $366.5M in total equity funding and is backed by Tiger Global Management, Northzone, Kinnevik, AlleyCorp, and BBG Ventures.
Industry: Artificial Intelligence, Health Care, mHealth, Wellness
Founders: Abhishek Chandra, Adam Chekroud, April Koh
Founding year: 2016
Total equity funding raised: $366.5M
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. Learn more about advertising to NYC Tech at scale.
2. Pinecone $100.0M
Round: Series B
Description: Pinecone is a vector database that allows developers to include vector search into production applications. Founded by Edo Liberty in 2019, Pinecone has now raised a total of $138.0M in total equity funding and is backed by Andreessen Horowitz, Tiger Global Management, Menlo Ventures, Wing Venture Capital, and ICONIQ Growth.
Investors in the round: Andreessen Horowitz, ICONIQ Growth, Menlo Ventures, Wing Venture Capital
Industry: Artificial Intelligence, Database, Product Search, Productivity Tools, Semantic Search, Software, Vertical Search, Visual Search
Founders: Edo Liberty
Founding year: 2019
Total equity funding raised: $138.0M
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. Learn more about advertising to NYC Tech at scale.
2. AlphaSense $100.0M
Round: Series D
Description: AlphaSense is a intelligence platform that uses artificial intelligence allowing professionals to make critical decisions. Founded by Jack Kokko in 2008, AlphaSense has now raised a total of $590.0M in total equity funding and is backed by Citi, Bank of America, BlackRock, CapitalG, and Cowen Group.
Investors in the round: CapitalG, Goldman Sachs Asset Management, Viking Global Investors
Industry: Analytics, Artificial Intelligence, Machine Learning, SaaS, Search Engine
Founders: Jack Kokko
Founding year: 2008
Total equity funding raised: $590.0M
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. Learn more about advertising to NYC Tech at scale.
1. Clear Street $270.0M
Round: Series B
Description: Clear Street develops a modern infrastructure for capital markets. Founded by Chris Pento and Sachin Kumar in 2018, Clear Street has now raised a total of $470.0M in total equity funding and is backed by NEAR Foundation, Prysm Capital, Illia Polosukhin, Walleye Capital, and McLaren Strategic Ventures.
Investors in the round: Prysm Capital
Industry: Cloud Infrastructure, Financial Services, FinTech
Founders: Chris Pento, Sachin Kumar
Founding year: 2018
Total equity funding raised: $470.0M
AlleyWatch’s exclusive coverage of this round: Clear Street Adds $270M to its Series B Round for its Tech-Enabled Prime Brokerage
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. Learn more about advertising to NYC Tech at scale.
