Armed with some data from our friends at CrunchBase, I broke down the largest NYC Startup funding rounds in New York for 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.
12. LeafLink $100.0M
Round: Series D
Description: LeafLink is a wholesale management platform that connects cannabis brands and retailers. Founded by Ryan Smith and Zach Silverman in 2016, LeafLink has now raised a total of $229.0M in total equity funding and is backed by RIV Capital, Lerer Hippeau, Thrive Capital, CPMG, and Founders Fund.
Investors in the round: CPMG, L2 Ventures, Nosara Capital
Month of Funding: February
Industry: B2B, Cannabis, Marketplace, SaaS, Wholesale
Founders: Ryan Smith, Zach Silverman
Founding year: 2016
Total equity funding raised: $229.0M
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.
12. Avenue One $100.0M
Round: Venture
Description: Avenue One provides a technology platform for property management services. Founded by William Martiner and Ryan Stroker in 2020, Avenue One has now raised a total of $100.0M in total equity funding and is backed by WestCap and MetLife Investment Management (MIM).
Investors in the round: William Martiner and Ryan Stroker
Month of Funding: May
Industry: Asset Management, Home Renovation, Property Management, Real Estate
Founders: Ryan Stroker, William Martiner
Founding year: 2020
Total equity funding raised: $100.0M
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.
11. Via $110.0M
Round: Venture
Description: Via is a transport company that offers public mobility solutions for transit agencies, school districts, cities, and corporations. Founded by Daniel Ramot and Oren Shoval in 2012, Via has now raised a total of $887.1M in total equity funding and is backed by BlackRock, Mercedes-Benz Group AG, Kapor Capital, Macquarie Capital, and 83North.
Investors in the round: 83North, Common Fund, EXOR N.V., ION Crossover Partners, Janus Henderson Investors, Pitango VC, Planven Entrepreneur Ventures, RiverPark Ventures
Month of Funding: February
Industry: Logistics, Mobile Apps, Real-Time, Ride Sharing, Transportation
Founders: Daniel Ramot, Oren Shoval
Founding year: 2012
Total equity funding raised: $887.1M
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. VAST Data $118.0M
Round: Series E
Description: VAST Data offers a unified data platform that integrates storage, database, and compute capabilities into a single software platform. Founded by Jeff Denworth, Renen Hallak, and Shachar Fienblit in 2016, VAST Data has now raised a total of $381.0M in total equity funding and is backed by Goldman Sachs, NVIDIA, Drive Capital, New Enterprise Associates, and Fidelity Management and Research Company.
Investors in the round: Bond Capital, Drive Capital, Fidelity Management and Research Company, New Enterprise Associates
Month of Funding: December
Industry: Artificial Intelligence (AI), Database, Software
Founders: Jeff Denworth, Renen Hallak, Shachar Fienblit
Founding year: 2016
Total equity funding raised: $381.0M
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. Chronosphere $115.0M
Round: Series C
Description: Chronosphere develops a scalable, reliable, and customizable monitoring solution built for cloud-native applications. Founded by Martin Mao and Rob Skillington in 2019, has now raised a total of $342.5M in total equity funding and is backed by GV, Founders Fund, Lux Capital, General Atlantic, and Spark Capital.
Investors in the round: Addition, Founders Fund, General Atlantic, Geodesic Capital, Glynn Capital Management, Greylock, GV, Lux Capital
Month of Funding: January
Industry: Analytics, Cloud Infrastructure, DevOps, Information Technology, Productivity Tools, SaaS
Founders: Martin Mao, Rob Skillington
Founding year: 2019
Total equity funding raised: $342.5M
AlleyWatch’s exclusive coverage of this round: Chronosphere Raises $115M for its Cloud Native Observability 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. Learn more about advertising to NYC Tech at scale.
9. Teamshares $124.0M
Round: Series D
Description: Teamshares is an employee ownership platform for small businesses. Founded by Alex Eu, Kevin Shiiba, and Michael Brown in 2019, Teamshares has now raised a total of $126.7M in total equity funding and is backed by Alumni Ventures, Union Square Ventures, QED Investors, Slow Ventures, and Khosla Ventures.
Investors in the round: Contrary, Inspired Capital Partners, Khosla Ventures, QED Investors, Slow Ventures, Spark Capital, Union Square Ventures
Month of Funding: August
Industry: Commercial, Financial Services, FinTech, Manufacturing, Retail
Founders: Alex Eu, Kevin Shiiba, Michael Brown
Founding year: 2019
Total equity funding raised: $126.7M
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. Headway $125.0M
Round: Series C
Description: Headway is building a new mental healthcare system that everyone can access. Founded by Andrew Adams, Dan Ross, Jake Sussman, and Kevin Chan in 2018, Headway has now raised a total of $225.5M in total equity funding and is backed by Andreessen Horowitz, Thrive Capital, Accel, Google Ventures, and Everywhere Ventures (The Fund).
Investors in the round: Accel, Andreessen Horowitz, Health Care Service Corporation, Spark Capital, Thrive Capital
Month of Funding: October
Industry: Health Care, Information Technology, Insurance, Mental Health, Therapeutics
Founders: Andrew Adams, Dan Ross, Jake Sussman, Kevin Chan
Founding year: 2018
Total equity funding raised: $225.5M
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.
8. Vestwell $125.0M
Round: Series D
Description: Vestwell develops a digital savings platform to create a retirement plan for employees. Founded by Aaron Schumm and Carlos Virella in 2016, Vestwell has now raised a total of $237.5M in total equity funding and is backed by Goldman Sachs, Morgan Stanley, Blue Owl, BNY Mellon, and Lightspeed Venture Partners.
Investors in the round: Blue Owl, Fin Capital, FinTech Collective, HarbourVest Partners, Lightspeed Venture Partners, Primary Venture Partners
Month of Funding: December
Industry: Employee Benefits, Finance, Financial Services, FinTech, Retirement
Founders: Aaron Schumm, Carlos Virella
Founding year: 2016
Total equity funding raised: $237.5M
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.
7. BlueVoyant $140.0M
Round: Series E
Description: BlueVoyant provides advanced threat intelligence, managed security services, and cybersecurity consulting to businesses and organizations. Founded by Jim Rosenthal and Thomas Glocer in 2017, BlueVoyant has now raised a total of $665.5M in total equity funding and is backed by 8VC, Temasek Holdings, Fiserv, J. Hunt Holdings, and Eden Global Partners.
Investors in the round: ISTARI, Liberty Strategic Capital
Month of Funding: November
Industry: Cyber Security, Network Security, Security, Software
Founders: Jim Rosenthal, Thomas Glocer
Founding year: 2017
Total equity funding raised: $665.5M
AlleyWatch’s exclusive coverage of this round: BlueVoyant Raises $140M+ and Acquires Conquest Cyber to Bolster its Cyber Defense Capabilities
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. Runway $141.0M
Round: Series C
Description: Runway is an applied AI research company that builds the next generation of creativity tools. Founded by Alejandro Matamala, Anastasis Germanidis, and Cristobal Valenzuela Barrera in 2018, Runway has now raised a total of $236.5M in total equity funding and is backed by NVIDIA, Google, Rogue VC, Madrona, and Salesforce Ventures.
Investors in the round: Google, NVIDIA, Rogue VC, Salesforce Ventures
Month of Funding: June
Industry: Apps, Artificial Intelligence (AI), Generative AI, Machine Learning, Software, Video Editing
Founders: Alejandro Matamala, Anastasis Germanidis, Cristoabal Valenzuela Barrera
Founding year: 2018
Total equity funding raised: $236.5M
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.
5. AlphaSense $150.0M
Round: Series E
Description: AlphaSense is an 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 $740.0M in total equity funding and is backed by Citi, BlackRock, Morgan Stanley, Bank of America, and Goldman Sachs Asset Management.
Investors in the round: Bond, CapitalG, Goldman Sachs Asset Management, Viking Global Investors
Month of Funding: September
Industry: Analytics, Artificial Intelligence (AI), Machine Learning, SaaS, Search Engine
Founders: Jack Kokko
Founding year: 2008
Total equity funding raised: $740.0M
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. Paradigm $203.0M
Round: Series A
Description: Paradigm is rebuilding the clinical research ecosystem. Founded by Milind Kamkolkar in 2022, has now raised a total of $203.0M in total equity funding and is backed by General Catalyst, GV, ARCH Venture Partners, Mubadala Capital Ventures, and F-Prime Capital.
Investors in the round: ARCH Venture Partners, BrightEdge Fund, F-Prime Capital, General Catalyst, GV, Lux Capital, Magnetic Ventures, Mubadala Capital Ventures
Month of Funding: January
Industry: Health Care, Health Diagnostics, Hospital, Life Science
Founders: Jonathan Hirsch
Founding year: 1993
Total equity funding raised: $203.0M
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.
3. Hugging Face $235.0M
Round: Series D
Description: Hugging Face allows users to build, train, and deploy art models using the reference open source in machine learning. Founded by Clement Delangue, Julien Chaumond, and Thomas Wolf in 2016, Hugging Face has now raised a total of $395.2M in total equity funding and is backed by Google, NVIDIA, Amazon, Intel, and Salesforce Ventures.
Investors in the round: Amazon, AMD, Google, IBM, Intel, NVIDIA, Qualcomm, Salesforce Ventures, Sound Ventures
Month of Funding: August
Industry: Artificial Intelligence (AI), Generative AI, Machine Learning, Natural Language Processing, Open Source, Software
Founders: Carlos A. Maldonado-Virella, Clement Delangue, Julien Chaumond, Thomas Wolf
Founding year: 2016
Total equity funding raised: $395.2M
AlleyWatch’s exclusive coverage of this round: Hugging Face Raises $235M for its Open Platform for AI and Machine Learning
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. 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
Month of Funding: April
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.
1. Ramp $300.0M
Round: Series D
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 $967.0M in total equity funding and is backed by Citi, Goldman Sachs, Stripe, General Catalyst, and Soma Capital.
Investors in the round: A* Partners, Altimeter Capital, Coatue, D1 Capital Partners, Definition, Founders Fund, General Catalyst, Honeycomb Portfolio, ICONIQ Capital, Kinetic Partners, Lux Capital, Montauk Ventures, Redpoint Ventures China, Sands Capital Ventures, Spark Capital, Stripe, Thrive Capital
Month of Funding: August
Industry: Finance, Financial Services, FinTech
Founders: Eric Glyman, Gene Lee, Karim Atiyeh
Founding year: 2019
Total equity funding raised: $967.0M
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.
