New York’s startup ecosystem had another strong month in July 2026, with founders across finance, AI, travel, and healthcare pulling in significant capital from some of the world’s most sophisticated investors. From a DeFi risk platform securing nine figures to a food delivery giant raising more than half a billion, the range of sectors represented underscores just how broad and deep NYC’s tech ambitions have become. Here’s a look at the largest funding rounds NYC startups closed last month — including who’s backing them, who built them, and what they’re building next.
Pearl Health provides an integrated platform to help primary care providers focus their attention on the patients who need it. Founded by Ankit Patel, Jeff De Flavio, Kevin Ryan, and Michael Kopko in 2020, Pearl Health has now raised a total of $125M in total equity funding and is backed by Andreessen Horowitz, Alumni Ventures, SV Angel, AlleyCorp, and Gaingels.
Vendelux is a developer of AI-powered event intelligence platform optimizing B2B marketing, meetings, and event ROI. Founded by Alex Reynolds and Stefan Deeran in 2021, Vendelux has now raised a total of $67.1M in total equity funding and is backed by Alumni Ventures, FirstMark, S3 Ventures, Cervin Ventures, and HubSpot Ventures.
Fora is a travel agency platform that connects travelers with independent travel advisors for trip planning and booking services. Founded by Evan Frank, Henley Vazquez, and Jake Peters in 2021, Fora has now raised a total of $138.5M in total equity funding and is backed by Amy Schumer, Insight Partners, Forerunner, Thrive Capital, and Tribeca Venture Partners.
InstaLILY develops artificial intelligence software that helps organizations automate complex sales, service, and operational workflows. Founded by Amit Shah and Sumantro Das in 2023, InstaLILY AI has now raised a total of $85M in total equity funding and is backed by Insight Partners, Energize Capital, Home Depot Ventures, United Rentals, and Perceptive Ventures.
Cover Genius provides an insurance distribution platform designed to protect the customers of e-commerce companies. Founded by Angus McDonald and Chris Bayley in 2014, Cover Genius has now raised a total of $345.1M in total equity funding and is backed by Vista Equity Partners, Spark Capital, Dawn Capital, G Squared, and King River Capital.
Norm AI develops AI software that embeds legal reasoning into AI agents to automate legal and compliance tasks. Founded by John Nay in 2023, Norm AI has now raised a total of $321M in total equity funding and is backed by Craft Ventures, Khosla Ventures, Bain Capital, Coatue, and Bain Capital Ventures.
Gauntlet develops quantitative risk management and yield optimization solutions for DeFi protocols and institutional participants. Founded by John Morrow, Rei Chiang, and Tarun Chitra in 2018, Gauntlet has now raised a total of $169.8M in total equity funding and is backed by Paradigm, Dragonfly, Coinbase Ventures, First Round Capital, and Hack VC.
CAIS is a financial technology platform that provides independent wealth channels with access to alternative investments. Founded by Jeremy Norton, Matthew Brown, and Rafay Farooqui in 2009, CAIS has now raised a total of $916M in total equity funding and is backed by Franklin Templeton, Vista Equity Partners, Fortress Investment Group, Motive Partners, and Apollo.
Wonder operates a mealtime platform offering restaurant meals, meal kits, and food delivery through a unified ordering experience. Founded by Juan Cappello and Marc Lore in 2018, Wonder has now raised a total of $3.1B in total equity funding and is backed by General Catalyst, Accel, New Enterprise Associates, Bain Capital Ventures, and Forerunner.
