.a href=”https://www.alleywatch.com/profile//” target=”_blank”>.a href=”https://www.alleywatch.com/profile//” target=”_blank”>.a href=”https://www.alleywatch.com/profile//” target=”_blank”>.a href=”https://www.alleywatch.com/profile//” target=”_blank”>.a href=”https://www.alleywatch.com/profile//” target=”_blank”>.tyle=”text-align: center;”>
Armed with some data from our friends at Crunchbase, I broke down the largest global startup funding rounds from the first quarter of 2020. I have included some additional information such as industry, company description, round type, founders, and total equity funding raised to further the analysis. To maintain a focus on tech-enabled companies, real estate, biotech, and lending companies were excluded. This report only contains equity fundings.
Interested in the top NYC fundings? The Largest NYC Startup Fundings of Q1 2020
Interested in the top LA fundings? The Largest LA Startup Funding Rounds for Q1 2020
Interested in the top London fundings? The Largest London Startups Funding Rounds of Q1 2020
Interested in the top US fundings? These US Startups Raised the Most Funding in Q1 2020
CLICK HERE TO SEE THE TOP GLOBAL STARTUP FUNDING OF Q1 2020
The TechWatch Media Group audience is driving progress and innovation on a global scale. With its regional media properties (NYC Tech, LA Tech, London Tech, Paris Tech, Boston Tech), TechWatch Media Group is 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 having prominent brand placement in a high-visibility piece like this, which will be read by the vast majority of key influencers in the business community and beyond. Find out more here.
15. AvidXchange $260.0M
Round: Series F
Month of Funding: January
Description: Charlotte-based AvidXchange provides accounts payable and on-demand invoice management solutions. Founded by Michael Praeger in 2000, AvidXchange has now raised a total of $805.0M in total equity funding and is backed by investors that include Founders Fund, MasterCard, Bain Capital Ventures, Temasek Holdings, and TPG Sixth Street Partners.
Investors in the round: Sixth Street Partners
Industry: Payments, SaaS, Software
Founders: Michael Praeger
Founding year: 2000
Location: Charlotte
Total equity funding raised: $805.0M
The TechWatch Media Group audience is driving progress and innovation on a global scale. With its regional media properties (NYC Tech, LA Tech, London Tech, Paris Tech, Boston Tech), TechWatch Media Group is 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 having prominent brand placement in a high-visibility piece like this, which will be read by the vast majority of key influencers in the business community and beyond. Find out more here.
14. Berkshire Grey $263.0M
Round: Series B
Month of Funding: January
Description: Lexington-based Berkshire Grey develops a materials handling system intended to automate omnichannel fulfillment. Founded by Tom Wagner in 2013, Berkshire Grey has now raised a total of $263.0M in total equity funding and is backed by investors that include SoftBank, Canaan Partners, New Enterprise Associates, and Khosla Ventures.
Investors in the round: Canaan Partners, Khosla Ventures, New Enterprise Associates, SoftBank
Industry: Artificial Intelligence, Industrial Automation, Robotics, Software
Founders: Tom Wagner
Founding year: 2013
Location: Lexington
Total equity funding raised: $263.0M
The TechWatch Media Group audience is driving progress and innovation on a global scale. With its regional media properties (NYC Tech, LA Tech, London Tech, Paris Tech, Boston Tech), TechWatch Media Group is 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 having prominent brand placement in a high-visibility piece like this, which will be read by the vast majority of key influencers in the business community and beyond. Find out more here.
13. ClassPass $285.0M
Round: Series E
Month of Funding: January
Description: New York-based ClassPass is the world’s most flexible fitness and wellness membership, which gives you access to 30,000 gyms, studios, wellness partners. Founded by Mary Biggins, Payal Kadakia, and Sanjiv Sanghavi in 2013, ClassPass has now raised a total of $549.0M in total equity funding and is backed by investors that include Techstars, General Catalyst, L Catterton, WME, and BAM Ventures.
Investors in the round: Apax Digital, L Catterton, Temasek Holdings
Industry: Consumer Applications, Fitness, Health Care, Subscription Service, Training, Wellness
Founders: Mary Biggins, Payal Kadakia, Sanjiv Sanghavi
Founding year: 2013
Location: New York
Total equity funding raised: $549.0M
The TechWatch Media Group audience is driving progress and innovation on a global scale. With its regional media properties (NYC Tech, LA Tech, London Tech, Paris Tech, Boston Tech), TechWatch Media Group is 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 having prominent brand placement in a high-visibility piece like this, which will be read by the vast majority of key influencers in the business community and beyond. Find out more here.
12. Bakkt $300.0M
Round: Series B
Month of Funding: March
Description: Atlanta-based Bakkt is a financial services company that focuses on digital currency that specializes in concurrency, rewards, and loyalty points. Founded by Adam White, Kelly L. Loeffler, and Mike Blandina in 2018, Bakkt has now raised a total of $482.5M in total equity funding and is backed by investors that include PayU, Pantera Capital, M12, Galaxy Digital LP, and Horizons Ventures.
Investors in the round: CityBlock Capital, CMT Digital Ventures LLC, Goldfinch Partners, IntercontinentalExchange, M12, Pantera Capital, PayU, SGH CAPITAL, The Boston Consulting Group
Industry: Cryptocurrency, Digital Marketing, Loyalty Programs, Payments, Software
Founders: Adam White, Kelly L. Loeffler, Mike Blandina
Founding year: 2018
Location: Atlanta
Total equity funding raised: $482.5M
The TechWatch Media Group audience is driving progress and innovation on a global scale. With its regional media properties (NYC Tech, LA Tech, London Tech, Paris Tech, Boston Tech), TechWatch Media Group is 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 having prominent brand placement in a high-visibility piece like this, which will be read by the vast majority of key influencers in the business community and beyond. Find out more here.
12. MiningLamp $300.0M
Round: Series E
Month of Funding: March
Description: Beijing-based MiningLamp helps clients to build their own knowledge graphs and apply AI to their business, and finally transform data into insights. Founded by Minghui Wu in 2014, MiningLamp has now raised a total of $786.6M in total equity funding and is backed by investors that include China Renaissance, Kuaishou Technology, Sequoia Capital China, Temasek Holdings, and Tencent Holdings.
Investors in the round: China Renaissance, Kuaishou Technology, Sequoia Capital China, Temasek Holdings, Tencent Holdings
Industry: Artificial Intelligence, Big Data, Machine Learning, Software
Founders: Minghui Wu
Founding year: 2014
Location: Beijing
Total equity funding raised: $786.6M
The TechWatch Media Group audience is driving progress and innovation on a global scale. With its regional media properties (NYC Tech, LA Tech, London Tech, Paris Tech, Boston Tech), TechWatch Media Group is 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 having prominent brand placement in a high-visibility piece like this, which will be read by the vast majority of key influencers in the business community and beyond. Find out more here.
11. Netskope $340.0M
Round: Series G
Month of Funding: February
Description: Santa Clara-based Netskope is a software company that helps organizations understand online activities, protect data, stop threats, and respond to incidents. Founded by Sanjay Beri in 2012, Netskope has now raised a total of $740.1M in total equity funding and is backed by investors that include Sequoia Capital, Lightspeed Venture Partners, Dell Technologies Capital, Sapphire Ventures, and Accel.
Investors in the round: Accel, Base Partners, Canada Pension Plan Investment Board, Geodesic Capital, ICONIQ Capital, Lightspeed Venture Partners, PSP Investments, Sapphire Ventures, Sequoia Capital, Social Capital
Industry: Cloud Security, Cyber Security, Enterprise Software, SaaS, Software
Founders: Krishna Narayanaswamy, Sanjay Beri
Founding year: 2012
Location: Santa Clara
Total equity funding raised: $740.1M
The TechWatch Media Group audience is driving progress and innovation on a global scale. With its regional media properties (NYC Tech, LA Tech, London Tech, Paris Tech, Boston Tech), TechWatch Media Group is 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 having prominent brand placement in a high-visibility piece like this, which will be read by the vast majority of key influencers in the business community and beyond. Find out more here.
10. Toast $400.0M
Round: Series F
Month of Funding: February
Description: Boston-based Toast is an all-in-one point-of-sale and restaurant management platform for businesses in the food service and hospitality space. Founded by Aman Narang, Jonathan Grimm, and Steve Fredette in 2011, Toast has now raised a total of $899.0M in total equity funding and is backed by investors that include Eight Roads Ventures, TPG, F-Prime Capital, Tiger Global Management, and T. Rowe Price.
Investors in the round: Alta Park Capital, LP, Bessemer Venture Partners, Counterpart Advisors, Durable Capital Partners, G Squared, Greenoaks Capital, Light Street Capital, TCV, Tiger Global Management, TPG
Industry: Mobile, Point of Sale, Restaurants, SaaS, Software
Founders: Aman Narang, Jonathan Grimm, Steve Fredette
Founding year: 2011
Location: Boston
Total equity funding raised: $899.0M
The TechWatch Media Group audience is driving progress and innovation on a global scale. With its regional media properties (NYC Tech, LA Tech, London Tech, Paris Tech, Boston Tech), TechWatch Media Group is 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 having prominent brand placement in a high-visibility piece like this, which will be read by the vast majority of key influencers in the business community and beyond. Find out more here.
9. Pony.ai $462.0M
Round: Series B
Month of Funding: February
Description: Fremont-based Pony.ai is a startup that builds full-stack autonomous driving solutions. Founded by James Peng and Tiancheng Lou in 2016, Pony.ai has now raised a total of $726.0M in total equity funding and is backed by investors that include Toyota Motor Corporation, Eight Roads Ventures, Sequoia Capital, IDG Capital, and KUNLUN.
Investors in the round: KUNLUN, Sequoia Capital China, Toyota Motor Corporation
Industry: Artificial Intelligence, Automotive, Autonomous Vehicles, Information Technology, Software, Transportation
Founders: James Peng, Tiancheng Lou
Founding year: 2016
Location: Fremont
Total equity funding raised: $726.0M
The TechWatch Media Group audience is driving progress and innovation on a global scale. With its regional media properties (NYC Tech, LA Tech, London Tech, Paris Tech, Boston Tech), TechWatch Media Group is 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 having prominent brand placement in a high-visibility piece like this, which will be read by the vast majority of key influencers in the business community and beyond. Find out more here.
8. Snowflake $479.0M
Round: Series G
Month of Funding: February
Description: San Mateo-based Snowflake provides a data warehouse as a service designed for the cloud. Founded by Benoit Dageville, Marcin Zukowski, and Thierry Cruanes in 2012, Snowflake has now raised a total of $1.4B in total equity funding and is backed by investors that include Sequoia Capital, Salesforce Ventures, Madrona Venture Group, Dragoneer Investment Group, and Redpoint.
Investors in the round: Dragoneer Investment Group, Salesforce Ventures
Industry: Analytics, Cloud Data Services, Enterprise Software, SaaS, Software
Founders: Benoit Dageville, Marcin Zukowski, Thierry Cruanes
Founding year: 2012
Location: San Mateo
Total equity funding raised: $1.4B
The TechWatch Media Group audience is driving progress and innovation on a global scale. With its regional media properties (NYC Tech, LA Tech, London Tech, Paris Tech, Boston Tech), TechWatch Media Group is 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 having prominent brand placement in a high-visibility piece like this, which will be read by the vast majority of key influencers in the business community and beyond. Find out more here.
7. Impossible Foods $500.0M
Round: Series F
Month of Funding: March
Description: Redwood City-based Impossible Foods is a company developing plant-based substitutes for meat, dairy, and fish products. Founded by Monte Casino and Patrick Brown in 2011, Impossible Foods has now raised a total of $982.0M in total equity funding and is backed by investors that include Mirae Asset Global Investments, Bill Gates, Microsoft, UBS, and Khosla Ventures.
Investors in the round: Aboud Khaddam, Ahmir Khalib Thompson, Alexis Ohanian, Anton Zaslavski, Bill Gates, Horizons Ventures, Jaden Smith, Kal Penn, Katy Perry, Khosla Ventures, Kirk Cousins, Mindy Kaling, Mirae Asset Global Investments, Paul George, Philip Rosenthal, Ruby Rose Langenheim, Serena Williams, Shawn “Jay-Z” Carter, Temasek Holdings, Trevor Noah, William Adams
Industry: Cooking, Food and Beverage, Food Processing, Nutrition, Organic Food
Founders: Monte Casino, Patrick Brown
Founding year: 2011
Location: Redwood City
Total equity funding raised: $982.0M
The TechWatch Media Group audience is driving progress and innovation on a global scale. With its regional media properties (NYC Tech, LA Tech, London Tech, Paris Tech, Boston Tech), TechWatch Media Group is 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 having prominent brand placement in a high-visibility piece like this, which will be read by the vast majority of key influencers in the business community and beyond. Find out more here.
7. Revolut $500.0M
Round: Series D
Month of Funding: February
Description: London-based Revolut is a digital banking alternative for instant payment notification and free international money transfers and global fee-free travel. Founded by Nikolay Storonsky and Vlad Yatsenko in 2015, Revolut has now raised a total of $837.0M in total equity funding and is backed by investors that include Seedrs, Balderton Capital, Ribbit Capital, Global Founders Capital, and Draper Esprit.
Investors in the round: DST Global, GP Bullhound, Lakestar, Ribbit Capital, TCV
Industry: Banking, Customer Service, Financial Services, FinTech, Mobile Payments, Payments
Founders: Nikolay Storonsky, Vlad Yatsenko
Founding year: 2015
Location: London
Total equity funding raised: $837.0M
The TechWatch Media Group audience is driving progress and innovation on a global scale. With its regional media properties (NYC Tech, LA Tech, London Tech, Paris Tech, Boston Tech), TechWatch Media Group is 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 having prominent brand placement in a high-visibility piece like this, which will be read by the vast majority of key influencers in the business community and beyond. Find out more here.
6. Joby Aviation $590.0M
Round: Series C
Month of Funding: January
Description: Santa Cruz-based Joby Aviation develops a new generation of electric personal aircraft created to revolutionize personal mobility. Founded by JoeBen Bevirt in 2009, Joby Aviation has now raised a total of $720.0M in total equity funding and is backed by investors that include Toyota Motor Corporation, JetBlue Technology Ventures, Capricorn Investment Group, SPARX Group, and Toyota AI Ventures.
Investors in the round: Abdul Latif Jameel, Baillie Gifford, Capricorn Investment Group, Intel Capital, JetBlue Technology Ventures, SPARX Group, Toyota AI Ventures, Toyota Motor Corporation
Industry: Aerospace, Air Transportation, Manufacturing, Product Design, Transportation
Founders: JoeBen Bevirt
Founding year: 2009
Location: Santa Cruz
Total equity funding raised: $720.0M
The TechWatch Media Group audience is driving progress and innovation on a global scale. With its regional media properties (NYC Tech, LA Tech, London Tech, Paris Tech, Boston Tech), TechWatch Media Group is 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 having prominent brand placement in a high-visibility piece like this, which will be read by the vast majority of key influencers in the business community and beyond. Find out more here.
5. Grab $856.0M
Round: Series I
Month of Funding: February
Description: Singapore-based Grab is a super app that provides transportation, logistics and financial services. Founded by Anthony Tan and Tan Hooi Ling in 2012, Grab has now raised a total of $9.2B in total equity funding and is backed by investors that include SoftBank, Toyota Motor Corporation, Mitsubishi UFJ Financial Group, 500 Startups, and Coatue Management.
Investors in the round: Mitsubishi UFJ Financial Group, TIS Japan
Industry: Car Sharing, Ride Sharing, Transportation
Founders: Anthony Tan, Tan Hooi Ling
Founding year: 2012
Location: Midview City
Total equity funding raised: $9.2B
The TechWatch Media Group audience is driving progress and innovation on a global scale. With its regional media properties (NYC Tech, LA Tech, London Tech, Paris Tech, Boston Tech), TechWatch Media Group is 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 having prominent brand placement in a high-visibility piece like this, which will be read by the vast majority of key influencers in the business community and beyond. Find out more here.
4. Yuanfudao $1.0B
Round: Series G
Month of Funding: March
Description: Beijing-based Yuanfudao provides live courses and tutoring through an online platform. Founded by Shuai Ke, Xin Li, and Yong Li in 2012, Yuanfudao has now raised a total of $1.5B in total equity funding and is backed by investors that include Boyu Capital, Hillhouse Capital Group, IDG Capital, and Tencent Holdings.
Investors in the round: Boyu Capital, Hillhouse Capital Group, IDG Capital, Tencent Holdings
Industry: E-Learning, EdTech, Tutoring
Founders: Shuai Ke, Xin Li, Yong Li
Founding year: 2012
Location: Beijing
Total equity funding raised: $1.5B
The TechWatch Media Group audience is driving progress and innovation on a global scale. With its regional media properties (NYC Tech, LA Tech, London Tech, Paris Tech, Boston Tech), TechWatch Media Group is 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 having prominent brand placement in a high-visibility piece like this, which will be read by the vast majority of key influencers in the business community and beyond. Find out more here.
3. Gojek $1.2B
Round: Series F
Month of Funding: March
Description: Jakarta-based Gojek is a Super App that provides a variety of services from payments, food delivery, transportation and logistics . Founded by Kevin Aluwi, Michaelangelo Moran, and Nadiem Makarim in 2010, Gojek has now raised a total of $4.5B in total equity funding and is backed by investors that include Google, Tencent Holdings, and Temasek.
Industry: Food Delivery, Information Technology, Lifestyle, Logistics, Mobile Payments, News, Payments
Founders: Kevin Aluwi, Michaelangelo Moran, Nadiem Makarim
Founding year: 2010
Location: Jakarta
Total equity funding raised: $4.5B
The TechWatch Media Group audience is driving progress and innovation on a global scale. With its regional media properties (NYC Tech, LA Tech, London Tech, Paris Tech, Boston Tech), TechWatch Media Group is 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 having prominent brand placement in a high-visibility piece like this, which will be read by the vast majority of key influencers in the business community and beyond. Find out more here.
2. Waymo $2.3B
Round: Venture
Month of Funding: March
Description: Mountain View-based Waymo improves transportation by developing self-driving technology developed in Google’s labs. Founded by Anthony Levandowski in 2009, Waymo has now raised a total of $2.3B in total equity funding and is backed by investors that include Andreessen Horowitz, Silver Lake Partners, Alphabet, Magna International, and Canada Pension Plan Investment Board.
Investors in the round: Alphabet, Andreessen Horowitz, AutoNation, Canada Pension Plan Investment Board, Magna International, Mubadala Capital | Ventures Europe, Mubadala Capital | Ventures US, Silver Lake Partners
Industry: Automotive, Autonomous Vehicles, Robotics, Sensor, Transportation
Founders: Anthony Levandowski
Founding year: 2009
Location: Mountain View
Total equity funding raised: $2.3B
The TechWatch Media Group audience is driving progress and innovation on a global scale. With its regional media properties (NYC Tech, LA Tech, London Tech, Paris Tech, Boston Tech), TechWatch Media Group is 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 having prominent brand placement in a high-visibility piece like this, which will be read by the vast majority of key influencers in the business community and beyond. Find out more here.
1. Ke.com $2.4B
Round: Series D
Month of Funding: March
Description: Beijing-based Beike is a platform that enables real estate agents to list second-hand property, new property, and rental property. Founded in 2017, Ke.com has now raised a total of $3.6B in total equity funding and is backed by investors that include Hillhouse Capital Group, Sequoia Capital China, SoftBank, and Tencent Holdings.
Investors in the round: Hillhouse Capital Group, Sequoia Capital China, SoftBank, Tencent Holdings
Industry: Building Material, Internet, Property Management, Real Estate
Founding year: 2017
Location: Beijing
Total equity funding raised: $3.6B
The TechWatch Media Group audience is driving progress and innovation on a global scale. With its regional media properties (NYC Tech, LA Tech, London Tech, Paris Tech, Boston Tech), TechWatch Media Group is 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 having prominent brand placement in a high-visibility piece like this, which will be read by the vast majority of key influencers in the business community and beyond. Find out more here.