Today, I take a look at the 20 companies that have raised the largest startup funding rounds in New York City in 2017 using some data from our friends at Crunchbase. In addition to dollar amount, I have included industry, round, date of funding, total equity funding raised, founding year, and a brief description. Lastly, in order to maintain a focus on conventional tech-enabled startups, pharmaceutical, financing, real estate, and biotech companies were removed from the data.
Quick Findings:
- The 20 largest funding rounds in NYC in 2017 total $2.4B Tweet this
- The total funding raised in NYC in 2017 was over $6.6B Tweet this
- The top 20 rounds comprise 36% of the total $ amount raised in NYC in 2017 Tweet this
- 20.83% of the largest startup rounds in NYC in 2017 were for companies founded by at least 1 woman Tweet this
- 8.33% of the largest startup rounds in NYC in 2017 were for companies with a single founder Tweet this
CLICK HERE TO SEE THE 20 NYC COMPANIES THAT RAISED THE LARGEST ROUNDS IN 2017
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Description: Artsy is the global platform for discovering and collecting art.
Industry: Art, Content Discovery, Internet
Year Founded: 2009
Date of funding: 07/18
Total equity funding: $99,530,053
20. Collibra $50,000,000
Round: Series C
Description: Collibra automates data management processes by providing business-focused applications where collaboration and ease-of-use come first.
Industry: Enterprise Software, Information Services, SaaS
Year Founded: 2008
Date of funding: 01/18
Total equity funding: $75,986,132
19. Yotpo $51,000,000
Round: Series D
Description: Yotpo is a user-generated content (UGC) marketing platform for online businesses.
Industry: Content, E-Commerce, Marketing, Social Media Marketing
Year Founded: 2011
Date of funding: 11/08
Total equity funding: $101,000,000
18. ServiceChannel $54,000,000
Round: Venture
Description: Provides facility managers with a single platform to procure, manage and pay for facility maintenance services.
Industry: Enterprise, Facility Management, Information Services, Internet, SaaS
Year Founded: 1999
Date of funding: 05/02
Total equity funding: $54,000,000
17. fuboTV $55,000,000
Round: Series C
Description: fuboTV is an OTT subscription service that streams premium sports and live channels.
Industry: Digital Entertainment, Sports, Subscription Service
Year Founded: 2014
Date of funding: 06/19
Total equity funding: $74,850,000
16. SeatGeek $57,000,000
Round: Series D
Description: SeatGeek is a ticket search engine that aggregates ticket listings for live sports, concerts, and theater events.
Industry: Concerts, Ediscovery, Events, Search Engine, Sports, Ticketing, Vertical Search
Year Founded: 2009
Date of funding: 04/18
Total equity funding: $159,970,000
15. Cadre $65,000,000
Round: Series C
Description: Cadre is an online marketplace that connects investors and operators of real estate.
Industry: Financial Services, FinTech, Marketplace, Real Estate
Year Founded: 2014
Date of funding: 06/06
Total equity funding: $133,300,000
15. Spring Inc $65,000,000
Round: Series C
Description: Spring is a retail company that sells a wide range of items from apparel to home and garden items.
Industry: Apps, E-Commerce, Internet, Retail, Shopping
Year Founded: 2013
Date of funding: 05/11
Total equity funding: $97,500,000
14. United Masters $70,000,000
Round: Series A
Description: United Masters gives musicians an alternative to exploitative record label deals.
Industry: Marketing, Music, Music Label
Year Founded: 2017
Date of funding: 11/15
Total equity funding: $70,000,000
14. Betterment $70,000,000
Round: Series E
Description: Betterment is a goal-based online investment company, delivering personalized financial advice paired with low fees and customer experience.
Industry: Finance, Financial Services, FinTech, Impact Investing
Year Founded: 2008
Date of funding: 07/21
Total equity funding: $275,000,000
14. ClassPass $70,000,000
Round: Series C
Description: ClassPass is the leading membership to the world’s largest fitness network.
Industry: Consumer Applications, Fitness, Health Care, Subscription Service
Year Founded: 2013
Date of funding: 06/16
Total equity funding: $154,000,000
13. Kobalt $75,000,000
Round: Series D
Description: Kobalt is a music services company that offers alternative to traditional music business models.
Industry: Independent Music, Marketing, Music
Year Founded: 2000
Date of funding: 05/07
Total equity funding: $205,000,000
12. Vroom $76,000,000
Round: Series F
Description: Vroom is an online direct car retailer that makes car-buying and -selling fast and easy.
Industry: Automotive, Customer Service, E-Commerce, FinTech
Year Founded: 2013
Date of funding: 07/14
Total equity funding: $294,250,000
11. Freshly $77,000,000
Round: Series C
Description: Freshly delivers gourmet ready-made meals, prepared and delivered to the your door.
Industry: E-Commerce, Food Delivery, Internet
Year Founded: 2012
Date of funding: 06/20
Total equity funding: $107,000,000
10. Blink Health $90,000,000
Round: Series B
Description: Blink Health is a web-based application that enables users to search for medical prescriptions online and pick them up from any pharmacy.
Industry: Biopharma, Medical, Pharmaceutical
Year Founded: 2014
Date of funding: 04/12
Total equity funding: $165,000,000
9. InVision $100,000,000
Round: Series E
Description: InVision is a product design collaboration platform.
Industry: Apps, Collaboration, Mobile, Product Design, SaaS, UX Design
Year Founded: 2011
Date of funding: 11/01
Total equity funding: $234,100,000
9. letgo $100,000,000
Round: Series D
Description: letgo is the largest and fastest growing app to buy and sell locally.
Industry: Apps, E-Commerce, Internet, Marketplace, Shopping
Year Founded: 2015
Date of funding: 09/28
Total equity funding: $375,000,000
8. Zeta Global $115,000,000
Round: Series F
Description: Zeta offers technology and marketing services to help brands acquire, engage, and retain customers.
Industry: Advertising, Information Services, Marketing
Year Founded: 2007
Date of funding: 04/27
Total equity funding: $310,000,000
7. Lemonade $120,000,000
Round: Series C
Description: Lemonade offers homeowners and renters insurance powered by artificial intelligence and behavioral economics.
Industry: Artificial Intelligence, Financial Services, Insurance, InsurTech
Year Founded: 2015
Date of funding: 12/19
Total equity funding: $180,000,000
5. Moda Operandi $165,000,000
Round: Series F
Description: Moda Operandi is an online luxury fashion retailer that allows members to pre-order ready-to-wear accessories and jewelry.
Industry: E-Commerce, Fashion, Lifestyle, Retail
Year Founded: 2010
Date of funding: 12/06
Total equity funding: $293,747,906
4. Casper $170,000,000
Round: Series C
Description: Casper is a sleep startup that manufactures comfortable mattress sold directly to consumers.
Industry: E-Commerce, Hardware, Lifestyle, Retail
Year Founded: 2013
Date of funding: 06/18
Total equity funding: $239,700,000
3. letgo $175,000,000
Round: Series C
Description: letgo is the largest and fastest growing app to buy and sell locally.
Industry: Apps, E-Commerce, Internet, Marketplace, Shopping
Year Founded: 2015
Date of funding: 01/17
Total equity funding: $375,000,000
2. Peloton $325,000,000
Round: Series E
Description: Peloton uses technology and design to connect the world through fitness, empowering people to be the best version of themselves.
Industry: Content, Cycling, Fitness, Hardware, Video Streaming
Year Founded: 2012
Date of funding: 05/24
Total equity funding: $444,400,000
1. Compass $450,000,000
Round: Series E
Description: Compass is a technology-driven real estate platform.
Industry: Local, Mobile, Real Estate
Year Founded: 2012
Date of funding: 12/07
Total equity funding: $758,000,000