Armed with some data from our friends at CrunchBase, I broke down the largest NYC Startup funding rounds in New York for June 2024. I have included some additional information such as industry, description, round type, and to tal 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. Norm AI $27.0M
Round: Series A
Description: Norm AI provides an AI-powered regulatory compliance platform for the legal and compliance industries. Founded by John Nay in 2023, Norm AI has now raised a total of $38.1M in total equity funding and is backed by M13, Haystack, Basis Set Ventures, Citi Ventures, and TIAA.
Investors in the round: Bain Capital Ventures, Blackstone Innovations Investments, Citi Ventures, Coatue, Jefferson River Capital, New York Life Ventures, TIAA
Industry: Artificial Intelligence (AI), Compliance, Information Technology, Legal Tech
Founders: John Nay
Founding year: 2023
Total equity funding raised: $38.1M
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.
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11. Findigs $27.0M
Round: Series B
Description: Findigs is a rental platform that streamlines the rental screening process and assists decision-making. Founded by Keith Gilvar and Steve Carroll in 2018, Findigs has now raised a total of $39.7M in total equity funding and is backed by Activant Capital, Nyca Partners, Colle Capital Partners, Frontier Venture Capital, and RPM Ventures.
Investors in the round: Activant Capital, Colle Capital Partners, Expa, Frontier Venture Capital, Nyca Partners, RPM Ventures, Streamlined Ventures
Industry: Leasing, Property Management, Rental, Rental Property
Founders: Keith Gilvar, Steve Carroll
Founding year: 2018
Total equity funding raised: $39.7M
AlleyWatch’s exclusive coverage of this round: Findigs Raises $27M to Enhance the Rental Screening Process with its 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.
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10. HYPR $30.0M
Round: Venture – Series Unknown
Description: HYPR is an identity assurance company that specializes in passwordless authentication solutions. Founded by Bojan Simic, George Avetisov, James Barcia, and Roman Kadinsky in 2014, HYPR has now raised a total of $122.1M in total equity funding and is backed by Alumni Ventures, Mastercard, boldstart ventures, Allen & Company, and .406 Ventures.
Investors in the round: Silver Lake Waterman
Industry: Cyber Security, Identity Management, Mobile, Security
Founders: Bojan Simic, George Avetisov, James Barcia, Roman Kadinsky
Founding year: 2014
Total equity funding raised: $122.1M
AlleyWatch’s exclusive coverage of this round: HYPR Adds $30M to Make Passwordless Authentication the Standard in Identity Verfication
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. LiftForward $30.0M
Round: Series C
Description: LiftForward provides corporations with payment solutions that power subscription services, membership programs and Hardware as a Service. Founded by Jeffrey Rogers in 2013, LiftForward has now raised a total of $36.3M in total equity funding and is backed by Monroe Capital, GLI Finance, IA Capital Group, Varadero Capital, and Syncora Holdings.
Investors in the round: 0
Industry: Financial Services, Subscription Service
Founders: Jeffrey Rogers
Founding year: 2013
Total equity funding raised: $36.3M
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. Adonis $31.0M
Round: Series B
Description: Adonis is a revenue intelligence and automation platform built for healthcare that improve critical RCM outcomes. Founded by Akash Magoon and Aman Magoon in 2022, Adonis has now raised a total of $53.9M in total equity funding and is backed by Soma Capital, Point72 Ventures, Everywhere Ventures (The Fund), Correlation Ventures, and General Catalyst.
Investors in the round: Bling Capital, General Catalyst, Kin Ventures, Max Ventures, Point72 Ventures
Industry: Health Care, Information Technology, Software
Founders: Akash Magoon, Aman Magoon
Founding year: 2022
Total equity funding raised: $53.9M
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.
8. Finaloop $35.0M
Round: Series A
Description: Finaloop offers real-time ecommerce accounting software and bookkeeping services for DTC, multichannel & wholesale. Founded by Eliran Azulai, Lioran Pinchevski, Omri Haim, and Yaron Revah in 2019, Finaloop has now raised a total of $52.0M in total equity funding and is backed by Aleph, Operator Partners, Accel, Lightspeed Venture Partners, and Vesey Ventures.
Investors in the round: Accel, Aleph, Commerce Ventures, Lightspeed Venture Partners, Vesey Ventures
Industry: Accounting, Artificial Intelligence (AI), Bookkeeping and Payroll, E-Commerce, SaaS
Founders: Eliran Azulai, Lioran Pinchevski, Omri Haim, Yaron Revah
Founding year: 2019
Total equity funding raised: $52.0M
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.
7. Pomelo Care $46.0M
Round: Series B
Description: Pomelo Care develops an online pregnancy care platform to provide virtual maternity and neonatal care services. Founded by Marta Bralic in 2021, Pomelo Care has now raised a total of $87.0M in total equity funding and is backed by Stripes, Allen & Company, Andreessen Horowitz, Operator Partners, and First Round Capital.
Investors in the round: Adam Boehler, Andreessen Horowitz, BoxGroup, First Round Capital, Operator Partners, Puneet Singh, Stripes, SV Angel
Industry: Child Care, Health Care, Hospital, Mobile Apps
Founders: Marta Bralic
Founding year: 2021
Total equity funding raised: $87.0M
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.
6. Emergence $97.2M
Round: Seed
Description: Emergence is technology company that advances science and development of AI agent systems for enterprise. Founded by Satya Nitta, Ravi Kokku, and Sharad Sundararajan in 2018, Emergence has now raised a total of $97.2M in total equity funding and is backed by Learn Capital.
Investors in the round: Learn Capital
Industry: Artificial Intelligence (AI), Information Technology, Internet
Founders: Satya Nitta, Ravi Kokku, Sharad Sundararajan
Founding year: 2018
Total equity funding raised: $97.2M
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. Hebbia $100.0M
Round: Series B
Description: Hebbia develops AI agents for financial services firms. Founded by George Sivulka, Lukas Schmit, and Tim Lupo in 2020, Hebbia has now raised a total of $131.1M in total equity funding and is backed by Floodgate, Abstract Ventures, Peter Thiel, Radical Ventures, and Andreessen Horowitz.
Investors in the round: Andreessen Horowitz
Industry: Business Intelligence, Machine Learning, Productivity Tools
Founders: George Sivulka, Lukas Schmit, Tim Lupo
Founding year: 2020
Total equity funding raised: $131.1M
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.
4. Talkiatry $130.0M
Round: Series C
Description: Talkiatry provides virtual mental healthcare covered by insurance, connecting patients with licensed psychiatrists. Founded by Georgia Gaveras and Robert Krayn in 2019, Talkiatry has now raised a total of $242.0M in total equity funding and is backed by Left Lane Capital, Andreessen Horowitz, Perceptive Advisors, Blisce, and Cold Start Ventures.
Investors in the round: Andreessen Horowitz, Perceptive Advisors
Industry: Health Care, Medical, Mental Health, mHealth, Wellness
Founders: Georgia Gaveras, Robert Krayn
Founding year: 2019
Total equity funding raised: $242.0M
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. EvolutionaryScale $142.0M
Round: Seed
Description: EvolutionaryScale is a developer of biological artificial intelligence models for therapeutic design. Founded by Alexander Rives, Tom Sercu, and Sal Candido in 2023, EvolutionaryScale has now raised a total of $142.0M in total equity funding and is backed by Amazon, Daniel Gross, Nat Friedman, NVentures, and Lux Capital.
Investors in the round: Amazon, Daniel Gross, Lux Capital, Nat Friedman, NVentures
Industry: Bioinformatics, Biotechnology, Health Care
Founders: Alexander Rives, Tom Sercu, Sal Candido
Founding year: 2023
Total equity funding raised: $142.0M
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. Formation Bio $372.0M
Round: Series D
Description: Formation Bio is a drug development company that strives to provide treatments to patients faster by reimagining clinical trials. Founded by Benjamine Liu, Kit Dobyns, and Linhao Zhang in 2013, Formation Bio has now raised a total of $528.0M in total equity funding and is backed by Sanofi, Thrive Capital, Emerson Collective, Dragoneer Investment Group, and Section 32.
Investors in the round: Andreessen Horowitz, Emerson Collective, FPV Ventures, Lachy Groom, Sanofi, Sequoia Capital, SV Angel, Thrive Capital
Industry: Biotechnology, Clinical Trials, Health Care, Medical, Pharmaceutical
Founders: Benjamine Liu, Kit Dobyns, Linhao Zhang
Founding year: 2013
Total equity funding raised: $528.0M
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. AlphaSense $650.0M
Round: Series F
Description: AlphaSense is a intelligence platform that uses artificial intelligence allowing professionals to make critical decisions. Founded by Jack Kokko and Raj Neervannan in 2008, AlphaSense has now raised a total of $1.4B in total equity funding and is backed by Citi, Bank of America, Blue Owl, Cowen Group, and Morgan Stanley.
Investors in the round: Alkeon Capital, BDT & MSD Partners, Blue Owl, CapitalG, Goldman Sachs Asset Management, J.P. Morgan Growth Equity Partners, SoftBank Vision Fund, Viking Global Investors
Industry: Analytics, Artificial Intelligence (AI), Machine Learning, Market Research, SaaS, Search Engine
Founders: Jack Kokko, Raj Neervannan
Founding year: 2008
Total equity funding raised: $1.4B
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.
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- Source: https://www.alleywatch.com/2024/07/nyc-startup-funding-top-largest-june-2024-vc/
