Armed with some data from our friends at CrunchBase, I broke down the largest NYC Startup funding rounds in New York during January 2021. I have included some additional information such as industry, description, round type, total equity funding raised to further the analysis for the state of venture capital in NYC
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12. Capital Rx $32.0M
Round: Venture
Description: Capital Rx is an operator of the healthcare system that manages pharmacy benefit plans. Founded by AJ Loiacono, Joseph Alexander, and Ryan Kelly in 2017, Capital Rx has now raised a total of $51.0M in total equity funding and is backed by investors that include Edison Partners and Emerald Development Managers.
Industry: Health Care, Medical, Pharmaceutical
Founders: AJ Loiacono, Joseph Alexander, Ryan Kelly
Founding year: 2017
Total equity funding raised: $51.0M
11. Brigit $35.0M
Round: Series A
Description: Brigit is afinancial health app helping every American build a brighter financial future. Founded by Hamel Kothari, Len Kunin, and Zuben Mathews in 2017, Brigit has now raised a total of $38.0M in total equity funding and is backed by investors that include DN Capital, Canaan Partners, CRV, DCM Ventures, and Flourish Ventures.
Investors in the round: Abstract Ventures, Canaan Partners, Core Innovation Capital, CRV, DCM Ventures, DN Capital, Flourish Ventures, Hummingbird Ventures, Lightspeed Venture Partners, Nyca Partners, Secocha Ventures, Shasta Ventures, Sound Ventures, Thirty Five Ventures
Industry: Finance, FinTech, Internet, Mobile Apps, Personal Finance
Founders: Hamel Kothari, Len Kunin, Zuben Mathews
Founding year: 2017
Total equity funding raised: $38.0M
AlleyWatch’s exclusive coverage of this round: Brigit Raises $35M to Help the 78% of Americans That are Living Paycheck-to-Paycheck
11. Check Technologies $35.0M
Round: Series B
Description: Check is a payroll infrastructure startup. Founded by Andrew Brown and Vivek Patel in 2019, Check Technologies has now raised a total of $44.0M in total equity funding and is backed by investors that include Stripe, Index Ventures, Thrive Capital, and Bedrock Capital.
Investors in the round: Stripe, Thrive Capital
Industry: Information Technology, Payments, Software
Founders: Andrew Brown, Vivek Patel
Founding year: 2019
Total equity funding raised: $44.0M
10. Getaway $41.7M
Round: Venture
Description: Getaway is a wellness hospitality company that offers cabin rentals in natural landscapes. Founded by Jon Staff in 2015, Getaway has now raised a total of $81.8M in total equity funding and is backed by investors that include L Catterton, Starwood Capital Group, Rough Draft Ventures, Fueled, and Ajay Agarwal.
Industry: Hospitality, Rental, Rental Property, Travel
Founders: Jon Staff
Founding year: 2015
Total equity funding raised: $81.8M
9. Chronosphere $43.4M
Round: Series B
Description: Chronosphere develops a scalable, reliable, and customizable monitoring solution built for cloud-native applications. Founded by Martin Mao and Rob Skillington in 2019, Chronosphere has now raised a total of $54.4M in total equity funding and is backed by investors that include General Atlantic, Lux Capital, Lee Fixel, and Greylock.
Investors in the round: General Atlantic, Greylock, Lee Fixel, Lux Capital
Industry: Analytics, Cloud Infrastructure, Information Technology, Productivity Tools, SaaS
Founders: Martin Mao, Rob Skillington
Founding year: 2019
Total equity funding raised: $54.4M
8. GlassesUSA $45.0M
Round: Venture
Description: GlassesUSA.com is the premier online retailer of prescription eyeglasses and sunglasses. Founded by Daniel Rothman, Eldad Rothman, and Roy Yamner in 2008, GlassesUSA has now raised a total of $57.5M in total equity funding and is backed by investors that include Viola Growth and TENE Investment Funds.
Investors in the round: TENE Investment Funds
Industry: E-Commerce, Eyewear, Fashion
Founders: Daniel Rothman, Eldad Rothman, Roy Yamner
Founding year: 2008
Total equity funding raised: $57.5M
Make an impact on your bottom line and drive leads in 2021!
The AlleyWatch audience is driving progress and innovation on a global scale. There are a number of options to reach this audience of the world’s most innovative organizations and startups at scale including strategic brand placement, lead generation, and thought leadership in front of an audience that comprises the vast majority of key decision-makers in the NYC business community and beyond. Learn more about advertising to NYC Tech, at scale.
7. Citizen $50.0M
Round: Series C
Description: Citizen is the No. 1 public safety app in the U.S., with a mission to make the world a safer place. Founded by Andrew Frame, JD Maresco, and Luis Samaniego in 2015, Citizen has now raised a total of $110.0M in total equity funding and is backed by investors that include Sequoia Capital, RRE Ventures, 8VC, Lux Capital, and Goodwater Capital.
Investors in the round: Greycroft
Industry: Apps, Internet, News, Public Safety
Founders: Andrew Frame, JD Maresco, Luis Samaniego
Founding year: 2015
Total equity funding raised: $110.0M
6. Glia $78.0M
Round: Series C
Description: Glia is a digital customer service provider connecting online retailers with customers through voice, video, and collaborative browsing. Founded by Carlos Paniagua, Daniel Michaeli, and Justin DiPietro in 2012, Glia has now raised a total of $107.0M in total equity funding and is backed by investors that include Insight Partners, Entrepreneurs Roundtable Accelerator, Tola Capital, Wildcat Capital Management, and Temerity Capital Partners.
Investors in the round: Donald Brown, Insight Partners
Industry: Customer Service, Information Technology, SaaS
Founders: Carlos Paniagua, Daniel Michaeli, Justin DiPietro
Founding year: 2012
Total equity funding raised: $107.0M
AlleyWatch’s exclusive coverage of this round: Glia Raises Another $78M for its Interactive Digital Customer Service Platform
5. Gro Intelligence $85.0M
Round: Series B
Description: Gro Intelligence is a Big Data and SaaS company, creating a more connected, efficient, and productive global agriculture industry. Founded by Nemo Semret, Sara Menker, and Sewit Ahderom in 2014, Gro Intelligence has now raised a total of $112.4M in total equity funding and is backed by investors that include GGV Capital, Intel Capital, DCVC, Schusterman Foundation, and One Planet.
Investors in the round: Africa Internet Holding, DCVC, Dick Parsons, GGV Capital, Intel Capital, Rethink Food, Schusterman Foundation
Industry: Agriculture, Big Data, Data Visualization, SaaS
Founders: Nemo Semret, Sara Menker, Sewit Ahderom
Founding year: 2014
Total equity funding raised: $112.4M
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4. Paige $100.0M
Round: Series C
Description: Paige builds computational pathology products designed so patients and their care teams can make effective, more informed treatment decisions. With this new class of diagnostic devices positioned to drive the future of pathology, Paige created a platform to deliver this novel technology to pathologists to transform their workflow and increase diagnostic confidence and productivity. Founded by David Klimstra, Norman Selby, Peter Schuffler, and Thomas Fuchs in 2018, Paige has now raised a total of $195.0M in total equity funding and is backed by investors that include Casdin Capital, Goldman Sachs Merchant Banking Division, Breyer Capital, Johnson & Johnson Innovation, and HealthCor Partners.
Investors in the round: Casdin Capital, Johnson & Johnson Innovation – JJDC
Industry: Artificial Intelligence, Biopharma, Health Care, Health Diagnostics, Machine Learning, Software
Founders: David Klimstra, Norman Selby, Peter Schuffler, Thomas Fuchs
Founding year: 2018
Total equity funding raised: $195.0M
3. Melio $110.0M
Round: Series C
Description: Melio is a fintech company that gives small businesses a way to digitally manage their business-to-business payments and receivables. Founded by Ilan Atias, Matan Bar, and Ziv Paz in 2018, Melio has now raised a total of $254.0M in total equity funding and is backed by investors that include General Catalyst, Salesforce Ventures, LocalGlobe, Bessemer Venture Partners, and Accel.
Investors in the round: Accel, Aleph, American Express Ventures, Bessemer Venture Partners, Coatue, Corner Ventures, General Catalyst, Latitude, Salesforce Ventures
Industry: B2B, Financial Services, FinTech, Payments
Founders: Ilan Atias, Matan Bar, Ziv Paz
Founding year: 2018
Total equity funding raised: $254.0M
2. K Health $132.0M
Round: Series E
Description: K Health is a data-driven digital primary care system that uses AI to deliver personalized primary care. Founded by Adam Singolda, Allon Bloch, Israel Roth, and Ran Shaul in 2016, K Health has now raised a total of $271.3M in total equity funding and is backed by investors that include GGV Capital, Kaiser Permanente, Lerer Hippeau, Bessemer Venture Partners, and BoxGroup.
Investors in the round: 14W, Atreides Ventures, BoxGroup, Counterpart Advisors, GGV Capital, Kaiser Permanente, LTS VENTURES, Marcy Venture Partners, Max Ventures, PICO Venture Partners, Primary Ventures, Valor Equity Partners
Industry: Artificial Intelligence, Health Care, Information Technology, Machine Learning, Mobile Apps
Founders: Adam Singolda, Allon Bloch, Israel Roth, Ran Shaul
Founding year: 2016
Total equity funding raised: $271.3M
1. Cockroach Labs $160.0M
Round: Series E
Description: Cockroach Labs is a software company that develops a cloud-native SQL database for modern cloud applications. Founded by Benjamin Darnell, Peter Mattis, and Spencer Kimball in 2015, Cockroach Labs has now raised a total of $355.1M in total equity funding and is backed by investors that include Sequoia Capital, Altimeter Capital, GV, Tiger Global Management, and Greenoaks Capital.
Investors in the round: Altimeter Capital, Benchmark, Bond, FirstMark, Greenoaks Capital, GV, Index Ventures, Lone Pine Capital, Tiger Global Management
Industry: Cloud Computing, Database, Enterprise Software
Founders: Benjamin Darnell, Peter Mattis, Spencer Kimball
Founding year: 2015
Total equity funding raised: $355.1M
Make an impact on your bottom line and drive leads in 2021!
The AlleyWatch audience is driving progress and innovation on a global scale. There are a number of options to reach this audience of the world’s most innovative organizations and startups at scale including strategic brand placement, lead generation, and thought leadership in front of an audience that comprises the vast majority of key decision-makers in the NYC business community and beyond. Learn more about advertising to NYC Tech, at scale.
Source: https://www.alleywatch.com/2021/02/nyc-startup-funding-top-largest-january-2021-vc/
