Armed with some data from our friends at CrunchBase, I broke down the largest NYC Startup funding rounds in New York for September 2023. I have included some additional information such as industry, description, round type, and total equity funding raised to further the analysis of the state of venture capital in NYC.
Now you might be thinking: “what the heck are you talking about?” But keep reading, because this investment platform’s users are already smiling all the way to the bank. Thanks to Masterworks, the award-winning platform for investing in blue-chip art.
Every single one of Masterworks’ 15 sales has returned a profit to investors, for a 100% positive net return track record. With 3 recent sales, Masterworks investors realized net annualized returns of 17.6%, 21.5% and 35%.
How does it work? Simple, Masterworks does all of the heavy lifting like finding the painting, buying it, storing it, and eventually selling it. It files each offering with the SEC so that nearly anyone can invest in highly coveted artworks for just a fraction of the price of the entire piece.
Shares of every offering are limited, but AlleyWatch readers can skip the waitlist to join with this exclusive link.
See important disclosures at masterworks.com/cd
14. point.me $10.0M
Round: Series A
Description: point.me is a real-time metasearch engine for finding and booking flights using loyalty reward points on 150+ airlines. Founded by Adam Morvitz and Tiffany Funk in 2021, point.me has now raised a total of $12.0M in total equity funding and is backed by Gaingels, Plug and Play Ventures, WndrCo, RiverPark Ventures, and Four Cities Capital.
Investors in the round: Carl de Marcken, Dave Baggett, Four Cities Capital, Gaingels, MoreThan Capital, PAR Capital Management, Plug and Play Ventures, RiverPark Ventures, Thayer Ventures
Industry: Consulting, Information Services, Loyalty Programs, Subscription Service, Travel, Vertical Search
Founders: Adam Morvitz, Tiffany Funk
Founding year: 2021
Total equity funding raised: $12.0M
AlleyWatch’s exclusive coverage of this round: Point.me Raises $10M for its Search Engine That Helps Travelers Maximize The Value of Their Points
14. LastMile AI $10.0M
Round: Seed
Description: LastMile AI provides an AI developer platform for engineering and product teams. Founded by Andrew Hoh, Sarmad Qadri, and Suyog Sonwalkar in 2023, LastMile AI has now raised a total of $10.0M in total equity funding and is backed by Gradient Ventures, Guillermo Rauch, AME Cloud Ventures, 10x Founders, and Exceptional Capital.
Investors in the round: 10x Founders, AME Cloud Ventures, Exceptional Capital, Gradient Ventures, Guillermo Rauch
Industry: Artificial Intelligence, Developer Platform, Software
Founders: Andrew Hoh, Sarmad Qadri, Suyog Sonwalkar
Founding year: 2023
Total equity funding raised: $10.0M
13. Stepful $11.8M
Round: Seed
Description: Stepful helps those without college degrees train for and find entry-level healthcare jobs. Founded by Carl Madi, Edoardo Serra, and Tressia Hobeika in 2021, Stepful has now raised a total of $24.3M in total equity funding and is backed by Reach Capital, Y Combinator, Unpopular Ventures, Company Ventures, and Nitesh Banta.
Industry: Health Care, Professional Services, Training
Founders: Carl Madi, Edoardo Serra, Tressia Hobeika
Founding year: 2021
Total equity funding raised: $24.3M
13. Momofuku Goods $11.5M
Round: Venture
Description: Momofuku Goods is a restaurant chain that offers contemporary Asian-American cuisine. Founded by David Chang in 2004, Momofuku Goods has now raised a total of $29.0M in total equity funding and is backed by Alliance Consumer Growth, RSE Ventures, and Siddhi Capital.
Investors in the round: Alliance Consumer Growth, Siddhi Capital
Industry: Food and Beverage, Hotel, Restaurants
Founders: David Chang
Founding year: 2004
Total equity funding raised: $29.0M
Now you might be thinking: “what the heck are you talking about?” But keep reading, because this investment platform’s users are already smiling all the way to the bank. Thanks to Masterworks, the award-winning platform for investing in blue-chip art.
Every single one of Masterworks’ 15 sales has returned a profit to investors, for a 100% positive net return track record. With 3 recent sales, Masterworks investors realized net annualized returns of 17.6%, 21.5% and 35%.
How does it work? Simple, Masterworks does all of the heavy lifting like finding the painting, buying it, storing it, and eventually selling it. It files each offering with the SEC so that nearly anyone can invest in highly coveted artworks for just a fraction of the price of the entire piece.
Shares of every offering are limited, but AlleyWatch readers can skip the waitlist to join with this exclusive link.
See important disclosures at masterworks.com/cd
12. Mundi $15.0M
Round: Series A
Description: Mundi provides financial, trade development, strategy, freight and reinventing international trade services. Founded by Juan Carlos Christensen, Martin Pustilnick, Paulina Aguilar Vela, and Sebastian Kontarovsky in 2020, Mundi has now raised a total of $38.8M in total equity funding and is backed by Gaingels, Silicon Valley Bank, Union Square Ventures, FJ Labs, and Asymmetric Capital Partners.
Investors in the round: Asymmetric Capital Partners, Base10 Partners, Colibri Ventures, Gaingels, GMO VenturePartners, Haymaker Ventures, Mana Ventures, SquareOne Capital, Union Square Ventures, Upper90
Industry: Financial Services, Information Technology
Founders: Juan Carlos Christensen, Martin Pustilnick, Paulina Aguilar Vela, Sebastian Kontarovsky
Founding year: 2020
Total equity funding raised: $38.8M
12. Canvs AI $15.0M
Round: Venture
Description: Canvs AI is the fastest, easiest way to transform open-ended text into business insights. Founded by Jared Feldman in 2015, Canvs AI has now raised a total of $22.1M in total equity funding and is backed by Cox Enterprises, Delta Air Lines, Ludlow Ventures, Gambit Ventures, and Social Starts.
Investors in the round: Coca-Cola Enterprises, Cox Enterprises, Delta Air Lines, Engage, Fulcrum Equity Partners, Inspire Brands, The Home Depot
Industry: Advertising, Analytics, Machine Learning, Market Research, Media and Entertainment, Social Media, Text Analytics
Founders: Jared Feldman
Founding year: 2015
Total equity funding raised: $22.1M
11. Tassat Group $15.1M
Round: Venture
Description: TassatPay is a developer of a digital blockchain platform for digital payments and exchange markets. Founded by Sunil Hirani in 2017, Tassat Group has now raised a total of $60.5M in total equity funding and is backed by ConsenSys Mesh.
Industry: Blockchain, Financial Exchanges, Financial Services, FinTech, Payments
Founders: Sunil Hirani
Founding year: 2017
Total equity funding raised: $60.5M
10. IYK $16.8M
Round: Seed
Description: IYK is a platform for brands, musicians, and creators to deploy fully-customizable, digi-physical experiences at scale. Founded by Ryan Ouyang in 2021, IYK has now raised a total of $16.8M in total equity funding and is backed by Palm Tree Crew, Art Blocks, Collab+Currency, a16z crypto, and Wave Digital Assets.
Investors in the round: 1kx, Collab+Currency, a16z crypto, Synergis Capital, Lattice Fund, G money, Coop Records, Justin Aversano, Art Blocks, Palm Tree Crew
Industry: Blockchain, Brand Marketing, Fashion
Founders: Ryan Ouyang
Founding year: 2021
Total equity funding raised: $16.8M
9. Moment $17.0M
Round: Series A
Description: Moment is an operator of a fixed-income infrastructure for modern firms. Founded by Dean Hathout and Dylan Parker in 2022, Moment has now raised a total of $20.0M in total equity funding and is backed by Andreessen Horowitz, Contrary, Neo, Venrock, and Henry Kravis.
Investors in the round: Andreessen Horowitz, Contrary, Henry Kravis, Neo, Venrock
Industry: Analytics, Financial Services, FinTech, Risk Management
Founders: Dean Hathout, Dylan Parker
Founding year: 2022
Total equity funding raised: $20.0M
Now you might be thinking: “what the heck are you talking about?” But keep reading, because this investment platform’s users are already smiling all the way to the bank. Thanks to Masterworks, the award-winning platform for investing in blue-chip art.
Every single one of Masterworks’ 15 sales has returned a profit to investors, for a 100% positive net return track record. With 3 recent sales, Masterworks investors realized net annualized returns of 17.6%, 21.5% and 35%.
How does it work? Simple, Masterworks does all of the heavy lifting like finding the painting, buying it, storing it, and eventually selling it. It files each offering with the SEC so that nearly anyone can invest in highly coveted artworks for just a fraction of the price of the entire piece.
Shares of every offering are limited, but AlleyWatch readers can skip the waitlist to join with this exclusive link.
See important disclosures at masterworks.com/cd
8. Summus Global $19.5M
Round: Venture
Description: Summus Global is a virtual specialist platform that brings personalized advice to every medical decision. Founded by Jennifer Kherani and Julian Flannery in 2015, Summus Global has now raised a total of $56.8M in total equity funding and is backed by Sator Grove Holdings, Teamworthy Ventures, Outsiders Fund, and Savoy Capital.
Investors in the round: Mitchell Rales, Sator Grove Holdings
Industry: Health Care, Hospital, Medical, Software
Founders: Jennifer Kherani, Julian Flannery
Founding year: 2015
Total equity funding raised: $56.8M
AlleyWatch’s exclusive coverage of this round: Summus Raises Another $19.5M for its Virtual Health Care Platform That Provides Access to Specialists
7. Harmonya $20.0M
Round: Series A
Description: Harmonya offers an API-based data enrichment and augmentation product that assists in category management, innovation, and product search. Founded by Cem Kent in 2021, Harmonya has now raised a total of $20.0M in total equity funding and is backed by Team8, LiveRamp, Allen & Company, J Ventures, and Bright Pixel.
Investors in the round: Allen & Company, arc investors, Bright Pixel, J Ventures, LiveRamp, Silicon Road Ventures, Susa Ventures, Team8
Industry: Artificial Intelligence, Product Research, Retail Technology
Founders: Cem Kent
Founding year: 2021
Total equity funding raised: $20.0M
6. Medallion $21.5M
Round: Seed
Description: Medallion develops a blockchain-based platform to connect artists and their fans. Founded by Naman Gupta, Kavitha Gnanasambandan,Nima Roohi Sefidmazgi in 2020, Medallion has now raised a total of $30.5M in total equity funding and is backed by Betaworks, Polygon, Shima Capital, Coil, and POAP.
Investors in the round:
Industry: Blockchain, Media and Entertainment, Music
Founders: Naman Gupta, Kavitha Gnanasambandan,Nima Roohi Sefidmazgi
Founding year: 2020
Total equity funding raised: $30.5M
5. Arduino $22.0M
Round: Series B
Description: Arduino is an open-source electronic prototyping platform allowing users to create interactive electronic objects. Founded by David Cuartielles, David Mellis, Gianluca Martino, Massimo Banzi, and Tom Igoe in 2005, Arduino has now raised a total of $54.0M in total equity funding and is backed by Arm Holdings, CDP Venture Capital, Anzu Partners, Bosch Ventures, and Renesas Electronics Corporation.
Investors in the round: Anzu Partners, CDP Venture Capital
Industry: Hardware, Human Computer Interaction, Product Design, Software
Founders: David Cuartielles, David Mellis, Gianluca Martino, Massimo Banzi, Tom Igoe
Founding year: 2005
Total equity funding raised: $54.0M
Now you might be thinking: “what the heck are you talking about?” But keep reading, because this investment platform’s users are already smiling all the way to the bank. Thanks to Masterworks, the award-winning platform for investing in blue-chip art.
Every single one of Masterworks’ 15 sales has returned a profit to investors, for a 100% positive net return track record. With 3 recent sales, Masterworks investors realized net annualized returns of 17.6%, 21.5% and 35%.
How does it work? Simple, Masterworks does all of the heavy lifting like finding the painting, buying it, storing it, and eventually selling it. It files each offering with the SEC so that nearly anyone can invest in highly coveted artworks for just a fraction of the price of the entire piece.
Shares of every offering are limited, but AlleyWatch readers can skip the waitlist to join with this exclusive link.
See important disclosures at masterworks.com/cd
4. Gem $23.0M
Round: Series A
Description: Gem mission is to help security operations evolve into the cloud era, and stop cloud threats before they become incidents. Founded by Ofir Brukner, Ron Konigsberg, and Arie Zilberstein in 2019, Gem has now raised a total of $34.0M in total equity funding and is backed by Team8, GGV Capital, IBM Ventures, and Silicon Valley CISO Investments.
Investors in the round: GGV Capital, IBM Ventures, Silicon Valley CISO Investments, Team8
Industry: Network Security
Founders: Ofir Brukner, Ron Konigsberg, Arie Zilberstein
Founding year: 2019
Total equity funding raised: $34.0M
3. Farther Finance $31.0M
Round: Series B
Description: Farther Finance is a developer of an investment advisory platform used to provide modern technology with trusted advice. Founded by Brad Genser and Taylor Matthews in 2019, Farther Finance has now raised a total of $46.0M in total equity funding and is backed by MassChallenge, Khosla Ventures, MassMutual Ventures, Lightspeed Venture Partners, and Cota Capital.
Investors in the round: Bessemer Venture Partners, Cota Capital, Khosla Ventures, Lightspeed Venture Partners, MassMutual Ventures, Moneta VC
Industry: Finance, Financial Services, FinTech, Impact Investing, Wealth Management
Founders: Brad Genser, Taylor Matthews
Founding year: 2019
Total equity funding raised: $46.0M
2. Transfr $40.0M
Round: Series C
Description: Transfr founded on the belief that learning is about enhancing the human experience. Founded by Bharani Rajakumar in 2017, Transfr has now raised a total of $87.0M in total equity funding and is backed by Imagination Capital, JPMorgan Chase & Co., Social Starts, Akkadian Ventures, and Album VC.
Investors in the round: ABS Capital Partners, Akkadian Ventures, Album VC, Firework Ventures, JPMorgan Chase & Co., Lumos Capital Group, Spring Tide Capital
Industry: Education, Simulation, Training, Virtual Reality
Founders: Bharani Rajakumar
Founding year: 2017
Total equity funding raised: $87.0M
2. OneChronos $40.0M
Round: Series B
Description: OneChronos is a Smart Market, which is a technical name for marketplaces that use mathematical optimization to match counterparties. Founded by Kelly Littlepage and Stephen Johnson in 2015, OneChronos has now raised a total of $49.3M in total equity funding and is backed by Y Combinator, BoxGroup, DCVC, Addition, and Amino Capital.
Investors in the round: Addition
Industry: Finance, Financial Services, FinTech
Founders: Kelly Littlepage, Stephen Johnson
Founding year: 2015
Total equity funding raised: $49.3M
Now you might be thinking: “what the heck are you talking about?” But keep reading, because this investment platform’s users are already smiling all the way to the bank. Thanks to Masterworks, the award-winning platform for investing in blue-chip art.
Every single one of Masterworks’ 15 sales has returned a profit to investors, for a 100% positive net return track record. With 3 recent sales, Masterworks investors realized net annualized returns of 17.6%, 21.5% and 35%.
How does it work? Simple, Masterworks does all of the heavy lifting like finding the painting, buying it, storing it, and eventually selling it. It files each offering with the SEC so that nearly anyone can invest in highly coveted artworks for just a fraction of the price of the entire piece.
Shares of every offering are limited, but AlleyWatch readers can skip the waitlist to join with this exclusive link.
See important disclosures at masterworks.com/cd
1. AlphaSense $150.0M
Round: Series E
Description: AlphaSense is a intelligence platform that uses artificial intelligence allowing professionals to make critical decisions. Founded by Jack Kokko in 2008, AlphaSense has now raised a total of $740.0M in total equity funding and is backed by Citi, BlackRock, Morgan Stanley, Bank of America, and Goldman Sachs Asset Management.
Investors in the round: Bond, CapitalG, Goldman Sachs Asset Management, Viking Global Investors
Industry: Analytics, Artificial Intelligence, Machine Learning, SaaS, Search Engine
Founders: Jack Kokko
Founding year: 2008
Total equity funding raised: $740.0M
Now you might be thinking: “what the heck are you talking about?” But keep reading, because this investment platform’s users are already smiling all the way to the bank. Thanks to Masterworks, the award-winning platform for investing in blue-chip art.
Every single one of Masterworks’ 15 sales has returned a profit to investors, for a 100% positive net return track record. With 3 recent sales, Masterworks investors realized net annualized returns of 17.6%, 21.5% and 35%.
How does it work? Simple, Masterworks does all of the heavy lifting like finding the painting, buying it, storing it, and eventually selling it. It files each offering with the SEC so that nearly anyone can invest in highly coveted artworks for just a fraction of the price of the entire piece.
Shares of every offering are limited, but AlleyWatch readers can skip the waitlist to join with this exclusive link.
See important disclosures at masterworks.com/cd
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- Source: https://www.alleywatch.com/2023/10/nyc-startup-funding-top-largest-september-2023-vc/
