This week, I take a look at the 20 NYC startups that have raised the largest startup funding rounds in New York City in 2016 using some data from our friends at Crunchbase. In addition to dollar amount, I have included industry, round, and investors in the round to further the analysis. Lastly, in order to maintain a focus on conventional tech-enabled startups, pharmaceutical and biotech were removed from the data.
Quick Findings:
The 20 largest funding rounds in NYC in 2016 total over $1.8B Tweet this
The total funding raised in NYC in 2016 was over $6B Tweet this
The top 20 rounds comprise 32% of the total $ amount raised in NYC in 2016 Tweet this
12.5% of the largest startup rounds in NYC in 2016 were for companies founded by at least 1 woman Tweet this
25% of the largest startup rounds in NYC in 2016 were for companies with a single founder Tweet this
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NOW ON TO THE 2016 TOP 20 NYC FUNDING ROUNDS
- Yieldbot $35M
Round: Series C
Industry:
Analytics
Investors in the Round:
Staley Capital (lead) Converge Venture Partners
Total Capital raised:
$63.4M
- MedCPU $35.04M
Round: Venture
Industry:
Health Care
Investors in the Round:
Undisclosed
Total Capital raised:
$50.94M
- Quartet $40M
Round: Series B
Industry:
Health Care
Investors in the Round:
GV (lead), F-Prime Capital Partners, Oak HC/FT, Polaris Partners
Total Capital raised:
$47M
- Grovo $40M
Round: Series C
Industry:
EdTech
Investors in the Round:
Accel Partners (lead), Greg Waldorf, SoftTech VC, Costanoa Ventures, Vayner/RSE
Total Capital raised:
$62.02M
- Olo $40M
Round: Series D
Industry:
Restaurants
Investors in the Round:
Raine Partners
Total Capital raised:
$63.25M
- xAd $42.5M
Round: Series E
Industry:
Advertising
Investors in the Round:
Emergence Capital Partners, IVP (Institutional Venture Partners), W Capital Partners, Eminence Capital LLC
Total Capital raised:
$116.5M
- Matific $45M
Round: Series B
Industry:
EdTech
Investors in the Round:
Leon Kamenev
Total Capital raised:
$46.1M
- Refinery29 $45M
Round: Undisclosed
Industry:
Fashion
Investors in the Round:
Scripps Networks, Turner Broadcasting
Total Capital raised:
$125.4M
- Foursquare $45M
Round: Series E
Industry:
Advertising Platform
Investors in the Round:
C4 Ventures, Union Square Ventures, Morgan Stanley, DFJ Growth, Andreessen Horowitz, Spark Capital
Total Capital raised:
$166.35M
- Vroom $50M
Round: Series E
Industry:
E-Commerce; Automotive
Investors in the Round:
T. Rowe Price (Lead), Allen & Company, General Catalyst Partners, LCatterton, Foxhaven, Altimeter Capital
Total Capital raised:
$218.25M
- Cadre $50M
Round: Series B
Industry:
Financial Services
Investors in the Round:
Undisclosed
Total Capital raised:
$68.3M
- Sisense $50M
Round: Series D
Industry:
Business Intelligence
Investors in the Round:
Bessemer Venture Partners (lead), DFJ Growth, Battery Ventures, Genesis Partners, Opus Capital
Total Capital raised:
$94M
-
Moat $50M
Round: Series C
Industry:
Marketing
Investors in the Round:
Insight Venture Partners
Total Capital raised:
$67.5M
- Kaltura $50M
Round: Series F
Industry:
EdTech
Investors in the Round:
Goldman Sachs
Total Capital raised:
$165.1M
- VTS $55M
Round: Series C
Industry:
SaaS Real Estate
Investors in the Round:
Fifth Wall, Insight Venture Partners, Trinity Ventures, OpenView
Total Capital raised:
$88.7M
- InVision $55M
Round: Series D
Industry:
UX Design
Investors in the Round:
FirstMark Capital, Iconiq Capital, Accel Partners
Total Capital raised:
$134.1M
- FanDuel $55M
Round: Convertible Note
Industry:
Fantasy Sports
Investors in the Round:
Undisclosed
Total Capital raised:
$416.2M
- Rent The Runway $60M
Round: Series E
Industry:
Fashion, Ecommerce, Retail
Investors in the Round:
Advance Publications, Highland Capital Partners, Bain Capital Ventures, TCV, Fidelity Management and Research Company
Total Capital raised:
$174.4M
- Progyny $67.8M
Round: Series B
Industry:
HealthTech
Investors in the Round:
Union Grove Venture Partners, TPG Biotech, SR One, Merck Ventures, Mellon Ventures, Kleiner Perkins Caufield & Byers
Total Capital raised:
$87.8M
- Defy Media $70M
Round: Series B
Industry:
Media
Investors in the Round:
Wellington Management
Total Capital raised:
$70M
- Giphy $72M
Round: Series D
Industry:
Search Engine; Gifs
Investors in the Round:
Draper Fisher (Lead), GV, Glynn Capital Management, China Media Capital, IVP (Institutional Venture Partners)
Total Capital raised:
$150.95M
- Compass $75M
Round: Series D
Industry:
Real Estate
Investors in the Round:
.406 Ventures, Founders Fund, Thrive Capital, IVP (Institutional Venture Partners), Wellington Management
Total Capital raised:
$208M
- Datadog $94M
Round: Series D
Industry:
Analytics
Investors in the Round:
OpenView, Index Ventures, Amplify Partners, Iconiq Capital, Contour Venture Partners
Total Capital raised:
$147.9M
- Via $100M
Round: Series C
Industry:
Logistics
Investors in the Round:
83North, Poalim Capital Markets (PCM), Hearst Ventures, Pitango Venture Capital, C4 Ventures, Ervington Investments, Expansion Venture Capital
Total Capital raised:
$137M
- letgo $100M
Round: Series B
Industry:
Ecommerce
Investors in the Round:
FJ Labs, Insight Venture Partners, Northzone, New Enterprise Associates, Accel Partners, Naspers, Eight Roads Ventures
Total Capital raised:
$200M
- Betterment $100M
Round: Series E
Industry:
Impact Investing
Investors in the Round:
Anthemis Group, Francisco Partners, Bessemer Venture Partners, Menlo Ventures, Kinnevik AB, Globespan Capital Partners, Citi Ventures
Total Capital raised:
$205M
- Sprinklr $105M
Round: Series F
Industry:
Ecommerce
Investors in the Round:
Temasek Holdings, Wellington Management, EDB Investments
Total Capital raised:
$228.5M
- Flatiron Health $175M
Round: Series C
Industry:
Health Care
Investors in the Round:
Roche (lead), Baillie Gifford, Allen & Company, Casdin Capital, Stripes Group
Total Capital raised:
$313M
- Payoneer $180M
Round: Series E
Industry:
Ecommerce
Investors in the Round:
Susquehanna Growth Equity, TCV
Total Capital raised:
$270M
- OTG Management $250M
Round: Undisclosed
Industry:
Air travel
Investors in the Round:
Harvest Partners
Total Capital raised:
$250M
- WeWork $260M
Round: Series F
Industry:
Coworking
Investors in the Round:
Shanghai Jin Jiang International Hotels
Total Capital raised:
$1.69B
- Gett $300M
Round: Undisclosed
Industry:
Transportation
Investors in the Round:
Volkswagen Group
Total Capital raised:
$522M