Over a billion dollars invested into NYC startups in August!
Armed with some data from our friends at CrunchBase, I broke down the largest NYC Startup funding rounds in New York during the month of August 2020. 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.
CLICK HERE TO SEE THE LARGEST NYC STARTUP FUNDING ROUNDS OF AUGUST 2020
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 having prominent brand placement in a high-visibility piece like this, which will be read by the vast majority of key influencers in the New York business community and beyond. Find out more here.
11. Seated $30.0M
Round: Venture
Description: Seated is a mobile restaurant discovery app that rewards customers for dining at selected restaurants. Founded by Bo Peabody and Brice Gumpel in 2017, Seated has now raised a total of $30.0M in total equity funding and is backed by investors that include Craft Ventures, Greycroft, Insight Partners, and Rho Capital Partners.
Investors in the round: Craft Ventures, Greycroft, Insight Partners, Rho Capital Partners
Industry: Food Delivery, Mobile Apps, Restaurants
Founders: Bo Peabody, Brice Gumpel
Founding year: 2017
Total equity funding raised: $30.0M
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 having prominent brand placement in a high-visibility piece like this, which will be read by the vast majority of key influencers in the New York business community and beyond. Find out more here.
11. Movable Ink $30.0M
Round: Series C
Description: Movable Ink helps digital marketers create unique visual experiences across email, web, and display. Founded by Michael Nutt and Vivek Sharma in 2010, Movable Ink has now raised a total of $39.3M in total equity funding and is backed by investors that include Intel Capital, Kima Ventures, Silver Lake, Compound, and ff Venture Capital.
Investors in the round: Contour Venture Partners, Intel Capital, Silver Lake
Industry: Content Marketing, Email Marketing, Personalization, Real Time, SaaS
Founders: Michael Nutt, Vivek Sharma
Founding year: 2010
Total equity funding raised: $39.3M
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 having prominent brand placement in a high-visibility piece like this, which will be read by the vast majority of key influencers in the New York business community and beyond. Find out more here.
10. OneDrop $34.7M
Round: Series C
Description: One Drop is a diabetes management platform that helps people navigate diabetes together. Founded by Jeff Dachis in 2014, OneDrop has now raised a total of $88.8M in total equity funding and is backed by investors that include Bayer, RRE Ventures, Bolt, BoxGroup, and FJ Labs.
Investors in the round: Bayer
Industry: Apps, Health Care, Medical Device
Founders: Jeff Dachis
Founding year: 2014
Total equity funding raised: $88.8M
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 having prominent brand placement in a high-visibility piece like this, which will be read by the vast majority of key influencers in the New York business community and beyond. Find out more here.
9. Socure $35.0M
Round: Series C
Description: Socure is a predictive analytics platform for digital identity verification of consumers. Founded by Johnny Ayers and Sunil Madhu in 2012, Socure has now raised a total of $94.4M in total equity funding and is backed by investors that include MVB Bank, Founder Collective, AltaIR Capital, Scale Venture Partners, and Sorenson Capital.
Investors in the round: Citi Ventures, Commerce Ventures, Flint Capital, MVB Bank, Scale Venture Partners, Sorenson Ventures, Wells Fargo Strategic Capital, Inc.
Industry: FinTech, Identity Management, Machine Learning, Predictive Analytics, SaaS, Security, Software
Founders: Johnny Ayers, Sunil Madhu
Founding year: 2012
Total equity funding raised: $94.4M
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 having prominent brand placement in a high-visibility piece like this, which will be read by the vast majority of key influencers in the New York business community and beyond. Find out more here.
8. Thirty Madison $47.0M
Round: Series B
Description: Thirty Madison offers direct-to-consumer healthcare and wellness products. Founded by Demetri Karagas and Steven Gutentag in 2017, Thirty Madison has now raised a total of $69.8M in total equity funding and is backed by investors that include Northzone, Maveron, Polaris Partners, Entrepreneurs Roundtable Accelerator, and Greycroft.
Investors in the round: Gaingels, Johnson & Johnson Innovation – JJDC, Maveron, Northzone, Polaris Partners
Industry: Health Care, Personal Health, Pharmaceutical, Wellness
Founders: Demetri Karagas, Steven Gutentag
Founding year: 2017
Total equity funding raised: $69.8M
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 having prominent brand placement in a high-visibility piece like this, which will be read by the vast majority of key influencers in the New York business community and beyond. Find out more here.
7. Grafana Labs $50.0M
Round: Series B
Description: Grafana Labs is an open source software platform built to support monitoring, visualization, and metric analytics. Founded by Anthony Woods, Raj Dutt, and Torkel Ödegaard in 2014, Grafana Labs has now raised a total of $75.2M in total equity funding and is backed by investors that include Lead Edge Capital and Lightspeed Venture Partners.
Investors in the round: Lead Edge Capital, Lightspeed Venture Partners
Industry: Analytics, Big Data, Cloud Infrastructure, Information Technology, Internet, Open Source, Software
Founders: Anthony Woods, Raj Dutt, Torkel Ödegaard
Founding year: 2014
Total equity funding raised: $75.2M
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 having prominent brand placement in a high-visibility piece like this, which will be read by the vast majority of key influencers in the New York business community and beyond. Find out more here.
7. BlockFi $50.0M
Round: Series C
Description: BlockFi is a secured non-bank lender that offers crypto-asset-backed USD loans to crypto-asset owners. Founded by Flori Marquez and Zac Prince in 2017, BlockFi has now raised a total of $154.7M in total equity funding and is backed by investors that include Alumni Ventures Group, SoFi, Morgan Creek Digital, Galaxy Digital LP, and Valar Ventures.
Investors in the round: Avon Ventures, Castle Island Ventures, CMT Digital Ventures LLC, HashKey Capital, Kenetic, Matthew Dellavedova, Michael Antonov, Morgan Creek Digital, Purple Arch Ventures, SCB 10X, Valar Ventures, Winklevoss Capital
Industry:
Founders: Flori Marquez, Zac Prince
Founding year: 2017
Total equity funding raised: $154.7M
AlleyWatch’s exclusive coverage of this funding round: BlockFi Raises $50M to Connect Digital Assets and Traditional Finance to Make Crypto Mainstream
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 having prominent brand placement in a high-visibility piece like this, which will be read by the vast majority of key influencers in the New York business community and beyond. Find out more here.
6. Radish $63.2M
Round: Series A
Description: Radish is a mobile fiction platform for serialized storytelling. Founded by Seung Yoon Lee and Yun Cho in 2015, Radish has now raised a total of $66.2M in total equity funding and is backed by investors that include SoftBank, Greylock, RiverPark Ventures, Charlie Songhurst, and BDMI.
Investors in the round: Kakao Page, Softbank Ventures Asia
Industry: Apps, Media and Entertainment, Mobile Apps, Publishing, Reading Apps
Founders: Seung Yoon Lee, Yun Cho
Founding year: 2015
Total equity funding raised: $66.2M
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 having prominent brand placement in a high-visibility piece like this, which will be read by the vast majority of key influencers in the New York business community and beyond. Find out more here.
5. Skillshare $66.0M
Round: Series D
Description: Skillshare is an ed-tech platform offering online learning for creative fields. Founded by Malcolm Ong and Michael Karnjanaprakorn in 2010, Skillshare has now raised a total of $108.8M in total equity funding and is backed by investors that include SV Angel, BoxGroup, Spark Capital, Omidyar Network, and Union Square Ventures.
Investors in the round: Amasia, Burda Principal Investments, OMERS Growth Equity, Spero Ventures, Union Square Ventures
Industry: E-Learning, EdTech, Education, Peer to Peer
Founders: Malcolm Ong, Michael Karnjanaprakorn
Founding year: 2010
Total equity funding raised: $108.8M
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 having prominent brand placement in a high-visibility piece like this, which will be read by the vast majority of key influencers in the New York business community and beyond. Find out more here.
4. Yotpo $75.0M
Round: Series E
Description: Yotpo is a commerce marketing cloud with advanced solutions for customer reviews, visual marketing, loyalty, and referrals. Founded by Omri Cohen and Tomer Tagrin in 2011, Yotpo has now raised a total of $176.0M in total equity funding and is backed by investors that include Vertex Ventures, Innovation Endeavors, Blumberg Capital, Vertex Ventures Israel, and Bessemer Venture Partners.
Investors in the round: Access Industries, Bessemer Venture Partners, Blumberg Capital, Hanaco Venture Capital, Vertex Ventures
Industry: Content, E-Commerce, Marketing, Social Media Marketing
Founders: Omri Cohen, Tomer Tagrin
Founding year: 2011
Total equity funding raised: $176.0M
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 having prominent brand placement in a high-visibility piece like this, which will be read by the vast majority of key influencers in the New York business community and beyond. Find out more here.
3. Dataiku $100.0M
Round: Series D
Description: Dataiku operates as an enterprise artificial intelligence and machine-learning platform. Founded by Clement Stenac, Florian Douetteau, Marc Batty, and Thomas Cabrol in 2013, Dataiku has now raised a total of $246.8M in total equity funding and is backed by investors that include Battery Ventures, Dawn Capital, Tiger Global Management, Alven, and Serena.
Investors in the round: Battery Ventures, CapitalG, Dawn Capital, FirstMark Capital, ICONIQ Capital, Stripes, Tiger Global Management
Industry: Analytics, Artificial Intelligence, Big Data, Data Integration, Enterprise Software, Machine Learning
Founders: Clement Stenac, Florian Douetteau, Marc Batty, Thomas Cabrol
Founding year: 2013
Total equity funding raised: $246.8M
AlleyWatch’s exclusive coverage of this funding round: Dataiku Nabs Another $100M for its Enterprise AI Platform that Democratizes Data
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 having prominent brand placement in a high-visibility piece like this, which will be read by the vast majority of key influencers in the New York business community and beyond. Find out more here.
2. Warby Parker $120.0M
Round: Series G
Description: Warby Parker is a lifestyle brand that offers designer eyewear while being a socially conscious business. Founded by Andrew Hunt, David Gilboa, Jeffrey Raider, and Neil Blumenthal in 2010, Warby Parker has now raised a total of $535.0M in total equity funding and is backed by investors that include Felicis Ventures, SV Angel, BoxGroup, Lerer Hippeau, and Spark Capital.
Investors in the round: Baillie Gifford, D1 Capital Partners, Durable Capital Partners, T. Rowe Price
Industry: E-Commerce, Fashion, Retail
Founders: Andrew Hunt, David Gilboa, Jeffrey Raider, Neil Blumenthal
Founding year: 2010
Total equity funding raised: $535.0M
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 having prominent brand placement in a high-visibility piece like this, which will be read by the vast majority of key influencers in the New York business community and beyond. Find out more here.
1. Trumid $200.0M
Round: Series E
Description: Trumid is a financial technology company bringing efficiency to credit trading through data, technology, and innovative products. Founded by Ronnie Mateo in 2014, Trumid has now raised a total of $402.3M in total equity funding and is backed by investors that include BlackRock, Peter Thiel, Dragoneer Investment Group, Founders Fund, and TPG.
Investors in the round: BlackRock, Dragoneer Investment Group, T. Rowe Price, TPG
Industry: Banking, Electronics, Finance, Financial Services, FinTech, Trading Platform
Founders: Ronnie Mateo
Founding year: 2014
Total equity funding raised: $402.3M
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 having prominent brand placement in a high-visibility piece like this, which will be read by the vast majority of key influencers in the New York business community and beyond. Find out more here.