Armed with some data from our friends at CrunchBase, I broke down the largest NYC Startup funding rounds in New York for August 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.
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. Kernel Foods $36.0MRound: Series ADescription: Kernel Foods is a robot-powered fast food startup that aims to operate with as few as three employees. Founded by Steve Ells in 2023, Kernel Foods has now raised a total of $36.0M in total equity funding and is backed by Willoughby Capital, Rethink Food, Raga Partners, and Virtru Investment Partners.Investors in the round: Raga Partners, Rethink Food, Virtru Investment Partners, Willoughby CapitalIndustry: Food and Beverage, Industrial Automation, Restaurants, RoboticsFounders: Steve EllsFounding year: 2023Total equity funding raised: $36.0M
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. TytoCare $49.0MRound: VentureDescription: TytoCare is a telehealth platform for AI-powered and on-demand remote medical examinations. Founded by Dedi Gilad in 2011, TytoCare has now raised a total of $205.7M in total equity funding and is backed by Insight Partners, Tiger Global Management, Fosun International, Ping An, and OrbiMed.Investors in the round: Clal Biotechnology Industries, Healthcare of Ontario Pension Plan (HOOPP), Insight Partners, MemorialCare Innovation FundIndustry: Artificial Intelligence, Health Care, Home Health Care, Machine Learning, Medical Device, mHealth, SoftwareFounders: Dedi GiladFounding year: 2011Total equity funding raised: $205.7M
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. Simon Data $54.0MRound: Series DDescription: Simon Data is the creator of a customer data platform that allows marketers to create complicated client categories. Founded by Frank Harris, Jason Davis, Joshua Neckes, and Matt Walker in 2015, Simon Data has now raised a total of $115.8M in total equity funding and is backed by Slow Ventures, BoxGroup, Polaris Partners, Macquarie Capital, and F-Prime Capital.Investors in the round: .406 Ventures, F-Prime Capital, Macquarie Capital, Polaris PartnersIndustry: Advertising, Analytics, Big Data, Data Integration, Marketing AutomationFounders: Frank Harris, Jason Davis, Joshua Neckes, Matt WalkerFounding year: 2015Total equity funding raised: $115.8M
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 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. Elemental Cognition $60.0MRound: Series BDescription: Elemental Cognition builds intelligent applications that solves toughest business problems with precision and reliability. Founded by David Ferrucci in 2015, Elemental Cognition has now raised a total of $127.0M in total equity funding and is backed by Bridgewater Associates, AME Cloud Ventures, Breyer Capital, and Staged Ventures.Investors in the round: AME Cloud Ventures, Breyer Capital, Bridgewater Associates, Staged VenturesIndustry: Artificial Intelligence, Education, Information Technology, SoftwareFounders: David FerrucciFounding year: 2015Total equity funding raised: $127.0M
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. Teamshares $124.0MRound: Series DDescription: Teamshares is an employee ownership platform for small business. Founded by Alex Eu, Kevin Shiiba, and Michael Brown in 2019, Teamshares has now raised a total of $126.7M in total equity funding and is backed by Alumni Ventures, Union Square Ventures, QED Investors, Slow Ventures, and Khosla Ventures.Investors in the round: Contrary, Inspired Capital Partners, Khosla Ventures, QED Investors, Slow Ventures, Spark Capital, Union Square VenturesIndustry: Commercial, Financial Services, FinTech, Manufacturing, RetailFounders: Alex Eu, Kevin Shiiba, Michael BrownFounding year: 2019Total equity funding raised: $126.7M
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. Hugging Face $235.0MRound: Series DDescription: Hugging Face allows users to build, train, and deploy art models using the reference open source in machine learning. Founded by Clement Delangue, Julien Chaumond, and Thomas Wolf in 2016, Hugging Face has now raised a total of $395.2M in total equity funding and is backed by Google, NVIDIA, Amazon, Intel, and Salesforce Ventures.Investors in the round: Amazon, AMD, Google, IBM, Intel, NVIDIA, Qualcomm, Salesforce Ventures, Sound VenturesIndustry: Artificial Intelligence, Machine Learning, Natural Language Processing, Open Source, SoftwareFounders: Clement Delangue, Julien Chaumond, Thomas WolfFounding year: 2016Total equity funding raised: $395.2M
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.
1. Ramp $300.0MRound: Series DDescription: Ramp is a finance automation platform that helps businesses spend less time and money. Founded by Eric Glyman, Gene Lee, and Karim Atiyeh in 2019, Ramp has now raised a total of $967.0M in total equity funding and is backed by Citi, Goldman Sachs, Stripe, General Catalyst, and Soma Capital.Investors in the round: Industry: Finance, Financial Services, FinTechFounders: Eric Glyman, Gene Lee, Karim AtiyehFounding year: 2019Total equity funding raised: $967.0M
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.