Last month, the five biggest funding rounds in NYC gained a combined total of $499 million. Via snagged the top spot with a giant $200 million round. Read on for details about each of the five largest NYC funding rounds in March.
#5. $45 million, March 2
The startup gives companies one platform to track their data, pulling it in from multiple sources. Arrowroot Capital led the Series D round, which brought its total funding raised to date to $120 million. It’ll use the funds to build new products and tools.
#4. $50 million, March 3
Summit Partners provided the new investment to the bedding startup. With the funds, the company plans to expand domestically and internationally as well as grow its retail footprint. Its first permanent physical location opened in January in Brooklyn.
#3. $58 million, March 31
The cybersecurity company offers an asset management platform to help identify security gaps. This Series C brings its total capital raised to $95 million. Lightspeed Venture Partners led the round, with participation from OpenView, Bessemer Venture Partners, YL Ventures, Vertex and WTI.
#2. $146 million, March 23
The fintech startup created an alternative investment marketplace. Ping An Global Voyager Fund led the round, bringing its total capital raised to $183 million. It’ll use the funds to diversify investment offerings and enhance its platform.
#1. $200 million, March 30
The ride-hailing startup offers cheap carpool rides that help reduce traffic congestion. EXOR led the Series E round, which brought Via’s valuation to a staggering $2.25 billion. The company operates in over 70 cities globally.
