This month, the top five NYC funding rounds raised a combined total of $332 million. Stash took the No. 1 spot with a giant $112 million Series F. Find out more details about the biggest April funding rounds below.
#5. $30 million, April 14
Beyond Identity wants to replace passwords with certificate chains, or chains of trust. Since passwords are often insecure, these measures are meant to ensure more security. Along with announcing its Series A, it officially launched the company.
#4. $40 million, April 15
The mobile marketing startup focuses on two-way, personalized texting that brands can use to connect with their customers. This funding, an extension of its Series C, brought the total amount for the round to $110 million. It’ll use the funding to hire across all departments.
#3. $50 million, April 7
The company provides home health devices for examining the lungs, heart, throat, ears, abdomen and body temperature. This oversubscribed growth round brought its total capital raised to $105 million. It’s using the funds to expedite production so it can fulfill three times more devices than originally forecasted.
#2. $100 million, April 16
It wants to change the way data is stored by replacing outdated hard drives with a scalable all-flash storage system. Next47 led the Series C round with participation from Dell Technologies Capital, Goldman Sachs and more. This money brought it to unicorn status with a valuation of $1.2 billion.
#1. $112 million, April 29
Its platform rolls up an online bank account, retirement fund, brokerage and financial health app all together. LendingTree led the Series F round. It plans to put the money toward brand awareness and customer growth.
