These 5 NYC Tech Companies Raised a Combined $2.7B in July

August 2, 2021
photo: shutterstock

Venture capital firms were caught up in a storm of tech innovations last month as these Big Apple companies pulled in sizable financing rounds left and right. Pulling well ahead of June’s total for the top VC rounds in NYC, check out what these companies are doing with over $2 billion in fresh capital.


#5. $200 million, July 6

This company’s platform aims to help consumers find new products online. Its recommendation engine connects products to shoppers over social media feeds, simultaneously enabling advertisers to grow their business. Outbrain grabbed up $200 million in fresh funding from The Baupost Group for its tech that serves marketers in over 55 countries across the globe.


#4. $235 million, July 20

Helping developers focus on building out their games, Tilting Point spends its time working to get those games noticed and provides developers with user-acquisition budgets. Looking toward the future, Tilting Point is changing up its strategy slightly. The company is investing its $235 million in General Atlantic-raised funding in expanding and acquiring new games rather than users to play them.


#3. $310 million, July 27

The crypto space has been booming and this company is capitalizing on the industry’s recent growth. Fireblocks provides financial institutions with the infrastructure they need to run a digital asset business, and it recently achieved a $2.2 billion valuation alongside its Series D round. As it plans to remain independent for its customers, the funding will fuel its engineering and customer success operations, as well as global expansion. Sequoia, Stripes and Sparks Capital led the round.


#2. $440 million, July 27

This fintech company’s platform works to provide its clients with lower minimums and a simplified digital workflow, as well as access to alternative investments. iCapital pulled in its latest round of funding led by Temasek to upgrade its platform and pursue acquisitions. Following this round, the fintech company is valued at $4.4 billion. It’s also currently hiring across several departments like engineering and HR.


#1. $1.5 billion, July 1

After its immense Series A round, the edtech company is valued at $3.75 billion. It develops software that major brands use for providing online training sessions to their employees. To date, it serves over 106,000 customers across 161 countries. With its General Atlantic-led funding, Articulate Global is focusing on accelerating growth and fueling international expansion. It currently lists dozens of open tech roles on its website as well.

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