These 5 NYC Companies Secured a Total of $423M+ in January

Learn how the tech companies that raised last month’s largest venture sums are investing the fresh capital.

Written by Ashley Bowden
Published on Feb. 03, 2025
Photo: Shutterstock
Photo: Shutterstock

Artificial intelligence is undergoing rapid innovation, and companies in the Big Apple are receiving plenty of funding to help speed up developments. Several of January’s largest NYC funding rounds went to tech companies that incorporate AI into their offerings. Find out which of these companies are growing following their latest capital injections. 

Top NYC Tech Funding Rounds, January 2025

  1. ElevenLabs
  2. ShopMy
  3. Fundraise Up
  4. Amogy
  5. Clay

 

#5. $40 million, January 22

Valued at $1.25 billion, Clay, an enterprise data workflow solution, secured $40 million in fresh financing. The Series B round was led by Meritech. Clay’s integrations and AI-powered research agents allow teams to source data from across their tech stack and build workflows for customer acquisition and retention. The company says it has over 5,000 customers.

 

#4. $56 million, January 15

Amogy is a company working to decarbonize sectors like maritime, power generation and heavy industry with carbon-free energy solutions. It announced $56 million in financing co-led by Aramco Ventures and SV Investment. The company will invest in R&D, manufacturing and market expansion with its fresh capital.

 

#3. $70 million, January 23

Fundraise Up leverages predictive AI to reduce donor friction and help nonprofits raise more money online. The company locked in a majority investment led by Summit Partners to expand its product offerings, accelerate its global market reach and provide innovative, AI-powered solutions for unlocking nonprofits’ full fundraising potential and impact.

 

#2. $77.5 million, January 24

Planning to fuel its expansion, ShopMy secured $77.5 million in Series B funding for its influencer shopping platform. The company connects advertisers and influencers, helping brands to reach their goals. Its latest round was spearheaded by Bessemer Venture Partners and Bain Capital Ventures.

 

#1. $180 million, January 30

ElevenLabs, a company specializing in AI voice solutions, secured $180 million in Series C funding to invest in AI audio technology advancement, research expansion and product development. The company will look into more expressive and controllable voice AI, expand its developer tools for scaling businesses and enhance AI safety. A16z and ICONIQ Growth led the round that values ElevenLabs at $3.3 billion.

Methodology: Built In tracked the largest funding rounds of the month using previous reporting and articles from other publications and companies. This list highlights the five largest funding rounds raised in January by tech companies with a headquarters in New York. We only include venture capital and equity raises and do not include debt or post-IPO funding rounds in this list.

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