These 5 NYC Tech Companies Raised $537M Combined in June

Here are the top five largest funding rounds for NYC startups in June.

Written by Anna Holmquist
Published on Jul. 01, 2020
These 5 NYC Tech Companies Raised $537M Combined in June
Photo: Shutterstock

June meant big funding rounds for NYC tech companies, with the top five taking home a total of $537 million. Oscar Health topped the list with a giant $225 million infusion of new funding. Read on below for all the details on this month’s biggest rounds.


#5. $50 million, June 25

It helps hospitality businesses use data to provide more personalized experiences for their guests. Providence Strategic Growth led the Series B. This funding round brought its total raised to over $70 million.


#4. $60 million, June 4

Its platform helps business automate tasks like data entry, client onboarding, form processing and more. Bessemer Venture Partners led the Series C. The funding will help accelerate development.


#3. $100 million, June 18

Its privacy-first platform works to secure digital transactions and experiences. Apax Digital led the investment. It’ll use the funds to acquire strategic assets, and more.


#2. $102 million, June 22

Its platform helps to make the financial aspect of doctor visits easier to manage. Andreessen Horowitz led the Series C round, which brought its total raised so far to over $150 million. It also announced a new partnership with Novant Health.


#1. $225 million, June 26

Topping the list is direct-to-consumer health insurer Oscar Health. Investors included Alphabet, General Catalyst, Khosla Ventures, Lakestar and more. The company has raised a total of $1.5 billion to date.

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