NYC startups raised over $166M in July. Here are the top 5 rounds.

by Taylor Majewski
August 1, 2016

In total, New York tech companies raised over $166 million in July, continuing the momentum off of June’s success. Here is a look back at the top five rounds from this month.

5. Delos, $20 million, July 5

Investors: Undisclosed.

Bio: Delos is a wellness real estate and technology firm that launched back in 2009. The company was founded with a mission to transform indoor environments into spaces that help nurture, sustain and promote human health and well-being.

News: The company raised $20 million at an $800 million valuation this month.

 

4. Freshly, $21 million, July 12

Investors: Insight Venture Partners, Highland Capital Partners, White Star Capital and Jason Finger.

Bio: Each week, Freshly allows users to select six, nine, 12 or 21 meals from the company’s rotating menu, which features everything from omelettes to flat iron steak. The meals arrive freshly prepared, at users' doors in a refrigerated, recyclable box. In comparison to other subscription food delivery services, Freshly’s meals arrive prepared and microwave ready, catering to customers who don’t have time to cook or shop, but want a healthier alternative to takeout.

News: The company is planning on using the new capital to expand to new areas of the United States as well as build out the technology behind its product.

 

3. Transfix, $22 million, July 26

Investors: New Enterprise Associates, Canvas Ventures, Lerer Hippeau Ventures and Corigin Ventures.

Bio: Otherwise known as the “Uber for trucks,” Transfix created an online marketplace that matches shipments with available trucks, using algorithms matching freight with trucks based on location to reduce the number of “empty miles” driven by truckers.

News: Transfix plans to use the funding for continued investments in technology as well as growing product offerings to meet demand from customers.


2. Codecademy, $30 million, July 12

Investors: Naspers, Flybridge Capital Partners, Union Square Ventures, Index Ventures and Richard Branson.

Bio: With an emphasis on accessibility, Codecademy allows users to code from anywhere with an internet connection. When you sign up, the platform prompts you to create a “path,” which is essentially a customized curriculum. From there, you can dictate your own coding education, and take interactive, online classes in everything from basic HTML to Ruby on Rails.

News: The company is planning on using the new financing to grow the company’s product, build out its team, develop its mobile presence and expand globally.

 

1. Matific, $45 million, July 27

Investors: Leon Kamenev

Bio: Matific uses software to create learning games in math and science for kids between preschool and elementary school.

News: With the new funding under its belt, Matific plans to expand its network beyond the 20 countries where it already has a presence.

Have a news tip for us or know of a company that deserves coverage? Let us know or tweet us @builtinnewyork

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