Max Rhodes

Jun 6, 2022

AlleyWatch Armed with some data from our friends at CrunchBase, I broke down the largest US startup funding rounds from May 2022. I have included some additional information such as industry, company description, round type, founders, and total equity funding raised to further the analysis. MarketplaceLIVE is evolving and expanding this year into a hybrid format across several days. Over the three days, you’ll be able to engage in global stories, speed network with industry peers, join our first-ever technical user conference, and end with our thought leadership event taking place both virtually and in-person from The Glasshouse in NYC. MarketplaceLIVE is the place where the complete community of cloud and digital stakeholders can come together to learn, cross-pollinate ideas, and network If you’re unable to join us in person, we have you covered with an interactive virtual experience. 12. Firework $150.0M Round: Series B Description: San Mateo-based Firework is a digital engagement platform that brings interactive video experiences to websites and apps. Founded by Jerry Luk and Vincent Yang in 2017, Firework has now raised a total of $269.3M in total equity funding and is backed by SoftBank Vision Fund, IDG Capital, GSR Ventures, Lightspeed Venture Partners, Sand Hill Angels. Investors in the round: SoftBank Vision Fund Industry: Advertising Platforms, E-Commerce Platforms, SaaS, Software, Video Founders: Jerry Luk, Vincent Yang Founding year: 2017 Total equity funding raised: $269.3M MarketplaceLIVE is evolving and expanding this year into a hybrid format across several days. Over the three days, you’ll be able to engage in global stories, speed network with industry peers, join our first-ever technical user conference, and end with our thought leadership event taking place both virtually and in-person from The Glasshouse in NYC. MarketplaceLIVE is the place where the complete community of cloud and digital stakeholders can come together to learn, cross-pollinate ideas, and network If you’re unable to join us in person, we have you covered with an interactive virtual experience. 12. Motive $150.0M Round: Series F Description: San Francisco-based Motive builds technology to improve the safety, productivity and profitability of businesses that power the physical economy. Founded by Obaid Khan, Ryan Johns, and Shoaib Makani in 2013, Motive has now raised a total of $567.3M in total equity funding and is backed by Insight Partners, BlackRock, GV, IVP, World Innovation Lab (WiL). Investors in the round: Greenoaks Capital, GV, Index Ventures, Insight Partners, IVP, Kleiner Perkins, Scale Venture Partners Industry: Artificial Intelligence, Logistics, SaaS, Transportation Founders: Obaid Khan, Ryan Johns, Shoaib Makani Founding year: 2013 Total equity funding raised: $567.3M MarketplaceLIVE is evolving and expanding this year into a hybrid format across several days. Over the three days, you’ll be able to engage in global stories, speed network with industry peers, join our first-ever technical user conference, and end with our thought leadership event taking place both virtually and in-person from The Glasshouse in NYC. MarketplaceLIVE is the place where the complete community of cloud and digital stakeholders can come together to learn, cross-pollinate ideas, and network If you’re unable to join us in person, we have you covered with an interactive virtual experience. 12. Mainspring Energy $150.0M Round: Series E Description: Menlo Park-based Mainspring Energy is engineering advanced technology by developing a prototype of a linear generator that converts fuel to electricity. Founded by Adam Simpson, Matt Svrcek, and Shannon Miller in 2010, Mainspring Energy has now raised a total of $328.0M in total equity funding and is backed by Alumni Ventures, Fidelity, Lightrock, Khosla Ventures, ClearSky. Investors in the round: Bill Gates, Fidelity, Fine Structure Venture, Khosla Ventures, Lightrock, Lineage Ventures, Princeville Capital Industry: Clean Energy, Energy, Oil and Gas Founders: Adam Simpson, Matt Svrcek, Shannon Miller Founding year: 2010 Total equity funding raised: $328.0M MarketplaceLIVE is evolving and expanding this year into a hybrid format across several days. Over the three days, you’ll be able to engage in global stories, speed network with industry peers, join our first-ever technical user conference, and end with our thought leadership event taking place both virtually and in-person from The Glasshouse in NYC. MarketplaceLIVE is the place where the complete community of cloud and digital stakeholders can come together to learn, cross-pollinate ideas, and network If you’re unable to join us in person, we have you covered with an interactive virtual experience. 12. Cribl $150.0M Round: Series D Description: San Francisco-based Cribl is an observability pipeline company that provides administrators control over their data in motion. Founded by Clint Sharp, Dritan Bitincka, and Ledion Bitincka in 2017, Cribl has now raised a total of $402.2M in total equity funding and is backed by CrowdStrike, Sequoia Capital, Tiger Global Management, Greylock, Redpoint. Investors in the round: CRV, Greylock, IVP, Redpoint, Sequoia Capital, Tiger Global Management Industry: Big Data, Information Technology, Real Time, Software Founders: Clint Sharp, Dritan Bitincka, Ledion Bitincka Founding year: 2017 Total equity funding raised: $402.2M MarketplaceLIVE is evolving and expanding this year into a hybrid format across several days. Over the three days, you’ll be able to engage in global stories, speed network with industry peers, join our first-ever technical user conference, and end with our thought leadership event taking place both virtually and in-person from The Glasshouse in NYC. MarketplaceLIVE is the place where the complete community of cloud and digital stakeholders can come together to learn, cross-pollinate ideas, and network If you’re unable to join us in person, we have you covered with an interactive virtual experience. 11. Clear Street $165.0M Round: Series B Description: New York-based Clear Street builds modern infrastructure for capital markets. Founded by Chris Pento, Sachin Kumar, and Uriel Cohen in 2018, Clear Street has now raised a total of $200.0M in total equity funding and is backed by NextGen Venture Partners, Prysm Capital, Illia Polosukhin, McLaren Strategic Ventures, Walleye Capital. Investors in the round: Alastair Trueger, Belvedere Capital Partners, Illia Polosukhin, McLaren Strategic Ventures, Moses Lo, NextGen Venture Partners, Prysm Capital, Validus Growth Investors, Walleye Capital Industry: Cloud Infrastructure, Financial Services, FinTech Founders: Chris Pento, Sachin Kumar, Uriel Cohen Founding year: 2018 Total equity funding raised: $200.0M MarketplaceLIVE is evolving and expanding this year into a hybrid format across several days. Over the three days, you’ll be able to engage in global stories, speed network with industry peers, join our first-ever technical user conference, and end with our thought leadership event taking place both virtually and in-person from The Glasshouse in NYC. MarketplaceLIVE is the place where the complete community of cloud and digital stakeholders can come together to learn, cross-pollinate ideas, and network If you’re unable to join us in person, we have you covered with an interactive virtual experience. 10. Chainalysis $170.0M Round: Series F Description: New York-based Chainalysis provides blockchain data and analysis to governments, banks, and businesses worldwide. Founded by Jan Moller, Jonathan Levin, and Michael Gronager in 2014, Chainalysis has now raised a total of $536.6M in total equity funding and is backed by Techstars, Digital Currency Group, Accel, Buck Stash, BNY Mellon. Investors in the round: Accel, Blackstone Group, BNY Mellon, Dragoneer Investment Group, Emergence Capital, FundersClub, GIC Industry: Analytics, Blockchain, Cryptocurrency, FinTech Founders: Jan Moller, Jonathan Levin, Michael Gronager Founding year: 2014 Total equity funding raised: $536.6M MarketplaceLIVE is evolving and expanding this year into a hybrid format across several days. Over the three days, you’ll be able to engage in global stories, speed network with industry peers, join our first-ever technical user conference, and end with our thought leadership event taking place both virtually and in-person from The Glasshouse in NYC. MarketplaceLIVE is the place where the complete community of cloud and digital stakeholders can come together to learn, cross-pollinate ideas, and network If you’re unable to join us in person, we have you covered with an interactive virtual experience. 9. Material Bank $175.0M Round: Series D Description: Boca Raton-based Material Bank provides sample materials for design professionals and brands in the architecture and design industry. Founded by Adam Sandow in 2018, Material Bank has now raised a total of $323.2M in total equity funding and is backed by General Catalyst, SoftBank Vision Fund, Bond, Fifth Wall, Brookfield Growth. Investors in the round: 9Yards Capital, Bain Capital Ventures, Bond, Brookfield Growth, Durable Capital Partners, Echo Street Capital Management, Fifth Wall, General Catalyst, Lead Edge Capital, Raine Ventures, RXR Realty, SoftBank Vision Fund Industry: Architecture, Industrial Design, Interior Design, Retail Founders: Adam Sandow Total equity funding raised: $323.2M MarketplaceLIVE is evolving and expanding this year into a hybrid format across several days. Over the three days, you’ll be able to engage in global stories, speed network with industry peers, join our first-ever technical user conference, and end with our thought leadership event taking place both virtually and in-person from The Glasshouse in NYC. MarketplaceLIVE is the place where the complete community of cloud and digital stakeholders can come together to learn, cross-pollinate ideas, and network If you’re unable to join us in person, we have you covered with an interactive virtual experience. 8. Mosyle $196.0M Round: Series B Description: Winter Park-based Mosyle provides modern management and endpoint security for Apple enterprise and education customers. Founded by Alcyr Araujo in 2012, Mosyle has now raised a total of $248.1M in total equity funding and is backed by Insight Partners, Elephant, StepStone Group, Album VC, DGF Investimentos. Investors in the round: Album VC, Elephant, Insight Partners, StepStone Group Industry: Education, Enterprise Software, Mobile Devices, Software Founders: Alcyr Araujo Total equity funding raised: $248.1M MarketplaceLIVE is evolving and expanding this year into a hybrid format across several days. Over the three days, you’ll be able to engage in global stories, speed network with industry peers, join our first-ever technical user conference, and end with our thought leadership event taking place both virtually and in-person from The Glasshouse in NYC. MarketplaceLIVE is the place where the complete community of cloud and digital stakeholders can come together to learn, cross-pollinate ideas, and network If you’re unable to join us in person, we have you covered with an interactive virtual experience. 7. Arcadia $200.0M Round: Series E Description: Washington-based Arcadia is a climate software and data company that specializes in decarbonizing the electric grid. Founded by Kiran Bhatraju and Ryan Nesbitt in 2014, Arcadia has now raised a total of $365.0M in total equity funding and is backed by Alumni Ventures, Tiger Global Management, BoxGroup, Energy Impact Partners, Salesforce Ventures. Investors in the round: Broadscale, Camber Creek, J.P. Morgan Asset Management, Keyframe Capital Partners, My Climate Journey Collective, Salesforce Ventures, The Drawdown Fund, Tiger Global Management, Triangle Peak Partners, Wellington Management Industry: Clean Energy, CleanTech, Database, Renewable Energy, Solar Founders: Kiran Bhatraju, Ryan Nesbitt Founding year: 2014 Total equity funding raised: $365.0M MarketplaceLIVE is evolving and expanding this year into a hybrid format across several days. Over the three days, you’ll be able to engage in global stories, speed network with industry peers, join our first-ever technical user conference, and end with our thought leadership event taking place both virtually and in-person from The Glasshouse in NYC. MarketplaceLIVE is the place where the complete community of cloud and digital stakeholders can come together to learn, cross-pollinate ideas, and network If you’re unable to join us in person, we have you covered with an interactive virtual experience. 7. Pathlock $200.0M Round: Venture Description: Flemington-based Pathlock is a provider of unified access orchestration. Founded by Anand Adya, Aparna Deshpande, and Ingo Bax in 2004, Pathlock has now raised a total of $220.0M in total equity funding and is backed by Storm Ventures, Vertica Capital Partners. Investors in the round: Vertica Capital Partners Industry: Enterprise Software, Government, Information Technology, Risk Management, Software Founders: Anand Adya, Aparna Deshpande, Ingo Bax Founding year: 2004 Total equity funding raised: $220.0M MarketplaceLIVE is evolving and expanding this year into a hybrid format across several days. Over the three days, you’ll be able to engage in global stories, speed network with industry peers, join our first-ever technical user conference, and end with our thought leadership event taking place both virtually and in-person from The Glasshouse in NYC. MarketplaceLIVE is the place where the complete community of cloud and digital stakeholders can come together to learn, cross-pollinate ideas, and network If you’re unable to join us in person, we have you covered with an interactive virtual experience. 7. Semperis $200.0M Round: Series C Description: Hoboken-based Semperis is a developer of enterprise identity protection and cyber resilience for cross-cloud and hybrid environments. Founded by Guy Teverovsky, Matan Liberman, and Mickey Bresman in 2014, Semperis has now raised a total of $240.0M in total equity funding and is backed by Atrium Health, Insight Partners, Paladin Capital Group, Kohlberg Kravis Roberts, Ten Eleven Ventures. Investors in the round: Atrium Health, Insight Partners, Kohlberg Kravis Roberts, Paladin Capital Group, Tech Pioneers Fund, TenEleven Ventures Industry: Cyber Security, Enterprise Software, Identity Management, Information Technology Founders: Guy Teverovsky, Matan Liberman, Mickey Bresman Founding year: 2014 Total equity funding raised: $240.0M MarketplaceLIVE is evolving and expanding this year into a hybrid format across several days. Over the three days, you’ll be able to engage in global stories, speed network with industry peers, join our first-ever technical user conference, and end with our thought leadership event taking place both virtually and in-person from The Glasshouse in NYC. MarketplaceLIVE is the place where the complete community of cloud and digital stakeholders can come together to learn, cross-pollinate ideas, and network If you’re unable to join us in person, we have you covered with an interactive virtual experience. 6. Abnormal Security $210.0M Round: Series C Description: San Francisco-based Abnormal Security is an email security company that protects enterprises and organizations from targeted email attacks. Founded by Evan Reiser and Sanjay Jeyakumar in 2018, Abnormal Security has now raised a total of $284.0M in total equity funding and is backed by Insight Partners, Greylock, Menlo Ventures. Investors in the round: Greylock, Insight Partners, Menlo Ventures Industry: Cyber Security, Email, Information Technology, Network Security, Security Founders: Evan Reiser, Sanjay Jeyakumar Founding year: 2018 Total equity funding raised: $284.0M MarketplaceLIVE is evolving and expanding this year into a hybrid format across several days. Over the three days, you’ll be able to engage in global stories, speed network with industry peers, join our first-ever technical user conference, and end with our thought leadership event taking place both virtually and in-person from The Glasshouse in NYC. MarketplaceLIVE is the place where the complete community of cloud and digital stakeholders can come together to learn, cross-pollinate ideas, and network If you’re unable to join us in person, we have you covered with an interactive virtual experience. 5. Rippling $250.0M Round: Series D Description: San Francisco-based Rippling is a human resource management company that offers an all-in-one platform to help manage HR and IT operations. Founded by Parker Conrad and Prasanna Sankar in 2016, Rippling has now raised a total of $697.0M in total equity funding and is backed by TokenZ, Crowd Venture Capital, COIND, Sequoia Capital, FundersClub. Investors in the round: Bedrock Capital, Kleiner Perkins, Sequoia Capital, Y Combinator Industry: Employment, Human Resources, Information Technology, IT Management, Productivity Tools Founders: Parker Conrad, Prasanna Sankar Founding year: 2016 Total equity funding raised: $697.0M MarketplaceLIVE is evolving and expanding this year into a hybrid format across several days. Over the three days, you’ll be able to engage in global stories, speed network with industry peers, join our first-ever technical user conference, and end with our thought leadership event taking place both virtually and in-person from The Glasshouse in NYC. MarketplaceLIVE is the place where the complete community of cloud and digital stakeholders can come together to learn, cross-pollinate ideas, and network If you’re unable to join us in person, we have you covered with an interactive virtual experience. 4. SpotOn $300.0M Round: Series F Description: San Francisco-based SpotOn provides mobile payment technology and a management system for restaurants and small businesses. Founded by Doron Friedman, Matt Hyman, and Zach Hyman in 2017, SpotOn has now raised a total of $928.0M in total equity funding and is backed by Andreessen Horowitz, Franklin Templeton Investments, Mubadala, Coatue, G Squared. Investors in the round: Andreessen Horowitz, Dragoneer Investment Group, DST Global, Franklin Templeton Investments, G Squared, Mubadala Industry: Mobile Payments, Payments, Sales Automation, Software Founders: Doron Friedman, Matt Hyman, Zach Hyman Founding year: 2017 Total equity funding raised: $928.0M MarketplaceLIVE is evolving and expanding this year into a hybrid format across several days. Over the three days, you’ll be able to engage in global stories, speed network with industry peers, join our first-ever technical user conference, and end with our thought leadership event taking place both virtually and in-person from The Glasshouse in NYC. MarketplaceLIVE is the place where the complete community of cloud and digital stakeholders can come together to learn, cross-pollinate ideas, and network If you’re unable to join us in person, we have you covered with an interactive virtual experience. 3. Velocity Global $400.0M Round: Series B Description: Denver-based Velocity Global offers a global employment solution that simplifies how companies onboard, manage, and pay talent. Founded by Ben Wright in 2014, Velocity Global has now raised a total of $500.0M in total equity funding and is backed by Norwest Venture Partners, Eldridge, Friedman Fleischer & Lowe (FFL). Investors in the round: Eldridge, Friedman Fleischer & Lowe (FFL), Norwest Venture Partners Industry: Employment, Human Resources, Information Technology, Productivity Tools, Recruiting Founders: Ben Wright Total equity funding raised: $500.0M MarketplaceLIVE is evolving and expanding this year into a hybrid format across several days. Over the three days, you’ll be able to engage in global stories, speed network with industry peers, join our first-ever technical user conference, and end with our thought leadership event taking place both virtually and in-person from The Glasshouse in NYC. MarketplaceLIVE is the place where the complete community of cloud and digital stakeholders can come together to learn, cross-pollinate ideas, and network If you’re unable to join us in person, we have you covered with an interactive virtual experience. 3. Group14 Technologies $400.0M Round: Series C Description: Woodinville-based Group14 Technologies is a battery storage technology company that develops silicon-carbon composite materials for lithium-ion markets. Founded by Aaron Feaver, Rick Costantino, and Rick Luebbe in 2015, Group14 Technologies has now raised a total of $435.0M in total equity funding and is backed by Porsche, OMERS Ventures, Riverstone Holdings, Washington state Department of Commerce, Vsquared Ventures. Investors in the round: Decarbonization Partners, Moore Strategic Ventures, OMERS Ventures, Porsche, Riverstone Holdings, Vsquared Ventures Industry: Battery, Chemical Engineering, Electric Vehicle, Energy Storage, Nanotechnology Founders: Aaron Feaver, Rick Costantino, Rick Luebbe Founding year: 2015 Total equity funding raised: $435.0M MarketplaceLIVE is evolving and expanding this year into a hybrid format across several days. Over the three days, you’ll be able to engage in global stories, speed network with industry peers, join our first-ever technical user conference, and end with our thought leadership event taking place both virtually and in-person from The Glasshouse in NYC. MarketplaceLIVE is the place where the complete community of cloud and digital stakeholders can come together to learn, cross-pollinate ideas, and network If you’re unable to join us in person, we have you covered with an interactive virtual experience. 2. Faire $416.0M Round: Series G Description: San Francisco-based Faire is a company that helps retailers find and buy wholesale merchandise for their stores. Founded by Daniele Perito, Jeffrey Kolovson, Lauren Cooks Levitan, Marcelo Cortes, and Max Rhodes in 2017, Faire has now raised a total of $1.7B in total equity funding and is backed by Sequoia Capital, Norwest Venture Partners, Y Combinator, Founders Fund, Baillie Gifford. Investors in the round: Sequoia Capital, Y Combinator Industry: E-Commerce, Marketplace, Retail, Retail Technology, Wholesale Founders: Daniele Perito, Jeffrey Kolovson, Lauren Cooks Levitan, Marcelo Cortes, Max Rhodes Founding year: 2017 Total equity funding raised: $1.7B MarketplaceLIVE is evolving and expanding this year into a hybrid format across several days. Over the three days, you’ll be able to engage in global stories, speed network with industry peers, join our first-ever technical user conference, and end with our thought leadership event taking place both virtually and in-person from The Glasshouse in NYC. MarketplaceLIVE is the place where the complete community of cloud and digital stakeholders can come together to learn, cross-pollinate ideas, and network If you’re unable to join us in person, we have you covered with an interactive virtual experience. 1. Acrisure $725.0M Round: Series B Description: Grand Rapids-based Acrisure offers financial services solutions for insurance, reinsurance, real estate, cyber services, and asset and wealth management. Founded by Greg Williams and Ricky Norris in 2005, Acrisure has now raised a total of $4.2B in total equity funding and is backed by Abu Dhabi Investment Authority, BDT Capital Partners, Veronis Suhler Stevenson, Oak Hill Advisors, Guggenheim Investments. Investors in the round: Abu Dhabi Investment Authority, Guggenheim Investments, Oak Hill Advisors Industry: Artificial Intelligence, Financial Services, FinTech, Insurance Founders: Greg Williams, Ricky Norris Founding year: 2005 Total equity funding raised: $4.2B MarketplaceLIVE is evolving and expanding this year into a hybrid format across several days. Over the three days, you’ll be able to engage in global stories, speed network with industry peers, join our first-ever technical user conference, and end with our thought leadership event taking place both virtually and in-person from The Glasshouse in NYC. MarketplaceLIVE is the place where the complete community of cloud and digital stakeholders can come together to learn, cross-pollinate ideas, and network If you’re unable to join us in person, we have you covered with an interactive virtual experience. ****The first 10 to register for in-person will receive complimentary registration (valued at $499), use discount code: ALLEYWATCH***