Mega-financings to NY-based tech companies are becoming more common as this list of 2014's biggest financings illustrates.
New York tech mega-financings have seen a major uptick this year and so we wanted to dig into the largest financings of the year to-date. Interesting things to note:
- Oscar Health Insurance appears twice, raising a total of $150M in under a year. Quick hit financings are on the rise as we previously noted.
- First Round Capital made the most appearances on the list, taking part in 8 of the largest deals (all of which they were early-stage investors in). Thrive Capital and Accel Partners followed closely after, taking part in 6 of the mega deals.
- Jet.com has raised a $75M Series A despite still being in stealth mode.
- As we’d previously noted, NY companies are raising more than their Massachusetts counterparts (but lagging on exits).
- Note: Vice Media raised $500 million this year but the table below only includes their investment from Technology Crossover Ventures. The other $250M of investment was not included since it came from a corporate minority buyout by A&E Networks.
Here’s the full list of NY’s 50 largest tech financings of 2014.
Company | Logo | Amount ($M) | Round | Select Investors |
---|---|---|---|---|
Vice Media |
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$250 | Growth Equity | Technology Crossover Ventures |
Flatiron Health |
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$130 | Series B | Google Ventures, First Round Capital, Labcorp |
AppNexus |
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$85 | Series E | WPP Digital, Undisclosed Investors |
Oscar Health Insurance Co.* |
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$80 | Series A | Founders Fund, Khosla Ventures, General Catalyst Partners |
OnDeck Capital |
|
$77 | Series E | Google Ventures, RRE Ventures, First Round Capital, Sapphire Ventures |
Harry’s Razor Company |
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$75 | Series A | Highland Capital Partners, Tiger Global Management, SV Angel |
IEX Group |
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$75 | Series C | Spark Capital, Bain Capital |
Jet.com |
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$75 | Series A | New Enterprise Associates, Accel Partner, Bain Capital Ventures |
Oscar Health Insurance Co.* |
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$70 | Seed VC | Founders Fund, Khosla Ventures, General Catalyst Partners |
FanDuel |
|
$70 | Series D | NBCUniversal, Kohlberg Kravis Roberts & Co, Bullpen Capital |
Pond5 |
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$61 | Growth Equity | Accel Partners, Stripes Group |
Birchbox |
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$60 | Series B | Accel Partners, First Round Capital |
Bonobos |
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$55 | Series D | Mousse Partners, Coppel Capital |
xAd |
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$50 | Series D | Softbank Capital, Silicon Valley Bank, Institutional Venture Partners |
Buzzfeed |
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$50 | Series E | Andreessen Horowitz |
Yext |
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$50 | Series F | Insight Venture Partners |
Blue Apron |
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$50 | Series C | Bessemer Venture Partners, First Round Capital, Stripes Group |
Kaltura |
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$47 | Series E | Intel Capital, Silicon Valley Bank, Sapphire Ventures |
LearnVest |
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$44.5 | Series C | Accel Partners, Claritas Capital |
Urban Compass |
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$40 | Series B | Founders Fund, .406 Ventures |
Genius |
|
$40 | Series B | Andreessen Horowitz |
Sprinklr |
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$40 | Series D | Battery Ventures, Intel Capital, Iconiq Capital |
Squarespace |
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$40 | Growth Equity | General Atlantic |
DigitalOcean |
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$37.2 | Series A | Andreessen Horowitz, ATEL Ventures, IA Ventures |
SeatGeek |
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$35 | Series B | Accel Partners |
Aereo |
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$34 | Series C | Highland Capital Partners, FirstMark Capital, IAC |
Betterment |
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$32 | Series C | Menlo Ventures, Bessemer Venture Partners |
Handy |
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$31.8 | Series B | Highland Capital Partners, General Catalyst Partners |
Integral Ad Science |
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$30 | Series D | Atlas Venture, Founder Collective |
Smartling |
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$25 | Series D | US Venture Partners, Venrock, First Round Capital |
ShopKeep |
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$25 | Series C | Canaan Partners, Contour Venture Partners, TTV Capital |
Paperless Post |
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$25 | Series C | RRE Ventures, August Capital |
Payoneer |
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$25 | Series D | Greylock Partners, Carmel Ventures |
NewsCred |
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$25 | Series C | Mayfield Fund, InterWest Part, FirstMark Capital |
Dstillery |
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$24 | Series C | US Venture Partners, Menlo Ventures, Venrock |
Percolate Industries |
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$24 | Series B | Sequoia Capital, First Round Capital, GGV Capital, Lerer Hippeau Ventures |
Intent Media |
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$22.7 | Series C | Insights Venture Partners, Matrix Partners, Redpoint Ventures |
IgnitionOne |
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$22.5 | Series B | Softbank Capital, ABS Capital Partners |
Dashlane |
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$22 | Series B | Bessemer Venture Partners, FirstMark Capital |
InVisionApp |
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$21 | Series B | FirstMark Capital, Tiger Global Management |
JW Player |
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$20 | Series C | Greycroft Partners |
Jibe |
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$20 | Series C | Gotham Ventures, Draper Fisher Jurveston, Sapphire Ventures |
LiveIntent |
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$20 | Series C | Shasta Ventures, Alpha Capital Partners |
Earnest |
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$18.5 | Series A | Greycroft Partners, First Round Capital, Andreesen Horowitz |
Artsy |
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$18.5 | Series B | Thrive Capital, Peter Thiel |
Yieldbot |
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$18 | Series B | RRE Ventures, New Atlantic Ventures |
Kinetic Social |
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$18 | Series B | Blue Chip Venture Company |
The Business Insider |
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$17 | Series E | RRE Ventures, Bezos Expeditions, Institutional Venture Partners |
Poppin |
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$17 | Series C | Shasta Ventures, First Round Capital |
L2 |
|
$16.5 | Growth Equity | General Catalyst Partners |
*Traunched rounds were grouped together. Data is until 9/23/2014
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