No stranger to big fundings, NYC tech raised a total of $413 million in the month of October. While last month’s fundings brought in a higher amount — $741 million to be exact — that was mainly thanks to Via’s $250 million round. Learn which companies brought in the most this month.
5. SecurityScorecard, $27.5M, Oct. 12
Investors: Two Sigma Ventures, Sequoia Capital, Nokia Growth Partners, Moody’s Investors Service, Intel Capital, GV, Evolution Equity Partners, Boldstart Ventures, AXA Strategic Ventures
Bio: SecurityScorecard gives risk management professionals better transparency into their company’s security. It serves a number of industries, including finance, technology and insurance.
News: The company raised $27.5 million in Series C funding led by Nokia Growth Partners with participation from Moody's Corporation, AXA Strategic Ventures, Intel Capital and existing investors. The investment will go toward adding new features to the platform.
4. ActionIQ, $30M, Oct. 23
Investors: Sequoia Capital, FirstMark, Andreessen Horowitz, Shutterstock
Bio: ActionIQ is a data platform that provides marketers with a user-friendly interface, making it easier for a professional without big data experience to analyze information. This gives them actionable insight into their audience.
News: The company raised $30 million in Series B funding, bringing its total amount raised to $45 million. Andreessen Horowitz, with participation from Shutterstock, an ActionIQ customer, Sequoia Capital and FirstMark, led the investment.
3. Bluecore, $35M, Oct. 4
Investors: Scott Beechuck, Norwest Venture Partners, Georgian Partners, FirstMark, Felicis Ventures
Bio: Bluecore is a marketing platform built for the retail industry. It lets users integrate complicated data, understand their customers and optimize campaigns across multiple channels.
News: The company raised $35 million in Series C funding led by Norwest Venture Partners. The funding will be put toward product development and expanding the customer base.
2. Digital Asset, $40M, Oct. 16
Investor: Jefferson River Capital
Bio: Digital Asset is a fintech platform that uses blockchain technology. It provides professionals with a universal record of accurate data, eliminating the need for reconciliation.
News: The company raised $40 million in funding, bringing the total amount raised to $110 million. The round was led by Jefferson River Capital and will be used to grow the team, either through new hires or acquisitions.
1. Andela, $40M, Oct. 10
Investors: VentureSouq, TLcom Capital, Spark Capital, Salesforce Ventures, GV, DBL Partners, Chan Zuckerberg Initiative, CRE Venture Capital, Amplo, Aera VC
Bio: Andela helps tech professionals from Africa connect with companies in the U.S. They take care of recruitment, training and placement. After a candidate’s contract is over, they can either continue working in the U.S. or return home with new skills.
News: The startup raised $40 million in Series C funding led by CRE Venture Capital and will use the investment to expand to other countries in Africa.
