Last month, the top five VC funding rounds for NYC tech companies pulled in a combined total of $686 million. Popular eyewear startup Warby Parker took the top spot and reached a $3 billion valuation. Keep reading below for the details on each of August’s top fundings for NYC startups.
#5. $66 million, August 10
The online education startup offers classes in UX design, photography, business analytics and more. OMERS Growth Equity led the funding round. The company will use the funds to expand internationally and create more opportunities for teachers.
#4. $75 million, August 4
The company created an SaaS-based e-commerce marketing platform to help retail brands grow their online revenue. The Series E brought its total funding raised to $176 million. The company expects to double its revenue over the next two years.
#3. $100 million, August 24
It offers enterprise AI and machine learning tools. Stripes led the Series D round. With the funds, the company will continue to build out its platform and add several new offerings.
#2. $200 million, August 12
The fintech company offers a fixed income electronic trading platform. Dragoneer led the Series E round. The company is now valued at over $1 billion.
#1. $245 million, August 27
The eyewear startup is now valued at $3 billion. The investment is a combined $125 million Series F and a $120 million Series G, neither of which were previously announced. Investors included D1 Capital Partners and Durable Capital Partners.
