As the country’s largest city, New York City boasts a diverse tech scene that encompasses nearly every industry. With no shortage of innovation to fund, venture firms were busy in September. The six largest raises for tech companies in NYC totaled a collective $702.5 million. Read up on which businesses are flush with fresh capital, and learn how they’re investing it.
Largest NYC Tech Funding Rounds, September 2022
- Gotham Greens
- Opto Investments
- Redesign Health
- Deep Instinct
- Mesh Payments
- AccessFintech
#5 (tied). AccessFintech: $60 million, September 22
The Series C round was led by WestCap and will go toward accelerating AccessFintech’s growth and expanding into new markets. Founded in 2015, the NYC-based company aims to transform the financial industry with its collaborative data management network. AccessFintech helps other financial institutions manage loan data, dispute claims, CSDR and penalties. It also assists with inventory stock records, cash payment matching and more.
#5 (tied). Mesh Payments: $60 million, September 7
Mesh Payments is a data-driven finance automation platform used by CFOs and managers. Its latest $60 million raise brings its total capital to $123 million, according to the company. Alpha Wave, Tiger Global and others participated in this round, which will be used to further its go-to-market plans and continue innovating its product offerings.
#4. Deep Instinct: $62.5 million, September 20
Specializing in threat prevention tech, Deep Instinct is furthering growth in the cybersecurity sector with its latest round of funding. Its solution works to stop ransomware and other malware ahead of time by leveraging deep learning cybersecurity framework. Led by BlackRock, the round saw participation from Chrysalis Investments, Millennium and Unbound.
#3. Redesign Health: $65 million, September 13
The company works to launch telehealth solutions that serve a variety of areas, from weight loss platform Calibrate to oncology app Proper. With $65 million in fresh capital led by Catalyst Health, Redesign Health will further expand its company portfolio. To date, Redesign Health had secured a total of $315 million in venture funding.
#2. Opto Investments: $145 million, September 20
Opto Investments emerged from stealth with a hefty Series A sum. The platform helps independent investment advisors access private market investments, connecting them to managers and alternative asset tools. The capital, led by Tiger Global, will help Opto secure customer investment opportunities, scale its business and grow its team.
#1. Gotham Greens: $310 million, September 12
Bringing farming into the future, agtech company Gotham Greens operates a network of hydroponic greenhouses situated in cities across the country. Its latest injection of capital was co-led by BMO Impact Investment Fund and Ares Management and will help the NYC company expand into more areas. New greenhouses are underway in Texas, Georgia and Colorado as Gotham Greens strives to operate 13 facilities by 2023.
