These 5 NYC Tech Companies Raised April’s Largest Funding Rounds
Five local tech companies pulled in a combined $543 million in April. Find out which companies had the highest investments and how these funds will be used to further expand the NYC tech scene.
#5. $55 million, April 28
Movable Ink became a tech unicorn with a $1.3 billion valuation after securing a Series D round led by Silver Lake Waterman. Movable Ink helps marketers create visual content and will use its funding to advance its product roadmap and hire 150 more employees by the end of the year.
#4. $60 million, April 21
AppHub gained a Series A funding round led by Silversmith Capital Partners. AppHub will invest the round in developing new applications and strategic acquisitions. The company helps e-commerce merchants grow by providing software applications.
#3. $88 million, April 7
CertiK, a blockchain and Web3 security company, doubled its valuation after an $88 million Series B3 financing round. The funding was co-led by Insight Partners, Tiger Global and Advent International and will be used to invest in CertiK’s products.
#2. $100 million, April 6
CAIS raised $100 million in continuation of its $225 million round in January co-led by Motive Partners, Apollo and Franklin Templeton. CAIS provides financial advisors with an alternative investment platform for more education about and access to alternative investments.
#1. $240 million, April 6
Grafana Labs raised a Series D round led by Singapore’s sovereign wealth fund, GIC. Grafana Labs also gained J.P. Morgan as a new investor. The New York-based company provides brands like PayPal and Verizone with a composable monitoring and observability stack for visualizations and open source projects.
