These 5 NYC Tech Companies Raised the Most Funding in June
Venture capital funding boosted NYC tech companies across a variety of sectors last month. The Big Apple’s five largest tech funding rounds in June totaled more than $1.2 billion, an increase from the $950 million raised by the top five funding rounds the month before. Read on to find out which companies raised funds and how they plan to use their fresh capital.
#5. $200 million, June 14
CoachHub secured $200 million in Series C and now stands at a total of $330 million raised. Helping companies with coaching programs aimed at the entire workforce, CoachHub’s global platform is personalized, measurable and scalable.
#3. (tie) $220 million, June 8
Multiverse secured a $220 million Series D round, raising the total valuation of the company to $1.7 billion. The London-based edtech startup, co-headquartered in NYC, helps job seekers connect with apprenticeships at major companies, including Verizon, Cisco, Visa and Box.
#3. (tie) $220 million, June 7
Knock raised $220 million in a funding round. According to the company, Knock’s mobile app gives homebuyers and their agents innovative financing solutions that allow them to compete with cash buyers for their dream homes.
#2. $225 million, June 15
AlphaSense raised $225 million in Series D this month, bringing its total valuation to $1.7 billion. Using artificial intelligence-backed technology, AlphaSense pulls from trade journals, equity research, public and private company filings and other sources to help professionals making business decisions. With over $100 million in annual recurring revenue, AlphaSense has seen its customer base increase over 100 percent, according to the company.
#1. $350 million, June 14
Wonder, a mobile restaurant delivery service, raised $350 million in a Series B funding round. With the additional funding, Wonder is planning on launching 11 more mobile restaurants, which will bring the company to more than 30 mobile restaurants by 2023.
