NYC Startup Funding, Month-end Wrap-up: December 2018

 

December ended the year on a high-note for NYC startup funding. Several startups closed rounds of more than $100 million, with many more not far behind. Below are some of the largest rounds of NYC startup funding closed in December 2018.

 

The Wing – $75M
Date: 12/19/18
Round: Series C
Industry: Women’s Coworking
Lead Investor: Sequoia Capital
Company: Founded in 2016, The Wing is a network of coworking spaces specifically designed for women. The company’s mission is the ‘professional, civic, social, and economic advancement of women.’ To date, the company has raised over $117 million after five rounds of funding.

 

Bowery Farming – $90M
Date: 12/12/18
Round: Series B
Industry: Agriculture, Organic Foods, Robotics
Lead Investor: GV
Company: Founded in 2015, Bowery Farming says it’s, ‘on a mission to grow food for a better future by revolutionizing agriculture.’ In order to do this, Bowery Farming uses robotics and indoor farming to produce optimal conditions to grow organic produce. To date, Bowery Farming has raised over $141 million after five rounds of funding.

 

Dataiku – $101M
Date: 12/18/18
Round: Series C
Industry: Big Data, AI, Enterprise Software, Analytics, Machine Learning
Lead Investor: ICONIQ Capital
Company: Founded in 2013, Dataiku provides the tools necessary to allow data scientists and analysts to perform machine learning on ‘dirty’ data sets.  With clients such as large as Unilever, GE, and Fox News, Dataiku is seen as a catalysts for these data-driven companies. To date, Dataiku has raised over $146 million after five rounds of funding.

 

InVision – $115M
Date: 12/11/18
Round: Series F
Industry: Digital Product Design, UX, Mobile Apps
Lead Investor: Spark Capital
Company: Founded in 2011, InVision is a digital product design platform boasting over 2 million users. According to their website, InVision is used by over 80% of the Fortune 100 companies to design their mobile apps, websites, and digital platforms. To date, InVision has raised over $350 million after eight rounds of funding.

 

Vroom – $146M
Date: 12/11/18
Round: Series G
Industry: Automotive, E-commerce, FinTech
Lead Investor: AutoNation
Company: Founded in 2013, Vroom is an online platform that allows people to buy, sell, and trade used cars within the United States. Customers can use the company app to search for their perfect car, find financing, and even arrange to have the car delivered directly to their house. To date, Vroom has raised over $440 million after eight rounds of funding.

 

Here’s to a great 2019!

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