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

 

July saw New York City startup funding continue the year’s hot streak. Below are five of the largest rounds of funding closed by NYC-based startups in July of 2018.

 

Centivo – $34M
Date: 7/18/18
Round: Series A
Industry: Healthcare
Investors: 10 – Rand Capital, Oxeon Partners, Maverick Ventures, Kevin Hill, Kenneth Goulet, Ingleside Investors, Grand Central Tech, F-Prime Capital Partners, Bessemer Venture Partners, Bain Capital Ventures
Company: Founded in 2017, Centivo is a new type of health plan built specifically for employers and their employees. Centivo targets improved healthcare outcomes by rewarding individuals and providers for smart choices and actions while delivering an exceptional experience. To date, Centivo has raised $36.4 million after two rounds of funding.

 

Greenhouse Software – $50M
Date: 7/12/18
Round: Series D
Industry: Enterprise Software, SaaS, B2B, Recruiting
Investors: 1 – Riverwood Capital
Company: Founded in 2012, Greenhouse Software is a platform that allows companies to scale their recruiting processes. Greenhouse allows companies to track applicants, find better candidates, and make data-driven hiring decisions all in pursuit of optimizing the recruiting process. To date, Greenhouse has raised $110.1 million after seven rounds of funding.

 

BlockFi – $52.5M
Date: 7/24/18
Round: Venture Round
Industry: FinTech, Lending, Financial Services, Cryptocurrencies
Investors: 1 – Galaxy Investment Partners
Company: Founded in 2017, BlockFi is a secured non-bank lender who offers cryptoasset-backed loans to cryptoasset owners. Through BlockFi, customers are able to make USD loans using cryptocurrencies as collateral. Accepted collateral includes  Bitcoin and Ether coin. To date, BlockFi has raised $56.4 million after three rounds of funding.

 

ClassPass – $85M
Date: 7/25/18
Round: Series D
Industry: Fitness, Health
Investors: 2 – Temasek Holdings, L Catterton
Company: Founded in 2013, ClassPass is a subscription marketplace allowing users to find and book fitness classes. ClassPass allows users to workout anywhere with access to live and on-demand classes from more than 10,000 fitness studios. To date, ClassPass has raised $239 million after seven rounds of funding.

 

MediaMath – $225M
Date: 7/10/18
Round: Private Equity Round
Industry: Digital Media, Advertising, Digital Marketing
Investors: 1 – Searchlight Capital Partners
Company: Founded in 2007, MediaMath is a global technology company aimed at revolutionizing traditional marketing. By using its proprietary TerminalOne Marketing Operating System, MediaMath employs cutting-edge technology and state-of-the-art algorithms to power meaningful conversations across its platform. To date, MediaMath has raised $607.5 million after eight rounds of funding.

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