Several enormous rounds of funding were closed by New York City-based startups in September. Below are five of a the largest rounds of funding closed by NYC-based startups over the course of September 2018.
Sisense – $80M
Round: Series E
Industry: Big Data, Information Technology, Enterprise Software
Investors: 6 – Opus Capital, Insight Venture Partners, Genesis Partners, DFJ Growth, Bessemer Venture Partners, Battery Ventures
Company: Founded in 2010, Sisense is a business analytics software company covering the full scope of data analysis. According to the Wall Street Journal, “Sisense tools show a small laptop can crunch big data.” In other words, Sisense allows enormous datasets to be understood and represented by users simply. To date, Sisense has raised more than $174 million after five rounds of funding.
Ro – $88M
Round: Series A
Industry: Fitness, Healthcare
Investors: 9 – Tusk Ventures, Torch Capital, Slow Ventures, Sinai Ventures, SignalFire, Initialized Capital, General Catalyst, FirstMark, BoxGroup
Company: Founded in 2017, Ro is a mission-driven healthcare technology company. The company has two main focuses: the Roman portion which specializes in men’s health including the treatment of ED, and the Zero portion which aims to help individuals quit smoking. To date, Ro has raised more than $91 million after two rounds of funding.
Enigma – $95M
Round: Series C
Industry: Big Data, Enterprise Software
Investors: 9 – Two Sigma Ventures, Third Point Ventures, New Enterprise Associates, MetLife, Glynn Capital Management, Crosslink Capital, Comcast Ventures, Capital One Growth Ventures, BB&T
Company: Founded in 2011, Enigma is a Data-as-a-Service company specializing in data analytics and connected data. Using machine learning and artificial intelligence, Enigma connects both internal an external date in order to provide users with a real-world representation. To date, Engima has raised more than $129 million after five rounds of funding.
UiPath – $225M
Round: Series C
Industry: Enterprise Software
Investors: 3 –Sequoia Capital, CapitalG, Accel
Company: Founded in 2012, UiPath is a software and automation robotics company. UiPath aims to streamline tedious tasks such as document management and data extraction and is currently used by thousands of companies. To date, UiPath has raised more than $408 million after four rounds of funding.
Compass – $400M
Round: Series F
Industry: Real Estate
Investors: 4 – Softbank Vision Fund, Qatar Investment Authority, IVP (Institutional Venture Partners), Fidelity Investments
Company: Founded in 2012, Compass is a mobile app that pairs prospective real-estate buyers and sellers. With 30 offices in 19 regions, Compass caters to the luxury high end market. To date, Compass has raised more than $1.2 billion after fourteen rounds of funding.