Armed with some data from our friends at Crunchbase, I broke down the largest US startup funding rounds from the first quarter of 2020. I have included some additional information such as industry, company description, round type, founders, and total equity funding raised to further the analysis. To maintain a focus on tech-enabled companies, real estate, biotech, and lending companies were excluded. This report only contains equity fundings.
CLICK HERE TO SEE THE TOP US STARTUP FUNDINGS OF Q1 2020
The TechWatch Media Group audience is driving progress and innovation on a global scale. With its regional media properties (NYC Tech, LA Tech, London Tech, Paris Tech, Boston Tech), TechWatch Media Group is the highway for technology and entrepreneurship. There are a number of options to reach this audience of the world’s most innovative organizations and startups at scale including having prominent brand placement in a high-visibility piece like this, which will be read by the vast majority of key influencers in the business community and beyond. Find out more here.
15. AppsFlyer $210.0M
Round: Series D
Description: San Francisco-based AppsFlyer is a mobile ad attribution platform that allows advertisers to analyze which campaigns drive results. Founded by Oren Kaniel and Reshef Mann in 2011, AppsFlyer has now raised a total of $293.1M in total equity funding and is backed by investors that include Goldman Sachs, Eight Roads Ventures, General Atlantic, Pitango Venture Capital, and Microsoft Accelerator.
Investors in the round: DTCP, Eight Roads Ventures, General Atlantic, Goldman Sachs, Magma Venture Partners, Pitango Venture Capital, Qumra Capital
Funding month: January
Industry: Advertising, Analytics, Android, Apps, iOS, Marketing, Mobile, SaaS, Software
Founders: Oren Kaniel, Reshef Mann
Founding year: 2011
Location: San Francisco, California, United States
Total reported equity funding: $293.1M
The TechWatch Media Group audience is driving progress and innovation on a global scale. With its regional media properties (NYC Tech, LA Tech, London Tech, Paris Tech, Boston Tech), TechWatch Media Group is the highway for technology and entrepreneurship. There are a number of options to reach this audience of the world’s most innovative organizations and startups at scale including having prominent brand placement in a high-visibility piece like this, which will be read by the vast majority of key influencers in the business community and beyond. Find out more here.
15. OneTrust $210.0M
Round: Series B
Description: Atlanta-based OneTrust is a privacy management and marketing compliance technology helping organizations comply with global regulations like GDPR. Founded by Kabir Barday in 2016, OneTrust has now raised a total of $410.0M in total equity funding and is backed by investors that include Coatue Management and Insight Partners.
Investors in the round: Coatue Management, Insight Partners
Funding month: February
Industry: Compliance, Computer, Marketing, Privacy, Software
Founders: Kabir Barday
Founding year: 2016
Location: Atlanta, Georgia, United States
Total reported equity funding: $410.0M
The TechWatch Media Group audience is driving progress and innovation on a global scale. With its regional media properties (NYC Tech, LA Tech, London Tech, Paris Tech, Boston Tech), TechWatch Media Group is the highway for technology and entrepreneurship. There are a number of options to reach this audience of the world’s most innovative organizations and startups at scale including having prominent brand placement in a high-visibility piece like this, which will be read by the vast majority of key influencers in the business community and beyond. Find out more here.
14. StackPath $216.0M
Round: Series B
Description: Dallas-based StackPath is an SaaS company developing technology to enable a safer Internet from cyber security threats. Founded by Jason Gulledge, Lance Crosby, and Ryan Carter in 2015, StackPath has now raised a total of $396.0M in total equity funding and is backed by investors that include Juniper Networks, Cox Communications, and ABRY Partners.
Investors in the round: Cox Communications, Juniper Networks
Funding month: March
Industry: Cyber Security, Enterprise Software, Information Technology, Internet, Network Security, SaaS, Software
Founders: Jason Gulledge, Lance Crosby, Ryan Carter
Founding year: 2015
Location: Dallas, Texas, United States
Total reported equity funding: $396.0M
The TechWatch Media Group audience is driving progress and innovation on a global scale. With its regional media properties (NYC Tech, LA Tech, London Tech, Paris Tech, Boston Tech), TechWatch Media Group is the highway for technology and entrepreneurship. There are a number of options to reach this audience of the world’s most innovative organizations and startups at scale including having prominent brand placement in a high-visibility piece like this, which will be read by the vast majority of key influencers in the business community and beyond. Find out more here.
13. Califia Farms $225.0M
Round: Series D
Description: Bakersfield-based Califia Farms operates as a natural beverage company. Founded by Greg Steltenpohl in 2010, Califia Farms has now raised a total of $340.0M in total equity funding and is backed by investors that include Qatar Investment Authority, Temasek Holdings, Stripes, Claridge, and CapX Partners.
Investors in the round: Claridge, Green Monday Ventures, Qatar Investment Authority, Temasek Holdings
Funding month: January
Industry: Food and Beverage, Nutrition, Organic Food
Founders: Greg Steltenpohl
Founding year: 2010
Location: Bakersfield, California, United States
Total reported equity funding: $340.0M
The TechWatch Media Group audience is driving progress and innovation on a global scale. With its regional media properties (NYC Tech, LA Tech, London Tech, Paris Tech, Boston Tech), TechWatch Media Group is the highway for technology and entrepreneurship. There are a number of options to reach this audience of the world’s most innovative organizations and startups at scale including having prominent brand placement in a high-visibility piece like this, which will be read by the vast majority of key influencers in the business community and beyond. Find out more here.
12. SambaNova Systems $250.0M
Round: Series C
Description: Palo Alto-based SambaNova Systems is a computing startup focused on building machine learning and big data analytics platforms. Founded by Kunle Olukotun and Rodrigo Liang in 2017, SambaNova Systems has now raised a total of $456.0M in total equity funding and is backed by investors that include BlackRock, GV, Intel Capital, Redline Capital, and WRVI Capital.
Investors in the round: BlackRock, GV, Intel Capital, Redline Capital, Walden International, WRVI Capital
Funding month: February
Industry: Analytics, Artificial Intelligence, Computer, Software
Founders: Christopher Re, Kunle Olukotun, Rodrigo Liang
Founding year: 2017
Location: Palo Alto, California, United States
Total reported equity funding: $456.0M
The TechWatch Media Group audience is driving progress and innovation on a global scale. With its regional media properties (NYC Tech, LA Tech, London Tech, Paris Tech, Boston Tech), TechWatch Media Group is the highway for technology and entrepreneurship. There are a number of options to reach this audience of the world’s most innovative organizations and startups at scale including having prominent brand placement in a high-visibility piece like this, which will be read by the vast majority of key influencers in the business community and beyond. Find out more here.
11. AvidXchange $260.0M
Round: Series F
Description: Charlotte-based AvidXchange provides accounts payable and on-demand invoice management solutions. Founded by Michael Praeger in 2000, AvidXchange has now raised a total of $805.0M in total equity funding and is backed by investors that include Founders Fund, MasterCard, Bain Capital Ventures, Temasek Holdings, and TPG Sixth Street Partners.
Investors in the round: Sixth Street Partners
Funding month: January
Industry: Payments, SaaS, Software
Founders: Michael Praeger
Founding year: 2000
Location: Charlotte, North Carolina, United States
Total reported equity funding: $805.0M
The TechWatch Media Group audience is driving progress and innovation on a global scale. With its regional media properties (NYC Tech, LA Tech, London Tech, Paris Tech, Boston Tech), TechWatch Media Group is the highway for technology and entrepreneurship. There are a number of options to reach this audience of the world’s most innovative organizations and startups at scale including having prominent brand placement in a high-visibility piece like this, which will be read by the vast majority of key influencers in the business community and beyond. Find out more here.
10. Berkshire Grey $263.0M
Round: Series B
Description: Lexington-based Berkshire Grey develops a materials handling system intended to automate omnichannel fulfillment. Founded by Tom Wagner in 2013, Berkshire Grey has now raised a total of $263.0M in total equity funding and is backed by investors that include SoftBank, Canaan Partners, New Enterprise Associates, and Khosla Ventures.
Investors in the round: Canaan Partners, Khosla Ventures, New Enterprise Associates, SoftBank
Funding month: January
Industry: Artificial Intelligence, Industrial Automation, Robotics, Software
Founders: Tom Wagner
Founding year: 2013
Location: Lexington, Massachusetts, United States
Total reported equity funding: $263.0M
The TechWatch Media Group audience is driving progress and innovation on a global scale. With its regional media properties (NYC Tech, LA Tech, London Tech, Paris Tech, Boston Tech), TechWatch Media Group is the highway for technology and entrepreneurship. There are a number of options to reach this audience of the world’s most innovative organizations and startups at scale including having prominent brand placement in a high-visibility piece like this, which will be read by the vast majority of key influencers in the business community and beyond. Find out more here.
9. ClassPass $285.0M
Round: Series E
Description: New York-based ClassPass is the world’s most flexible fitness and wellness membership, which gives you access to 30,000 gyms, studios, wellness partners. Founded by Mary Biggins, Payal Kadakia, and Sanjiv Sanghavi in 2013, ClassPass has now raised a total of $549.0M in total equity funding and is backed by investors that include Techstars, General Catalyst, L Catterton, WME, and BAM Ventures.
Investors in the round: Apax Digital, L Catterton, Temasek Holdings
Funding month: January
Industry: Consumer Applications, Fitness, Health Care, Subscription Service, Training, Wellness
Founders: Mary Biggins, Payal Kadakia, Sanjiv Sanghavi
Founding year: 2013
Location: New York, New York, United States
Total reported equity funding: $549.0M
The TechWatch Media Group audience is driving progress and innovation on a global scale. With its regional media properties (NYC Tech, LA Tech, London Tech, Paris Tech, Boston Tech), TechWatch Media Group is the highway for technology and entrepreneurship. There are a number of options to reach this audience of the world’s most innovative organizations and startups at scale including having prominent brand placement in a high-visibility piece like this, which will be read by the vast majority of key influencers in the business community and beyond. Find out more here.
8. Bakkt $300.0M
Round: Series B
Description: Atlanta-based Bakkt is a financial services company that focuses on digital currency that specializes in concurrency, rewards, and loyalty points. Founded by Adam White, Kelly L. Loeffler, and Mike Blandina in 2018, Bakkt has now raised a total of $482.5M in total equity funding and is backed by investors that include PayU, Pantera Capital, M12, Galaxy Digital LP, and Horizons Ventures.
Investors in the round: CityBlock Capital, CMT Digital Ventures LLC, Goldfinch Partners, IntercontinentalExchange, M12, Pantera Capital, PayU, SGH CAPITAL, The Boston Consulting Group
Funding month: March
Industry: Cryptocurrency, Digital Marketing, Loyalty Programs, Payments, Software
Founders: Adam White, Kelly L. Loeffler, Mike Blandina
Founding year: 2018
Location: Atlanta, Georgia, United States
Total reported equity funding: $482.5M
The TechWatch Media Group audience is driving progress and innovation on a global scale. With its regional media properties (NYC Tech, LA Tech, London Tech, Paris Tech, Boston Tech), TechWatch Media Group is the highway for technology and entrepreneurship. There are a number of options to reach this audience of the world’s most innovative organizations and startups at scale including having prominent brand placement in a high-visibility piece like this, which will be read by the vast majority of key influencers in the business community and beyond. Find out more here.
7. Netskope $340.0M
Round: Series G
Description: Santa Clara-based Netskope is a software company that helps organizations understand online activities, protect data, stop threats, and respond to incidents. Founded by Sanjay Beri in 2012, Netskope has now raised a total of $740.1M in total equity funding and is backed by investors that include Sequoia Capital, Lightspeed Venture Partners, Dell Technologies Capital, Sapphire Ventures, and Accel.
Investors in the round: Accel, Base Partners, Canada Pension Plan Investment Board, Geodesic Capital, ICONIQ Capital, Lightspeed Venture Partners, PSP Investments, Sapphire Ventures, Sequoia Capital, Social Capital
Funding month: February
Industry: Cloud Security, Cyber Security, Enterprise Software, SaaS, Software
Founders: Krishna Narayanaswamy, Sanjay Beri
Founding year: 2012
Location: Santa Clara, California, United States
Total reported equity funding: $740.1M
The TechWatch Media Group audience is driving progress and innovation on a global scale. With its regional media properties (NYC Tech, LA Tech, London Tech, Paris Tech, Boston Tech), TechWatch Media Group is the highway for technology and entrepreneurship. There are a number of options to reach this audience of the world’s most innovative organizations and startups at scale including having prominent brand placement in a high-visibility piece like this, which will be read by the vast majority of key influencers in the business community and beyond. Find out more here.
6. Toast $400.0M
Round: Series F
Description: Boston-based Toast is an all-in-one point-of-sale and restaurant management platform for businesses in the food service and hospitality space. Founded by Aman Narang, Jonathan Grimm, and Steve Fredette in 2011, Toast has now raised a total of $899.0M in total equity funding and is backed by investors that include Eight Roads Ventures, TPG, F-Prime Capital, Tiger Global Management, and T. Rowe Price.
Investors in the round: Alta Park Capital, LP, Bessemer Venture Partners, Counterpart Advisors, Durable Capital Partners, G Squared, Greenoaks Capital, Light Street Capital, TCV, Tiger Global Management, TPG
Funding month: February
Industry: Mobile, Point of Sale, Restaurants, SaaS, Software
Founders: Aman Narang, Jonathan Grimm, Steve Fredette
Founding year: 2011
Location: Boston, Massachusetts, United States
Total reported equity funding: $899.0M
The TechWatch Media Group audience is driving progress and innovation on a global scale. With its regional media properties (NYC Tech, LA Tech, London Tech, Paris Tech, Boston Tech), TechWatch Media Group is the highway for technology and entrepreneurship. There are a number of options to reach this audience of the world’s most innovative organizations and startups at scale including having prominent brand placement in a high-visibility piece like this, which will be read by the vast majority of key influencers in the business community and beyond. Find out more here.
5. Pony.ai $462.0M
Round: Series B
Description: Fremont-based Pony.ai is a startup that builds full-stack autonomous driving solutions. Founded by James Peng and Tiancheng Lou in 2016, Pony.ai has now raised a total of $726.0M in total equity funding and is backed by investors that include Toyota Motor Corporation, Eight Roads Ventures, Sequoia Capital, IDG Capital, and KUNLUN.
Investors in the round: KUNLUN, Sequoia Capital China, Toyota Motor Corporation
Funding month: February
Industry: Artificial Intelligence, Automotive, Autonomous Vehicles, Information Technology, Software, Transportation
Founders: James Peng, Tiancheng Lou
Founding year: 2016
Location: Fremont, California, United States
Total reported equity funding: $726.0M
The TechWatch Media Group audience is driving progress and innovation on a global scale. With its regional media properties (NYC Tech, LA Tech, London Tech, Paris Tech, Boston Tech), TechWatch Media Group is the highway for technology and entrepreneurship. There are a number of options to reach this audience of the world’s most innovative organizations and startups at scale including having prominent brand placement in a high-visibility piece like this, which will be read by the vast majority of key influencers in the business community and beyond. Find out more here.
4. Snowflake $479.0M
Round: Series G
Description: San Mateo-based Snowflake provides a data warehouse as a service designed for the cloud. Founded by Benoit Dageville, Marcin Zukowski, and Thierry Cruanes in 2012, Snowflake has now raised a total of $1.4B in total equity funding and is backed by investors that include Sequoia Capital, Salesforce Ventures, Madrona Venture Group, Dragoneer Investment Group, and Redpoint.
Investors in the round: Dragoneer Investment Group, Salesforce Ventures
Funding month: February
Industry: Analytics, Cloud Data Services, Enterprise Software, SaaS, Software
Founders: Benoit Dageville, Marcin Zukowski, Thierry Cruanes
Founding year: 2012
Location: San Mateo, California, United States
Total reported equity funding: $1.4B
The TechWatch Media Group audience is driving progress and innovation on a global scale. With its regional media properties (NYC Tech, LA Tech, London Tech, Paris Tech, Boston Tech), TechWatch Media Group is the highway for technology and entrepreneurship. There are a number of options to reach this audience of the world’s most innovative organizations and startups at scale including having prominent brand placement in a high-visibility piece like this, which will be read by the vast majority of key influencers in the business community and beyond. Find out more here.
3. Impossible Foods $500.0M
Round: Series F
Description: Redwood City-based Impossible Foods is a company developing plant-based substitutes for meat, dairy, and fish products. Founded by Monte Casino and Patrick Brown in 2011, Impossible Foods has now raised a total of $982.0M in total equity funding and is backed by investors that include Mirae Asset Global Investments, Bill Gates, Microsoft, UBS, and Khosla Ventures.
Investors in the round: Aboud Khaddam, Ahmir Khalib Thompson, Alexis Ohanian, Anton Zaslavski, Bill Gates, Horizons Ventures, Jaden Smith, Kal Penn, Katy Perry, Khosla Ventures, Kirk Cousins, Mindy Kaling, Mirae Asset Global Investments, Paul George, Philip Rosenthal, Ruby Rose Langenheim, Serena Williams, Shawn “Jay-Z” Carter, Temasek Holdings, Trevor Noah, William Adams
Funding month: March
Industry: Cooking, Food and Beverage, Food Processing, Nutrition, Organic Food
Founders: Monte Casino, Patrick Brown
Founding year: 2011
Location: Redwood City, California, United States
Total reported equity funding: $982.0M
The TechWatch Media Group audience is driving progress and innovation on a global scale. With its regional media properties (NYC Tech, LA Tech, London Tech, Paris Tech, Boston Tech), TechWatch Media Group is the highway for technology and entrepreneurship. There are a number of options to reach this audience of the world’s most innovative organizations and startups at scale including having prominent brand placement in a high-visibility piece like this, which will be read by the vast majority of key influencers in the business community and beyond. Find out more here.
2. Joby Aviation $590.0M
Round: Series C
Description: Santa Cruz-based Joby Aviation develops a new generation of electric personal aircraft created to revolutionize personal mobility. Founded by JoeBen Bevirt in 2009, Joby Aviation has now raised a total of $720.0M in total equity funding and is backed by investors that include Toyota Motor Corporation, JetBlue Technology Ventures, Capricorn Investment Group, SPARX Group, and Toyota AI Ventures.
Investors in the round: Abdul Latif Jameel, Baillie Gifford, Capricorn Investment Group, Intel Capital, JetBlue Technology Ventures, SPARX Group, Toyota AI Ventures, Toyota Motor Corporation
Funding month: January
Industry: Aerospace, Air Transportation, Manufacturing, Product Design, Transportation
Founders: JoeBen Bevirt
Founding year: 2009
Location: Santa Cruz, California, United States
Total reported equity funding: $720.0M
The TechWatch Media Group audience is driving progress and innovation on a global scale. With its regional media properties (NYC Tech, LA Tech, London Tech, Paris Tech, Boston Tech), TechWatch Media Group is the highway for technology and entrepreneurship. There are a number of options to reach this audience of the world’s most innovative organizations and startups at scale including having prominent brand placement in a high-visibility piece like this, which will be read by the vast majority of key influencers in the business community and beyond. Find out more here.
1. Waymo $2.3B
Round: Venture
Description: Mountain View-based Waymo improves transportation by developing self-driving technology developed in Google’s labs. Founded by Anthony Levandowski in 2009, Waymo has now raised a total of $2.3B in total equity funding and is backed by investors that include Andreessen Horowitz, Silver Lake Partners, Alphabet, Magna International, and Canada Pension Plan Investment Board.
Investors in the round: Alphabet, Andreessen Horowitz, AutoNation, Canada Pension Plan Investment Board, Magna International, Mubadala Capital | Ventures Europe, Mubadala Capital | Ventures US, Silver Lake Partners
Funding month: March
Industry: Automotive, Autonomous Vehicles, Robotics, Sensor, Transportation
Founders: Anthony Levandowski
Founding year: 2009
Location: Mountain View, California, United States
Total reported equity funding: $2.3B
The TechWatch Media Group audience is driving progress and innovation on a global scale. With its regional media properties (NYC Tech, LA Tech, London Tech, Paris Tech, Boston Tech), TechWatch Media Group is the highway for technology and entrepreneurship. There are a number of options to reach this audience of the world’s most innovative organizations and startups at scale including having prominent brand placement in a high-visibility piece like this, which will be read by the vast majority of key influencers in the business community and beyond. Find out more here.
