These 16 Startups Raised the Largest US Funding Rounds of Q1 2023 – AlleyWatch (2024)

Armed with some data from our friends at CrunchBase, I broke down the largest US startup funding rounds from Q1 2023. I have included some additional information such as industry, company description, round type, founders, and total equity funding raised to further the analysis.

The days of DIY APIs are done and gone – get on the GraphQL edge. Join Hasura at The Clancy in San Francisco on Thursday, May 4 to learn about the remarkable development and data access advantages of GraphQL. Our curated lineup of speakers and partners from AWS, Snowflake, and Yugabyte will share how data plus APIs power the modern enterprise. Use code AW100 to claim your complimentary ticket ($99 value) today. REGISTER NOW FOR FREE WITH CODE AW100

These 16 Startups Raised the Largest US Funding Rounds of Q1 2023 – AlleyWatch (1)

16. Metagenomi $100.0M

Round: Series B
Description: Emeryville-based Metagenomi uses metagenomics and machine learning to discover novel genome editing systems for therapeutics development. Founded by Brian Thomas and Jillian Banfield in 2018, Metagenomi has now raised a total of $456.4M in total equity funding and is backed by Moderna Therapeutics, Bayer, Ionis Pharmaceuticals, Bristol Myers Squibb, and RA Capital Management.
Investors in the round: Catalio Capital Management, Leaps by Bayer, Moderna, Novo Holdings, SymBiosis LLC
Industry: Artificial Intelligence, Biotechnology, Machine Learning, Therapeutics
Founders: Brian Thomas, Jillian Banfield
Founding year: 2018
Total equity funding raised: $456.4M

The days of DIY APIs are done and gone – get on the GraphQL edge. Join Hasura at The Clancy in San Francisco on Thursday, May 4 to learn about the remarkable development and data access advantages of GraphQL. Our curated lineup of speakers and partners from AWS, Snowflake, and Yugabyte will share how data plus APIs power the modern enterprise. Use code AW100 to claim your complimentary ticket ($99 value) today. REGISTER NOW FOR FREE WITH CODE AW100

These 16 Startups Raised the Largest US Funding Rounds of Q1 2023 – AlleyWatch (2)

16. Carbon Health $100.0M

Round: Series D
Description: San Francisco-based Carbon Health is a tech-enabled healthcare company that delivers a virtual care experience. Founded by Caesar Djavaherian, Eren Bali, Greg Burrell, Pablo Stanley, and Tom Berry in 2015, Carbon Health has now raised a total of $622.5M in total equity funding and is backed by 500 Global, Fifth Wall, BlackRock, Two Sigma Ventures, and Flatiron Health.
Investors in the round: CVS Health Ventures
Industry: Electronic Health Record (EHR), Health Care, Medical, mHealth, Mobile Apps
Founders: Caesar Djavaherian, Eren Bali, Greg Burrell, Pablo Stanley, Tom Berry
Founding year: 2015
Total equity funding raised: $622.5M

The days of DIY APIs are done and gone – get on the GraphQL edge. Join Hasura at The Clancy in San Francisco on Thursday, May 4 to learn about the remarkable development and data access advantages of GraphQL. Our curated lineup of speakers and partners from AWS, Snowflake, and Yugabyte will share how data plus APIs power the modern enterprise. Use code AW100 to claim your complimentary ticket ($99 value) today. REGISTER NOW FOR FREE WITH CODE AW100

These 16 Startups Raised the Largest US Funding Rounds of Q1 2023 – AlleyWatch (3)

16. Mill $100.0M

Round: Venture
Description: San Bruno-based Mill offers a kitchen bin that dries, shrinks, and de-stinks leftover food, eliminating food waste. Founded by Harry Tannenbaum and Matthew Rogers in 2020, Mill has now raised a total of $100.0M in total equity funding and is backed by GV, Lowercarbon Capital, Energy Impact Partners, Breakthrough Energy Ventures, and Prelude Ventures.
Investors in the round: Breakthrough Energy Ventures, Buckhill Capital LP, Energy Impact Partners, Google Ventures, Lowercarbon Capital, Prelude Ventures
Industry: CleanTech, Recycling, Sustainability, Waste Management
Founders:
Founding year: 2020
Total equity funding raised: $100.0M

The days of DIY APIs are done and gone – get on the GraphQL edge. Join Hasura at The Clancy in San Francisco on Thursday, May 4 to learn about the remarkable development and data access advantages of GraphQL. Our curated lineup of speakers and partners from AWS, Snowflake, and Yugabyte will share how data plus APIs power the modern enterprise. Use code AW100 to claim your complimentary ticket ($99 value) today. REGISTER NOW FOR FREE WITH CODE AW100

These 16 Startups Raised the Largest US Funding Rounds of Q1 2023 – AlleyWatch (4)

16. LeafLink $100.0M

Round: Series D
Description: New York-based LeafLink is a wholesale management platform that connects cannabis brands and retailers. Founded by Ryan Smith and Zach Silverman in 2016, LeafLink has now raised a total of $229.0M in total equity funding and is backed by RIV Capital, Lerer Hippeau, Thrive Capital, CPMG, and Founders Fund.
Investors in the round: CPMG, L2 Ventures, Nosara Capital
Industry: B2B, Cannabis, Marketplace, SaaS, Wholesale
Founders: Ryan Smith, Zach Silverman
Founding year: 2016
Total equity funding raised: $229.0M

These 16 Startups Raised the Largest US Funding Rounds of Q1 2023 – AlleyWatch (5)
The days of DIY APIs are done and gone – get on the GraphQL edge. Join Hasura at The Clancy in San Francisco on Thursday, May 4 to learn about the remarkable development and data access advantages of GraphQL. Our curated lineup of speakers and partners from AWS, Snowflake, and Yugabyte will share how data plus APIs power the modern enterprise. Use code AW100 to claim your complimentary ticket ($99 value) today. REGISTER NOW FOR FREE WITH CODE AW100

These 16 Startups Raised the Largest US Funding Rounds of Q1 2023 – AlleyWatch (6)

16. Vytalize Health $100.0M

Round: Series C
Description: Hoboken-based Vytalize Health provides ACO solutions to help doctors accelerate the transition to value-based care. Founded by Amer Alnajar, Faris Ghawi, Hasan Bayat, and Omar Elrabie in 2014, Vytalize Health has now raised a total of $169.5M in total equity funding and is backed by Monroe Capital, Dreamit Ventures, Enhanced Healthcare Partners, KittyHawk Ventures, and North Coast Ventures.
Investors in the round: Enhanced Healthcare Partners, Monroe Capital, North Coast Ventures
Industry: Health Care, mHealth, Productivity Tools, Wellness
Founders: Amer Alnajar, Faris Ghawi, Hasan Bayat, Omar Elrabie
Founding year: 2014
Total equity funding raised: $169.5M

The days of DIY APIs are done and gone – get on the GraphQL edge. Join Hasura at The Clancy in San Francisco on Thursday, May 4 to learn about the remarkable development and data access advantages of GraphQL. Our curated lineup of speakers and partners from AWS, Snowflake, and Yugabyte will share how data plus APIs power the modern enterprise. Use code AW100 to claim your complimentary ticket ($99 value) today. REGISTER NOW FOR FREE WITH CODE AW100

These 16 Startups Raised the Largest US Funding Rounds of Q1 2023 – AlleyWatch (7)

16. Humane $100.0M

Round: Series C
Description: San Francisco-based Humane is a platform that creates and sells consumer hardware, software, and services. Founded by Bethany Bongiorno and Imran Chaudhri in 2017, Humane has now raised a total of $230.0M in total equity funding and is backed by Microsoft, Tiger Global Management, Lachy Groom, Qualcomm Ventures, and Top Tier Capital Partners.
Investors in the round: Forerunner Ventures, HICO, Hudson Bay Capital Management, Kindred Ventures, Lachy Groom, LG Technology Ventures, Microsoft, Qualcomm Ventures, Sam Altman, Socium Ventures, Tiger Global Management, Top Tier Capital Partners, Valia Ventures, Volvo Cars Tech Fund
Industry: Consumer Electronics, Electronics, Hardware, Software
Founders: Bethany Bongiorno, Imran Chaudhri
Founding year: 2017
Total equity funding raised: $230.0M

The days of DIY APIs are done and gone – get on the GraphQL edge. Join Hasura at The Clancy in San Francisco on Thursday, May 4 to learn about the remarkable development and data access advantages of GraphQL. Our curated lineup of speakers and partners from AWS, Snowflake, and Yugabyte will share how data plus APIs power the modern enterprise. Use code AW100 to claim your complimentary ticket ($99 value) today. REGISTER NOW FOR FREE WITH CODE AW100

These 16 Startups Raised the Largest US Funding Rounds of Q1 2023 – AlleyWatch (8)

15. R-Zero $105.0M

Round: Series C
Description: Salt Lake City-based R-Zero is a biosafety technology company dedicated to making shared indoor environments safer, healthier, and more productive. Founded by Benjamin Boyer, Eli Harris, and Grant Morgan in 2020, R-Zero has now raised a total of $170.0M in total equity funding and is backed by Mayo Clinic, SOSV, HAX, Caisse de Depot et Placement du Quebec, and Qualcomm Ventures.
Investors in the round: Bedrock Capital, BMO Capital Markets, Caisse de Depot et Placement du Quebec, DBL Partners, John Doerr, Mayo Clinic, Qualcomm Ventures, SOSV, Upfront Ventures, World Innovation Lab (WiL)
Industry: Hardware, Internet of Things, Smart Building, Software, Sustainability
Founders: Benjamin Boyer, Eli Harris, Grant Morgan
Founding year: 2020
Total equity funding raised: $170.0M

The days of DIY APIs are done and gone – get on the GraphQL edge. Join Hasura at The Clancy in San Francisco on Thursday, May 4 to learn about the remarkable development and data access advantages of GraphQL. Our curated lineup of speakers and partners from AWS, Snowflake, and Yugabyte will share how data plus APIs power the modern enterprise. Use code AW100 to claim your complimentary ticket ($99 value) today. REGISTER NOW FOR FREE WITH CODE AW100

These 16 Startups Raised the Largest US Funding Rounds of Q1 2023 – AlleyWatch (9)

14. Via $110.0M

Round: Venture
Description: New York-based Via is a transport company that offers public mobility solutions for transit agencies, school districts, cities, and corporations. Founded by Daniel Ramot and Oren Shoval in 2012, Via has now raised a total of $887.1M in total equity funding and is backed by BlackRock, Mercedes-Benz Group AG, Kapor Capital, Macquarie Capital, and 83North.
Investors in the round: 83North, Common Fund, EXOR N.V., ION Crossover Partners, Janus Henderson Investors, Pitango VC, Planven Entrepreneur Ventures, RiverPark Ventures
Industry: Logistics, Mobile Apps, Real Time, Ride Sharing, Transportation
Founders: Daniel Ramot, Oren Shoval
Founding year: 2012
Total equity funding raised: $887.1M

These 16 Startups Raised the Largest US Funding Rounds of Q1 2023 – AlleyWatch (10)
The days of DIY APIs are done and gone – get on the GraphQL edge. Join Hasura at The Clancy in San Francisco on Thursday, May 4 to learn about the remarkable development and data access advantages of GraphQL. Our curated lineup of speakers and partners from AWS, Snowflake, and Yugabyte will share how data plus APIs power the modern enterprise. Use code AW100 to claim your complimentary ticket ($99 value) today. REGISTER NOW FOR FREE WITH CODE AW100

These 16 Startups Raised the Largest US Funding Rounds of Q1 2023 – AlleyWatch (11)

13. Chronosphere $115.0M

Round: Series C
Description: New York-based Chronosphere develops a scalable, reliable, and customizable monitoring solution built for cloud-native applications. Founded by Martin Mao and Rob Skillington in 2019, Chronosphere has now raised a total of $342.5M in total equity funding and is backed by GV, Founders Fund, Lux Capital, General Atlantic, and Spark Capital.
Investors in the round: Addition, Founders Fund, General Atlantic, Geodesic Capital, Glynn Capital Management, Google Ventures, Greylock, Lux Capital
Industry: Analytics, Cloud Infrastructure, Information Technology, Productivity Tools, SaaS
Founders: Martin Mao, Rob Skillington
Founding year: 2019
Total equity funding raised: $342.5M

The days of DIY APIs are done and gone – get on the GraphQL edge. Join Hasura at The Clancy in San Francisco on Thursday, May 4 to learn about the remarkable development and data access advantages of GraphQL. Our curated lineup of speakers and partners from AWS, Snowflake, and Yugabyte will share how data plus APIs power the modern enterprise. Use code AW100 to claim your complimentary ticket ($99 value) today. REGISTER NOW FOR FREE WITH CODE AW100

These 16 Startups Raised the Largest US Funding Rounds of Q1 2023 – AlleyWatch (12)

12. Boston Metal $120.0M

Round: Series C
Description: Woburn-based Boston Metal is a metallurgy company developing technology to reduce the carbon footprint of steel production. Founded by Antoine Allanore, Donald Sadoway, and Jim Yurko in 2012, Boston Metal has now raised a total of $190.0M in total equity funding and is backed by SiteGround Capital, ArcelorMittal, National Science Foundation, Vale, and Energy Impact Partners.
Investors in the round: ArcelorMittal, Microsoft Climate Innovation Fund, SiteGround Capital
Industry: Building Material, CleanTech, Manufacturing, Mechanical Engineering
Founders: Antoine Allanore, Donald Sadoway, Jim Yurko
Founding year: 2012
Total equity funding raised: $190.0M

The days of DIY APIs are done and gone – get on the GraphQL edge. Join Hasura at The Clancy in San Francisco on Thursday, May 4 to learn about the remarkable development and data access advantages of GraphQL. Our curated lineup of speakers and partners from AWS, Snowflake, and Yugabyte will share how data plus APIs power the modern enterprise. Use code AW100 to claim your complimentary ticket ($99 value) today. REGISTER NOW FOR FREE WITH CODE AW100

These 16 Startups Raised the Largest US Funding Rounds of Q1 2023 – AlleyWatch (13)

12. SOCi $120.0M

Round: Venture
Description: San Diego-based SOCi is a marketing platform for multi-location brands. Founded by Afif Khoury, Alo Sarv, and Tony Rindsberg in 2012, SOCi has now raised a total of $235.5M in total equity funding and is backed by Stanford University, JMI Equity, Vertical Venture Partners, Ankona Capital Partners, and GrowthX.
Investors in the round: Blossom Street Ventures, JMI Equity, Renew Group, Vertical Venture Partners
Industry: Advertising, Food and Beverage, Marketing, Professional Services, Real Estate, Retail, Software
Founders: Afif Khoury, Alo Sarv, Tony Rindsberg
Founding year: 2012
Total equity funding raised: $235.5M

The days of DIY APIs are done and gone – get on the GraphQL edge. Join Hasura at The Clancy in San Francisco on Thursday, May 4 to learn about the remarkable development and data access advantages of GraphQL. Our curated lineup of speakers and partners from AWS, Snowflake, and Yugabyte will share how data plus APIs power the modern enterprise. Use code AW100 to claim your complimentary ticket ($99 value) today. REGISTER NOW FOR FREE WITH CODE AW100

These 16 Startups Raised the Largest US Funding Rounds of Q1 2023 – AlleyWatch (14)

11. Juniper Square $133.0M

Round: Venture
Description: San Francisco-based Juniper Square operates an investment management platform for commercial real estate, private equity, and venture capital companies. Founded by Adam Ginsburg, Alex Robinson, and Yonas Fisseha in 2014, Juniper Square has now raised a total of $241.0M in total equity funding and is backed by Precursor Ventures, Fifth Wall, Owl Rock Capital, Ribbit Capital, and Felicis.
Investors in the round: Felicis, Fifth Wall, Owl Rock Capital, Pappy Capital, Redpoint, Ribbit Capital
Industry: Asset Management, Financial Services, FinTech, Venture Capital
Founders: Adam Ginsburg, Alex Robinson, Yonas Fisseha
Founding year: 2014
Total equity funding raised: $241.0M

These 16 Startups Raised the Largest US Funding Rounds of Q1 2023 – AlleyWatch (15)
The days of DIY APIs are done and gone – get on the GraphQL edge. Join Hasura at The Clancy in San Francisco on Thursday, May 4 to learn about the remarkable development and data access advantages of GraphQL. Our curated lineup of speakers and partners from AWS, Snowflake, and Yugabyte will share how data plus APIs power the modern enterprise. Use code AW100 to claim your complimentary ticket ($99 value) today. REGISTER NOW FOR FREE WITH CODE AW100

These 16 Startups Raised the Largest US Funding Rounds of Q1 2023 – AlleyWatch (16)

10. Amogy $139.2M

Round: Series B
Description: Brooklyn-based Amogy offers an innovative clean energy system using ammonia as a renewable fuel. Founded by Hyunho Kim, Jongwon Choi, Seonghoon Woo, and Young Suk Jo in 2020, Amogy has now raised a total of $208.3M in total equity funding and is backed by Yanmar Ventures, Amazon, DCVC, Temasek Holdings, and Newlab.
Investors in the round: AP Ventures, Aramco Ventures, DCVC, Korea Zinc, MOL PLUS, SK Innovation, Temasek Holdings, Yanmar Ventures, Zeon Ventures
Industry: Clean Energy, CleanTech, Energy, Renewable Energy, Sustainability
Founders: Hyunho Kim, Jongwon Choi, Seonghoon Woo, Young Suk Jo
Founding year: 2020
Total equity funding raised: $208.3M

The days of DIY APIs are done and gone – get on the GraphQL edge. Join Hasura at The Clancy in San Francisco on Thursday, May 4 to learn about the remarkable development and data access advantages of GraphQL. Our curated lineup of speakers and partners from AWS, Snowflake, and Yugabyte will share how data plus APIs power the modern enterprise. Use code AW100 to claim your complimentary ticket ($99 value) today. REGISTER NOW FOR FREE WITH CODE AW100

These 16 Startups Raised the Largest US Funding Rounds of Q1 2023 – AlleyWatch (17)

9. Character.ai $150.0M

Round: Series A
Description: Menlo Park-based Character.ai provides open-ended conversational applications that let users create characters and converse with them. Founded by Noam ShazeerView Noam Shazeer’s profile in 2021, Character.ai has now raised a total of $150.0M in total equity funding and is backed by Andreessen Horowitz, Elad Gil, SVA, A.Capital Ventures, and Paul Buchheit.
Investors in the round: A.Capital Ventures, Andreessen Horowitz, Elad Gil, Nat Friedman, SVA
Industry: Artificial Intelligence, Information Technology, Software
Founders: Daniel De Freitas, Noam Shazeer
Founding year: 2021
Total equity funding raised: $150.0M

The days of DIY APIs are done and gone – get on the GraphQL edge. Join Hasura at The Clancy in San Francisco on Thursday, May 4 to learn about the remarkable development and data access advantages of GraphQL. Our curated lineup of speakers and partners from AWS, Snowflake, and Yugabyte will share how data plus APIs power the modern enterprise. Use code AW100 to claim your complimentary ticket ($99 value) today. REGISTER NOW FOR FREE WITH CODE AW100

These 16 Startups Raised the Largest US Funding Rounds of Q1 2023 – AlleyWatch (18)

8. Asimov $175.0M

Round: Series B
Description: Boston-based Asimov employs artificial intelligence to develop tools for the design and manufacture of next-generation therapeutics. Founded by Alec Nielsen, Christopher Voigt, Douglas Densmore, and Raja Srinivas in 2017, Asimov has now raised a total of $205.0M in total equity funding and is backed by Andreessen Horowitz, Fidelity Management and Research Company, Horizons Ventures, AME Cloud Ventures, and Pillar VC.
Investors in the round: Andreessen Horowitz, Canada Pension Plan Investment Board, Casdin Capital, Fidelity Management and Research Company, Horizons Ventures, KdT Ventures, Pillar VC
Industry: Artificial Intelligence, Biotechnology, Software, Therapeutics
Founders: Alec Nielsen, Christopher Voigt, Douglas Densmore, Raja Srinivas
Founding year: 2017
Total equity funding raised: $205.0M

The days of DIY APIs are done and gone – get on the GraphQL edge. Join Hasura at The Clancy in San Francisco on Thursday, May 4 to learn about the remarkable development and data access advantages of GraphQL. Our curated lineup of speakers and partners from AWS, Snowflake, and Yugabyte will share how data plus APIs power the modern enterprise. Use code AW100 to claim your complimentary ticket ($99 value) today. REGISTER NOW FOR FREE WITH CODE AW100

These 16 Startups Raised the Largest US Funding Rounds of Q1 2023 – AlleyWatch (19)

7. Deepwatch $180.0M

Round: Series C
Description: Tampa-based Deepwatch secures the digital economy by protecting enterprise networks via its cloud security platform. Founded by Justin Morehouse in 2019, Deepwatch has now raised a total of $256.0M in total equity funding and is backed by Springcoast Capital Partners, Goldman Sachs, Vista Credit Partners, ABS Capital Partners, and Splunk Ventures.
Investors in the round: Splunk Ventures, Springcoast Capital Partners, Vista Credit Partners
Industry: Cloud Security, Cyber Security, Information Technology
Founders: Justin Morehouse
Founding year: 2019
Total equity funding raised: $256.0M

These 16 Startups Raised the Largest US Funding Rounds of Q1 2023 – AlleyWatch (20)
The days of DIY APIs are done and gone – get on the GraphQL edge. Join Hasura at The Clancy in San Francisco on Thursday, May 4 to learn about the remarkable development and data access advantages of GraphQL. Our curated lineup of speakers and partners from AWS, Snowflake, and Yugabyte will share how data plus APIs power the modern enterprise. Use code AW100 to claim your complimentary ticket ($99 value) today. REGISTER NOW FOR FREE WITH CODE AW100

These 16 Startups Raised the Largest US Funding Rounds of Q1 2023 – AlleyWatch (21)

6. ShiftMed $200.0M

Round: Venture
Description: Mclean-based ShiftMed is a nursing jobs app that delivers an on-demand workforce marketplace for credentialed nursing professionals. Founded by Todd Walrath in 2019, ShiftMed has now raised a total of $245.0M in total equity funding and is backed by Blue Heron Capital, Panoramic Ventures, Motley Fool Ventures, Audacious Capital, and Q Holdings Inc.
Investors in the round: Audacious Capital, Blue Heron Capital, Panoramic Ventures, Q Holdings Inc
Industry: Apps, Health Care, Hospital, Marketplace, Nursing and Residential Care
Founders: Todd Walrath
Founding year: 2019
Total equity funding raised: $245.0M

The days of DIY APIs are done and gone – get on the GraphQL edge. Join Hasura at The Clancy in San Francisco on Thursday, May 4 to learn about the remarkable development and data access advantages of GraphQL. Our curated lineup of speakers and partners from AWS, Snowflake, and Yugabyte will share how data plus APIs power the modern enterprise. Use code AW100 to claim your complimentary ticket ($99 value) today. REGISTER NOW FOR FREE WITH CODE AW100

These 16 Startups Raised the Largest US Funding Rounds of Q1 2023 – AlleyWatch (22)

5. Paradigm $203.0M

Round: Series A
Description: New York-based Paradigm is rebuilding the clinical research ecosystem. Founded by Milind Kamkolkar in 2022, Paradigm has now raised a total of $203.0M in total equity funding and is backed by General Catalyst, GV, ARCH Venture Partners, Mubadala Capital Ventures, and F-Prime Capital.
Investors in the round: ARCH Venture Partners, BrightEdge Fund, F-Prime Capital, General Catalyst, Google Ventures, Lux Capital, Magnetic Ventures, Mubadala Capital Ventures
Industry: Health Care, Health Diagnostics, Hospital, Life Science
Founders:
Founding year: 1993
Total equity funding raised: $203.0M

The days of DIY APIs are done and gone – get on the GraphQL edge. Join Hasura at The Clancy in San Francisco on Thursday, May 4 to learn about the remarkable development and data access advantages of GraphQL. Our curated lineup of speakers and partners from AWS, Snowflake, and Yugabyte will share how data plus APIs power the modern enterprise. Use code AW100 to claim your complimentary ticket ($99 value) today. REGISTER NOW FOR FREE WITH CODE AW100

These 16 Startups Raised the Largest US Funding Rounds of Q1 2023 – AlleyWatch (23)

4. Skydio $230.0M

Round: Series E
Description: Redwood City-based Skydio uses artificial intelligence to create flying drones that are used by consumer, enterprise, and government customers. Founded by Abraham Bachrach, Adam Bry, and Matt Donahoe in 2014, Skydio has now raised a total of $570.0M in total equity funding and is backed by NVIDIA, Hercules Capital, Andreessen Horowitz, Axon, and Accel.
Investors in the round: Andreessen Horowitz, Axon, DoCoMo Capital, Hercules Capital, IVP, Linse Capital, Next47, NVIDIA, UP Partners, Walton Family Foundation
Industry: Artificial Intelligence, Drone Management, Drones, Machine Learning, Robotics
Founders: Abraham Bachrach, Adam Bry, Matt Donahoe
Founding year: 2014
Total equity funding raised: $570.0M

The days of DIY APIs are done and gone – get on the GraphQL edge. Join Hasura at The Clancy in San Francisco on Thursday, May 4 to learn about the remarkable development and data access advantages of GraphQL. Our curated lineup of speakers and partners from AWS, Snowflake, and Yugabyte will share how data plus APIs power the modern enterprise. Use code AW100 to claim your complimentary ticket ($99 value) today. REGISTER NOW FOR FREE WITH CODE AW100

These 16 Startups Raised the Largest US Funding Rounds of Q1 2023 – AlleyWatch (24)

3. Our Next Energy $300.0M

Round: Series B
Description: Novi-based Our Next Energy is a developer of energy storage technology to expand access to sustainable power. Founded by Mujeeb Ijaz in 2020, Our Next Energy has now raised a total of $390.0M in total equity funding and is backed by Flex, Temasek Holdings, Fifth Wall, Coatue, and Volta Energy Technologies.
Investors in the round: AI Capital, Coatue, Fifth Wall, Franklin Templeton, Riverstone Holdings, Sente Ventures, Temasek Holdings, TR.PE
Industry: Battery, Electronics, Energy, Energy Storage, Renewable Energy
Founders: Mujeeb Ijaz
Founding year: 2020
Total equity funding raised: $390.0M

These 16 Startups Raised the Largest US Funding Rounds of Q1 2023 – AlleyWatch (25)
The days of DIY APIs are done and gone – get on the GraphQL edge. Join Hasura at The Clancy in San Francisco on Thursday, May 4 to learn about the remarkable development and data access advantages of GraphQL. Our curated lineup of speakers and partners from AWS, Snowflake, and Yugabyte will share how data plus APIs power the modern enterprise. Use code AW100 to claim your complimentary ticket ($99 value) today. REGISTER NOW FOR FREE WITH CODE AW100

These 16 Startups Raised the Largest US Funding Rounds of Q1 2023 – AlleyWatch (26)

3. Anthropic $300.0M

Round: Venture
Description: San Francisco-based Anthropic is an AI-driven research company that focuses on increasing the safety of large-scale AI systems. Founded by Daniela Amodei, Dario Amodei, Jack Clark, Sam McCandlish, and Tom Brown in 2021, Anthropic has now raised a total of $1.3B in total equity funding and is backed by Google, Spark Capital, Sam Bankman-Fried, Caroline Ellison, and Eric Schmidt.
Investors in the round: Spark Capital
Industry: Artificial Intelligence, Information Technology, Machine Learning
Founders: Daniela Amodei, Dario Amodei, Jack Clark, Sam McCandlish, Tom Brown
Founding year: 2021
Total equity funding raised: $1.3B

The days of DIY APIs are done and gone – get on the GraphQL edge. Join Hasura at The Clancy in San Francisco on Thursday, May 4 to learn about the remarkable development and data access advantages of GraphQL. Our curated lineup of speakers and partners from AWS, Snowflake, and Yugabyte will share how data plus APIs power the modern enterprise. Use code AW100 to claim your complimentary ticket ($99 value) today. REGISTER NOW FOR FREE WITH CODE AW100

These 16 Startups Raised the Largest US Funding Rounds of Q1 2023 – AlleyWatch (27)

2. Monogram Health $375.0M

Round: Series C
Description: Brentwood-based Monogram Health is a specialty provider of evidence-based in-home care and benefit management services for polychronic patients. Founded by Christopher A. Booker and Mike Uchrin in 2019, Monogram Health has now raised a total of $547.0M in total equity funding and is backed by Humana, TPG, Norwest Venture Partners, CVS Health, and Cigna Ventures.
Investors in the round: Cigna Ventures, CVS Health, Frist Cressey Ventures, Heritage Group, Humana, Memorial Hermann Hospital, Norwest Venture Partners, Pura Vida Investments, Scan, TPG
Industry: Health Care, Hospital, Wellness
Founders: Christopher A. Booker, Mike Uchrin
Founding year: 2019
Total equity funding raised: $547.0M

The days of DIY APIs are done and gone – get on the GraphQL edge. Join Hasura at The Clancy in San Francisco on Thursday, May 4 to learn about the remarkable development and data access advantages of GraphQL. Our curated lineup of speakers and partners from AWS, Snowflake, and Yugabyte will share how data plus APIs power the modern enterprise. Use code AW100 to claim your complimentary ticket ($99 value) today. REGISTER NOW FOR FREE WITH CODE AW100

These 16 Startups Raised the Largest US Funding Rounds of Q1 2023 – AlleyWatch (28)

1. SandboxAQ $500.0M

Round: Venture
Description: Palo Alto-based SandboxAQ is an enterprise SaaS company that provides AI and quantum computing solutions. Founded by Jack D. Hidary in 2016, SandboxAQ has now raised a total of $500.0M in total equity funding and is backed by Breyer Capital, Section 32, T. Rowe Price, Avant Global, and Time Ventures.
Investors in the round: Breyer Capital, Eric Schmidt, T. Rowe Price, Time Ventures
Industry: Artificial Intelligence, Cyber Security, Information Technology, Quantum Computing, SaaS
Founders: Jack D. Hidary
Founding year: 2016
Total equity funding raised: $500.0M

The days of DIY APIs are done and gone – get on the GraphQL edge. Join Hasura at The Clancy in San Francisco on Thursday, May 4 to learn about the remarkable development and data access advantages of GraphQL. Our curated lineup of speakers and partners from AWS, Snowflake, and Yugabyte will share how data plus APIs power the modern enterprise. Use code AW100 to claim your complimentary ticket ($99 value) today. REGISTER NOW FOR FREE WITH CODE AW100

These 16 Startups Raised the Largest US Funding Rounds of Q1 2023 – AlleyWatch (29)

1. Rippling $500.0M

Round: Series E
Description: San Francisco-based Rippling is a human resource management company that offers an all-in-one platform to help manage HR and IT operations. Founded by Parker Conrad and Prasanna Sankar in 2016, Rippling has now raised a total of $1.2B in total equity funding and is backed by Sequoia Capital, Y Combinator, Kleiner Perkins, Social Capital, and UpHonest Capital.
Investors in the round: Greenoaks
Industry: Employment, Human Resources, Information Technology, IT Management, Productivity Tools
Founders: Parker Conrad, Prasanna Sankar
Founding year: 2016
Total equity funding raised: $1.2B

These 16 Startups Raised the Largest US Funding Rounds of Q1 2023 – AlleyWatch (30)The days of DIY APIs are done and gone – get on the GraphQL edge. Join Hasura at The Clancy in San Francisco on Thursday, May 4 to learn about the remarkable development and data access advantages of GraphQL. Our curated lineup of speakers and partners from AWS, Snowflake, and Yugabyte will share how data plus APIs power the modern enterprise. Use code AW100 to claim your complimentary ticket ($99 value) today.

Tags: 83NorthA. Capital VenturesAbraham BachrachAdam BryAdam GinsburgAdditionAfif KhouryAI CapitalAlec NielsenAlex RobinsonAlo SarvAmer AlnajarAmogyAndreessen HorowitzAnthropicAntoine AllanoreAP VenturesAramco VenturesArcelorMittalARCH Venture PartnersAsimovAudacious CapitalAxonBedrock CapitalBenjamin BoyerBethany BongiornoBlossom Street VenturesBlue Heron CapitalBMO Capital MarketsBoston MetalBreakthrough Energy VenturesBreyer CapitalBrian ThomasBrightEdge FundBuckhill Capital LPCaesar DjavaherianCaisse de Depot et Placement du QuebecCanada Pension Plan Investment BoardCarbon HealthCasdin CapitalCatalio Capital ManagementCharacter.aiChristopher A. BookerChristopher VoigtChronosphereCigna VenturesCoatueCommon FundCPMGCVS HealthCVS Health VenturesDaniel De FreitasDaniel RamotDaniela AmodeiDario AmodeiDBL PartnersDCVCdeepwatchDoCoMo CapitalDonald SadowayDouglas DensmoreElad GilEli HarrisEnergy Impact PartnersEnhanced Healthcare PartnersEren BaliEric SchmidtEXOR N.V.F-Prime CapitalFaris GhawiFelicisFidelity Management and Research CompanyFifth WallForerunner VenturesFounders FundFranklin TempletonFrist Cressey VenturesGeneral AtlanticGeneral CatalystGeodesic CapitalGlynn Capital ManagementGoogle VenturesGrant MorganGreenoaksGreg BurrellGreylockHasan BayatHercules CapitalHeritage GroupHICOHorizons VenturesHudson Bay Capital ManagementHumanaHumaneHyunho KimImran ChaudhriION Crossover PartnersIVPJack ClarkJack D. HidaryJanus Henderson InvestorsJillian BanfieldJim YurkoJMI EquityJohn DoerrJongwon ChoiJuniper SquareJustin MorehouseKdT VenturesKindred VenturesKorea ZincL2 VenturesLachy GroomLeafLinkLeaps by BayerLG Technology VenturesLinse CapitalLowercarbon CapitalLux CapitalMagnetic VenturesMartin MaoMatt DonahoeMayo ClinicMemorial Hermann HospitalMetagenomiMicrosoftMicrosoft Climate Innovation FundMike UchrinMillModernaMOL PLUSMonogram HealthMonroe CapitalMubadala Capital VenturesMujeeb IjazNat FriedmanNext47Noam ShazeerNorth Coast Venturesnorwest venture partnersNosara CapitalNovo HoldingsNvidiaOmar ElrabieOren ShovalOur Next EnergyOwl Rock CapitalPablo StanleyPanoramic VenturesPappy CapitalParadigmParker ConradPillar VCPitango VCPlanven Entrepreneur VenturesPrasanna SankarPrelude VenturesPura Vida InvestmentsQ Holdings IncQualcomm VenturesR-ZeroRaja SrinivasRedpointRenew GroupRibbit CapitalRipplingRiverPark VenturesRiverstone HoldingsRob SkillingtonRyan SmithSam AltmanSam McCandlishSandboxAQScanSente VenturesSeonghoon WooShiftMedSiteGround CapitalSK InnovationSkydioSOCiSocium VenturesSOSVSpark CapitalSplunk VenturesSpringcoast Capital PartnersSVASymBiosis LLCT. Rowe PriceTemasek HoldingsTiger Global ManagementTime VenturesTodd WalrathTom BerryTom BrownTony RindsbergTop Tier Capital PartnersTPGTR.PEUP PartnersUpfront VenturesValia VenturesVertical Venture PartnersViaVista Credit PartnersVolvo Cars Tech FundVytalize HealthWalton Family FoundationWorld Innovation Lab (WiL)Yanmar VenturesYonas FissehaYoung Suk JoZach SilvermanZeon Ventures

These 16 Startups Raised the Largest US Funding Rounds of Q1 2023 – AlleyWatch (2024)

FAQs

What is the largest source of funding for startups? ›

Major Sources of Startup Funding
  • Revenue. This is probably the most common method. ...
  • Equity. This is selling shares in your new venture in exchange for money, services of value to the new business, or work for the venture, called sweat equity.
  • Debt. Loans fund many startups. ...
  • Grants.

What startup has the most funding? ›

Most Funded Startups of India
  1. One97 (Paytm) Industry: Commerce and Shopping, Financial Services – Total funding: $4.4 Billion.
  2. Ola Cabs. Industry: Transportation – Total funding: $3.8 Billion. ...
  3. OYO. Industry: Travel and Tourism – Total funding: $3.2 Billion. ...
  4. ReNew Power. ...
  5. Snapdeal. ...
  6. Swiggy. ...
  7. BYJU'S. ...
  8. BigBasket. ...

What is the largest startup in the US? ›

List
CompanyValuation (US$ billions)Valuation date
Northvolt11.75June 2021
Rippling11.25March 2023
Airtable11December 2021
Checkout.com11December 2022
47 more rows

How many rounds of funding do startups go through? ›

The initial investment—also known as seed funding—is followed by various rounds, known as Series A, B, and C. A new valuation is done at the time of each funding round. Various factors, including market size, company potential, current revenues, and management determine valuations.

What companies get the most funding? ›

According to Fundera's State of Small Business Lending Report 2020, these were the 10 industries that received the most funding from lenders in the prior 12 months:
  • Retailing Electronics.
  • Auxiliary Health Services.
  • Alcohol.
  • Creative/Marketing.
  • Physicians/Doctors Office.
  • Strategy/General Consulting.
Feb 28, 2020

What type of business gets the most funding? ›

However, here are some types of businesses that many lenders consider less risky, and are more popular for funding.
  • Automotive. ...
  • Healthcare. ...
  • Contractor Services. ...
  • Manufacturing. ...
  • 4411 Automobile Dealers. ...
  • 5617 Services to Buildings and Dwellings. ...
  • 5416 Management, Scientific, and Technical Consulting Services.
Jul 19, 2024

Why are most startups not profitable? ›

Key Takeaways. A startup is a company in the initial stages of business. Business owners say they've failed because the money ran out, being in the wrong market, a lack of research, bad partnerships, ineffective marketing, and not being an industry expert.

What is the most expensive startup? ›

According to the CB Insights unicorn list, Chinese AI and media company ByteDance is the highest-valued startup – currently private, up-and-coming company – in the world.

What is the biggest killer of startups? ›

Marketing mistakes were the biggest killers, and the biggest problem by far is lack of product-market fit. Don't invest a lot of time and resources before you are confident people want what you are offering.

What is the richest company in America? ›

Largest American companies by market capitalization
#NameM. Cap
1Apple 1AAPL$3.363 T
2Microsoft 2MSFT$3.213 T
3NVIDIA 3NVDA$2.825 T
4Alphabet (Google) 4GOOG$1.970 T
57 more rows

Which US city has the most startups? ›

San Francisco remains the undisputed leader of the global startup landscape, increasing its lead over its closest competitor, New York. The gap between their scores has grown from 2.4 to 2.8, with San Francisco's stronghold in AI startups playing a key role in its sustained dominance.

Do founders get paid during funding rounds? ›

Startup founders increase their salaries after fundraising rounds, with around $130,000 for seed to around $250,000 for Series B founders, Kruze Consulting found. CTO salaries tend to be higher at early stages, and then CEO salaries take over at later funding stages.

Is startup funding drying up? ›

Venture capital investment fell to the lowest activity in nearly five years for Q1 2024. Investors funded $76 billion in the period, their lowest since the second quarter of 2019. The number of deals also plummeted to a four-year low.

What happens after a startup gets funding? ›

Once the funding round has been completed, the company will usually have working capital for 6 to 18 months. From there, the company may either be able to move to market or may instead progress to another series of funding.

What is the best source of funding a start-up? ›

The Best Startup Funding Options by Stage
Startup stageFunding sources
Pre-seedBootstrapping Friends, family and fools Loans and Government Grants Angel investors Incubators and Accelerators
SeedVenture Capital Non-Dilutive loans Loans and Government Grants Angel investors Crowdfunding
2 more rows

What funding sources is the best for startup businesses? ›

The best way to get capital to grow your business
  • Bootstrapping. The funding source to start with is yourself. ...
  • Loans from friends and family. Sometimes friends or family members will provide loans. ...
  • Credit cards. ...
  • Crowdfunding sites. ...
  • Bank loans. ...
  • Angel investors. ...
  • Venture capital.

What are the 3 primary sources of funding for entrepreneurs? ›

The three major sources of corporate financing are retained earnings, debt capital, and equity capital.

Where does startup funding come from? ›

Often, startups will be pitching investors on future funding rounds (more on those below) during the seed round. Common sources of startup funding during the seed phase are the founder, their family and friends, close contacts, angel investors, and early venture capitalists.

Top Articles
Budget Packing and Budget Travel in Your 20s - Leah Gervais
How to Make a Full Time Income With Affiliate Marketing!
How To Fix Epson Printer Error Code 0x9e
Dairy Queen Lobby Hours
Tabc On The Fly Final Exam Answers
Pieology Nutrition Calculator Mobile
Napa Autocare Locator
Couchtuner The Office
Explore Tarot: Your Ultimate Tarot Cheat Sheet for Beginners
RuneScape guide: Capsarius soul farming made easy
30% OFF Jellycat Promo Code - September 2024 (*NEW*)
Texas (TX) Powerball - Winning Numbers & Results
Toonily The Carry
Connexus Outage Map
Jesus Calling Oct 27
Tamilrockers Movies 2023 Download
Nhl Wikia
Lakers Game Summary
Mega Personal St Louis
Plaza Bonita Sycuan Bus Schedule
Play Tetris Mind Bender
Deshuesadero El Pulpo
Craigslist Dubuque Iowa Pets
Pioneer Library Overdrive
Dashboard Unt
Grave Digger Wynncraft
Cylinder Head Bolt Torque Values
Ocala Craigslist Com
Stephanie Bowe Downey Ca
Imagetrend Elite Delaware
Sf Bay Area Craigslist Com
Capital Hall 6 Base Layout
Www Craigslist Com Shreveport Louisiana
Sinfuldeeds Vietnamese Rmt
About Us | SEIL
Emerge Ortho Kronos
Tirage Rapid Georgia
Merkantilismus – Staatslexikon
Nancy Pazelt Obituary
Colorado Parks And Wildlife Reissue List
Ukraine-Krieg - Militärexperte: "Momentum bei den Russen"
Unblocked Games Gun Games
Citymd West 146Th Urgent Care - Nyc Photos
'The Nun II' Ending Explained: Does the Immortal Valak Die This Time?
The Nikki Catsouras death - HERE the incredible photos | Horror Galore
Msatlantathickdream
Where and How to Watch Sound of Freedom | Angel Studios
King Fields Mortuary
Denys Davydov - Wikitia
Craigslist Yard Sales In Murrells Inlet
Karen Kripas Obituary
Latest Posts
Article information

Author: Manual Maggio

Last Updated:

Views: 5810

Rating: 4.9 / 5 (49 voted)

Reviews: 88% of readers found this page helpful

Author information

Name: Manual Maggio

Birthday: 1998-01-20

Address: 359 Kelvin Stream, Lake Eldonview, MT 33517-1242

Phone: +577037762465

Job: Product Hospitality Supervisor

Hobby: Gardening, Web surfing, Video gaming, Amateur radio, Flag Football, Reading, Table tennis

Introduction: My name is Manual Maggio, I am a thankful, tender, adventurous, delightful, fantastic, proud, graceful person who loves writing and wants to share my knowledge and understanding with you.