The 11 Largest NYC Tech Startup Funding Rounds of February 2026 – AlleyWatch

Armed with some data from our friends at CrunchBase, I broke down the largest NYC Startup funding rounds in New York for February 2026. This month’s analysis goes beyond the headline numbers to include detailed insights into each company’s founding team, business model, investor backing, and total funding history—providing a comprehensive view of where capital is flowing in the NYC tech ecosystem and the state of venture capital in NYC.

11. Pepper $50.0MRound: Series CDescription: Pepper provides an AI-powered eCommerce platform for food distributors and suppliers to manage customer engagement and order workflows. Founded by Bowie Cheung, Chetan Narain, and Ivana Tesanovic in 2019, Pepper has now raised a total of $100.0M in total equity funding and is backed by Gaingels, BoxGroup, Index Ventures, Greylock, and ICONIQ Growth.Investors in the round: Greylock, Harmony Partners, ICONIQ Growth, Index Ventures, Interplay, Lead Edge CapitalIndustry: Artificial Intelligence (AI), E-Commerce, Food and Beverage, WholesaleFounders: Bowie Cheung, Chetan Narain, Ivana TesanovicFounding year: 2019Total equity funding raised: $100.0M

10. Alaffia Health $55.0MRound: Series BDescription: Alaffia Health offers an AI platform that supports health plan claims operations by automating and improving clinical review workflows. Founded by Adun Akanni and TJ Ademiluyi in 2020, Alaffia Health has now raised a total of $71.6M in total equity funding and is backed by Plug and Play, FirstMark, 1984 Ventures, Tau Ventures, and Transformation Capital.Investors in the round: FirstMark, Tau Ventures, Transformation Capital, Twine VenturesIndustry: Agentic AI, Artificial Intelligence (AI), Health Care, Machine LearningFounders: Adun Akanni, TJ AdemiluyiFounding year: 2020Total equity funding raised: $71.6M

9. Osmo $70.0MRound: Series BDescription: Osmo gives computers a sense of smell to improve the health and wellbeing of human life. Founded by Alex Wiltschko and Andy Palmer in 2022, Osmo has now raised a total of $130.0M in total equity funding and is backed by Valor Equity Partners, Alumni Ventures, Bill & Melinda Gates Foundation, Lux Capital, and Collaborative Fund.Investors in the round: Alumni Ventures, Amplo, Atreides Management, Collaborative Fund, Lumina Partners, Patrick Collison, Two Sigma Ventures, Valor Equity PartnersIndustry: Electronics, Hardware, InternetFounders: Alex Wiltschko, Andy PalmerFounding year: 2022Total equity funding raised: $130.0M

8. Novig $75.0MRound: Series BDescription: Novig is a sweepstakes-based sports prediction market in which users participate in peer-to-peer wagering on sporting events. Founded by Jacob Fortinsky and Kelechi Ukah in 2021, Novig has now raised a total of $99.9M in total equity funding and is backed by Edge Equity, Gaingels, Forerunner, Y Combinator, and Lux Capital.Investors in the round: Edge Equity, Forerunner, Makers Fund, Multicoin Capital, NFX, Pantera Capital, Perceptive VenturesIndustry: Gambling, Mobile, Prediction Markets, SportsFounders: Jacob Fortinsky, Kelechi UkahFounding year: 2021Total equity funding raised: $99.9M

7. Profound $96.0MRound: Series CDescription: Profound is an AI visibility and content optimization platform that helps brands optimize their visibility in generative AI search. Founded by Dylan Babbs and James Cadwallader in 2024, Profound has now raised a total of $154.5M in total equity funding and is backed by Lightspeed Venture Partners, Sequoia Capital, Khosla Ventures, South Park Commons, and Kleiner Perkins.Investors in the round: Evantic Capital, Kleiner Perkins, Lightspeed Venture Partners, Saga Ventures, Sequoia Capital, South Park CommonsIndustry: Analytics, Artificial Intelligence (AI), Generative AI, SEOFounders: Dylan Babbs, James CadwalladerFounding year: 2024Total equity funding raised: $154.5M

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6. Basis $100.0MRound: Series BDescription: Basis provides an AI agent platform that automates accounting workflows for professionals. Founded by Matt Harpe and Mitchell Troyanovsky in 2023, Basis has now raised a total of $137.6M in total equity funding and is backed by Gautam Kedia, Accel, BoxGroup, Khosla Ventures, and Better Tomorrow Ventures.Investors in the round: Aaron Levie, Accel, Adam D’Angelo, Amjad Masad, Avid Ventures, Better Tomorrow Ventures, BoxGroup, Claire Hughes Johnson, Clem Delangue, Eric Wu, Gautam Kedia, Google Ventures, Jack Altman, Jeff Dean, Jeff Wilke, Khosla Ventures, Kris Fredrickson, Kyle Vogt, Lloyd Blankfein, NFDG Ventures, Noam Brown, Scott BelskyIndustry: Accounting, Artificial Intelligence (AI), Information TechnologyFounders: Matt Harpe, Mitchell TroyanovskyFounding year: 2023Total equity funding raised: $137.6M

5. Garner Health $118.0MRound: Series DDescription: Garner Health is a healthcare technology company that connects employers and employees with high-performing medical providers. Founded by Nick Reber in 2019, Garner Health has now raised a total of $219.3M in total equity funding and is backed by BoxGroup, Thrive Capital, Kleiner Perkins, Founders Fund, and Maverick Ventures.Investors in the round: Kaiser Permanente Ventures, Kleiner Perkins, Maverick Ventures, Mercy, Plus Capital, RedpointIndustry: Big Data, Business Intelligence, Employee Benefits, Health Care, SoftwareFounders: Nick ReberFounding year: 2019Total equity funding raised: $219.3M

4. Whop $200.0MRound: VentureDescription: Whop is a marketplace designed for entrepreneurs that facilitates the buying and selling of communities, courses, and software. Founded by Cameron Zoub, Jack Sharkey, and Steven Schwartz in 2021, Whop has now raised a total of $273.0M in total equity funding and is backed by Insight Partners, Bain Capital Ventures, A*, SignalFire, and Motley Fool Ventures.Investors in the round: Tether VenturesIndustry: E-Commerce, Internet, MarketplaceFounders: Cameron Zoub, Jack Sharkey, Steven SchwartzFounding year: 2021Total equity funding raised: $273.0M

3. Talkiatry $210.0MRound: Series DDescription: Talkiatry provides virtual mental healthcare services covered by insurance, connecting patients with licensed psychiatrists. Founded by Georgia Gaveras and Robert Krayn in 2019, Talkiatry has now raised a total of $452.0M in total equity funding and is backed by Andreessen Horowitz, Left Lane Capital, Perceptive Advisors, Blisce, and GreyMatter.Investors in the round: Andreessen Horowitz, Blisce, Left Lane Capital, Perceptive Advisors, SofinaIndustry: Health Care, Medical, Mental Health, mHealth, WellnessFounders: Georgia Gaveras, Robert KraynFounding year: 2019Total equity funding raised: $452.0M

2. Runway $315.0MRound: Series EDescription: Runway offers generative AI tools for creating images, videos, and simulations, enabling new creative workflows through AI. Founded by Alejandro Ortiz, Anastasis Germanidis, and Cristobal Barrera in 2018, Runway has now raised a total of $859.5M in total equity funding and is backed by General Atlantic, NVIDIA, Madrona, Felicis, and Coatue.Investors in the round: Adobe Ventures, AllianceBernstein, AMD Ventures, Emphatic Capital, Felicis, Fidelity, General Atlantic, Mirae Asset, NVIDIA, Premji InvestIndustry: Apps, Artificial Intelligence (AI), Foundational AI, Generative AI, Machine Learning, Software, Video EditingFounders: Alejandro Ortiz, Anastasis Germanidis, Cristobal BarreraFounding year: 2018Total equity funding raised: $859.5M

1. Vestwell $385.0MRound: Series EDescription: Vestwell is a digital savings platform that offers and manages a range of savings and retirement plans. Founded by Aaron Schumm in 2016, Vestwell has now raised a total of $623.8M in total equity funding and is backed by Blue Owl, Franklin Templeton, Lightspeed Venture Partners, Primary Venture Partners, and HarbourVest Partners.Investors in the round: Blue Owl Capital Corporation, Franklin Templeton, HarbourVest Partners, Morgan Stanley, Neuberger Berman, Silver Lake Waterman, Sixth Street Growth, TIAA VenturesIndustry: Employee Benefits, Finance, Financial Services, FinTech, RetirementFounders: Aaron SchummFounding year: 2016Total equity funding raised: $623.8MAlleyWatch’s exclusive coverage of this round: Vestwell Raises $385M to Power Modern Savings Infrastructure Across America