Armed with some data from our friends at CrunchBase, I broke down the largest US startup funding rounds from February 2024. I have included some additional information such as industry, company description, round type, founders, and total equity funding raised to further the analysis.
An Exclusive Program
For a very innovative community
Welcome to PropelME, an exclusive program meticulously crafted for qualified companies navigating the dynamic broadcast, media and entertainment entrepreneurial landscape. Our program offers a unique fusion of year-round online community engagement and immersive, in-person experiences during NAB Show events, creating a comprehensive support system for early-stage companies.
Immerse yourself in a supportive community where shared expertise drives innovation, providing not just networking opportunities but a deeper engagement with industry trends for forward-thinking startups and entrepreneurs.
Join us in shaping the future of entrepreneurship. It all starts at NAB Show, April 13-17, 2024 in Las Vegas.
Submit your Application
14. EigenLayer $100.0M
Round: Series BDescription: Seattle-based EigenLayer is a blockchain infrastructure startup that enables the restaking of ETH across various decentralized applications. Founded by Sreeram Kannan in 2021, EigenLayer has now raised a total of $164.4M in total equity funding and is backed by Polychain, Eclipse, dao5, Coinbase Ventures, and Wave Digital Assets.Investors in the round: a16z cryptoIndustry: Blockchain, Information Technology, Innovation ManagementFounders: Sreeram KannanFounding year: 2021Total equity funding raised: $164.4M
An Exclusive Program
For a very innovative community
Welcome to PropelME, an exclusive program meticulously crafted for qualified companies navigating the dynamic broadcast, media and entertainment entrepreneurial landscape. Our program offers a unique fusion of year-round online community engagement and immersive, in-person experiences during NAB Show events, creating a comprehensive support system for early-stage companies.
Immerse yourself in a supportive community where shared expertise drives innovation, providing not just networking opportunities but a deeper engagement with industry trends for forward-thinking startups and entrepreneurs.
Join us in shaping the future of entrepreneurship. It all starts at NAB Show, April 13-17, 2024 in Las Vegas.
Submit your Application
14. Watershed $100.0M
Round: Series CDescription: San Francisco-based Watershed serves as an enterprise climate platform utilized by companies to assess, report, and address their carbon emissions. Founded by Avi Itskovich, Christian Anderson, and Taylor Francis in 2019, Watershed has now raised a total of $239.0M in total equity funding and is backed by Sequoia Capital, Emerson Collective, Kleiner Perkins, Transition, and Neo.Investors in the round: Elad Gil, Emerson Collective, Galvanize Climate Solutions, Greenoaks, Kleiner Perkins, Neo, Sequoia CapitalIndustry: Cloud Data Services, Information Technology, Internet, SoftwareFounders: Avi Itskovich, Christian Anderson, Taylor FrancisFounding year: 2019Total equity funding raised: $239.0M
An Exclusive Program
For a very innovative community
Welcome to PropelME, an exclusive program meticulously crafted for qualified companies navigating the dynamic broadcast, media and entertainment entrepreneurial landscape. Our program offers a unique fusion of year-round online community engagement and immersive, in-person experiences during NAB Show events, creating a comprehensive support system for early-stage companies.
Immerse yourself in a supportive community where shared expertise drives innovation, providing not just networking opportunities but a deeper engagement with industry trends for forward-thinking startups and entrepreneurs.
Join us in shaping the future of entrepreneurship. It all starts at NAB Show, April 13-17, 2024 in Las Vegas.
Submit your Application
13. Recogni $102.0M
Round: Series CDescription: San Jose-based Recogni offers vision-based perception processing for autonomous driving platforms with high compute, low latency, and low power usage. Founded by Ashwini Choudhary, Eugene Feinberg, Gilles Backhus, R.K. Anand, and Valerie Chan in 2017, Recogni has now raised a total of $175.9M in total equity funding and is backed by Faurecia, Plug and Play, Celesta Capital, GreatPoint Ventures, and Continental.Investors in the round: BMW i Ventures, Celesta Capital, DNS Capital, Fluxunit – Osram Ventures, GreatPoint Ventures, Mayfield Fund, Pledge Ventures, SW Mobility, TASARU Mobility InvestmentsIndustry: Artificial Intelligence (AI), Autonomous Vehicles, Semiconductor, SoftwareFounders: Ashwini Choudhary, Eugene Feinberg, Gilles Backhus, R.K. Anand, Valerie ChanFounding year: 2017Total equity funding raised: $175.9M
An Exclusive Program
For a very innovative community
Welcome to PropelME, an exclusive program meticulously crafted for qualified companies navigating the dynamic broadcast, media and entertainment entrepreneurial landscape. Our program offers a unique fusion of year-round online community engagement and immersive, in-person experiences during NAB Show events, creating a comprehensive support system for early-stage companies.
Immerse yourself in a supportive community where shared expertise drives innovation, providing not just networking opportunities but a deeper engagement with industry trends for forward-thinking startups and entrepreneurs.
Join us in shaping the future of entrepreneurship. It all starts at NAB Show, April 13-17, 2024 in Las Vegas.
Submit your Application
13. Bugcrowd $102.0M
Round: Series EDescription: San Francisco-based Bugcrowd is a cybersecurity company that operates as a platform for crowdsourced security testing. Founded by Casey Ellis, Chris Raethke, and Sergei Belokamen in 2012, Bugcrowd has now raised a total of $180.7M in total equity funding and is backed by General Catalyst, Startmate, Industry Ventures, Costanoa Ventures, and Paladin Capital Group.Investors in the round: Costanoa Ventures, General Catalyst, Rally VenturesIndustry: Crowdsourcing, Cyber Security, Penetration Testing, SecurityFounders: Casey Ellis, Chris Raethke, Sergei BelokamenFounding year: 2012Total equity funding raised: $180.7M
An Exclusive Program
For a very innovative community
Welcome to PropelME, an exclusive program meticulously crafted for qualified companies navigating the dynamic broadcast, media and entertainment entrepreneurial landscape. Our program offers a unique fusion of year-round online community engagement and immersive, in-person experiences during NAB Show events, creating a comprehensive support system for early-stage companies.
Immerse yourself in a supportive community where shared expertise drives innovation, providing not just networking opportunities but a deeper engagement with industry trends for forward-thinking startups and entrepreneurs.
Join us in shaping the future of entrepreneurship. It all starts at NAB Show, April 13-17, 2024 in Las Vegas.
Submit your Application
12. Sierra $110.0M
Round: VentureDescription: San Francisco-based Sierra is an AI startup that tackles essential business challenges by leveraging Enterprise AI solutions. Founded by Bret Taylor and Clay Bavor in 2023, Sierra has now raised a total of $110.0M in total equity funding and is backed by Sequoia Capital, Benchmark, and Conviction Partners.Investors in the round: Benchmark, Conviction Partners, Sequoia CapitalIndustry: Artificial Intelligence (AI), Enterprise Software, SaaSFounders: Bret Taylor, Clay BavorFounding year: 2023Total equity funding raised: $110.0M
An Exclusive Program
For a very innovative community
Welcome to PropelME, an exclusive program meticulously crafted for qualified companies navigating the dynamic broadcast, media and entertainment entrepreneurial landscape. Our program offers a unique fusion of year-round online community engagement and immersive, in-person experiences during NAB Show events, creating a comprehensive support system for early-stage companies.
Immerse yourself in a supportive community where shared expertise drives innovation, providing not just networking opportunities but a deeper engagement with industry trends for forward-thinking startups and entrepreneurs.
Join us in shaping the future of entrepreneurship. It all starts at NAB Show, April 13-17, 2024 in Las Vegas.
Submit your Application
11. Magic $117.3M
Round: Series BDescription: San Francisco-based Magic is working on frontier-scale code models to build a coworker, not just a copilot. Come join us: http://magic.dev Founded by Eric Steinberger and Sebastian De Ro in 2022, Magic has now raised a total of $145.5M in total equity funding and is backed by NFDG Ventures, Nat Friedman, Sahin Boydas, 10x Founders, and CapitalG.Investors in the round: CapitalG, Elad Gil, NFDG VenturesIndustry: Artificial Intelligence (AI), Information Technology, Machine LearningFounders: Eric Steinberger, Sebastian De RoFounding year: 2022Total equity funding raised: $145.5M
An Exclusive Program
For a very innovative community
Welcome to PropelME, an exclusive program meticulously crafted for qualified companies navigating the dynamic broadcast, media and entertainment entrepreneurial landscape. Our program offers a unique fusion of year-round online community engagement and immersive, in-person experiences during NAB Show events, creating a comprehensive support system for early-stage companies.
Immerse yourself in a supportive community where shared expertise drives innovation, providing not just networking opportunities but a deeper engagement with industry trends for forward-thinking startups and entrepreneurs.
Join us in shaping the future of entrepreneurship. It all starts at NAB Show, April 13-17, 2024 in Las Vegas.
Submit your Application
10. Oishii Farm $134.0M
Round: Series BDescription: Kearny-based Oishii Farm provides indoor vertical farming technology. Founded by Brendan Somerville and Hiroki Koga in 2017, Oishii Farm has now raised a total of $184.0M in total equity funding and is backed by Japan Green Investment Corporation for Carbon Neutrality, Nymph Investments Cayman Limited, Mizuho Bank, PKSHA Technology, and NTT.Investors in the round: Bloom8, CTBC Bank, Japan Green Investment Corporation for Carbon Neutrality, McWin Partners, Mitsubishi Shokuhin, Mizuho Bank, NTT, Nymph Investments Cayman Limited, YASKAWA ElectricIndustry: Agriculture, AgTech, FarmingFounders: Brendan Somerville, Hiroki KogaFounding year: 2017Total equity funding raised: $184.0M
An Exclusive Program
For a very innovative community
Welcome to PropelME, an exclusive program meticulously crafted for qualified companies navigating the dynamic broadcast, media and entertainment entrepreneurial landscape. Our program offers a unique fusion of year-round online community engagement and immersive, in-person experiences during NAB Show events, creating a comprehensive support system for early-stage companies.
Immerse yourself in a supportive community where shared expertise drives innovation, providing not just networking opportunities but a deeper engagement with industry trends for forward-thinking startups and entrepreneurs.
Join us in shaping the future of entrepreneurship. It all starts at NAB Show, April 13-17, 2024 in Las Vegas.
Submit your Application
9. Lilac Solutions $145.0M
Round: Series CDescription: Oakland-based Lilac Solutions offers an ion exchange technology to address the challenges faced by lithium producers. Founded by Alexander Grant and David Snydacker in 2016, Lilac Solutions has now raised a total of $318.6M in total equity funding and is backed by Mercuria, Breakthrough Energy Ventures, Lowercarbon Capital, US Department of Energy, and The Nature Conservancy.Investors in the round: Aventurine Partners, BMW i Ventures, Breakthrough Energy Ventures, Engine Ventures, Green Spark Ventures, Lowercarbon Capital, Mercuria, Mitsubishi Corporation, Presidio Ventures, T. Rowe Price, The Nature ConservancyIndustry: Advanced Materials, Chemical, Energy Storage, Natural ResourcesFounders: Alexander Grant, David SnydackerFounding year: 2016Total equity funding raised: $318.6M
An Exclusive Program
For a very innovative community
Welcome to PropelME, an exclusive program meticulously crafted for qualified companies navigating the dynamic broadcast, media and entertainment entrepreneurial landscape. Our program offers a unique fusion of year-round online community engagement and immersive, in-person experiences during NAB Show events, creating a comprehensive support system for early-stage companies.
Immerse yourself in a supportive community where shared expertise drives innovation, providing not just networking opportunities but a deeper engagement with industry trends for forward-thinking startups and entrepreneurs.
Join us in shaping the future of entrepreneurship. It all starts at NAB Show, April 13-17, 2024 in Las Vegas.
Submit your Application
8. Abridge $150.0M
Round: Series CDescription: Pittsburgh-based Abridge is a medical conversation AI startup that structures and summarizes medical conversations for doctors and patients. Founded by Florian Metze, Sandeep Konam, and Shivdev Rao in 2018, Abridge has now raised a total of $207.5M in total equity funding and is backed by Mayo Clinic, Lightspeed Venture Partners, Union Square Ventures, LifePoint Health, and Bessemer Venture Partners.Investors in the round: Bessemer Venture Partners, CVS Health Ventures, IVP, Kaiser Permanente Ventures, Lightspeed Venture Partners, Mass General Brigham, Redpoint, Spark Capital, Union Square Ventures, Wittington VenturesIndustry: Artificial Intelligence (AI), Clinical Trials, Health Care, Machine Learning, MedicalFounders: Florian Metze, Sandeep Konam, Shivdev RaoFounding year: 2018Total equity funding raised: $207.5M
An Exclusive Program
For a very innovative community
Welcome to PropelME, an exclusive program meticulously crafted for qualified companies navigating the dynamic broadcast, media and entertainment entrepreneurial landscape. Our program offers a unique fusion of year-round online community engagement and immersive, in-person experiences during NAB Show events, creating a comprehensive support system for early-stage companies.
Immerse yourself in a supportive community where shared expertise drives innovation, providing not just networking opportunities but a deeper engagement with industry trends for forward-thinking startups and entrepreneurs.
Join us in shaping the future of entrepreneurship. It all starts at NAB Show, April 13-17, 2024 in Las Vegas.
Submit your Application
8. Antora Energy $150.0M
Round: Series BDescription: Sunnyvale-based Antora Energy is electrifying heavy industry with thermal energy storage for zero-carbon heat and power. Founded by Andrew Ponec, David Bierman, and Justin Briggs in 2017, Antora Energy has now raised a total of $200.0M in total equity funding and is backed by Breakthrough Energy Ventures, BlackRock, Creative Destruction Lab (CDL), Lowercarbon Capital, and The Nature Conservancy.Investors in the round: BHP Ventures, BlackRock, Breakthrough Energy Ventures, Decarbonization Partners, Emerson Collective, Grok Ventures, GS Futures, Lowercarbon Capital, NextEra Energy Resources, Overture VC, Temasek Holdings, The Nature Conservancy, Trust VenturesIndustry: Energy, Energy Storage, Renewable EnergyFounders: Andrew Ponec, David Bierman, Justin BriggsFounding year: 2017Total equity funding raised: $200.0M
An Exclusive Program
For a very innovative community
Welcome to PropelME, an exclusive program meticulously crafted for qualified companies navigating the dynamic broadcast, media and entertainment entrepreneurial landscape. Our program offers a unique fusion of year-round online community engagement and immersive, in-person experiences during NAB Show events, creating a comprehensive support system for early-stage companies.
Immerse yourself in a supportive community where shared expertise drives innovation, providing not just networking opportunities but a deeper engagement with industry trends for forward-thinking startups and entrepreneurs.
Join us in shaping the future of entrepreneurship. It all starts at NAB Show, April 13-17, 2024 in Las Vegas.
Submit your Application
7. Ascend Elements $162.0M
Round: Series DDescription: Westborough-based Ascend Elements manufactures sustainable battery materials using elements from discarded lithium-ion batteries. Founded by Diran Apelian, Eric Gratz, and Yan Wang in 2015, Ascend Elements has now raised a total of $1.1B in total equity funding and is backed by Mirae Asset, Alumni Ventures, US Department of Energy, Fifth Wall, and MassChallenge.Investors in the round: Clearvision Ventures, Irongrey, Just ClimateIndustry: Advanced Materials, Battery, Energy Storage, Manufacturing, SustainabilityFounders: Diran Apelian, Eric Gratz, Yan WangFounding year: 2015Total equity funding raised: $1.1B
An Exclusive Program
For a very innovative community
Welcome to PropelME, an exclusive program meticulously crafted for qualified companies navigating the dynamic broadcast, media and entertainment entrepreneurial landscape. Our program offers a unique fusion of year-round online community engagement and immersive, in-person experiences during NAB Show events, creating a comprehensive support system for early-stage companies.
Immerse yourself in a supportive community where shared expertise drives innovation, providing not just networking opportunities but a deeper engagement with industry trends for forward-thinking startups and entrepreneurs.
Join us in shaping the future of entrepreneurship. It all starts at NAB Show, April 13-17, 2024 in Las Vegas.
Submit your Application
6. Glean $203.2M
Round: Series DDescription: Palo Alto-based Glean is the AI-powered work assistant that connects and understands all your enterprise knowledge to bring you the answers you need. Founded by Arvind Jain, Piyush Prahladka, Tony Gentilcore, and TR Vishwanath in 2019, Glean has now raised a total of $358.2M in total equity funding and is backed by Citi, Sequoia Capital, General Catalyst, Lightspeed Venture Partners, and Kleiner Perkins.Investors in the round: Adams Street Partners, Capital One Ventures, Citi, Coatue, Databricks Ventures, General Catalyst, ICONIQ Growth, IVP, Kleiner Perkins, Latitude Capital, Lightspeed Venture Partners, Sequoia Capital, Workday VenturesIndustry: Artificial Intelligence (AI), Generative AI, Machine Learning, Productivity Tools, SaaS, Search EngineFounders: Arvind Jain, Piyush Prahladka, Tony Gentilcore, TR VishwanathFounding year: 2019Total equity funding raised: $358.2M
An Exclusive Program
For a very innovative community
Welcome to PropelME, an exclusive program meticulously crafted for qualified companies navigating the dynamic broadcast, media and entertainment entrepreneurial landscape. Our program offers a unique fusion of year-round online community engagement and immersive, in-person experiences during NAB Show events, creating a comprehensive support system for early-stage companies.
Immerse yourself in a supportive community where shared expertise drives innovation, providing not just networking opportunities but a deeper engagement with industry trends for forward-thinking startups and entrepreneurs.
Join us in shaping the future of entrepreneurship. It all starts at NAB Show, April 13-17, 2024 in Las Vegas.
Submit your Application
5. NinjaOne $231.5M
Round: Series CDescription: Austin-based NinjaOne serves as an IT platform for endpoint management that enhances productivity, minimizes risks, and lowers overall IT expenses. Founded by Christopher Matarese, Eric Herrera, and Sal Sferlazza in 2013, NinjaOne has now raised a total of $261.5M in total equity funding and is backed by Summit Partners, ICONIQ Growth, Frank Slootman, and Amit Agarwal.Investors in the round: Amit Agarwal, Frank Slootman, ICONIQ GrowthIndustry: Cyber Security, Document Management, Information Services, Software, Software EngineeringFounders: Christopher Matarese, Eric Herrera, Sal SferlazzaFounding year: 2013Total equity funding raised: $261.5M
An Exclusive Program
For a very innovative community
Welcome to PropelME, an exclusive program meticulously crafted for qualified companies navigating the dynamic broadcast, media and entertainment entrepreneurial landscape. Our program offers a unique fusion of year-round online community engagement and immersive, in-person experiences during NAB Show events, creating a comprehensive support system for early-stage companies.
Immerse yourself in a supportive community where shared expertise drives innovation, providing not just networking opportunities but a deeper engagement with industry trends for forward-thinking startups and entrepreneurs.
Join us in shaping the future of entrepreneurship. It all starts at NAB Show, April 13-17, 2024 in Las Vegas.
Submit your Application
4. Fervo Energy $244.0M
Round: Series DDescription: Houston-based Fervo Energy develops clean energy technology to generate carbon-free energy from geothermal systems. Founded by Jack Norbeck and Tim Latimer in 2017, Fervo Energy has now raised a total of $431.0M in total equity funding and is backed by Liberty Mutual Investments, Elemental Excelerator, Breakthrough Energy Ventures, Mercuria, and Congruent Ventures.Investors in the round: Capricorn Investment Group, Congruent Ventures, DCVC, Devon Energy Corporation, Elemental Excelerator, Galvanize Climate Solutions, Helmerich & Payne, Impact Science Ventures, John Arnold, Liberty Mutual Investments, Marunouchi Innovation Partners, Mercuria, Mitsubishi Heavy IndustriesIndustry: Clean Energy, CleanTech, Energy, Renewable EnergyFounders: Jack Norbeck, Tim LatimerFounding year: 2017Total equity funding raised: $431.0M
An Exclusive Program
For a very innovative community
Welcome to PropelME, an exclusive program meticulously crafted for qualified companies navigating the dynamic broadcast, media and entertainment entrepreneurial landscape. Our program offers a unique fusion of year-round online community engagement and immersive, in-person experiences during NAB Show events, creating a comprehensive support system for early-stage companies.
Immerse yourself in a supportive community where shared expertise drives innovation, providing not just networking opportunities but a deeper engagement with industry trends for forward-thinking startups and entrepreneurs.
Join us in shaping the future of entrepreneurship. It all starts at NAB Show, April 13-17, 2024 in Las Vegas.
Submit your Application
3. Koloma $245.7M
Round: Series BDescription: Denver-based Koloma is a geologic hydrogen company that leverages technology and data to identify and commercialize geologic hydrogen resources. Founded by Pete Johnson, Paul Harraka, and Tom Darrah in 2014, Koloma has now raised a total of $306.4M in total equity funding and is backed by United Airlines Ventures, US Department of Energy, Khosla Ventures, and Climate Pledge Fund.Investors in the round: Climate Pledge Fund, Khosla Ventures, United Airlines VenturesIndustry: Energy, Renewable Energy, SemiconductorFounders: Pete Johnson, Paul Harraka, Tom DarrahFounding year: 2014Total equity funding raised: $306.4M
An Exclusive Program
For a very innovative community
Welcome to PropelME, an exclusive program meticulously crafted for qualified companies navigating the dynamic broadcast, media and entertainment entrepreneurial landscape. Our program offers a unique fusion of year-round online community engagement and immersive, in-person experiences during NAB Show events, creating a comprehensive support system for early-stage companies.
Immerse yourself in a supportive community where shared expertise drives innovation, providing not just networking opportunities but a deeper engagement with industry trends for forward-thinking startups and entrepreneurs.
Join us in shaping the future of entrepreneurship. It all starts at NAB Show, April 13-17, 2024 in Las Vegas.
Submit your Application
2. Lambda $320.0M
Round: Series CDescription: San Francisco-based Lambda is a cloud-based GPU company catering to developers throughout the entire lifecycle of AI development. Founded by Michael Balaban and Stephen Balaban in 2012, Lambda has now raised a total of $422.7M in total equity funding and is backed by Razer, Gradient Ventures, B Capital, T. Rowe Price, and Silicon Valley Bank.Investors in the round: 1517 Fund, B Capital, Bloomberg Beta, Crescent Cove Advisors, Gradient Ventures, Mercato Partners, SK Telecom, T. Rowe Price, US Innovative Technology FundIndustry: Artificial Intelligence (AI), Cloud Computing, GPU, Hardware, Machine Learning, SoftwareFounders: Michael Balaban, Stephen BalabanFounding year: 2012Total equity funding raised: $422.7M
An Exclusive Program
For a very innovative community
Welcome to PropelME, an exclusive program meticulously crafted for qualified companies navigating the dynamic broadcast, media and entertainment entrepreneurial landscape. Our program offers a unique fusion of year-round online community engagement and immersive, in-person experiences during NAB Show events, creating a comprehensive support system for early-stage companies.
Immerse yourself in a supportive community where shared expertise drives innovation, providing not just networking opportunities but a deeper engagement with industry trends for forward-thinking startups and entrepreneurs.
Join us in shaping the future of entrepreneurship. It all starts at NAB Show, April 13-17, 2024 in Las Vegas.
Submit your Application
1. Figure $675.0M
Round: Series BDescription: Sunnyvale-based Figure Robotics is an AI robotics company that is building a multi-purpose humanoid form robot. Founded by Brett Adcock in 2022, Figure has now raised a total of $754.0M in total equity funding and is backed by NVIDIA, OpenAI, Microsoft, Shane Neman, and Samsung Ventures.Investors in the round: Align Ventures, Aliya Capital Partners, Amazon.com.incs Ltd, ARK Venture Fund, Bezos Expeditions, Bold Capital Partners, Boscolo Intervest, Ethos VC, Evolution VC Partners, Explore Investments, FJ Labs, Intel Capital, LG Innotek, Manhattan Venture Partners, Microsoft, NVIDIA, OpenAI, Parkway Venture Capital, Samsung Ventures, Shane Neman, Tamarack GlobalIndustry: Artificial Intelligence (AI), Machinery Manufacturing, Manufacturing, RoboticsFounders: Brett AdcockFounding year: 2022Total equity funding raised: $754.0M
An Exclusive Program
For a very innovative community
Welcome to PropelME, an exclusive program meticulously crafted for qualified companies navigating the dynamic broadcast, media and entertainment entrepreneurial landscape. Our program offers a unique fusion of year-round online community engagement and immersive, in-person experiences during NAB Show events, creating a comprehensive support system for early-stage companies.
Immerse yourself in a supportive community where shared expertise drives innovation, providing not just networking opportunities but a deeper engagement with industry trends for forward-thinking startups and entrepreneurs.
Join us in shaping the future of entrepreneurship. It all starts at NAB Show, April 13-17, 2024 in Las Vegas.