The 21 Largest NYC Tech Startup Funding Rounds of Q1 2026 – AlleyWatch

Armed with data from our friends at CrunchBase, I broke down the largest NYC startup funding rounds for Q1 2026. The first quarter delivered a strong signal: New York remains one of the most active venture markets in the world, with 21 companies raising $50M or more between January and March. Beyond the headline numbers, I’ve included each company’s industry, round type, founding story, and total equity funding raised to give you the full context behind the capital.

Round: Series DDescription: Eight Sleep develops connected sleep systems with temperature regulation, biometric monitoring, and adjustable bed features. Founded by Alexandra Zatarain, Andrea Ballarini, Massimo Andreasi Bassi, and Matteo Franceschetti in 2014, Eight Sleep has now raised a total of $301.1M in total equity funding and is backed by General Catalyst, Craft Ventures, HSG, Gaingels, and 8VC.Investors in the round: Founders Fund, HSG, Tether Ventures, Valor Equity Partners, Y CombinatorIndustry: Consumer Electronics, Health Care, WellnessFounders: Alexandra Zatarain, Andrea Ballarini, Massimo Andreasi Bassi, Matteo FranceschettiFounding year: 2014Total equity funding raised: $301.2M

Round: VentureDescription: Normal Computing develops semiconductor technology for AI systems. Founded by Faris Sbahi and Matthias Tan in 2022, Normal Computing has now raised a total of $84M in total equity funding and is backed by Samsung NEXT, First Spark Ventures, Celesta Capital, Drive Capital, and Galvanize.Investors in the round: ArcTern Ventures, Brevan Howard Asset Management, Celesta Capital, Drive Capital, First Spark Ventures, Galvanize, Micron Ventures, Samsung Catalyst FundIndustry: AI Infrastructure, Artificial Intelligence (AI), Generative AI, SemiconductorFounders: Faris Sbahi, Matthias TanFounding year: 2022Total equity funding raised: $84.0M

Round: Series CDescription: Pepper provides an AI-powered ecommerce platform for food distributors and suppliers. Founded by Bowie Cheung, Chetan Narain, and Ivana Tesanovic in 2019, Pepper has now raised a total of $100M in total equity funding and is backed by Gaingels, Index Ventures, BoxGroup, Greylock, and ICONIQ Growth.Investors in the round: Greylock, Harmony Partners, ICONIQ Growth, Index Ventures, Interplay, Lead Edge CapitalIndustry: Artificial Intelligence (AI), E-Commerce, WholesaleFounders: Bowie Cheung, Chetan Narain, Ivana TesanovicFounding year: 2019Total equity funding raised: $100.0M

Round: Series BDescription: Alaffia Health provides an AI platform for automating clinical review workflows in health plan claims operations. 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, Hustle Fund, Transformation Capital, and Anthemis.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

Round: Series BDescription: Crosby provides AI-powered legal software for contract review and negotiation. Founded by John Sarihan and Ryan Daniels in 2024, Crosby has now raised a total of $85.8M in total equity funding and is backed by Sequoia Capital, Index Ventures, Bain Capital Ventures, Lux Capital, and 01 Advisors.Investors in the round: 01 Advisors, Bain Capital Ventures, Elad Gil, Index Ventures, Lux Capital, Sequoia CapitalIndustry: Artificial Intelligence (AI), Business Process Automation (BPA), Legal, Legal Tech, SoftwareFounders: John Sarihan, Ryan DanielsFounding year: 2024Total equity funding raised: $85.8M

Round: Series ADescription: Cubby Storage provides software for self-storage owners and operators. Founded by Adam Fleming and Matthew Engfer in 2021, Cubby Storage has now raised a total of $63M in total equity funding and is backed by Goldman Sachs Alternatives, Third Prime, and Bienville Capital.Investors in the round: Bienville Capital, Goldman Sachs Alternatives, Third PrimeIndustry: Commercial Real Estate, Real Estate, Self-StorageFounders: Adam Fleming, Matthew EngferFounding year: 2021Total equity funding raised: $63.0MAlleyWatch’s exclusive coverage of this round: Cubby Raises $63M to be the Operational Backbone for Modern Self-Storage

17. Sage $65.0M

Round: Series CDescription: Sage provides operations management software for senior living communities. Founded by Ellen Johnston, Matthew Lynch, and Raj Mehra in 2020, Sage has now raised a total of $124M in total equity funding and is backed by IVP, Maveron, Friends & Family Capital, Goldcrest Capital, and Goldman Sachs Alternatives.Investors in the round: Goldcrest Capital, Goldman Sachs Alternatives, IVPIndustry: Elder Care, Medical, Nursing and Residential Care, SoftwareFounders: Ellen Johnston, Matthew Lynch, Raj MehraFounding year: 2020Total equity funding raised: $124.0M

Round: Series CDescription: Datarails provides an FP&A platform for consolidation, reporting, planning, and forecasting in Excel. Founded by Didi Gurfinkel, Eyal Cohen, and Oded Har-Tal in 2015, Datarails has now raised a total of $173.5M in total equity funding and is backed by Vertex Ventures, Zeev Ventures, Vertex Ventures Israel, One Peak, and Qumra Capital.Investors in the round: ClalTech, Innovation Endeavors, Joey Low, One Peak, Qumra Capital, Vertex Growth Fund, Vintage Investment Partners, Zeev VenturesIndustry: Financial Services, FinTech, Information Technology, SaaS, SoftwareFounders: Didi Gurfinkel, Eyal Cohen, Oded Har-TalFounding year: 2015Total equity funding raised: $173.5M

16. Osmo $70.0M

Round: Series BDescription: Osmo develops technology that gives computers a sense of smell. Founded by Alex Wiltschko and Andy Palmer in 2022, Osmo has now raised a total of $130M 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

15. Novig $75.0M

Round: Series BDescription: Novig is a sweepstakes-based sports prediction market for 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 Gaingels, Y Combinator, Forerunner, Lux Capital, and Makers Fund.Investors in the round: Edge Equity, Forerunner, Jay Reno, Makers Fund, Multicoin Capital, NFX, Pantera Capital, Perceptive VenturesIndustry: Gambling, Mobile, Prediction Markets, SportsFounders: Jacob Fortinsky, Kelechi UkahFounding year: 2021Total equity funding raised: $99.9MAlleyWatch’s exclusive coverage of this round: Novig Raises $75M to Replace the Traditional Sportsbook with a Peer-to-Peer Exchange

15. Rogo $75.0M

Round: Series CDescription: Rogo provides an enterprise AI platform for research, workflows, and document creation in finance. Founded by Gabriel Stengel, John Willett, and Tumas Rackaitis in 2021, Rogo has now raised a total of $154M in total equity funding and is backed by Sequoia Capital, BoxGroup, Khosla Ventures, Thrive Capital, and Alt Capital.Investors in the round: Alt Capital, BoxGroup, Henry Kravis, JP Morgan, Khosla Ventures, MANTIS Venture Capital, Positive Sum, Sequoia Capital, Stonecroft Management, Thrive Capital, Tiger Global Management, Truist Ventures, Wells FargoIndustry: Analytics, Artificial Intelligence (AI), Business Intelligence, Financial Services, FinTech, Generative AIFounders: Gabriel Stengel, John Willett, Tumas RackaitisFounding year: 2021Total equity funding raised: $154.0M

Round: SeedDescription: Proxima Bio develops programmable medicines that modulate protein interactions to treat disease. Founded by Jason Brouwer, Luca Naef, and Zachary Carpenter in 2019, Proxima has now raised a total of $86.3M in total equity funding and is backed by Yosemite, Modi Ventures, AIX Ventures, DCVC, and NVentures.Investors in the round: AIX Ventures, Alexandria Venture Investments, Braidwell, DCVC, Magnetic Ventures, Modi Ventures, NVentures, Roivant Sciences, YosemiteIndustry: Alternative Medicine, Artificial Intelligence (AI), Biotechnology, Clinical Trials, Life Science, Machine LearningFounders: Jason Brouwer, Luca Naef, Zachary CarpenterFounding year: 2019Total equity funding raised: $86.3M

Round: Series CDescription: Pomelo Care provides evidence-based healthcare services for women and children. Founded by Marta Bralic in 2021, Pomelo Care has now raised a total of $179M in total equity funding and is backed by Andreessen Horowitz, BoxGroup, First Round Capital, SV Angel, and Atomico.Investors in the round: Andreessen Horowitz, Atomico, BoxGroup, Plus Capital, Stripes, SV AngelIndustry: Children, Health Care, Mobile Apps, Women’sFounders: Marta BralicFounding year: 2021Total equity funding raised: $179.0M

Round: Series CDescription: Profound provides an AI search visibility platform that helps brands improve performance in generative 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, South Park Commons, Khosla Ventures, 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

11. Basis $100.0M

Round: Series BDescription: Basis provides an AI agent platform that automates accounting workflows. 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 Accel, BoxGroup, Khosla Ventures, Avid 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

Round: Series DDescription: Garner Health 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 Sequoia Capital, BoxGroup, Kleiner Perkins, Founders Fund, and SV Angel.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

9. Cents $140.0M

Round: Series CDescription: Cents provides software for laundromat owners to manage operations and customer experience. Founded by Alexander Jekowsky and Gilli Cherrin in 2019, Cents has now raised a total of $214.2M in total equity funding and is backed by Alumni Ventures, Bessemer Venture Partners, Tiger Global Management, FJ Labs, and Rosecliff Ventures.Investors in the round: Camber Creek, Sumeru Equity PartnersIndustry: Business Process Automation (BPA), Enterprise Software, Point of Sale, SaaSFounders: Alexander Jekowsky, Gilli CherrinFounding year: 2019Total equity funding raised: $214.2MAlleyWatch’s exclusive coverage of this round: Cents Raises $140M to Build the Operating System for the $60B Laundry Industry

Round: Series FDescription: Claroty provides cybersecurity software that protects industrial and cyber-physical systems. Founded by Amir Zilberstein, Benny Porat, and Galina Antova in 2015, Claroty has now raised a total of $890M in total equity funding and is backed by Temasek Holdings, Bessemer Venture Partners, Team8, Bosch Ventures, and Siemens.Investors in the round: Golub GrowthIndustry: Cyber Security, Internet of Things, Network Security, SecurityFounders: Amir Zilberstein, Benny Porat, Galina AntovaFounding year: 2015Total equity funding raised: $890.0M

Round: Series DDescription: Grow Therapy connects patients with licensed therapists through an online mental healthcare platform. Founded by Alan Ni, Jake Cooper, and Manoj Kanagaraj in 2020, Grow Therapy has now raised a total of $298M in total equity funding and is backed by Menlo Ventures, Sequoia Capital, Village Global, TCV, and Transformation Capital.Investors in the round: BCI, Goldman Sachs Growth Equity, Menlo Ventures, Sequoia Capital, SignalFire, TCV, Transformation CapitalIndustry: Health Care, Medical, Mental Health, mHealth, TherapeuticsFounders: Alan Ni, Jake Cooper, Manoj KanagarajFounding year: 2020Total equity funding raised: $298.0M

7. Whop $200.0M

Round: VentureDescription: Whop is a marketplace for buying and selling digital products, communities, and software. Founded by Cameron Zoub, Jack Sharkey, and Steven Schwartz in 2021, Whop has now raised a total of $273M in total equity funding and is backed by Insight Partners, Bain Capital Ventures, A*, SignalFire, and Soma Capital.Investors in the round: Tether VenturesIndustry: E-Commerce, Internet, MarketplaceFounders: Cameron Zoub, Jack Sharkey, Steven SchwartzFounding year: 2021Total equity funding raised: $273.0M

Round: Series DDescription: Talkiatry provides virtual mental healthcare services covered by insurance through licensed psychiatrists. Founded by Georgia Gaveras and Robert Krayn in 2019, Talkiatry has now raised a total of $452M in total equity funding and is backed by Andreessen Horowitz, Perceptive Advisors, Left Lane Capital, Blisce, and Relevance Ventures.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

Round: Series EDescription: Grafana Labs develops open-source software for monitoring, visualization, and analytics. Founded by Anthony Woods, Raj Dutt, and Torkel Ødegaard in 2014, Grafana Labs has now raised a total of $1.1B in total equity funding and is backed by Lightspeed Venture Partners, Sequoia Capital, Coatue, K5 Global, and Lead Edge Capital.Investors in the round: UndisclosedIndustry: Analytics, Cloud Data Services, Data Visualization, Open Source, SoftwareFounders: Anthony Woods, Raj Dutt, Torkel ØdegaardFounding year: 2014Total equity funding raised: $1.1B

4. Rain $250.0M

Round: Series CDescription: Rain provides stablecoin-powered payment infrastructure for businesses and financial platforms. Founded by Charles Yoo-Naut and Farooq Malik in 2021, Rain has now raised a total of $338.5M in total equity funding and is backed by Norwest, Lightspeed Venture Partners, Bessemer Venture Partners, Khosla Ventures, and FirstMark.Investors in the round: Bessemer Venture Partners, Dragonfly, Endeavor Catalyst, FirstMark, Galaxy Ventures, ICONIQ Capital, Lightspeed Venture Partners, Norwest, Sapphire Ventures, Thayer Investment PartnersIndustry: Blockchain, Cryptocurrency, Decentralized Finance (DeFi), FinTech, Web3Founders: Charles Yoo-Naut, Farooq MalikFounding year: 2021Total equity funding raised: $338.5M

Round: Series EDescription: Runway provides generative AI tools for creating images, videos, and simulations. 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 NVIDIA, Madrona, General Atlantic, Coatue, and Felicis.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

Round: Series EDescription: Vestwell provides a digital platform for managing 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 Franklin Templeton, Blue Owl, 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

Round: VentureDescription: Kalshi is a regulated prediction market where users trade event-based contracts tied to real-world outcomes. Founded by Luana Lopes Lara and Tarek Mansour in 2018, Kalshi has now raised a total of $2.6B in total equity funding and is backed by Andreessen Horowitz, General Catalyst, Paradigm, Sequoia Capital, and IVP.Investors in the round: CoatueIndustry: Consumer, Financial Exchanges, Financial Services, FinTech, Prediction Markets, Predictive AnalyticsFounders: Luana Lopes Lara, Tarek MansourFounding year: 2018Total equity funding raised: $2.6B