Armed with some data from our friends at CrunchBase, I broke down the largest US startup funding rounds from August 2024. I have included some additional information such as industry, company description, round type, founders, and total equity funding raised to further the analysis.
The TechWatch Media Group audience is driving progress and innovation on a global scale. With its regional media properties (NYC Tech, LA Tech, London Tech)TechWatch Media Group is the highway for technology and entrepreneurship. There are a number of options to reach this audience of the world’s most innovative organizations and startups at scale including developing prominent brand placement, driving demand generation, and building thought leadership among the vast majority of key influencers in the global business community and beyond. Find out how to partner with us to drive a return on your marketing investment here.
11. DevRev $100.8M
Round: Series ADescription: Palo Alto-based DevRev offers a cloud-based solution for both customer support and software development. Founded by Dheeraj Pandey and Manoj Agarwal in 2020, DevRev has now raised a total of $150.8M in total equity funding and is backed by Khosla Ventures, Alumni Ventures, Mayfield Fund, Firebolt Ventures, and Ballistic Ventures.Investors in the round: Khosla Ventures, Mayfield Fund, Param Hansa ValuesIndustry: Artificial Intelligence (AI), CRM, Customer Service, Developer APIs, Developer Platform, SoftwareFounders: Dheeraj Pandey, Manoj AgarwalFounding year: 2020Location: Palo AltoTotal equity funding raised: $150.8M
The TechWatch Media Group audience is driving progress and innovation on a global scale. With its regional media properties (NYC Tech, LA Tech, London Tech)TechWatch Media Group is the highway for technology and entrepreneurship. There are a number of options to reach this audience of the world’s most innovative organizations and startups at scale including developing prominent brand placement, driving demand generation, and building thought leadership among the vast majority of key influencers in the global business community and beyond. Find out how to partner with us to drive a return on your marketing investment here.
10. HistoSonics $102.0M
Round: Series DDescription: Plymouth-based HistoSonics specializes in developing non-invasive medical devices, interventional radiology, and surgical robotics. Founded by Brian Fowlkes, M. Christine Gibbons, and Thomas Davison in 2009, HistoSonics has now raised a total of $223.8M in total equity funding and is backed by Johnson & Johnson Innovation – JJDC, Alpha Wave Ventures, Signature Bank, HealthQuest Capital, and Varian.Investors in the round: Alpha Wave Ventures, Amzak Health Investors, Hatteras Venture Partners, HealthQuest Capital, Johnson & Johnson Innovation – JJDC, Lumira Ventures, State of Wisconsin Investment Board, Venture Investors, Yonjin VentureIndustry: Health Care, Medical, Medical DeviceFounders: Brian Fowlkes, M. Christine Gibbons, Thomas DavisonFounding year: 2009Location: PlymouthTotal equity funding raised: $223.8M
The TechWatch Media Group audience is driving progress and innovation on a global scale. With its regional media properties (NYC Tech, LA Tech, London Tech)TechWatch Media Group is the highway for technology and entrepreneurship. There are a number of options to reach this audience of the world’s most innovative organizations and startups at scale including developing prominent brand placement, driving demand generation, and building thought leadership among the vast majority of key influencers in the global business community and beyond. Find out how to partner with us to drive a return on your marketing investment here.
9. Devoted Health $112.0M
Round: Series EDescription: Waltham-based Devoted Health is a healthcare company serving seniors and giving them a health care plan with personal guides and world-class technology. Founded by Edward Park and Todd Park in 2017, Devoted Health has now raised a total of $2.3B in total equity funding and is backed by Andreessen Horowitz, General Catalyst, PremjiInvest, Cox Enterprises, and F-Prime Capital.Investors in the round: Cox Enterprises, The Space Between, White Road InvestmentsIndustry: Elder Care, Elderly, Health Care, Health InsuranceFounders: Edward Park, Todd ParkFounding year: 2017Location: WalthamTotal equity funding raised: $2.3B
The TechWatch Media Group audience is driving progress and innovation on a global scale. With its regional media properties (NYC Tech, LA Tech, London Tech)TechWatch Media Group is the highway for technology and entrepreneurship. There are a number of options to reach this audience of the world’s most innovative organizations and startups at scale including developing prominent brand placement, driving demand generation, and building thought leadership among the vast majority of key influencers in the global business community and beyond. Find out how to partner with us to drive a return on your marketing investment here.
8. Re:Build $120.0M
Round: VentureDescription: Framingham-based Re:Build is an industrial manufacturing company that integrates advanced technologies with traditional manufacturing processes‚Äã. Founded by Anthony Manzo, Jeff Wilke, Michael Foley, and Miles Arnone in 2020, Re:Build has now raised a total of $231.0M in total equity funding and is backed by General Catalyst and US Department of Energy.Investors in the round: General CatalystIndustry: Industrial, Industrial Automation, Industrial Manufacturing, Machinery Manufacturing, ManufacturingFounders: Anthony Manzo, Jeff Wilke, Michael Foley, Miles ArnoneFounding year: 2020Location: FraminghamTotal equity funding raised: $231.0M
The TechWatch Media Group audience is driving progress and innovation on a global scale. With its regional media properties (NYC Tech, LA Tech, London Tech)TechWatch Media Group is the highway for technology and entrepreneurship. There are a number of options to reach this audience of the world’s most innovative organizations and startups at scale including developing prominent brand placement, driving demand generation, and building thought leadership among the vast majority of key influencers in the global business community and beyond. Find out how to partner with us to drive a return on your marketing investment here.
7. Codeium $150.0M
Round: Series CDescription: Mountain View-based Codeium provides an AI-powered coding platform that maximizes developer productivity. Founded by Douglas Chen and Varun Mohan in 2021, Codeium has now raised a total of $243.0M in total equity funding and is backed by General Catalyst, Kleiner Perkins, Founders Fund, Howie Liu, and Nitesh Banta.Investors in the round: General Catalyst, Greenoaks, Kleiner PerkinsIndustry: Artificial Intelligence (AI), Enterprise Applications, Machine Learning, SoftwareFounders: Douglas Chen, Varun MohanFounding year: 2021Location: Mountain ViewTotal equity funding raised: $243.0M
The TechWatch Media Group audience is driving progress and innovation on a global scale. With its regional media properties (NYC Tech, LA Tech, London Tech)TechWatch Media Group is the highway for technology and entrepreneurship. There are a number of options to reach this audience of the world’s most innovative organizations and startups at scale including developing prominent brand placement, driving demand generation, and building thought leadership among the vast majority of key influencers in the global business community and beyond. Find out how to partner with us to drive a return on your marketing investment here.
7. Bilt Rewards $150.0M
Round: VentureDescription: New York-based Bilt Rewards offers a rewards program that allows renters to earn points on rent and create a path towards homeownership. Founded by Ankur Jain in 2021, Bilt Rewards has now raised a total of $563.3M in total equity funding and is backed by Blend, General Catalyst, AvalonBay Communities, Greystar, and Mastercard.Investors in the round: Teachers’ Venture Growth, University of Illinois Foundation, Vanderbilt UniversityIndustry: FinTech, Loyalty Programs, Real Estate, Rental PropertyFounders: Ankur JainFounding year: 2021Location: New YorkTotal equity funding raised: $563.3M
The TechWatch Media Group audience is driving progress and innovation on a global scale. With its regional media properties (NYC Tech, LA Tech, London Tech)TechWatch Media Group is the highway for technology and entrepreneurship. There are a number of options to reach this audience of the world’s most innovative organizations and startups at scale including developing prominent brand placement, driving demand generation, and building thought leadership among the vast majority of key influencers in the global business community and beyond. Find out how to partner with us to drive a return on your marketing investment here.
6. Cribl $200.0M
Round: Series EDescription: San Francisco-based Cribl enables open observability and defies data gravity, giving customers radical levels of choice and control over their data. Founded by Clint Sharp, Dritan Bitincka, and Ledion Bitincka in 2018, Cribl has now raised a total of $602.2M in total equity funding and is backed by CrowdStrike, Sequoia Capital, Google Ventures, Tiger Global Management, and Citi Ventures.Investors in the round: CapitalG, CRV, GIC, Google Ventures, IVPIndustry: Big Data, Information Technology, Real Time, SoftwareFounders: Clint Sharp, Dritan Bitincka, Ledion BitinckaFounding year: 2018Location: San FranciscoTotal equity funding raised: $602.2M
The TechWatch Media Group audience is driving progress and innovation on a global scale. With its regional media properties (NYC Tech, LA Tech, London Tech)TechWatch Media Group is the highway for technology and entrepreneurship. There are a number of options to reach this audience of the world’s most innovative organizations and startups at scale including developing prominent brand placement, driving demand generation, and building thought leadership among the vast majority of key influencers in the global business community and beyond. Find out how to partner with us to drive a return on your marketing investment here.
5. FLYR $225.0M
Round: Series DDescription: Santa Monica-based FLYR is a technology company that uses AI to help airlines and hospitality businesses. Founded by Alexander Mans, Cyril Guiraud, and Jean Tripier in 2013, FLYR has now raised a total of $411.8M in total equity funding and is backed by BlackRock, Founders Fund, WestCap, Abu Dhabi Investment Authority, and Marbruck.Investors in the round: Abu Dhabi Investment Authority, Avianca, BlackRock, Streamlined Ventures, WestCapIndustry: Air Transportation, Analytics, Artificial Intelligence (AI), Machine Learning, Predictive AnalyticsFounders: Alexander Mans, Cyril Guiraud, Jean TripierFounding year: 2013Location: Santa MonicaTotal equity funding raised: $411.8M
The TechWatch Media Group audience is driving progress and innovation on a global scale. With its regional media properties (NYC Tech, LA Tech, London Tech)TechWatch Media Group is the highway for technology and entrepreneurship. There are a number of options to reach this audience of the world’s most innovative organizations and startups at scale including developing prominent brand placement, driving demand generation, and building thought leadership among the vast majority of key influencers in the global business community and beyond. Find out how to partner with us to drive a return on your marketing investment here.
4. Abnormal Security $250.0M
Round: Series DDescription: San Francisco-based Abnormal Security is an email security company that protects enterprises and organizations from targeted email attacks. Founded by Evan Reiser and Sanjay Jeyakumar in 2018, Abnormal Security has now raised a total of $534.0M in total equity funding and is backed by Menlo Ventures, Wellington Management, Insight Partners, Greylock, and Ballistic Ventures.Investors in the round: CrowdStrike Falcon Fund, Greylock, Insight Partners, Menlo Ventures, Wellington ManagementIndustry: Artificial Intelligence (AI), Cyber Security, Email, Information Technology, Network SecurityFounders: Evan Reiser, Sanjay JeyakumarFounding year: 2018Location: San FranciscoTotal equity funding raised: $534.0M
The TechWatch Media Group audience is driving progress and innovation on a global scale. With its regional media properties (NYC Tech, LA Tech, London Tech)TechWatch Media Group is the highway for technology and entrepreneurship. There are a number of options to reach this audience of the world’s most innovative organizations and startups at scale including developing prominent brand placement, driving demand generation, and building thought leadership among the vast majority of key influencers in the global business community and beyond. Find out how to partner with us to drive a return on your marketing investment here.
3. Magic $320.0M
Round: Series CDescription: San Francisco-based Magic is an AI coding startup that enables developers to work with AI to find code for building apps. Founded by Eric Steinberger and Sebastian De Ro in 2022, Magic has now raised a total of $465.1M in total equity funding and is backed by Sequoia Capital, CapitalG, Nat Friedman, Sahin Boydas, and Daniel Gross.Investors in the round: Atlassian Ventures, CapitalG, Daniel Gross, Elad Gil, Eric Schmidt, Jane Street Capital, Nat Friedman, Sequoia CapitalIndustry: Artificial Intelligence (AI), Information Technology, Machine LearningFounders: Eric Steinberger, Sebastian De RoFounding year: 2022Location: San FranciscoTotal equity funding raised: $465.1M
The TechWatch Media Group audience is driving progress and innovation on a global scale. With its regional media properties (NYC Tech, LA Tech, London Tech)TechWatch Media Group is the highway for technology and entrepreneurship. There are a number of options to reach this audience of the world’s most innovative organizations and startups at scale including developing prominent brand placement, driving demand generation, and building thought leadership among the vast majority of key influencers in the global business community and beyond. Find out how to partner with us to drive a return on your marketing investment here.
2. Groq $640.0M
Round: Series DDescription: Mountain View-based Groq radically simplifies compute to accelerate workloads in artificial intelligence, machine learning, and high-performance computing. Founded by Jonathan Ross in 2016, Groq has now raised a total of $1.0B in total equity funding and is backed by BlackRock, Neuberger Berman, Alumni Ventures, Tiger Global Management, and Daniel Gross.Investors in the round: BlackRock, Cisco Investments, E1 Ventures, Firestreak Ventures, Global Brain Corporation, Neuberger Berman, Samsung Catalyst Fund, Type One Ventures, Verdure Capital ManagementIndustry: Artificial Intelligence (AI), Electronics, Machine Learning, SemiconductorFounders: Jonathan RossFounding year: 2016Location: Mountain ViewTotal equity funding raised: $1.0B
The TechWatch Media Group audience is driving progress and innovation on a global scale. With its regional media properties (NYC Tech, LA Tech, London Tech)TechWatch Media Group is the highway for technology and entrepreneurship. There are a number of options to reach this audience of the world’s most innovative organizations and startups at scale including developing prominent brand placement, driving demand generation, and building thought leadership among the vast majority of key influencers in the global business community and beyond. Find out how to partner with us to drive a return on your marketing investment here.
1. Anduril Industries $1.5B
Round: Series FDescription: Costa Mesa-based Anduril Industries is a defense product company that builds technology for military agencies and border surveillance. Founded by Brian Schimpf, Joseph Chen, Matt Grimm, Palmer Luckey, and Trae Stephens in 2017, Anduril Industries has now raised a total of $3.7B in total equity funding and is backed by Fidelity, BlackRock, Thrive Capital, Andreessen Horowitz, and General Catalyst.Investors in the round: Altimeter Capital, Baillie Gifford, BlackRock, Counterpoint Global, Fidelity, Founders Fund, Franklin Venture Partners, Sands Capital VenturesIndustry: Aerospace, Government, Military, National SecurityFounders: Brian Schimpf, Joseph Chen, Matt Grimm, Palmer Luckey, Trae StephensFounding year: 2017Location: Costa MesaTotal equity funding raised: $3.7B
The TechWatch Media Group audience is driving progress and innovation on a global scale. With its regional media properties (NYC Tech, LA Tech, London Tech)TechWatch Media Group is the highway for technology and entrepreneurship. There are a number of options to reach this audience of the world’s most innovative organizations and startups at scale including developing prominent brand placement, driving demand generation, and building thought leadership among the vast majority of key influencers in the global business community and beyond. Find out how to partner with us to drive a return on your marketing investment here.
