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.

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

FAQs

What is the largest funding round in 2023? ›

#1.

AI innovator OpenAI secured the most funding of any U.S. tech company in 2023, with a newly injected $10.3 billion across two rounds. In January, the company announced the continuation of its partnership with Microsoft which came with a $10 billion investment from the software giant.

Which startups get the most funding? ›

In 2023, out of a total funding of around 10 billion U.S. dollars received by Indian startups, fintech startups received funding amount of more than three billion U.S. dollars, followed by Ecommerce with a funding of over two billion dollars.

How much funding raised by startups in India in 2023? ›

In 2023, the total funding in startups stood at $11.3 billion. E-commerce marketplace Flipkart raised $350 million in equity funding from Google and stood at the top followed by SaaS firm Atlan's $105 million Series C round and healthtech startup NephroPlus's $102 million Series F round.

How many venture backed startups are there in the US? ›

Over 55,000 VC-backed companies are operating in the US right now, according to the latest PitchBook-NVCA Venture Monitor. Many of them are aggressively competing for funding in a slow dealmaking landscape.

What is the largest fundraising in 2023? ›

Blackstone Strategic Partners tops the list with a record-breaking fundraising for its ninth flagship fund, which amassed $22.2bn. While most private market firms have faced a challenging fundraising environment in 2023, those focused on secondaries were an exception.

Who is funding anthropic? ›

Amazon Web Services has ponied up full amount of its promised $4 billion investment in generative AI company Anthropic.

Which is the most profitable startup? ›

7 Most Profitable Startups In India
  • Groww - 448.7 Cr: Groww is a financial technology company that provides online investment services.
  • CarTrade - 40.4 Cr: CarTrade is an online marketplace for buying and selling new and used cars.
Feb 28, 2024

What is the most successful startup company? ›

The most successful startups of all time
  • Google. Google was founded in 1998 by two PhD students, Larry Page and Sergey Brin. ...
  • Facebook. Facebook was founded in 2004 by Mark Zuckerberg. ...
  • Airbnb. Airbnb was founded in 2008 by Brian Chesky and Joe Gebbia. ...
  • Uber.
Apr 20, 2024

What industry gets 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:
  • Physicians/Doctors Office.
  • Strategy/General Consulting.
  • Manufacturing Other Merchandise.
  • Software Development.
  • Dentistry.
  • Hotel, Motel, Lodging.
Feb 28, 2020

What is the highest funding in 2023? ›

The largest fundings in 2023 went to foundation model companies OpenAI, Anthropic and Inflection AI, which collectively raised $18 billion in 2023. Semiconductors and battery tech also all saw increased investment in 2023.

What is the success rate of startup funding? ›

Approximately 60% of companies do not advance to Series A, resulting in a success rate of only 30% to 40%. Around 65% of Series A startups secure Series B funding, while 35% do not. During the Maturity Stage, the likelihood of failure is just 1 out of 100.

What percent of start-ups fail? ›

Startup Failure Rates

About 90% of startups fail. 10% of startups fail within the first year. Across all industries, startup failure rates seem to be close to the same. Failure is most common for startups during years two through five, with 70% falling into this category.

What is the survival rate of startups? ›

Industry data on startups from the Bureau of Labor Statistics provide valuable insights into the failure of startups. 20% of new businesses fail within the first two years. 45% of new business startups don't survive the fifth year. 65% of new startups fail during the first ten years.

Where are most startups located in USA? ›

Best Startup Cities in the US
  • Silicon Valley/Bay Area, California. There is perhaps no more well-known startup city in the US than Silicon Valley. ...
  • New York City, New York. ...
  • Boston, Massachusetts. ...
  • Los Angeles, California. ...
  • Seattle, Washington.
Apr 19, 2024

Which funds will do well in 2023? ›

Best Fund Families of 2023
2023 Rank2022 RankFund Family
19Putnam Investment Management
230Fidelity Investments
346PGIM Investments
443Virtus Investment Partners
41 more rows
Feb 29, 2024

What are the hedge fund trends for 2023? ›

All four of its main funds posted double-digit gains in 2023: The flagship Wellington fund jumped 15.3 percent; Citadel Tactical Trading Fund, also a multistrat fund, was up 14.8 percent; Citadel Equities, a long-short market-neutral fund, rose 11.6 percent; and Citadel Global Fixed Income climbed 10.9 percent.

What is the average funding round size? ›

Typically, seed funding rounds are relatively small compared to later priced rounds and can vary greatly from about $500k to $5 million. The median fundraising amount for seed rounds in early 2023 was $3.1 million, according to Carta's data.

How will money market funds do in 2023? ›

MMFs' aggregate net assets reached a new record of $6.4 trillion on December 31, 2023, according to the OFR's monthly U.S. Money Market Fund Monitor. MMFs experienced cumulative inflows of $1.2 trillion in 2023, the largest on record.

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