Sep 14, 2024

The 11 Largest US Funding Rounds of August 2024 Views: 1 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 . Round: Series A Description: 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 Values Industry: Artificial Intelligence (AI), CRM, Customer Service, Developer APIs, Developer Platform, Software Founders: Dheeraj Pandey, Manoj Agarwal Founding year: 2020 Total 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 . Round: Series D Description: 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 ‚Äì 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 ‚Äì JJDC, Lumira Ventures, State of Wisconsin Investment Board, Venture Investors, Yonjin Venture Industry: Health Care, Medical, Medical Device Founders: Brian Fowlkes, M. Christine Gibbons, Thomas Davison Founding year: 2009 Total 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 . Round: Series E Description: 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 Investments Industry: Elder Care, Elderly, Health Care, Health Insurance Founders: Edward Park, Todd Park Founding year: 2017 Total 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 . Round: Venture Description: 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 Catalyst Industry: Industrial, Industrial Automation, Industrial Manufacturing, Machinery Manufacturing, Manufacturing Founders: Anthony Manzo, Jeff Wilke, Michael Foley, Miles Arnone Founding year: 2020 Total 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 . Round: Series C Description: 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 Perkins Industry: Artificial Intelligence (AI), Enterprise Applications, Machine Learning, Software Founders: Douglas Chen, Varun Mohan Founding year: 2021 Total 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 . Round: Venture Description: 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‚Äô Venture Growth, University of Illinois Foundation, Vanderbilt University Industry: FinTech, Loyalty Programs, Real Estate, Rental Property Founders: Ankur Jain Total 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 . Round: Series E Description: 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, IVP Industry: Big Data, Information Technology, Real Time, Software Founders: Clint Sharp, Dritan Bitincka, Ledion Bitincka Founding year: 2018 Total 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 . Round: Series D Description: 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, WestCap Industry: Air Transportation, Analytics, Artificial Intelligence (AI), Machine Learning, Predictive Analytics Founders: Alexander Mans, Cyril Guiraud, Jean Tripier Founding year: 2013 Total 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 . Round: Series D Description: 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 Management Industry: Artificial Intelligence (AI), Cyber Security, Email, Information Technology, Network Security Founders: Evan Reiser, Sanjay Jeyakumar Founding year: 2018 Total 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 . Round: Series C Description: 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 Capital Industry: Artificial Intelligence (AI), Information Technology, Machine Learning Founders: Eric Steinberger, Sebastian De Ro Founding year: 2022 Total 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 . Round: Series D Description: 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 Management Industry: Artificial Intelligence (AI), Electronics, Machine Learning, Semiconductor Founders: Jonathan Ross Total 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 . Round: Series F Description: 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 Ventures Industry: Aerospace, Government, Military, National Security Founders: Brian Schimpf, Joseph Chen, Matt Grimm, Palmer Luckey, Trae Stephens Founding year: 2017 Total 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 .