These are the 21 most highly-funded tech startups from the last quarter - and most of them you've never heard of

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These are the 21 most highly-funded tech startups from the last quarter - and most of them you've never heard of

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HBO

Silicon Valley (HBO) characters Monica, left, and Richard know a thing or two about venture capital.

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The tech startup gold rush continues, and there's no stronger sign of the times than the amount of venture capital money being raised by these young companies.

In the first quarter of 2018, US venture capital funding across all industries grew 49% from the year before up to $22.1 billion, according to the Goldman Sachs Views from the Valley report, which is based on data from CB Insights.

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Deal sizes grew dramatically as well, with investors funding seven unique mega-deals, valued at over $500 million each, during the quarter. In all of 2017, there were only two such mega-deals, according to the report.

While US investments were up 21% from the fourth quarter of 2017, the number of deals was nearly stagnant - up just 5% from the quarter before. The average deal size in the first quarter was $14.1 million, up from $12.3 million the quarter before, and far above the historical average of $8.2 million per quarter, according to the report.

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Here are the biggest deals in internet and software in Q1 2018.

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Scientific and engineering software: $968.6 million in total

Scientific and engineering software: $968.6 million in total

Magic Leap: $461 million

Magic Leap: $461 million

The augmented-reality startup Magic Leap announced in March that it had raised $461 million from investors led by Saudi Arabia's sovereign investment arm.

Those millions are officially part of Magic Leap/s previously announced Series D, a $502 million round led by Singapore's Temasek. Combined together, the company's Series D now totals $963 million.

While the company has yet to release a product, it has raised over $2.3 billion to build its super-futuristic smart-goggles.

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UiPath: $153 million

UiPath: $153 million

UiPath, a robotics automation software company, raised $153 million in March in a Series B that valued the company at $1.1 billion.

Accel, a previous investor, led the around along with new investors CapitalG and Kleiner Perkins Caufield & Byers.

UiPath, launched in 2015, sells software that supports the "deployment of software robots (digital workers) that perfectly emulate and execute repetitive processes."

Pony.ai: $112 million

Pony.ai: $112 million

Just one year old, the autonomous vehicle company Pony.ai raised a whopping $112 million led by Morningside Venture Capital and Legend Capital, as well as seed investors at Sequoia China and investor IDG Capital.

The company, which works out of both Silicon Valley and China, has already begun testing its fleet of self-driving cars.

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Hover: $25 million

Hover: $25 million

Hover, a platform that generates interactive 3D models for projects like remodeling a home, raised $25 million in a Series B led by GV (formerly Google Ventures) in January.

The Home Depot and the roofing manufacturer Standard Industries also participated in the round.

Founded n 2011, Hover was first used by the US military for risk reduction, but the company has since refocused on the home improvement market.

Blackmore Sensors and Analytics: $18 million

Blackmore Sensors and Analytics: $18 million

Blackmore Sensors and Analytics, a Montana-based developer of lidar — a key component in self-driving vehicle systems — raised $18 million in March in a Series B led by BMW iVentures.

Toyota AI Ventures, Millennium Technology Value Partners and Next Frontier Capital also participated in the round.

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Accounting and finance software: $752.4 million in total

Accounting and finance software: $752.4 million in total

C2FO: $100 million

C2FO: $100 million

In February, the "working capital market place" C2FO announced $100 million in funding led by Allianz X and Mubadala Investment Company, along with existing investors at Temasek, Union Square Ventures and Mithril Capital.

C2FO helps companies improve their cash flow. Rather than borrowing money from a bank, it lets companies negotiate early payment on existing invoices.

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Defi Solutions: $55 million

Defi Solutions: $55 million

The lending industry software company Defi Solutions announced $55 million in Series C funding led by Bain Capital Ventures in January.

The Texas-based company launched in 2012 with a software-as-a-service (SaaS) model aimed at the auto lending industry.

nCino: $51.5 million

nCino: $51.5 million

nCino raised $51.5 million in funding from Salesforce Ventures in January.

nCino is a cloud-based bank software suite first launched in 2012. The software integrates with customer relationship management (CRM) platforms like Salesforce as well as core bank transaction systems.

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Root Insurance: $51 million

Root Insurance: $51 million

The insurance technology company Root Insurance raised $51 million in a Series C round led by Redpoint Ventures, with Scale Venture Partners, Ribbit Capital and Silicon Valley Bank Capital Partners also participating in the round.

The Ohio-based car insurance company, which launched in 2016, uses a mobile app to track actual driving habits, and issues its customers insurance at a rate that's adjusted, based on the data collected.

Ladder: $40 million

Ladder: $40 million

In January, the life insurance company Ladder announced $30 million in funding led by RRE Ventures. In May, Allianz Life Insurance added an addition $10 million for a total of $40 million for Ladder's Series B.

Ladder, a fully-digital life insurance provider, launched in California in 2017 and has since expanded throughout the US.

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Healthcare software: $687.8 million in total

Healthcare software:  $687.8 million in total

HeartFlow: $240 million

HeartFlow: $240 million

HeartFlow raised $150 million in a Series D in February. The funding was led by Wellington Management and Baillie Gifford & Company.

Heart Flow makes a non-invasive technology that generates customized 3D model of patients' hearts to helps clinicians diagnose and treat heart disease.

The company, founded in 2007, is now valued at $1.5 billion.

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DNAnexus: $58 million

DNAnexus: $58 million

DNAnexus, the biomedical data-management company, raised $58 million led by Foresite Capital with a strategic investment from Microsoft.

GV (formerly Google Ventures), TPG Biotech, WuXi NextCODE, Claremont Creek Ventures and MidCap Financial also participated in the round.

DNAnexus sells an international network for genomics and other biomedical data. It also integrates with Google's DeepVariant biometrics tool.

Pear Therapeutics: $50 million

Pear Therapeutics: $50 million

The Boston and San Francisco-based Pear Therapeutics announced $50 million in funding in January. This Series B was led by the Singapore holding company Temasek.

Pear develops software in a cutting-edge field called prescription digital therapeutics — basically, software that it hopes can replace traditional treatments for illnesses. Pear is the only company in this space with clearance from the Food and Drug Administration for clinical trials.

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Atomwise: $45 million

Atomwise: $45 million

In March, Atomwise raised $45 million in a Series A led by Monsanto Growth Ventures, Data Collective (DCVC) and B Capital Group

Founded in 2012, Atomwise is a healthtech company which commercialized deep neural networks for drug research. The Atomwise software can predict how potential medicines would work on a brain before they are made. The software is primarily used by pharmaceutical and biotech companies, and research universities.

Cota: $40 million

Cota: $40 million

The health data analytics company Cota raised $40 million in a Series C led by IQVIA with participation from EW Healthcare Partners.

Cota turns medical records into research-grade data. Its tools let healthcare providers analyze and research outcomes based on patient factors.

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Manufacturing, warehousing and industrial software: $889.7 million in total

Manufacturing, warehousing and industrial software: $889.7 million in total

Katerra: $865 million

Katerra: $865 million

Katerra, a construction software startup, raised $865 million in a Series D led by SoftBank.

Founded in 2015, Katerra is used to optimize building development, design, and construction. The company has already garnered $1.3 billion in new construction bookings.

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Business intelligence, analytics, and performance management software: $699.3 million in total

Business intelligence, analytics, and performance management software: $699.3 million in total

PrecisionHawk: $75 million

PrecisionHawk: $75 million

PrecisionHawk raised $75 million in a round led by Third Point Ventures, along with Comcast Ventures and Intel Capital.

PrecisionHawk makes drone technology for enterprises, across industries from agriculture to insurance. The Raleigh, North Carolina-based launched in 2010 and has since raised over $100 million.

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SambaNova System: $56 million

SambaNova System: $56 million

SambaNova System raised $56 million just out of stealth in a Series A led by Walden International and GV (formerly Google Ventures).

SambaNova is a combination hardware and software computer platform designed to power artificial intelligence, machine learning, and data analytics.

True Fit: $55 million

True Fit: $55 million

True Fit, a Boston-based footwear and apparel discovery platform, raised $55 million in a Series C led by Georgian Partners.

Though focused a personalized experience for consumers, True Fit uses data analytics and artificial intelligence to help retailers and brands better understand those consumers, and tailor their products to meet the precise needs of the market.

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Trifacta: $48 million

Trifacta: $48 million

In January, the data wrangler Trifacta announced $48 million in funding from Columbia Pacific, Deutsche Börse, Ericsson, Google and New York Life.

Trifacta, founded in 2012, helps users stitch together disparate data sets to help businesses make sense of their data, using dashboards and other visualizations.

xMatters: $40 million

xMatters: $40 million

In February, xMatters raised $40 million in a Series D led by Goldman Sachs

xMatters is an incident response and resolution platform designed to proactively prevent or resolve issues, such as systems outages, but informing the people that need to know when something goes wrong at a company. By automating collaboration, xMatters helps increasingly digital workspaces recover from incidents quickly.

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