The 9 Largest US Funding Rounds Of January 2024

Republished By Plato

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Armed with some data from our friends at CrunchBase, I broke down the largest US startup funding rounds from January 2024. I have included some additional information such as industry, company description, round type, founders, and total equity funding raised to further the analysis.

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9. Quora $75.0M

Round: Venture
Description: Mountain View-based Quora is a question-and-answer platform that allows users to ask and answer questions on a wide range of topics. Founded by Adam D’Angelo and Charlie Cheever in 2009, Quora has now raised a total of $301.0M in total equity funding and is backed by Andreessen Horowitz, Y Combinator, Collaborative Fund, Tiger Global Management, and Peter Thiel.
Investors in the round: Andreessen Horowitz
Industry: Copywriting, Information Services, Internet, Product Design, Q&A
Founders: Adam D’Angelo, Charlie Cheever
Founding year: 2009
Total equity funding raised: $301.0M

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9. Sion Power $75.0M

Round: Series A
Description: Tucson-based Sion Power develops and commercializes advanced energy storage technologies, particularly lithium-sulfur (Li-S) batteries. Founded by Terje Skotheim in 1994, Sion Power has now raised a total of $145.0M in total equity funding and is backed by Cummins, LG Energy Solution, BASF, Hillspire, and Euclidean Capital.
Investors in the round: Euclidean Capital, Hillspire, LG Energy Solution
Industry: Battery, Electric Vehicle, Electronics, Energy, Mobile
Founders: Terje Skotheim
Founding year: 1994
Total equity funding raised: $145.0M

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8. Bloom Nutrition $90.0M

Round: Venture
Description: Los Angeles-based Bloom Nutrition specializes in the sales of gym supplements for women. Founded by Mari Llewellyn and Gregory LaVecchia in 2019, Bloom Nutrition has now raised a total of $90.0M in total equity funding and is backed by Nutrabolt, Amberstone Ventures, and Clayton Christopher.
Investors in the round: Amberstone Ventures, Clayton Christopher, Nutrabolt
Industry: Dietary Supplements, Health Care, Nutrition, Women’s
Founders: Mari Llewellyn, Gregory LaVecchia
Founding year: 2019
Total equity funding raised: $90.0M

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8. BillingPlatform $90.0M

Round: Venture
Description: Centennial-based BillingPlatform provides a cloud-based platform that helps businesses manage and automate their billing processes. Founded by Leonid Solomonik and Nathan Shinn in 2012, BillingPlatform has now raised a total of $104.0M in total equity funding and is backed by FTV Capital and Columbia Capital.
Investors in the round: FTV Capital
Industry: Billing, Enterprise Software, FinTech, SaaS, Software
Founders: Leonid Solomonik, Nathan Shinn
Founding year: 2012
Total equity funding raised: $104.0M

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8. Perfect Day $90.0M

Round: Series E
Description: Berkeley-based Perfect Day produces dairy proteins that are nutritionally identical to proteins from cow‚Äôs milk. Founded by Perumal Gandhi and Ryan Pandya in 2014, Perfect Day has now raised a total of $801.5M in total equity funding and is backed by ICONIQ Capital, SOSV, Horizons Ventures, Temasek Holdings, and Archer Daniels Midland Company.
Investors in the round: Horizons Ventures
Industry: Bakery, Biotechnology, Food and Beverage, Food Processing, Sustainability
Founders: Perumal Gandhi, Ryan Pandya
Founding year: 2014
Total equity funding raised: $801.5M

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7. PerformYard $95.0M

Round: Venture
Description: Arlington-based PerformYard is an HR performance software that focuses on performance management and employee feedback. Founded by Ben Hastings and Jon Malpass in 2013, PerformYard has now raised a total of $95.0M in total equity funding and is backed by Updata Partners, J. Hunt Holdings, Virginia Venture Partners, and Chartline.
Investors in the round: Updata Partners
Industry: Enterprise Software, SaaS, Software
Founders: Ben Hastings, Jon Malpass
Founding year: 2013
Total equity funding raised: $95.0M

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6. Harbor Health $95.5M

Round: Series A
Description: Austin-based Harbor Health is a multi-specialty clinic group that provides smarter health care using technology. Founded by Dr. Clay Johnston, Eric Scott, and Tony Miller in 2022, Harbor Health has now raised a total of $125.5M in total equity funding and is backed by 8VC, General Catalyst, Alta Partners, Martin Ventures, and Health2047 Capital Partners.
Investors in the round: 8VC, Alta Partners, General Catalyst, Health2047 Capital Partners, Lemhi Ventures, Martin Ventures
Industry: Health Care, Medical, mHealth, Personal Health, Wellness
Founders: Dr. Clay Johnston, Eric Scott, Tony Miller
Founding year: 2022
Total equity funding raised: $125.5M

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5. Second Dinner Studios $100.0M

Round: Series B
Description: Irvine-based Second Dinner Studios is an independent game development company. Founded by Ben Brode and Jomaro Kindred in 2018, Second Dinner Studios has now raised a total of $130.0M in total equity funding and is backed by NetEase and Griffin Gaming Partners.
Investors in the round: Griffin Gaming Partners
Industry: Digital Entertainment, Gaming, PC Games
Founders: Ben Brode, Jomaro Kindred
Founding year: 2018
Total equity funding raised: $130.0M

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4. Inari $103.0M

Round: Series F
Description: Cambridge-based Inari is a biotechnology company that aims to transform agriculture and its impact on society and the environment. Founded by David Berry, Ignacio Martinez, and John Casey in 2016, Inari has now raised a total of $564.0M in total equity funding and is backed by Alexandria Venture Investments, Flagship Pioneering, G Squared, Canada Pension Plan Investment Board, and Acre Venture Partners.
Investors in the round: Canada Pension Plan Investment Board, Flagship Pioneering, Hanwha Impact Partners, NGS Super, Rivas Capital, Rokos Capital Management, State of Michigan Retirement System
Industry: Agriculture, AgTech, Biotechnology, Sustainability
Founders: David Berry, Ignacio Martinez, John Casey
Founding year: 2016
Total equity funding raised: $564.0M

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3. Zum $140.0M

Round: Series E
Description: Redwood City-based Zum provides child transportation for school districts and busy families. Founded by Ritu Narayan and Vivek Garg in 2015, Zum has now raised a total of $341.0M in total equity funding and is backed by Sequoia Capital, GIC, Citi Ventures, TSVC, and DNX Ventures.
Investors in the round: Climate Investment, GIC, Sequoia Capital, SoftBank Vision Fund
Industry: Children, Ride Sharing, Transportation
Founders: Ritu Narayan, Vivek Garg
Founding year: 2015
Total equity funding raised: $341.0M

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2. Kore.ai $150.0M

Round: Series D
Description: Orlando-based Kore.ai offers AI-powered virtual assistants and applications for enhancing customer and employee experiences across various industries. Founded by Raj Koneru in 2013, Kore.ai has now raised a total of $203.5M in total equity funding and is backed by NVIDIA, FTV Capital, Vistara Growth, PNC, and Dallas Venture Capital.
Investors in the round: Beedie Capital, FTV Capital, NextEquity Partners, Nicola Wealth Management, NVIDIA, Sweetwater Capital Partners, Vistara Growth
Industry: Artificial Intelligence (AI), Collaboration, Enterprise Software, Machine Learning, Natural Language Processing
Founders: Raj Koneru
Founding year: 2013
Total equity funding raised: $203.5M

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1. Bilt Rewards $200.0M

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 $413.3M in total equity funding and is backed by General Catalyst, Blend, Greystar, Invitation Homes, and Wells Fargo.
Investors in the round: Camber Creek, Eldridge Industries, General Catalyst, Left Lane Capital, Prosus Ventures
Industry: FinTech, Loyalty Programs, Real Estate, Rental Property
Founders: Ankur Jain
Founding year: 2021
Total equity funding raised: $413.3M