Top Business Models in United States Tech - 11 Aug 2023

TRACXN TOP BUSINESS MODELS REPORT
UNITED STATES TECH
August 11, 2023

Contents
United States Tech Funding
3
OverviewUnited States Tech
Top Funded Business Models 4
One Pagers 9
Appendix 59
2 United States Tech - Top Business Models Report Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
United States Tech - Funding in last 1 year
Y-o-Y Funding Funding by Geography Top Funding Rounds
OpenAI $10.0B - Series E
San Francisco (26%) (2015, San Francisco)
New York City (11%) Stripe $6.9B - Series I

(2009, San Francisco)
Palo Alto (3%)
Anduril $1.5B - Series E
(2017, Orange)
Cambridge (3%)
Inflection $1.3B - Series E
Boston (3%) (2022, Palo Alto)
Others (53%) SpaceX $750M - Series J

(2002, Hawthorne)
Fanatics $700M - Series E

$ Funding # Rounds (2011, Jacksonville)
Virgin Voyages $550M - Series D

Top Investors by Funding Rounds Top Feeds by $ Funding (2014, Plantation)
Y Combinator 233 AI Infrastructure $12.9B Smile Doctors $550M - Series D

Seed (2015, Georgetown)
Techstars 32
Stage
Alchemist Accelerator 27 Payments $8.5B Cengage Group $525M - Series D
(2007, Independence)
Andreessen Horowitz 50 Oncology $6.4B
Early Rippling
Gaingels 31 $500M - Series E
Stage (2016, San Francisco)
Y Combinator 31 Healthcare IT $5.6B
Odeko $500M - Series C
Andreessen Horowitz 18 Cybersecurity $5.3B (2019, New York City)
Late
Insight Partners 17 SandboxAQ
Stage $500M - Series A
Fidelity Investments 10 Genomics $3.4B (2022, Palo Alto)
United States Tech - Top Funded Business Models - last 1 year (1/5)
Rank Business Model $ Funding # Rounds Top Funding Round Details
1 -- Artificial General Intelligence $10.7B 3 OpenAI | $10.0B | Series E Link
2 -- Business Payments Solutions $6.9B 5 Stripe | $6.9B | Series I Link
3 ▼2 Oncology Drugs $4.7B 128 Everest Medic.. | $280M | Series D Link
4 -- C4ISR Systems $1.7B 6 Anduril | $1.5B | Series E Link
5 -- Military Drone $1.5B 3 Anduril | $1.5B | Series E Link
6 -- Personal Assistant Chatbot $1.5B 5 Inflection | $1.3B | Series E Link
7 ▲30 Drugs for Immunological Disorders $1.4B 18 Everest Medic.. | $280M | Series D Link
8 -- Drugs for Neurological Disorders $1.3B 31 Emalex Biosci.. | $250M | Series D Link
9 ▲7 Gene Therapy $1.2B 41 Cajal Neuros.. | $96.0M | Series A Link
10 -- Drugs for Inflammatory Diseases $1.0B 14 ACELYRIN | $300M | Series C Link
* Rank is based on $Invested in last 1 year in the Business Model. ▲- Indicates change in Rank from previous 1 year.
11 ▲3 Blockchain Networks $954M 40 Mysten Labs | $300M | Series B Link
12 ▼10 Reusable Launch Vehicles $860M 4 SpaceX | $750M | Series J Link
13 ▼7 Cloud Security $858M 12 Arctic Wolf | $401M | Series G Link
14 -- Content marketing Solution $824M 31 Muck Rack | $180M | Series A Link
15 ▼4 Data Security $777M 46 OneTrust | $150M | Series D Link
16 ▼9 Employee Benefits Software $776M 44 Gravie | $179M | Series F Link
17 -- Restaurants Management Software $762M 10 Odeko | $500M | Series C Link
18 ▼8 Online Licensed Sports Merchandise Retailer $739M 3 Fanatics | $700M | Series E Link
19 -- Endpoint Threat Detection & Response $641M 2 Arctic Wolf | $401M | Series G Link
20 -- Fuel From Waste $623M 5 LanzaTech | $500M | Series F Link
21 -- IT Asset Management $566M 6 Rippling | $500M | Series E Link
22 -- IoT Security $562M 10 SandboxAQ | $500M | Series A Link
23 ▲4 Retail Challenger Bank $555M 12 Tryllian Bank | $415M | Series D Link
24 -- Property Improvement Services $541M 5 Lessen | $500M | Series C Link
25 -- Student Job Skills Training for Universities $525M 1 Cengage Group | $525M | Series D Link
26 -- Secure Access Service Edge as Convergence $521M 2 Netskope | $401M | Series I Link
27 -- 3D Rendering Software $521M 3 CoreWeave | $221M | Series B Link
28 -- Fundraising Platform $516M 6 Clean Capital | $500M | Series B Link
29 -- HRMS for Small Business $515M 2 Rippling | $500M | Series E Link
30 ▲16 AI Processors $510M 11 Lightmatter | $154M | Series C Link
31 -- Carbon To Chemicals $500M 2 LanzaTech | $500M | Series F Link
32 -- Antibiotics $497M 11 Everest Medic.. | $280M | Series D Link
33 -- In Space Services $494M 17 Astranis | $200M | Series C Link
34 ▼33 Crypto Financial Services $490M 21 Matonee | $200M | Series D Link
35 -- PC and Console NFT Games $478M 9 Limit Break | $200M | Series D Link
36 -- Business Intelligence Software $470M 14 Sigma Computing | $340M | Series C Link
37 -- Metal Air Batteries $464M 2 Form Energy | $450M | Series E Link
38 -- Drug Modeling Software $460M 5 Asimov | $175M | Series B Link
39 -- Cardiology Image Analysis Software $459M 6 Cleerly | $223M | Series C Link
40 -- Conversational AI Platforms $450M 4 Anthropic | $450M | Series C Link
41 -- Managed Rental Property $446M 6 Flow Life | $350M | Series C Link
42 -- Cardiovascular Drugs $439M 7 Everest Medic.. | $280M | Series D Link
43 ▲2 Hydroponics Farming $435M 2 Gotham Greens | $310M | Series E Link
44 ▼24 Enterprise Data Management $423M 24 Alation | $123M | Series E Link
45 -- Radiological Image Analysis Software $419M 17 HeartFlow | $216M | Series F Link
46 -- Data Science Platforms $417M 6 Dataiku | $200M | Series F Link
47 -- Lithium Ion Secondary Batteries $403M 7 One | $300M | Series B Link
48 -- Cancer Diagnostics $402M 14 Exai Bio | $70.6M | Series B Link
Back to index
Artificial General Intelligence - United $10.7B ( -- )

01 States $ Invested in last 1 year in United
States Tech
OpenAI Adept Apprente 3 ( -- )

(2015, San Francisco, $11.3B) (2017, San Francisco, $415M) (2017, Palo Alto, $4.8M) # Funding Rounds in last 1 year in
United States Tech
Key Stats Recent Funding Rounds Taxonomy
OpenAI (2015, San Francisco) AI Infrastructure (Anaconda)

29 15 $300M - Series E - Apr 2023 (# Cos: 1541 | $33.5B)
Companies Funded Companies $10.0B - Series E - Jan 2023

Machine Intelligence Systems (Scale)
Adept (2017, San Francisco) (# Cos: 319 | $18.2B)
$350M - Series B - Mar 2023
Artificial General Intelligence (OpenAI)
$11.8B 2 Diveplane (2015, Raleigh)
$25.0M - Series A - Sep 2022
(# Cos: 29 | $11.8B)
Total $ Invested Soonicorn Club
- 2
IPOs Acquisitions
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Back to index
Business Payments Solutions - United $6.9B ( -- )

States Tech
Stripe Block Flutterwave 5 ( -- )

(2009, San Francisco, $9.2B) (2009, San Francisco, $520M) (2016, San Francisco, $489M) # Funding Rounds in last 1 year in
United States Tech
Stripe (2009, San Francisco) Payments (Payoneer)

764 76 $6.9B - Series I - May 2023 (# Cos: 4522 | $38.0B)
Companies Funded Companies P97 (2012, Houston) Business Payments (PayPal)

$40.7M - Series C - Mar 2023 (# Cos: 2743 | $21.3B)
Amberflo (2020, San Francisco)
Diversified (Stripe)
$11.1B 16 $15.0M - Series A - Jan 2023
(# Cos: 764 | $11.1B)
Total $ Invested Soonicorn Club Payabli (2020, Los Angeles)
$8.0M - Seed - Mar 2023
Edfapay (2022)
$3.2M - Seed - Jun 2023
7 56
IPOs Acquisitions
Back to index
$4.7B (▼12.8%)
03 Oncology Drugs - United States $ Invested in last 1 year in United
States Tech
Kite Pharma BeiGene Moderna 128 (▼11.7%)

(2009, Los Angeles, $97.7M) (2010, Cambridge, $172M) (2010, Cambridge, $2.8B) # Funding Rounds in last 1 year in
United States Tech
Everest Medic.. (2017, New York City) Oncology (Guardant Health)

1617 1135 $280M - Series D - Mar 2023 (# Cos: 2819 | $87.6B)
Companies Funded Companies Treeline Biosciences (2021, Stamford) Drugs (BeiGene)

$262M - Series B - Oct 2022 (# Cos: 1948 | $67.6B)
Cargo Therapeutics (2021, San Mateo)
Diversified (Kite Pharma)
$57.0B 291 $200M - Series A - Mar 2023
(# Cos: 1617 | $57.0B)
Total $ Invested Soonicorn Club Upstream Bio (2021, Waltham)
$200M - Series B - Jun 2023
Fog Pharmaceuticals (2015, Boston)
$178M - Series D - Nov 2022
283 185 Odyssey (2018, Cambridge)
IPOs Acquisitions
$168M - Series B - Oct 2022
TORL BioTherape.. (2019, Los Angeles)
$158M - Series B - Apr 2023
View all 128 Funding Rounds on Tracxn Platform
Back to index
$1.7B ( -- )
04 C4ISR Systems - United States $ Invested in last 1 year in United
States Tech
Anduril Shield AI AEye 6 ( -- )

(2017, Orange, $2.3B) (2015, San Diego, $549M) (2013, Pleasanton, $61.8M) # Funding Rounds in last 1 year in
United States Tech
Anduril (2017, Orange) Military Tech (Epirus)

239 86 $1.5B - Series E - Dec 2022 (# Cos: 464 | $4.9B)
Companies Funded Companies Vannevar Labs (2019, Palo Alto) Non Combat Systems (Shield AI)
$75.0M - Series B - Jan 2023 (# Cos: 320 | $4.5B)
Shield AI (2015, San Diego)
C4ISR (Anduril)
$3.8B 12 $60.0M - Series E - Dec 2022
(# Cos: 239 | $3.8B)
Total $ Invested Soonicorn Club Somewear (2016, San Francisco)
$15.7M - Series A - Sep 2022
Cspeed (2022, Palo Alto)
$15.0M - Series B - Apr 2023
9 50 Onebrief (2018, Austin)
IPOs Acquisitions
$14.8M - Series A - Oct 2022
Back to index
$1.5B ( -- )
05 Military Drone - United States $ Invested in last 1 year in United
States Tech
Northrop Grumman Anduril Shield AI 3 ( -- )

(1939, Los Angeles, $750M) (2017, Orange, $2.3B) (2015, San Diego, $549M) # Funding Rounds in last 1 year in
United States Tech
Anduril (2017, Orange) Drones (Skydio)

Companies Funded Companies Shield AI (2015, San Diego) Military Drones (Northrop Grumman)
$60.0M - Series E - Dec 2022 (# Cos: 74 | $3.7B)
Teal Drones (2014, Salt Lake City)
$3.7B 6 $1.2M - Series A - Jun 2023
3 9
IPOs Acquisitions
Back to index
Personal Assistant Chatbot - United $1.5B ( -- )

States Tech
Inflection Lingokids Character.ai 5 ( -- )

(2022, Palo Alto, $1.5B) (2014, Wilmington, $66.0M) (2022, Menlo Park, $193M) # Funding Rounds in last 1 year in
United States Tech
Inflection (2022, Palo Alto) Chatbots (Sprinklr)

172 57 $1.3B - Series E - Jun 2023 (# Cos: 1545 | $8.2B)
Companies Funded Companies Character.ai (2022, Menlo Park) Personal Assistants (Inflection)
$150M - Series A - Mar 2023 (# Cos: 172 | $2.1B)
millionways (2017, Newport Beach)
$2.1B 18 $10.0M - Seed - Apr 2023
Total $ Invested Soonicorn Club GYANT (2016, San Francisco)
$8.6M - Series A - Jun 2023
Foyer (2021, Lewes)
$8.4M - Series A - May 2023
1 10 Daimon Labs (2022, New York City)
IPOs Acquisitions
$1.5M - Seed - Mar 2023
Back to index
Drugs for Immunological Disorders - $1.4B (▲31.3%)

07 United States $ Invested in last 1 year in United
States Tech
Biogen Seres Therapeutics PureTech Health 18 (▼10%)

(1978, Cambridge, $80.0M) (2010, Cambridge, $134M) (2001, Boston, $107M) # Funding Rounds in last 1 year in
United States Tech
Everest Medic.. (2017, New York City) Immunology (Nimbus Therapeutics)

Companies Funded Companies Upstream Bio (2021, Waltham) Drugs (Moderna)

$200M - Series B - Jun 2023 (# Cos: 518 | $21.8B)
Aera (2021, Boston)
Diversified (Biogen)
$8.4B 44 $193M - Series B - Feb 2023
(# Cos: 192 | $8.4B)
Total $ Invested Soonicorn Club Apogee Therap.. (2022, San Francisco)
$149M - Series B - Dec 2022
Flare Therapeutics (2021, Cambridge)
34 32 Vedanta Biosciences (2010, Cambridge)
IPOs Acquisitions
$107M - Series E - Apr 2023
Garuda (2021, Natick)
$62.1M - Series B - Feb 2023
Back to index
Drugs for Neurological Disorders - $1.3B ( -- )

States Tech
PTC Therapeutics PureTech Health Neumora 31 ( -- )

(1998, South Plainfield, $248M) (2001, Boston, $107M) (2020, Watertown, $612M) # Funding Rounds in last 1 year in
United States Tech
Emalex Biosciences (2018, Northbrook) Neurology (PureTech Health)

248 180 $250M - Series D - Nov 2022 (# Cos: 1607 | $27.9B)
Companies Funded Companies Septerna (2020, San Bruno) Drugs (Biogen)

$150M - Series B - Jul 2023 (# Cos: 975 | $22.2B)
Diversified (PTC Therapeutics)
$8.0B 36 $123M - Series B - Mar 2023
(# Cos: 248 | $8.0B)
Total $ Invested Soonicorn Club Neumora (2020, Watertown)
Rapport (2022, Boston)
$100M - Series A - Mar 2023
33 22 Perceive Bio (2021, San Francisco)
IPOs Acquisitions
$78.0M - Series B - Jan 2023
Neurona Thera.. (2008, San Francisco)
$72.0M - Series D - Dec 2022
Back to index
$1.2B (▼29.8%)
09 Gene Therapy - United States $ Invested in last 1 year in United
States Tech
Alnylam Spark Therapeutics Forge Biologics 41 (▲7.9%)

(2002, Cambridge, $17.0M) (2013, Philadelphia, $82.8M) (2020, Columbus, $330M) # Funding Rounds in last 1 year in
United States Tech
Cajal Neuroscience (2020, Seattle) Genomics (Human Longevity)

363 265 $96.0M - Series A - Nov 2022 (# Cos: 3773 | $69.9B)
Companies Funded Companies Forge Biologics (2020, Columbus) Applied Genomics (Ginkgo Bioworks)
$90.0M - Series C - Sep 2022 (# Cos: 2182 | $47.1B)
QurAlis (2016, Cambridge)
Clinical Genomics (Guardant Health)
$14.6B 83 $88.0M - Series B - Mar 2023
(# Cos: 1215 | $35.8B)
Total $ Invested Soonicorn Club Ring Therapeutics (2018, Cambridge)
$86.5M - Series C - Mar 2023 Therapeutics (Alnylam)
(# Cos: 363 | $14.6B)
Ensoma (2019, Boston)
$85.0M - Series B - Jan 2023
58 53 Rezo (2021, San Francisco)
IPOs Acquisitions
$78.0M - Series A - Nov 2022
iECURE (2020, Philadelphia)
$65.0M - Series A - Nov 2022
Back to index
Drugs for Inflammatory Diseases - $1.0B ( -- )

States Tech
Nimbus Therapeutics Aclaris Therapeutics Odyssey 14 ( -- )

(2009, Cambridge, $427M) (2012, Malvern, $82.0M) (2018, Cambridge, $386M) # Funding Rounds in last 1 year in
United States Tech
ACELYRIN (2020, Los Angeles) Immunology (Moderna)

148 107 $300M - Series C - Sep 2022 (# Cos: 576 | $22.5B)
Companies Funded Companies Odyssey (2018, Cambridge) Drugs (Biogen)

Septerna (2020, San Bruno)
Inflammatory Diseases (Nimbus
$4.4B 19 $150M - Series B - Jul 2023
Therapeutics)
Total $ Invested Soonicorn Club Nimbus Therapeutics (2009, Cambridge) (# Cos: 148 | $4.4B)
$125M - Series E - Sep 2022
Escient Pharmaceu.. (2017, San Diego)
$120M - Series C - Nov 2022
15 17 Evommune (2020, Sacramento)
IPOs Acquisitions
$50.0M - Series B - Apr 2023
Olatec (2003, New York City)
$40.0M - Series A - Feb 2023
Back to index
$954M (▼46.2%)
11 Blockchain Networks - United States $ Invested in last 1 year in United
States Tech
Ripple Algorand Solana 40 (▼9.1%)

(2011, San Francisco, $295M) (2017, Boston, $66.0M) (2018, San Francisco, $374M) # Funding Rounds in last 1 year in
United States Tech
Mysten Labs (2021, Palo Alto) Blockchain Infrastructure (Alchemy)

389 190 $300M - Series B - Sep 2022 (# Cos: 1810 | $12.0B)
Companies Funded Companies DeSo (2021, Los Altos) Blockchain Network (Ripple)
$200M - Series D - Oct 2022 (# Cos: 389 | $4.4B)
Futureverse (2022, Los Angeles)
$4.4B 48 $54.0M - Series A - Jul 2023
Total $ Invested Soonicorn Club EigenLayer (2021, Seattle)
$50.0M - Series A - Mar 2023
Horizon (2015, Mountain View)
$40.0M - Series A - Oct 2022
2 8 Story Protocol (2022, San Francisco)
IPOs Acquisitions
$29.3M - Seed - May 2023
Fleek (2018, New York City)
$25.0M - Series A - Dec 2022
Back to index
$860M (▼77.9%)
12 Reusable Launch Vehicles - United States $ Invested in last 1 year in United
States Tech
SpaceX STOKE Blue Origin 4 (▼42.9%)

(2002, Hawthorne, $11.6B) (2018, Seattle, $74.1M) (2000, Kent) # Funding Rounds in last 1 year in
United States Tech
SpaceX (2002, Hawthorne) NewSpace (Planet)

8 3 $750M - Series J - Jan 2023 (# Cos: 626 | $23.0B)
Companies Funded Companies $9.8M - Series J - Sep 2022

Launch Vehicles (Rocket Lab)
$100M - Angel - Aug 2022 (# Cos: 66 | $14.3B)
STOKE (2018, Seattle)
Undisclosed - Series A - May 2023 Large Payload (STOKE)
$11.7B 2 (# Cos: 15 | $11.7B)
Reusable (SpaceX)
(# Cos: 8 | $11.7B)
- 1
IPOs Acquisitions
Back to index
$858M (▼64.3%)
13 Cloud Security - United States $ Invested in last 1 year in United
States Tech
Netskope Cisco Aviatrix 12 (▼50%)

(2012, Santa Clara, $1.4B) (1984, San Jose, $2.5M) (2014, Santa Clara, $346M) # Funding Rounds in last 1 year in
United States Tech
Arctic Wolf (2012, Sunnyvale) Cloud Infrastructure (VMware)

184 124 $401M - Series G - Oct 2022 (# Cos: 841 | $19.2B)
Companies Funded Companies Netskope (2012, Santa Clara) Cloud Security (Netskope)
$401M - Series I - Jan 2023 (# Cos: 184 | $9.9B)
SaaS Alerts (2019, Wilmington)
$9.9B 71 $22.0M - Series A - Sep 2022
Total $ Invested Soonicorn Club Gem Security (2022, New York)
$11.0M - Seed - Feb 2023
Spyderbat (2019, Austin)
$10.0M - Series A - Oct 2022
4 58 Sonet.io (2020, San Jose)
IPOs Acquisitions
$6.0M - Seed - Apr 2023
Stack Identity (2020, Menlo Park)
$4.0M - Seed - Apr 2023
Back to index
Content marketing Solution - United $824M ( -- )

States Tech
Seismic Adobe Taboola 31 ( -- )

(2010, San Diego, $440M) (1982, San Jose) (2007, New York City, $160M) # Funding Rounds in last 1 year in
United States Tech
Muck Rack (2009, New York City) MarketingTech (Applovin)

1468 456 $180M - Series A - Sep 2022 (# Cos: 14016 | $51.9B)
Companies Funded Companies Runway (2018, New York City) Content Marketing (Seismic)
$141M - Series C - Jun 2023 (# Cos: 1468 | $4.7B)
$50.0M - Series C - Dec 2022
$4.7B 87 Typeface (2022, San Francisco)

$65.0M - Series A - Feb 2023
Jasper (2020, Austin)
$141M - Series A - Oct 2022
7 122 Tenovos (2018, New York City)
IPOs Acquisitions $10.0M - Series B - Nov 2022
Back to index
$777M (▼57.6%)
15 Data Security - United States $ Invested in last 1 year in United
States Tech
Dialpad DuckDuckGo Slack 46 (▼37.8%)

(2011, San Francisco, $476M) (2008, Paoli, $113M) (2009, San Francisco, $1.2B) # Funding Rounds in last 1 year in
United States Tech
OneTrust (2016, Atlanta) Cybersecurity (Malwarebytes)

2047 739 $150M - Series D - Jul 2023 (# Cos: 7423 | $82.7B)
Companies Funded Companies $50.0M - Series C - Mar 2023

Data Security (Dialpad)
SECURITI (2018, San Jose) (# Cos: 2047 | $14.8B)
$75.0M - Series C - Oct 2022
$14.8B 189 Simpplr (2014, Milpitas)

$70.0M - Series D - May 2023
Dialpad (2011, San Francisco)
$50.0M - Series F - Dec 2022
Protect AI (2022, Seattle)
37 234 $35.0M - Series A - Jul 2023
IPOs Acquisitions
Modulate (2017, Cambridge)
$30.0M - Series A - Aug 2022
Back to index
Employee Benefits Software - United $776M (▼65.8%)

States Tech
Accolade Gympass DailyPay 44 (▼50%)

(2007, Plymouth Meeting, $213M) (2012, New York City, $710M) (2015, New York City, $189M) # Funding Rounds in last 1 year in
United States Tech
Gravie (2013, Minneapolis) HRTech (Workday)

1127 462 $179M - Series F - Mar 2023 (# Cos: 11495 | $49.8B)
Companies Funded Companies Maven (2014, New York City) Employee Benefits (Accolade)
$90.0M - Series E - Nov 2022 (# Cos: 1127 | $12.6B)
Rain (2002, Los Angeles)
$12.6B 138 $66.0M - Series A - Mar 2023
Total $ Invested Soonicorn Club HealthJoy (2014, Chicago)
$60.0M - Series D - Oct 2022
Valera Health (2015, New York City)
$45.0M - Series B - Oct 2022
14 144 Carrum Health (2013, San Mateo)
IPOs Acquisitions
$45.0M - Series B - May 2023
Amino (2013, San Francisco)
$38.0M - Series D - May 2023
Back to index
Restaurants Management Software - $762M ( -- )

States Tech
SpotOn Toast Olo 10 ( -- )

(2017, San Francisco, $900M) (2011, Boston, $896M) (2005, New York City, $70.0M) # Funding Rounds in last 1 year in
United States Tech
Odeko (2019, New York City) Food Tech (DoorDash)

323 67 $53.6M - Series D - Apr 2023 (# Cos: 5730 | $30.8B)
Companies Funded Companies $500M - Series C - Jan 2023

Technology Enablers (NCR)
Restaurant365 (2011, Irvine) (# Cos: 1847 | $9.7B)
$135M - Series C - May 2023
Restaurants (Block)
$4.3B 23 MarginEdge (2015, Arlington)
$45.0M - Series C - Dec 2022
(# Cos: 1487 | $8.7B)
Restik (2016, Greenup) Suite (SpotOn)
$11.9M - Series B - May 2023 (# Cos: 323 | $4.3B)
BUTTER (2020, San Francisco)

2 22 $9.0M - Series A - Nov 2022
IPOs Acquisitions
Minitable (2019, New York City)
$3.3M - Seed - Nov 2022
Back to index
Online Licensed Sports Merchandise $739M (▼60.6%)

18 Retailer - United States $ Invested in last 1 year in United
States Tech
Fanatics Fanatics FanCraze 3 (▼25%)

(2011, Jacksonville, $5.0B) (2002, Jacksonville) (2021, San Francisco, $100M) # Funding Rounds in last 1 year in
United States Tech
Fanatics (2011, Jacksonville) Sports Tech (Topgolf)

47 16 $700M - Series E - Dec 2022 (# Cos: 5447 | $14.9B)
Companies Funded Companies Candy (2020, Rockland) E-Commerce (TeamSnap)

$38.4M - Series A - Jan 2023 (# Cos: 884 | $6.1B)
Loupe (2020, Los Angeles)
Licensed Merchandise (FanCraze)
$5.3B 8 $150K - Series A - Aug 2023
(# Cos: 54 | $5.3B)
Multi Sports (Fanatics)
(# Cos: 47 | $5.3B)
- 2
IPOs Acquisitions
Back to index
Endpoint Threat Detection & Response - $641M ( -- )

States Tech
Arctic Wolf Red Canary Huntress 2 ( -- )

(2012, Sunnyvale, $879M) (2014, Denver, $130M) (2015, Ellicott City, $118M) # Funding Rounds in last 1 year in
United States Tech
Arctic Wolf (2012, Sunnyvale) Cybersecurity (Palo Alto Networks)

Companies Funded Companies deepwatch (2015, St. Petersburg) Endpoint Security (Malwarebytes)
$180M - Series C - Feb 2023 (# Cos: 457 | $9.7B)
Huntress (2015, Ellicott City)
Incident Detection & Response (Arctic
$2.0B 9 $60.0M - Series C - May 2023
Wolf)
Total $ Invested Soonicorn Club (# Cos: 35 | $2.0B)
1 10
IPOs Acquisitions
Back to index
Artificial General Intelligence - United $10.7B ( -- )

States Tech
OpenAI Adept Apprente 3 ( -- )

(2015, San Francisco, $11.3B) (2017, San Francisco, $415M) (2017, Palo Alto, $4.8M) # Funding Rounds in last 1 year in
United States Tech
OpenAI (2015, San Francisco) AI Infrastructure (Dataiku)

29 15 $300M - Series E - Apr 2023 (# Cos: 1542 | $33.5B)
Companies Funded Companies $10.0B - Series E - Jan 2023

Machine Intelligence Systems (Scale)
Adept (2017, San Francisco) (# Cos: 321 | $18.2B)
Artificial General Intelligence (OpenAI)
$11.8B 2 Diveplane (2015, Raleigh)
$25.0M - Series A - Sep 2022
(# Cos: 29 | $11.8B)
- 2
IPOs Acquisitions
Back to index
Business Payments Solutions - United $6.9B ( -- )

States Tech
Stripe Block Flutterwave 5 ( -- )

(2009, San Francisco, $9.2B) (2009, San Francisco, $520M) (2016, San Francisco, $489M) # Funding Rounds in last 1 year in
United States Tech
Stripe (2009, San Francisco) Payments (Payoneer)

764 76 $6.9B - Series I - May 2023 (# Cos: 4522 | $38.0B)
Companies Funded Companies P97 (2012, Houston) Business Payments (PayPal)

Amberflo (2020, San Francisco)
Diversified (Stripe)
$11.1B 16 $15.0M - Series A - Jan 2023
(# Cos: 764 | $11.1B)
Total $ Invested Soonicorn Club Payabli (2020, Los Angeles)
$8.0M - Seed - Mar 2023
Edfapay (2022)
$3.2M - Seed - Jun 2023
7 56
IPOs Acquisitions
Back to index
$4.7B (▼12.8%)
03 Oncology Drugs - United States $ Invested in last 1 year in United
States Tech
Kite Pharma BeiGene Moderna 128 (▼11.7%)

(2009, Los Angeles, $97.7M) (2010, Cambridge, $172M) (2010, Cambridge, $2.8B) # Funding Rounds in last 1 year in
United States Tech
Everest Medic.. (2017, New York City) Oncology (Guardant Health)

Companies Funded Companies Treeline Biosciences (2021, Stamford) Drugs (BeiGene)

Cargo Therapeutics (2021, San Mateo)
Diversified (Kite Pharma)
$57.0B 291 $200M - Series A - Mar 2023
(# Cos: 1617 | $57.0B)
Total $ Invested Soonicorn Club Upstream Bio (2021, Waltham)
Fog Pharmaceuticals (2015, Boston)
$178M - Series D - Nov 2022
282 185 Odyssey (2018, Cambridge)
IPOs Acquisitions
TORL BioTherape.. (2019, Los Angeles)
$158M - Series B - Apr 2023
Back to index
$1.7B ( -- )
04 C4ISR Systems - United States $ Invested in last 1 year in United
States Tech
Anduril Shield AI AEye 6 ( -- )

(2017, Orange, $2.3B) (2015, San Diego, $549M) (2013, Pleasanton, $61.8M) # Funding Rounds in last 1 year in
United States Tech
Anduril (2017, Orange) Military Tech (Epirus)

Companies Funded Companies Vannevar Labs (2019, Palo Alto) Non Combat Systems (Shield AI)
Shield AI (2015, San Diego)
C4ISR (Anduril)
$3.8B 12 $60.0M - Series E - Dec 2022
(# Cos: 239 | $3.8B)
Total $ Invested Soonicorn Club Somewear (2016, San Francisco)
$15.7M - Series A - Sep 2022
Cspeed (2022, Palo Alto)
$15.0M - Series B - Apr 2023
9 50 Onebrief (2018, Austin)
IPOs Acquisitions
$14.8M - Series A - Oct 2022
Back to index
$1.5B ( -- )
05 Military Drone - United States $ Invested in last 1 year in United
States Tech
Northrop Grumman Anduril Shield AI 3 ( -- )

(1939, Los Angeles, $750M) (2017, Orange, $2.3B) (2015, San Diego, $549M) # Funding Rounds in last 1 year in
United States Tech
Anduril (2017, Orange) Drones (Skydio)

Companies Funded Companies Shield AI (2015, San Diego) Military Drones (Northrop Grumman)
$60.0M - Series E - Dec 2022 (# Cos: 74 | $3.7B)
Teal Drones (2014, Salt Lake City)
$3.7B 6 $1.2M - Series A - Jun 2023
3 9
IPOs Acquisitions
Back to index
Personal Assistant Chatbot - United $1.5B ( -- )

States Tech
Inflection Lingokids Character.ai 5 ( -- )

(2022, Palo Alto, $1.5B) (2014, Wilmington, $66.0M) (2022, Menlo Park, $193M) # Funding Rounds in last 1 year in
United States Tech
Inflection (2022, Palo Alto) Chatbots (Sprinklr)

172 57 $1.3B - Series E - Jun 2023 (# Cos: 1546 | $8.2B)
Companies Funded Companies Character.ai (2022, Menlo Park) Personal Assistants (Inflection)
$150M - Series A - Mar 2023 (# Cos: 172 | $2.1B)
millionways (2017, Newport Beach)
$2.1B 18 $10.0M - Seed - Apr 2023
Total $ Invested Soonicorn Club GYANT (2016, San Francisco)
Foyer (2021, Lewes)
$8.4M - Series A - May 2023
1 10 Daimon Labs (2022, New York City)
IPOs Acquisitions
$1.5M - Seed - Mar 2023
Back to index
Drugs for Immunological Disorders - $1.4B (▲31.3%)

States Tech
Biogen Seres Therapeutics PureTech Health 18 (▼10%)

(1978, Cambridge, $80.0M) (2010, Cambridge, $134M) (2001, Boston, $107M) # Funding Rounds in last 1 year in
United States Tech
Everest Medic.. (2017, New York City) Immunology (Nimbus Therapeutics)

Companies Funded Companies Upstream Bio (2021, Waltham) Drugs (Moderna)

Aera (2021, Boston)
Diversified (Biogen)
$8.4B 44 $193M - Series B - Feb 2023
(# Cos: 192 | $8.4B)
Total $ Invested Soonicorn Club Apogee Therap.. (2022, San Francisco)
$149M - Series B - Dec 2022
34 32 Vedanta Biosciences (2010, Cambridge)
IPOs Acquisitions
$107M - Series E - Apr 2023
Garuda (2021, Natick)
$62.1M - Series B - Feb 2023
Back to index
Drugs for Neurological Disorders - $1.3B ( -- )

States Tech
PTC Therapeutics PureTech Health Neumora 31 ( -- )

(1998, South Plainfield, $248M) (2001, Boston, $107M) (2020, Watertown, $612M) # Funding Rounds in last 1 year in
United States Tech
Emalex Biosciences (2018, Northbrook) Neurology (PureTech Health)

Companies Funded Companies Septerna (2020, San Bruno) Drugs (Biogen)

$150M - Series B - Jul 2023 (# Cos: 975 | $22.2B)
Diversified (PTC Therapeutics)
$8.0B 36 $123M - Series B - Mar 2023
(# Cos: 248 | $8.0B)
Total $ Invested Soonicorn Club Neumora (2020, Watertown)
Rapport (2022, Boston)
$100M - Series A - Mar 2023
33 22 Perceive Bio (2021, San Francisco)
IPOs Acquisitions
$78.0M - Series B - Jan 2023
Neurona Thera.. (2008, San Francisco)
$72.0M - Series D - Dec 2022
Back to index
$1.2B (▼29.8%)
09 Gene Therapy - United States $ Invested in last 1 year in United
States Tech
Alnylam Spark Therapeutics Forge Biologics 41 (▲7.9%)

(2002, Cambridge, $17.0M) (2013, Philadelphia, $82.8M) (2020, Columbus, $330M) # Funding Rounds in last 1 year in
United States Tech
Cajal Neuroscience (2020, Seattle) Genomics (Human Longevity)

363 265 $96.0M - Series A - Nov 2022 (# Cos: 3772 | $69.7B)
Companies Funded Companies Forge Biologics (2020, Columbus) Applied Genomics (Ginkgo Bioworks)
$90.0M - Series C - Sep 2022 (# Cos: 2181 | $46.9B)
QurAlis (2016, Cambridge)
Clinical Genomics (Guardant Health)
$14.6B 83 $88.0M - Series B - Mar 2023
(# Cos: 1215 | $35.8B)
Total $ Invested Soonicorn Club Ring Therapeutics (2018, Cambridge)
$86.5M - Series C - Mar 2023 Therapeutics (Alnylam)
(# Cos: 363 | $14.6B)
Ensoma (2019, Boston)
$85.0M - Series B - Jan 2023
58 53 Rezo (2021, San Francisco)
IPOs Acquisitions
$78.0M - Series A - Nov 2022
iECURE (2020, Philadelphia)
$65.0M - Series A - Nov 2022
Back to index
Drugs for Inflammatory Diseases - $1.0B ( -- )

States Tech
Nimbus Therapeutics Aclaris Therapeutics Odyssey 14 ( -- )

(2009, Cambridge, $427M) (2012, Malvern, $82.0M) (2018, Cambridge, $386M) # Funding Rounds in last 1 year in
United States Tech
ACELYRIN (2020, Los Angeles) Immunology (Moderna)

148 107 $300M - Series C - Sep 2022 (# Cos: 577 | $22.5B)
Companies Funded Companies Odyssey (2018, Cambridge) Drugs (Biogen)

Septerna (2020, San Bruno)
Inflammatory Diseases (Nimbus
$4.4B 19 $150M - Series B - Jul 2023
Therapeutics)
Total $ Invested Soonicorn Club Nimbus Therapeutics (2009, Cambridge) (# Cos: 148 | $4.4B)
$125M - Series E - Sep 2022
Escient Pharmaceu.. (2017, San Diego)
$120M - Series C - Nov 2022
15 17 Evommune (2020, Sacramento)
IPOs Acquisitions
$50.0M - Series B - Apr 2023
Olatec (2003, New York City)
$40.0M - Series A - Feb 2023
Back to index
$954M (▼46.2%)
11 Blockchain Networks - United States $ Invested in last 1 year in United
States Tech
Ripple Algorand Solana 40 (▼9.1%)

(2011, San Francisco, $295M) (2017, Boston, $66.0M) (2018, San Francisco, $374M) # Funding Rounds in last 1 year in
United States Tech
Mysten Labs (2021, Palo Alto) Blockchain Infrastructure (Alchemy)

389 188 $300M - Series B - Sep 2022 (# Cos: 1821 | $12.0B)
Companies Funded Companies DeSo (2021, Los Altos) Blockchain Network (Ripple)
Futureverse (2022, Los Angeles)
$4.4B 49 $54.0M - Series A - Jul 2023
Total $ Invested Soonicorn Club EigenLayer (2021, Seattle)
$50.0M - Series A - Mar 2023
Horizon (2015, Mountain View)
$40.0M - Series A - Oct 2022
2 8 Story Protocol (2022, San Francisco)
IPOs Acquisitions
$29.3M - Seed - May 2023
Fleek (2018, New York City)
$25.0M - Series A - Dec 2022
Back to index
$860M (▼77.9%)
12 Reusable Launch Vehicles - United States $ Invested in last 1 year in United
States Tech
SpaceX STOKE Blue Origin 4 (▼42.9%)

(2002, Hawthorne, $11.6B) (2018, Seattle, $74.1M) (2000, Kent) # Funding Rounds in last 1 year in
United States Tech
SpaceX (2002, Hawthorne) NewSpace (Planet)

8 3 $750M - Series J - Jan 2023 (# Cos: 626 | $23.0B)
Companies Funded Companies $9.8M - Series J - Sep 2022

Launch Vehicles (Rocket Lab)
$100M - Angel - Aug 2022 (# Cos: 66 | $14.3B)
STOKE (2018, Seattle)
Undisclosed - Series A - May 2023 Large Payload (STOKE)
$11.7B 2 (# Cos: 15 | $11.7B)
Reusable (SpaceX)
(# Cos: 8 | $11.7B)
- 1
IPOs Acquisitions
Back to index
$858M (▼64.3%)
13 Cloud Security - United States $ Invested in last 1 year in United
States Tech
Netskope Cisco Aviatrix 12 (▼50%)

(2012, Santa Clara, $1.4B) (1984, San Jose, $2.5M) (2014, Santa Clara, $346M) # Funding Rounds in last 1 year in
United States Tech
Arctic Wolf (2012, Sunnyvale) Cloud Infrastructure (VMware)

Companies Funded Companies Netskope (2012, Santa Clara) Cloud Security (Netskope)
$401M - Series I - Jan 2023 (# Cos: 184 | $9.9B)
SaaS Alerts (2019, Wilmington)
$9.9B 71 $22.0M - Series A - Sep 2022
Total $ Invested Soonicorn Club Gem Security (2022, New York)
$11.0M - Seed - Feb 2023
Spyderbat (2019, Austin)
$10.0M - Series A - Oct 2022
4 58 Sonet.io (2020, San Jose)
IPOs Acquisitions
$6.0M - Seed - Apr 2023
Stack Identity (2020, Menlo Park)
$4.0M - Seed - Apr 2023
Back to index
Content marketing Solution - United $824M ( -- )

States Tech
Seismic Adobe Taboola 31 ( -- )

(2010, San Diego, $440M) (1982, San Jose) (2007, New York City, $160M) # Funding Rounds in last 1 year in
United States Tech
Muck Rack (2009, New York City) MarketingTech (Applovin)

1471 456 $180M - Series A - Sep 2022 (# Cos: 14021 | $51.8B)
Companies Funded Companies Runway (2018, New York City) Content Marketing (Seismic)
$141M - Series C - Jun 2023 (# Cos: 1471 | $4.7B)
$50.0M - Series C - Dec 2022
$4.7B 87 Typeface (2022, San Francisco)

$65.0M - Series A - Feb 2023
Jasper (2020, Austin)
$141M - Series A - Oct 2022
7 122 Tenovos (2018, New York City)
IPOs Acquisitions $10.0M - Series B - Nov 2022
Back to index
$777M (▼57.6%)
15 Data Security - United States $ Invested in last 1 year in United
States Tech
Dialpad DuckDuckGo Brave 46 (▼37.8%)

(2011, San Francisco, $476M) (2008, Paoli, $113M) (2015, San Francisco, $7.0M) # Funding Rounds in last 1 year in
United States Tech
OneTrust (2016, Atlanta) Cybersecurity (Palo Alto Networks)

2051 740 $150M - Series D - Jul 2023 (# Cos: 7436 | $82.7B)
Companies Funded Companies $50.0M - Series C - Mar 2023

Data Security (Dialpad)
SECURITI (2018, San Jose) (# Cos: 2051 | $14.8B)
$75.0M - Series C - Oct 2022
$14.8B 189 Simpplr (2014, Milpitas)

$70.0M - Series D - May 2023
Dialpad (2011, San Francisco)
$50.0M - Series F - Dec 2022
Protect AI (2022, Seattle)
37 234 $35.0M - Series A - Jul 2023
IPOs Acquisitions
Modulate (2017, Cambridge)
$30.0M - Series A - Aug 2022
Back to index
Employee Benefits Software - United $776M (▼65.8%)

States Tech
Accolade Gympass DailyPay 44 (▼50%)

(2007, Plymouth Meeting, $213M) (2012, New York City, $710M) (2015, New York City, $189M) # Funding Rounds in last 1 year in
United States Tech
Gravie (2013, Minneapolis) HRTech (Workday)

1127 461 $179M - Series F - Mar 2023 (# Cos: 11519 | $49.9B)
Companies Funded Companies Maven (2014, New York City) Employee Benefits (Accolade)
$90.0M - Series E - Nov 2022 (# Cos: 1127 | $12.6B)
Rain (2002, Los Angeles)
$12.6B 138 $66.0M - Series A - Mar 2023
Total $ Invested Soonicorn Club HealthJoy (2014, Chicago)
$60.0M - Series D - Oct 2022
Valera Health (2015, New York City)
$45.0M - Series B - Oct 2022
14 143 Carrum Health (2013, San Mateo)
IPOs Acquisitions
$45.0M - Series B - May 2023
Amino (2013, San Francisco)
$38.0M - Series D - May 2023
Back to index
Restaurants Management Software - $762M ( -- )

States Tech
SpotOn Toast Zenput 10 ( -- )

(2017, San Francisco, $900M) (2011, Boston, $896M) (2011, San Francisco, $47.0M) # Funding Rounds in last 1 year in
United States Tech
Odeko (2019, New York City) Food Tech (DoorDash)

324 67 $53.6M - Series D - Apr 2023 (# Cos: 5736 | $30.8B)
Companies Funded Companies $500M - Series C - Jan 2023

Technology Enablers (Toast)
Restaurant365 (2011, Irvine) (# Cos: 1848 | $9.7B)
$135M - Series C - May 2023
Restaurants (Block)
$4.3B 23 MarginEdge (2015, Arlington)
$45.0M - Series C - Dec 2022
(# Cos: 1488 | $8.7B)
Restik (2016, Greenup) Suite (SpotOn)
BUTTER (2020, San Francisco)

2 22 $9.0M - Series A - Nov 2022
IPOs Acquisitions
Minitable (2019, New York City)
$3.3M - Seed - Nov 2022
Back to index
Online Licensed Sports Merchandise $739M (▼60.6%)

18 Retailer - United States $ Invested in last 1 year in United
States Tech
Fanatics Fanatics FanCraze 3 (▼25%)

(2011, Jacksonville, $5.0B) (2002, Jacksonville) (2021, San Francisco, $100M) # Funding Rounds in last 1 year in
United States Tech
Fanatics (2011, Jacksonville) Sports Tech (FanDuel)

47 16 $700M - Series E - Dec 2022 (# Cos: 5460 | $14.9B)
Companies Funded Companies Candy (2020, Rockland) E-Commerce (TeamSnap)

$38.4M - Series A - Jan 2023 (# Cos: 885 | $6.1B)
Loupe (2020, Los Angeles)
Licensed Merchandise (FanCraze)
$5.3B 8 $150K - Series A - Aug 2023
(# Cos: 54 | $5.3B)
Multi Sports (Fanatics)
(# Cos: 47 | $5.3B)
- 2
IPOs Acquisitions
Back to index
Endpoint Threat Detection & Response - $641M ( -- )

States Tech
Arctic Wolf Red Canary Huntress 2 ( -- )

(2012, Sunnyvale, $879M) (2014, Denver, $130M) (2015, Ellicott City, $118M) # Funding Rounds in last 1 year in
United States Tech
Arctic Wolf (2012, Sunnyvale) Cybersecurity (Palo Alto Networks)

Companies Funded Companies deepwatch (2015, St. Petersburg) Endpoint Security (Malwarebytes)
$180M - Series C - Feb 2023 (# Cos: 458 | $9.7B)
Huntress (2015, Ellicott City)
Incident Detection & Response (Arctic
$2.0B 9 $60.0M - Series C - May 2023
Wolf)
1 10
IPOs Acquisitions
Back to index
$623M ( -- )
20 Fuel From Waste - United States $ Invested in last 1 year in United
States Tech
LanzaTech Charm Industrial WasteFuel 5 ( -- )

(2005, Skokie, $869M) (2018, San Francisco, $100M) (2019, Los Angeles, $22.7M) # Funding Rounds in last 1 year in
United States Tech
LanzaTech (2005, Skokie) Solid Waste Management Tech (AMP Robotics)

38 20 $500M - Series F - Nov 2022 (# Cos: 421 | $6.6B)
Companies Funded Companies Charm Industr.. (2018, San Francisco) Waste-To-Energy (Crusoe)
WasteFuel (2019, Los Angeles)
Fuel (LanzaTech)
$2.0B 7 $10.0M - Series B - Jul 2023
(# Cos: 38 | $2.0B)
Total $ Invested Soonicorn Club $12.7M - Series A - Feb 2023
ECO Integrated Techn.. (2013, Irvine)
Undisclosed - Series A - Feb 2023
2 2
IPOs Acquisitions
Back to index
$566M ( -- )
21 IT Asset Management - United States $ Invested in last 1 year in United
States Tech
Rippling JupiterOne Kandji 6 ( -- )

(2016, San Francisco, $1.2B) (2018, Morrisville, $119M) (2018, San Diego, $189M) # Funding Rounds in last 1 year in
United States Tech
Rippling (2016, San Francisco) IT Operations (Splunk)

147 60 $500M - Series E - Mar 2023 (# Cos: 2193 | $27.4B)
Companies Funded Companies Sitetracker (2013, Palo Alto) ITSM (Rubrik)

Undisclosed - Series D - Oct 2022 (# Cos: 827 | $9.8B)
$66.0M - Series D - Sep 2022
Asset Management (Rippling)
$2.6B 15 Addigy (2013, Miami)
Undisclosed - Series A - Aug 2022
(# Cos: 147 | $2.6B)
MCIM (2012, Glen Allen)
Undisclosed - Seed - Jan 2023
Noetic (2019, Waltham)
2 39 Undisclosed - Series A - Oct 2022
IPOs Acquisitions
Back to index
$562M ( -- )
22 IoT Security - United States $ Invested in last 1 year in United
States Tech
Armis Security Ordr Keyfactor 10 ( -- )

(2015, Palo Alto, $600M) (2015, Santa Clara, $90.0M) (2001, Independence, $218M) # Funding Rounds in last 1 year in
United States Tech
SandboxAQ (2022, Palo Alto) Internet of Things Infrastructure (Cradlepoint)

196 110 $500M - Series A - Feb 2023 (# Cos: 1390 | $17.0B)
Companies Funded Companies Eclypsium (2017, San Francisco) IoT Security (Armis Security)
$38.0M - Series B - Aug 2022 (# Cos: 196 | $3.2B)
NetRise (2020, Austin)
$3.2B 43 $8.0M - Series A - Apr 2023
Total $ Invested Soonicorn Club Perygee (2019, Boston)
$4.8M - Seed - Oct 2022
Escape (2020, Berkeley)
$3.9M - Seed - Jun 2023
1 25 Radical Semicon.. (2019, Studio City)
IPOs Acquisitions
$3.8M - Series A - Feb 2023
Zymbit (2014, California)
$1.6M - Seed - Feb 2023
Back to index
$555M (▼51.5%)
23 Retail Challenger Bank - United States $ Invested in last 1 year in United
States Tech
Chime Stash Zolve 12 (▼50%)

(2012, San Francisco, $2.1B) (2015, New York City, $448M) (2020, New York City, $55.0M) # Funding Rounds in last 1 year in
United States Tech
Tryllian Bank (2021, Los Angeles) Banking Tech (TransUnion)

Companies Funded Companies Greenwood (2020, Atlanta) Internet First Banks (Novo)
$45.0M - Series B - Nov 2022 (# Cos: 404 | $11.2B)
MoCaFi (2015, New York City)
Through Bank Partnerships (Brex)
$4.7B 36 $23.5M - Series B - May 2023
(# Cos: 298 | $8.4B)
Total $ Invested Soonicorn Club Juno (2019, San Francisco)
$18.0M - Series A - Oct 2022 Retail Banking (Chime)
(# Cos: 176 | $4.7B)
Daylight (2020, West Hollywood)
$15.0M - Series A - Nov 2022
- 12 HM Bradley (2018, Los Angeles)
IPOs Acquisitions
$12.3M - Series B - Jul 2023
Maza (2021, Los Angeles)
$8.0M - Seed - Jun 2023
Back to index
Property Improvement Services - United $541M ( -- )

States Tech
Curbio Havenly Houzz 5 ( -- )

(2017, Potomac, $118M) (2013, Denver, $57.8M) (2009, Palo Alto, $614M) # Funding Rounds in last 1 year in
United States Tech
Lessen (2000, Scottsdale) Property Management Tech (AppFolio)

191 75 $500M - Series C - Jan 2023 (# Cos: 1857 | $9.8B)
Companies Funded Companies Stellar (2016, Dallas) Home Improvement Services (Curbio)
$20.0M - Series B - Dec 2022 (# Cos: 191 | $1.6B)
Freemodel (2020, Burlingame)
$1.6B 17 $19.5M - Series A - Jan 2023
Total $ Invested Soonicorn Club Digifabshop (2007, Albany)
$1.0M - Seed - Sep 2022
Plunk (2019, Bellevue)
Undisclosed - Seed - Nov 2022
2 12
IPOs Acquisitions
Back to index
Student Job Skills Training for $525M ( -- )

25 Universities - United States $ Invested in last 1 year in United
States Tech
Trilogy Education Serv.. Cengage Group ThriveDX 1 ( -- )

(2015, New York City, $80.0M) (2007, Independence, $525M) (2007, Coral Gables, $100M) # Funding Rounds in last 1 year in
United States Tech
Cengage Group (2007, Independence) Higher Education Tech (Course Hero)

21 12 $525M - Series D - Jun 2023 (# Cos: 2467 | $7.6B)
Companies Funded Companies

B2B2C Learning Solutions (Labster)
(# Cos: 112 | $980M)
Online Courses (Visible Body)

$728M 1 (# Cos: 76 | $775M)
Job Skills (Trilogy Education
Services)
(# Cos: 21 | $728M)
- 3
IPOs Acquisitions
Back to index
Secure Access Service Edge as $521M ( -- )

26 Convergence - United States $ Invested in last 1 year in United
States Tech
Netskope Versa Networks Perimeter 81 2 ( -- )

(2012, Santa Clara, $1.4B) (2012, Cupertino, $316M) (2018, New York City, $165M) # Funding Rounds in last 1 year in
United States Tech
Netskope (2012, Santa Clara) Cybersecurity (Palo Alto Networks)

14 8 $401M - Series I - Jan 2023 (# Cos: 7436 | $82.7B)
Companies Funded Companies Versa Networks (2012, Cupertino) Network Security (Zscaler)
Secure Access Service Edge as a

$2.2B 6 convergence (SASE) (Netskope)
- 3
IPOs Acquisitions
Back to index
$521M ( -- )
27 3D Rendering Software - United States $ Invested in last 1 year in United
States Tech
CoreWeave OTOY Latent Space 3 ( -- )

(2019, New York City, $576M) (2010, Los Angeles) (2015, San Francisco, $8.0M) # Funding Rounds in last 1 year in
United States Tech
CoreWeave (2019, New York City) 3D Animation (IMVU)

18 7 $200M - Series B - May 2023 (# Cos: 199 | $1.3B)
Companies Funded Companies $221M - Series B - Apr 2023

3D Rendering (CoreWeave)
$100M - Series B - Dec 2022 (# Cos: 18 | $591M)
$591M 2
- 2
IPOs Acquisitions
Back to index
$516M ( -- )
28 Fundraising Platform - United States $ Invested in last 1 year in United
States Tech
Wefunder Angel List Republic 6 ( -- )

(2011, San Francisco, $21.2M) (2010, San Francisco, $100M) (2016, New York City, $214M) # Funding Rounds in last 1 year in
United States Tech
Clean Capital (2015, New York City) Investment Tech (OpenSea)

293 68 $500M - Series B - Jun 2023 (# Cos: 8933 | $41.7B)
Companies Funded Companies Evergrow (2021, San Francisco) Alternative Investment Platforms (Gemini)
$7.0M - Seed - Apr 2023 (# Cos: 2346 | $9.8B)
Pin (2022, New York City)
Private Companies (Figure)
$1.7B 14 $5.6M - Seed - Aug 2022
(# Cos: 417 | $3.0B)
Total $ Invested Soonicorn Club Wefunder (2011, San Francisco)
$2.6M - Series B - Oct 2022 Fundraising (Wefunder)
(# Cos: 293 | $1.7B)
Healthcare Shares (2020, Hoboken)
$798K - Seed - Dec 2022
- 9 Issuance (2018, Los Angeles)
IPOs Acquisitions
$260K - Seed - Mar 2023
Back to index
$515M ( -- )
29 HRMS for Small Business - United States $ Invested in last 1 year in United
States Tech
Gusto TriNet Paycor 2 ( -- )

(2012, San Francisco, $718M) (1988, Dublin, $60.0M) (1990, Cincinnati, $450M) # Funding Rounds in last 1 year in
United States Tech
Rippling (2016, San Francisco) HRTech (LinkedIn)

244 62 $500M - Series E - Mar 2023 (# Cos: 11519 | $49.9B)
Companies Funded Companies GoCo.io (2015, Houston) HRMS (Deel)

$15.0M - Series B - Nov 2022 (# Cos: 949 | $8.4B)
Suite (Workday)
$3.4B 13 (# Cos: 644 | $8.0B)
SMB (Gusto)
(# Cos: 244 | $3.4B)
5 35
IPOs Acquisitions
Back to index
$510M (▼45.1%)
30 AI Processors - United States $ Invested in last 1 year in United
States Tech
SambaNova Systems Lightmatter Cerebras Systems 11 (▼38.9%)

(2017, Palo Alto, $1.1B) (2012, Boston, $270M) (2015, San Francisco, $750M) # Funding Rounds in last 1 year in
United States Tech
Lightmatter (2012, Boston) AI Infrastructure (Scale)

104 74 $154M - Series C - May 2023 (# Cos: 1542 | $33.5B)
Companies Funded Companies Celestial AI (2020, Santa Clara) Enabling Technologies (Snorkel AI)
EdgeQ (2020, Santa Clara)
Hardware (Lightmatter)
$5.3B 34 $75.0M - Series B - Apr 2023
(# Cos: 111 | $5.4B)
Total $ Invested Soonicorn Club Kneron (2015, San Diego)
$48.0M - Series B - Oct 2022 Processors (SambaNova Systems)
(# Cos: 104 | $5.3B)
SiMa.ai (2018, San Jose)
$37.0M - Series B - Oct 2022
4 9 Empower Semic.. (2014, San Francisco)
IPOs Acquisitions
$30.0M - Series C - Mar 2023
Analog Inference (2018, Santa Clara)
$22.3M - Series A - May 2023
Back to index
$500M ( -- )
31 Carbon To Chemicals - United States $ Invested in last 1 year in United
States Tech
LanzaTech CarbonFree Trillium Renewable Che.. 2 ( -- )

(2005, Skokie, $869M) (2016, San Antonio) (2021, Knoxville, $12.1M) # Funding Rounds in last 1 year in
United States Tech
LanzaTech (2005, Skokie) Chemicals Tech (Pivot Bio)

6 6 $500M - Series F - Nov 2022 (# Cos: 567 | $7.7B)
Companies Funded Companies Visolis (2012, Berkeley) Green Chemicals (Indigo)

Undisclosed - Seed - Jan 2023 (# Cos: 296 | $6.2B)
Diversified (Solugen)
$890M 2 (# Cos: 34 | $2.2B)
Carbon Capture (LanzaTech)
(# Cos: 6 | $890M)
- -
IPOs Acquisitions
Back to index
$497M ( -- )
32 Antibiotics - United States $ Invested in last 1 year in United
States Tech
Spero Therapeutics Locus Biosciences Paratek Pharma 11 ( -- )

(2013, Cambridge, $115M) (2015, Raleigh, $67.3M) (1996, Boston, $96.5M) # Funding Rounds in last 1 year in
United States Tech
Everest Medic.. (2017, New York City) Infectious Diseases (Adaptive Biotechnologies)
Companies Funded Companies Vedanta Biosciences (2010, Cambridge) Drugs (Moderna)

$107M - Series E - Apr 2023 (# Cos: 624 | $17.0B)
ILiAD Biotech.. (2012, New York City)
Bacterial (Spero Therapeutics)
$4.2B 17 $42.8M - Series D - Sep 2022
(# Cos: 164 | $4.2B)
Total $ Invested Soonicorn Club Pattern Bioscience (2016, Austin)
$28.7M - Series C - Apr 2023
VenatoRx (2010, Malvern)
$12.7M - Series C - Aug 2022
25 23 Adaptive Phage The.. (2016, Bethesda)
IPOs Acquisitions
$12.0M - Series B - Jun 2023
Armis Biopharma (2017, Fort Collins)
$7.3M - Series A - Sep 2022
Back to index
$494M ( -- )
33 In Space Services - United States $ Invested in last 1 year in United
States Tech
Planet Capella Space Spire 17 ( -- )

(2010, San Francisco, $388M) (2016, Palo Alto, $234M) (2012, San Francisco, $257M) # Funding Rounds in last 1 year in
United States Tech
Astranis (2015, San Francisco) NewSpace (SpaceX)

157 84 $200M - Series C - Apr 2023 (# Cos: 626 | $23.0B)
Companies Funded Companies Capella Space (2016, Palo Alto) Space Services (Planet)
$60.0M - Series C - Jan 2023 (# Cos: 157 | $3.9B)
HawkEye 360 (2015, Herndon)
$3.9B 29 $58.0M - Series D - Jul 2023
Total $ Invested Soonicorn Club Impulse Space Pr.. (2021, El Segundo)
$45.0M - Series A - Jul 2023
Slingshot Aeros.. (2016, Los Angeles)
$40.8M - Series A - Dec 2022
5 18 Pixxel (2018, El Segundo)
IPOs Acquisitions
$36.0M - Series B - Jun 2023
Atomos (2017, Denver)
$16.2M - Series A - Jan 2023
Back to index
$490M (▼85.6%)
34 Crypto Financial Services - United States $ Invested in last 1 year in United
States Tech
Circle Fireblocks BitGo 21 (▼32.3%)

(2013, Boston, $950M) (2018, New York City, $1.0B) (2013, Palo Alto, $70.5M) # Funding Rounds in last 1 year in
United States Tech
Matonee (2021, Palo Alto) Cryptocurrencies (Gemini)

436 101 $200M - Series D - Sep 2022 (# Cos: 5245 | $19.2B)
Companies Funded Companies Strike (2020, Chicago) Financial Services (Coinbase)

$90.0M - Series B - Sep 2022 (# Cos: 3375 | $16.5B)
River Financial (2019, San Francisco)
Diversified (Circle)
$7.6B 29 $35.0M - Series B - May 2023
(# Cos: 436 | $7.6B)
Total $ Invested Soonicorn Club Grayscale (2013, Stamford)
$34.0M - Series C - Mar 2023
Galaxy Finance (2022, Los Angeles)
$30.0M - Series B - Jun 2023
1 12 21.co (2018, New York City)
IPOs Acquisitions
$25.0M - Series A - Sep 2022
Goldsky (1998, San Francisco)
$20.0M - Seed - Sep 2022
Back to index
PC and Console NFT Games - United $478M ( -- )

States Tech
Doodles LootMogul Delysium 9 ( -- )

(2021, $54.0M) (2020, Wilmington, $200M) (2015, $14.0M) # Funding Rounds in last 1 year in
United States Tech
Limit Break (2021, Park City) PC & Console Gaming (Roblox)

197 74 $200M - Series D - Aug 2022 (# Cos: 1950 | $14.2B)
Companies Funded Companies LootMogul (2020, Wilmington) Blockchain Games (LootMogul)

$200M - Series A - Sep 2022 (# Cos: 200 | $669M)
Doodles (2021)
NFTs (Doodles)
$669M 9 $54.0M - Series C - Sep 2022
(# Cos: 197 | $669M)
Total $ Invested Soonicorn Club Delysium (2015)
$10.0M - Series A - Oct 2022
Flappy Moonbirds (2022)
$6.0M - Series A - Dec 2022
- 2 Million on Mars (2020, Austin)
IPOs Acquisitions
$3.5M - Series A - Jan 2023
Arcade (2021, Scottsdale)
$3.2M - Seed - Oct 2022
Back to index
Business Intelligence Software - United $470M ( -- )

States Tech
Alteryx QlikTech Palantir 14 ( -- )

(1997, Irvine, $163M) (1993, Radnor, $12.5M) (2003, Palo Alto, $3.0B) # Funding Rounds in last 1 year in
United States Tech
Sigma Computing (2014, San Francisco) Business Intelligence (ThoughtSpot)

219 69 $340M - Series C - May 2023 (# Cos: 2530 | $29.4B)
Companies Funded Companies Data Vault Ho.. (2021, New York City) Business Intelligence Suite (Databricks)
$33.0M - Series C - May 2023 (# Cos: 381 | $13.1B)
Omni (2022, San Francisco)
End to End BI Software (Alteryx)
$5.8B 22 $9.4M - Seed - Aug 2022
(# Cos: 219 | $5.8B)
Total $ Invested Soonicorn Club $17.5M - Series A - Aug 2022
Equals (2021, San Francisco)
$16.0M - Series A - Nov 2022
Peaxy (2012, San Jose)
6 16 $12.0M - Series B - Jul 2023
IPOs Acquisitions
Savant Labs (2021, San Carlos)
$11.0M - Seed - Dec 2022
Back to index
$464M ( -- )
37 Metal Air Batteries - United States $ Invested in last 1 year in United
States Tech
Eos Energy Storage Form Energy Eos 2 ( -- )

(2008, Edison, $67.5M) (2009, Somerville, $808M) (2008, Edison, $13.8M) # Funding Rounds in last 1 year in
United States Tech
Form Energy (2009, Somerville) Energy Storage Tech (ChargePoint)

4 4 $450M - Series E - Oct 2022 (# Cos: 1331 | $19.1B)
Companies Funded Companies Eos (2008, Edison) Energy Storage System (Ecoflow)
Metal Air (Eos Energy Storage)

$923M 4 (# Cos: 4 | $923M)
1 -
IPOs Acquisitions
Back to index
$460M ( -- )
38 Drug Modeling Software - United States $ Invested in last 1 year in United
States Tech
Cellarity Enveda Asimov 5 ( -- )

(2015, Cambridge, $294M) (2019, San Francisco, $175M) (2017, Boston, $205M) # Funding Rounds in last 1 year in
United States Tech
Asimov (2017, Boston) Life Sciences Tech (Veeva Systems)

47 23 $175M - Series B - Jan 2023 (# Cos: 2440 | $27.6B)
Companies Funded Companies Cellarity (2015, Cambridge) Research & Development (Medidata)
$121M - Series C - Oct 2022 (# Cos: 1924 | $21.6B)
Enveda (2019, San Francisco)
Drug Informatics (Benchling)
$1.0B 7 $51.0M - Series B - Apr 2023
(# Cos: 348 | $4.3B)
Total $ Invested Soonicorn Club $62.5M - Series B - Dec 2022
Metaphore (2021, Cambridge) Molecular Modeling (Cellarity)
$50.0M - Series C - May 2023 (# Cos: 47 | $1.0B)
- 2
IPOs Acquisitions
Back to index
Cardiology Image Analysis Software - $459M ( -- )

States Tech
HeartFlow Cleerly Genetesis 6 ( -- )

(2010, Redwood City, $838M) (2016, New York City, $473M) (2013, Mason, $40.0M) # Funding Rounds in last 1 year in
United States Tech
Cleerly (2016, New York City) Healthcare IT (Hinge Health)

18 11 $223M - Series C - Aug 2022 (# Cos: 16818 | $79.3B)
Companies Funded Companies Provider (AMBOSS)

HeartFlow (2010, Redwood City) (# Cos: 11880 | $42.6B)
$216M - Series F - Apr 2023
Clinical Operations (Overjet)
Genetesis (2013, Mason) (# Cos: 2086 | $16.6B)
$1.5B 5 $17.5M - Series C - Oct 2022 Decision Support (MMIT Network)
Total $ Invested Soonicorn Club Myocardial So.. (2002, Morrisonville) (# Cos: 1919 | $16.5B)
$2.7M - Series B - Jun 2023 Diagnosis (Exo)
(# Cos: 1154 | $8.4B)
CardioWise (2012, Fayetteville)
$40.0K - Seed - Jun 2023 Differential Diagnosis (Align
1 - Undisclosed - Seed - Nov 2022
Technology)
(# Cos: 954 | $7.8B)
IPOs Acquisitions
Image Based (Viz.ai)
(# Cos: 457 | $3.9B)
Radiology (Qure.ai)
(# Cos: 263 | $3.2B)
Cardiology (HeartFlow)
(# Cos: 18 | $1.5B)
Back to index
Conversational AI Platforms - United $450M ( -- )

States Tech
Anthropic Passage AI Avaamo 4 ( -- )

(2021, San Anselmo, $1.2B) (2016, Mountain View, $10.3M) (2014, Los Altos, $23.5M) # Funding Rounds in last 1 year in
United States Tech
Anthropic (2021, San Anselmo) AI Infrastructure (Scale)

61 32 Undisclosed - Series C - Jun 2023 (# Cos: 1542 | $33.5B)
Companies Funded Companies $450M - Series C - May 2023

Natural Language Processing (Deepgram)
Vocode (2023, San Francisco) (# Cos: 236 | $3.3B)
$125K - Seed - Jan 2023
Conversational AI (Anthropic)
$1.4B 9 (# Cos: 61 | $1.4B)
- 10
IPOs Acquisitions
Back to index
Managed Rental Property - United $446M ( -- )

States Tech
Landing Bedly Brohn Homes 6 ( -- )

(2019, San Francisco, $305M) (2015, New York City, $3.4M) (2002, Austin) # Funding Rounds in last 1 year in
United States Tech
Flow Life (2018) Residential Real Estate Tech (Redfin)

141 31 $350M - Series C - Aug 2022 (# Cos: 2079 | $10.6B)
Companies Funded Companies Landing (2019, San Francisco) Home Rentals (Zumper)
$75.0M - Series C - Aug 2022 (# Cos: 307 | $1.1B)
CORNUS HOUSE QOF (2020, Seattle)
Managed (Landing)
$767M 2 $12.1M - Series B - Aug 2022
(# Cos: 141 | $767M)
Total $ Invested Soonicorn Club 4303 Mariposa Drive (2019, Southlake)
$6.1M - Seed - Oct 2022
Verge Apts (2022, Spokane)
$1.5M - Seed - Aug 2022
- 29 Providence Townho.. (Winter Garden)
IPOs Acquisitions
$1.0M - Seed - Aug 2022
Back to index
$439M ( -- )
42 Cardiovascular Drugs - United States $ Invested in last 1 year in United
States Tech
Arrakis Therapeutics Portola Pharma Tenaya Therapeutics 7 ( -- )

(2015, Waltham, $113M) (2003, San Francisco, $296M) (2016, San Francisco, $248M) # Funding Rounds in last 1 year in
United States Tech
Everest Medic.. (2017, New York City) Cardiac and Vascular Disorders (iRhythm Tech)
Companies Funded Companies Rivus Pharm.. (2019, Charlottesville) Drugs (Moderna)

$132M - Series B - Sep 2022 (# Cos: 233 | $8.5B)
Tiger Biotherapeut.. (2023, Cranbury)
Diversified (Arrakis Therapeutics)
$4.6B 16 $20.0M - Series B - Apr 2023
(# Cos: 172 | $4.6B)
Total $ Invested Soonicorn Club Cellvie (2020, Houston)
$5.5M - Seed - Feb 2023
Auxilius Pharma (2019, New York City)
$1.0M - Seed - Jun 2023
23 36 Imagine Pharma (2016, Devon)
IPOs Acquisitions
$300K - Seed - Jan 2023
NKA Bio (2023, Baltimore)
$30.0K - Seed - Apr 2023
Back to index
$435M (▼53.6%)
43 Hydroponics Farming - United States $ Invested in last 1 year in United
States Tech
Plenty AppHarvest Little Leaf Farms 2 (▼75%)

(2014, San Francisco, $941M) (2014, Morehead, $150M) (2015, Ayer, $390M) # Funding Rounds in last 1 year in
United States Tech
Gotham Greens (2009, Brooklyn) Crop Tech (Indigo)

475 85 $310M - Series E - Sep 2022 (# Cos: 5328 | $20.5B)
Companies Funded Companies Soli Organic (1989, Harrisonburg) Indoor Farming (AppHarvest)
Hydroponics (Plenty)
$3.2B 16 (# Cos: 475 | $3.2B)
12 16
IPOs Acquisitions
Back to index
Enterprise Data Management - United $423M (▼70.3%)

States Tech
Fivetran Alation Informatica 24 (▼46.7%)

(2012, Oakland, $730M) (2012, Redwood City, $340M) (1993, Redwood City) # Funding Rounds in last 1 year in
United States Tech
Alation (2012, Redwood City) Enterprise Information Management (Algolia)

457 210 $123M - Series E - Nov 2022 (# Cos: 1697 | $8.7B)
Companies Funded Companies Adeptia (2000, Chicago) Enterprise Data Management (Fivetran)
Digibee (2017, Weston)
$5.1B 60 $60.0M - Series B - May 2023
Total $ Invested Soonicorn Club Flywheel (2015, Minneapolis)
$54.0M - Series D - Jun 2023
Tray.io (2012, San Francisco)
$40.0M - Series C - Sep 2022
6 82 Canoe (2013, New York City)
IPOs Acquisitions
$25.0M - Series B - Feb 2023
Coefficient (2015, Palo Alto)
$18.0M - Series A - Nov 2022
Back to index
Radiological Image Analysis Software - $419M ( -- )

States Tech
Qure.ai HeartFlow Inscopix 17 ( -- )

(2016, New York City, $56.0M) (2010, Redwood City, $838M) (2011, Palo Alto, $11.5M) # Funding Rounds in last 1 year in
United States Tech
HeartFlow (2010, Redwood City) Clinical Labs IT (Waters Corporation)

354 163 $216M - Series F - Apr 2023 (# Cos: 879 | $3.9B)
Companies Funded Companies RapidAI (2012, San Mateo) Radiology (HeartFlow)

$75.0M - Series C - Jul 2023 (# Cos: 478 | $2.8B)
Prenuvo (2018, Redwood City)
Image Analysis (Qure.ai)
$2.2B 25 $70.0M - Series A - Oct 2022
(# Cos: 354 | $2.2B)
Total $ Invested Soonicorn Club Eyenuk (2010, Los Angeles)
$26.0M - Series A - Aug 2022
Genetesis (2013, Mason)
$17.5M - Series C - Oct 2022
12 31 Springbok A.. (2013, Charlottesville)
IPOs Acquisitions
$3.0M - Seed - Apr 2023
Gradient Health (2018, Durham)
$2.8M - Seed - Jun 2023
Back to index
$417M ( -- )
46 Data Science Platforms - United States $ Invested in last 1 year in United
States Tech
Dataiku Anaconda DataRobot 6 ( -- )

(2013, New York, $847M) (2012, Austin, $41.8M) (2012, Boston, $1.1B) # Funding Rounds in last 1 year in
United States Tech
Dataiku (2013, New York) AI Infrastructure (OpenAI)

58 34 $200M - Series F - Dec 2022 (# Cos: 1542 | $33.5B)
Companies Funded Companies SingleStore (2011, San Francisco) Machine Intelligence Systems (Scale)
$30.0M - Series F - Oct 2022 (# Cos: 321 | $18.2B)
$146M - Series F - Oct 2022
Data Science Platforms (Dataiku)
$3.6B 18 Virtualitics (2016, Pasadena)
$37.1M - Series C - May 2023
(# Cos: 58 | $3.6B)
$4.2M - Series B - Dec 2022
Hopsworks (2018, Palo Alto)
1 7
IPOs Acquisitions
Back to index
Lithium Ion Secondary Batteries - United $403M ( -- )

States Tech
24m Technologies QuantumScape Enovix 7 ( -- )

(2010, Cambridge, $135M) (2010, San Jose, $1.0B) (2006, Fremont, $220M) # Funding Rounds in last 1 year in
United States Tech
One (2020, Novi) Energy Storage Tech (ChargePoint)

171 82 $300M - Series B - Feb 2023 (# Cos: 1331 | $19.1B)
Companies Funded Companies Iontra (2015, Denver) Battery (Sila Nanotechnologies)

$38.0M - Series B - Aug 2022
Secondary Battery (QuantumScape)
$4.2B 23 International Bat.. (2022, Sunnyvale)
$16.3M - Series B - Apr 2023
(# Cos: 209 | $5.0B)
Gridless Power (2010, Collingswood) Lithium Ion (24m Technologies)
$2.0M - Seed - Dec 2022 (# Cos: 171 | $4.2B)
TeraWatt Techno.. (2017, Santa Clara)

8 18 Undisclosed - Series B - Jun 2023
IPOs Acquisitions
Tanovus (2020, Fremont)
Undisclosed - Seed - Mar 2023
Back to index
$402M ( -- )
48 Cancer Diagnostics - United States $ Invested in last 1 year in United
States Tech
Guardant Health Foundation Medicine Natera 14 ( -- )

(2012, Redwood City, $558M) (2010, Cambridge, $96.5M) (2004, Redwood City, $152M) # Funding Rounds in last 1 year in
United States Tech
Exai Bio (2018, Palo Alto) Oncology (Kite Pharma)

289 184 $70.6M - Series B - Oct 2022 (# Cos: 2819 | $87.6B)
Companies Funded Companies Haystack Oncology (2021, Baltimore) In-Vitro Diagnostic Tests (Adaptive
$67.0M - Series A - Nov 2022 Biotechnologies)
(# Cos: 622 | $15.8B)
Foresight Diagnostics (2020, Aurora)
Diversified (Guardant Health)
$7.8B 42 $58.8M - Series B - Apr 2023
(# Cos: 289 | $7.8B)
Total $ Invested Soonicorn Club BillionToOne (2015, San Francisco)
$48.5M - Series C - Dec 2022
Naveris (2017, Waltham)
$33.4M - Series A - Sep 2022
23 42 Function Oncology (2018, San Diego)
IPOs Acquisitions
$28.0M - Series A - Apr 2023
Epic Sciences (2008, San Diego)
$24.0M - Series G - Apr 2023
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Top Business Models in United States Tech - 11 Aug 2023

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TRACXN TOP BUSINESS MODELS REPORT

UNITED STATES TECH

August 11, 2023

New York City (11%) Stripe $6.9B - Series I

Others (53%) SpaceX $750M - Series J

Fanatics $700M - Series E

Virgin Voyages $550M - Series D

Y Combinator 233 AI Infrastructure $12.9B Smile Doctors $550M - Series D

1 -- Artificial General Intelligence $10.7B 3 OpenAI | $10.0B | Series E Link

2 -- Business Payments Solutions $6.9B 5 Stripe | $6.9B | Series I Link

3 ▼2 Oncology Drugs $4.7B 128 Everest Medic.. | $280M | Series D Link

4 -- C4ISR Systems $1.7B 6 Anduril | $1.5B | Series E Link

5 -- Military Drone $1.5B 3 Anduril | $1.5B | Series E Link

6 -- Personal Assistant Chatbot $1.5B 5 Inflection | $1.3B | Series E Link

9 ▲7 Gene Therapy $1.2B 41 Cajal Neuros.. | $96.0M | Series A Link

10 -- Drugs for Inflammatory Diseases $1.0B 14 ACELYRIN | $300M | Series C Link

11 ▲3 Blockchain Networks $954M 40 Mysten Labs | $300M | Series B Link

12 ▼10 Reusable Launch Vehicles $860M 4 SpaceX | $750M | Series J Link

13 ▼7 Cloud Security $858M 12 Arctic Wolf | $401M | Series G Link

14 -- Content marketing Solution $824M 31 Muck Rack | $180M | Series A Link

15 ▼4 Data Security $777M 46 OneTrust | $150M | Series D Link

16 ▼9 Employee Benefits Software $776M 44 Gravie | $179M | Series F Link

17 -- Restaurants Management Software $762M 10 Odeko | $500M | Series C Link

20 -- Fuel From Waste $623M 5 LanzaTech | $500M | Series F Link

21 -- IT Asset Management $566M 6 Rippling | $500M | Series E Link

22 -- IoT Security $562M 10 SandboxAQ | $500M | Series A Link

23 ▲4 Retail Challenger Bank $555M 12 Tryllian Bank | $415M | Series D Link

24 -- Property Improvement Services $541M 5 Lessen | $500M | Series C Link

27 -- 3D Rendering Software $521M 3 CoreWeave | $221M | Series B Link

28 -- Fundraising Platform $516M 6 Clean Capital | $500M | Series B Link

29 -- HRMS for Small Business $515M 2 Rippling | $500M | Series E Link

30 ▲16 AI Processors $510M 11 Lightmatter | $154M | Series C Link

31 -- Carbon To Chemicals $500M 2 LanzaTech | $500M | Series F Link

32 -- Antibiotics $497M 11 Everest Medic.. | $280M | Series D Link

33 -- In Space Services $494M 17 Astranis | $200M | Series C Link

34 ▼33 Crypto Financial Services $490M 21 Matonee | $200M | Series D Link

36 -- Business Intelligence Software $470M 14 Sigma Computing | $340M | Series C Link

37 -- Metal Air Batteries $464M 2 Form Energy | $450M | Series E Link

38 -- Drug Modeling Software $460M 5 Asimov | $175M | Series B Link

39 -- Cardiology Image Analysis Software $459M 6 Cleerly | $223M | Series C Link

40 -- Conversational AI Platforms $450M 4 Anthropic | $450M | Series C Link

41 -- Managed Rental Property $446M 6 Flow Life | $350M | Series C Link

42 -- Cardiovascular Drugs $439M 7 Everest Medic.. | $280M | Series D Link

43 ▲2 Hydroponics Farming $435M 2 Gotham Greens | $310M | Series E Link

44 ▼24 Enterprise Data Management $423M 24 Alation | $123M | Series E Link

45 -- Radiological Image Analysis Software $419M 17 HeartFlow | $216M | Series F Link

46 -- Data Science Platforms $417M 6 Dataiku | $200M | Series F Link

47 -- Lithium Ion Secondary Batteries $403M 7 One | $300M | Series B Link

48 -- Cancer Diagnostics $402M 14 Exai Bio | $70.6M | Series B Link

Artificial General Intelligence - United $10.7B ( -- )

OpenAI Adept Apprente 3 ( -- )

Key Stats Recent Funding Rounds Taxonomy

OpenAI (2015, San Francisco) AI Infrastructure (Anaconda)

Companies Funded Companies $10.0B - Series E - Jan 2023

Business Payments Solutions - United $6.9B ( -- )

Stripe Block Flutterwave 5 ( -- )

Key Stats Recent Funding Rounds Taxonomy

Stripe (2009, San Francisco) Payments (Payoneer)

Companies Funded Companies P97 (2012, Houston) Business Payments (PayPal)

Kite Pharma BeiGene Moderna 128 (▼11.7%)

Key Stats Recent Funding Rounds Taxonomy

Everest Medic.. (2017, New York City) Oncology (Guardant Health)

Companies Funded Companies Treeline Biosciences (2021, Stamford) Drugs (BeiGene)

Anduril Shield AI AEye 6 ( -- )