The 20 Largest Round of Startup Funding in 2019!

: January 27, 2020

These Are The 20 Largest Round of Funding in 2019!

 

 

The 20 Startups That Raised $500M or More In A Single Round of Funding in 2019:

 

 

1. Veeam: 

A privately held information technology company that develops backup, disaster recovery and intelligent data management software for virtual, physical and multi-cloud infrastructures. Veeam is the global leader in intelligent data management for the Hyper-Available Enterprise.

 

Veeam Raised $500M in a Private Equity round of funding on Jan 16, 2019. 

 

Veeam has been acquired by Insight Partners for a staggering $5B on Jan 09, 2020.

 

 

2. Clover Health: 

A health insurance company that is reinventing the health insurance model by integrating technology into every aspect of its members healthcare. Clover Health is a data driven health insurance startup driving to improve the overall state of healthcare in America.

 

Clover Health raised $500M in a Series E round of funding on Jan 29, 2019. The financing was led by Greenoaks Capital.

 

 

3. Aurora: 

A self-driving vehicle company that works at the intersection of rigorous engineering and applied machine learning to address one of the most challenging, important, and interesting opportunities of our generation: transforming the way people and goods move. Aurora spearheads the self-driving revolution, built cars, led teams, and pioneered robotics and machine learning techniques.

 

Aurora raised $530M in a Series B round of funding on Feb 07, 2019. The company raised an additional $70M to it's Series B on Jun 12, 2019.

 

 

4. Nuro: 

A robotics company that develops and manufactures autonomous delivery vehicles. Nuro focuses on developing a self-driving stack and combining it with a custom unmanned vehicle designed for last-mile delivery of local goods and services. The vehicle has two compartments that can fit up to six grocery bags each.

 

Nuro raised $940M in a Series B round of funding on Feb 11, 2019. The financing was led by SoftBank Vision Fund.

 

 

5. Grab: 

A technology company that offers ride-hailing and logistics services through its app in Singapore and neighboring Southeast Asian nations such as Malaysia, Indonesia, Philippines, Vietnam, Thailand and Myanmar. Grab is more than just the leading ride-hailing and mobile payments platform in Southeast Asia.

 

Grab has raised a massive $2.1B in a single round of funding on Mar 06, 2019.

 

 

6. ByteDance:

A technology company operating a range of content platforms that inform, educate, entertain and inspire people across languages, cultures, and geographies. ByteDance’s platforms enable people to discover and create a world of content powered by technology.

 

ByteDance raised $1.3B in a single round of funding on April 10, 2019.

 

 

7. Rivian:

An automaker and automotive technology company that develops vehicles, products and services related to sustainable transportation. Rivian's vehicles and technology are designed and engineered to challenge what’s possible and to inspire people to explore the world in new ways.

 

Rivian raised $1.3B in a single round of funding on Dec 23, 2019. The company has also raised $500M in April 2019 and another $300M on Sep 10, 2019.

 

 

8. UiPath:

A global software company that develops a platform for robotic process automation (RPA or RPAAI). UiPath deliver the most advanced Enterprise #RPA Platform, built for business and IT. 

 

UiPath raised $568M in a Series D round of funding on Apr 29, 2019.

 

 

9. Rappi: 

An on-demand delivery startup active in Argentina, Brazil, Chile, Colombia, Mexico, Perú, and Uruguay. Rappi's marketplace connects users who want to purchase prepared foods, groceries, clothes, and more. It is the easiest way to buy from the corner store, supermarket or your favorite local restaurant.

 

Rappi raised $1B in a Series E round of funding on Apr 30, 2019.

 

 

10. Cruise:

A driverless car company that provides a fully self-driving rideshare service to safely connect people with the places, things and experiences they care about. Cruise is building the world’s most advanced self-driving vehicles to safely connect people with the places, things, and experiences they care about.

 

Cruise raised $1.15B in a single round of funding on May 06, 2019.

 

 

11. MEGVII:

A world-class AI company with core competencies in deep learning. MEGVII is a pioneer in applying and commercialising AI technology and computer vision algorithms to Internet of Things (IoT) use cases. Its mission is to use innovative AI technology to deliver value to customers and to benefit society as a whole.

 

MEGVII raised $750M in a Series D round of funding on May 08, 2019.

 

 

12. DoorDash: 

 

A provider of on-demand food-ordering and delivery services. DoorDash offers a geographically based mobile application that promotes local restaurants and offers consumers an online restaurant marketplace that they can sort by flavors, price and speediest delivery times.

 

DoorDash raised $600M in a single round of funding on May 24, 2019. The company raised additional $400M and $100M the same year.

 

 

13. SoFi: 

An online personal finance company that provides student loan refinancing, mortgages and personal loans. SoFi offers personal loans with some of the lowest interest rates in the market. The tough part is getting approved.

 

SoFi raised $500M in a single round of funding on May 29, 2019. The investment was led by Qatar Investment Authority.

 

 

14. LANDBAY: 

A peer-to-peer lending platform for residential buy-to-let mortgages. Landbay enables retail investors, institutions and local governments to invest in the UK's private rented sector through the funding of residential buy-to-let mortgages.

 

LANDBAY raised £1 billion (€1.1 billion) in a single round of funding on July 08, 2019.

 

 

15. Argo AI:

A technology platform company that is working with leading automakers to deliver a fully integrated self-driving system that can be manufactured at scale for safe and reliable deployment in ride sharing and goods delivery services. Argo AI aims to make transportation safer, more accessible, affordable and convenient for all.

 

Argo AI raised $2.6B in a single round of funding on July 12, 2019.

 

 

16. Deliveroo: 

An online food delivery company on a mission to transform the way the world thinks about food delivery. Deliveroo works with some of the biggest chain restaurants across the UK, with the majority being available exclusively on the Deliveroo app along with thousands of independent restaurants.

 

Deliveroo raised $575M in a Series G round of funding on May 17, 2019.

 

 

17. FlixBus: 

A long-distance mobility provider that offers an alternative, comfortable, and green way to travel which suits every budget. Flixbus aims to establish an alternative to carpooling and Deutsche Bahn, the German state-owned railway.

 

FlixBus raised $531M in a Series F round of funding on July 18, 2019. The investment was led by TCV and Permira.

 

 

18. OpenAI:

An AI research company, discovering and enacting the path to safe artificial general intelligence. OpenAI’s mission is to ensure that artificial general intelligence benefits all of humanity.

 

OpenAI raised $1B in a single round of funding on Jul 22, 2019.

 

 

19. Babylon Health: 

A digital health service provider that combines AI technology with the medical expertise of humans. Babylon delivers full access to healthcare, including personalised health assessments, treatment advice and face-to-face appointments with a doctor 24/7.

 

Babylon raised $550M in a Series C round of funding on Aug 02, 2019. The investment was led by Saudi Arabia's Public Investment Fund.

 

 

20. Chime:

A technology company focused relentlessly on helping it's members achieve financial health. Chime helps members avoid bank fees, save money automatically, and lead healthier financial lives.

 

Chime raised $500M in a Series E round on Dec 05, 2019. The funding was led by DST Global. Chime has raised $200M in March that same year.

 

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