These are the 14 Largest US Startup Funding Rounds of August 2018

Armed with some data from our friends at CrunchBase , I broke down the largest US startup funding rounds from August 2018. I have included some additional information such as industry, company description, round type, and total equity funding raised to further the analysis. To maintain a focus on tech-enabled startups, real estate, lending, and biotech companies were excluded. CLICK ON THE ARROWS BELOW TO NAVIGATE THE FULL REPORT

The TechWatch Media Group audience is driving progress and innovation at a global scale. With its regional media properties, 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 sponsoring a piece like this, which will be read by the vast majority of key influencers in the entrepreneurial universe. Find out more here .

14. TraceLink $93M Round: Series D Description : North Reading-based TraceLink is a SaaS platform for tracking and tracing pharmaceuticals. Industry: Compliance, Life Science, Pharmaceutical, SaaS, Supply Chain Management Total equity funding: $230.2M

13. Cloudian $94M Round: Series E Description : San Mateo-based Cloudian specializes in enterprise-grade smart data storage. Industry: Analytics, Big Data, Cloud Infrastructure, Data Storage, Software Total equity funding: $173.1M

12. Root Insurance $100M Round: Series D Description : Columbus-based Root is a mobile-first insurance carrier that uses an app to rate drivers based primarily on how they actually drive,not just demographics. Industry: Auto Insurance, Automotive, Insurance, Mobile Apps Total equity funding: $177.5M

11. Tempus $110M Round: Series E Description : Chicago-based Tempus is a technology company that has built an operating system to battle cancer. Industry: Clinical Trials, Health Care, Health Diagnostics Total equity funding: $320M

10. Boxed $111M Round: Series D Description : Bulk grocery delivery startup Boxed has raised $111M in Series D funding led by Aeon with participation from Alpha Square Group, CDIB Capital, Gabriel Naouri, and existing investors. Boxed, founded in 2013 by Chieh Huang, Christopher Cheung, Jared Yaman, and William Fong, has now raised a total of $243.6M in funding over five funding round Industry: Apps, E-Commerce, Grocery, Mobile, Shopping, Software, Wholesale Total equity funding: $243.6M

9. Outset Medical $132M Round: Series D Description : San Jose-based Outset is a pioneering medical technology company Industry: Health Diagnostics, Medical, Medical Device Total equity funding: $319.5M

8. Paladina Health $165M Round: Venture Description : Denver-based Paladina Health is an innovative employer-sponsored healthcare provider. Industry: Health Care, Hospital, Medical, Personal Health Total equity funding: $165M

7. Nikola Motor Company $200M Round: Series C Description : Salt Lake City-based Nikola Motor Company builds heavy-duty transport trucks using hybrid hydrogen-electric powertrains. Industry: Automotive, Electric Vehicle, Logistics, Manufacturing Total equity funding: $200M

6. DoorDash $250M Round: Series E Description : San Francisco-based DoorDash enables small businesses to provide its customers with local delivery services. Industry: Delivery, Food Delivery, Local, Logistics, Mobile, Small and Medium Businesses Total equity funding: $971.82M

5. Getaround $300M Round: Series D Description : San Francisco-based Getaround is a mobile application and a peer-to-peer car sharing marketplace that enables car owners to rent out their cars. Industry: Car Sharing, Collaborative Consumption, Mobile, Peer to Peer, Transportation Total equity funding: $401.3M

4. Oscar Health $375M Round: Venture Description : Oscar Health has raised an additional $375M in funding from Alphabet. Founded by Joshua Kushner, Kevin Nazemi, and Mario Schlosser in 2013, Oscar Health has now raised a total of $1.3B in funding as its valuation approaches north of $5B. Industry: Health Care, Information Technology, Insurance, InsurTech Total equity funding: $892.5M

3. Slack $427M Round: Series H Description : San Francisco-based Slack is an enterprise software platform that allows teams and businesses of all sizes to communicate effectively. Industry: Collaboration, Enterprise Software, Messaging, Real Time, SaaS Total equity funding: $1.22B

2. Letgo $500M Round: Series E Description : Online marketplace letgo has raised an additional $500M in funding from Naspers. The funding comes in tranches and letgo has received $150M initially. Letgo was founded by Alec Oxenford, Enrique Linares, and Jordi Castello in 2015 and has now raised a total of $975M. Industry: Apps, E-Commerce, Marketplace, Shopping Total equity funding: $975M

1. Peloton $550M Round: Series F Description : Fitness company Peloton has raised a whopping $550M in Series F funding from investors that include Kleiner Perkins Caufield & Byers, True Ventures, TCV, Tiger Global Management, Wellington Management, Fidelity Management and Research Company, Felix Capital, NBCUniversal, Balyasny Asset Management, and Winslow Capital. Peloton was founded by Graham Stanton, John Foley, Tom Cortese, and Yony Feng in 2012 and has now raised a total of $994.7M in funding over eight rounds. Industry: Content, Cycling, Fitness, Hardware, Video Streaming Total equity funding: $994.4M

These are the 14 Largest US Startup Funding Rounds of August 2018

How to Keep Your Business From Running Your Life

These 5 LA Startups Raised the Most Funding in August 2018

These 5 LA Startups Raised the Most Funding in August 2018

ABOUT LA TECHWATCH

CONTACT

CHANNELS