These are the 17 Largest NYC Tech Startup Funding Rounds of Q1 2021 alleywatch.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from alleywatch.com Daily Mail and Mail on Sunday newspapers.
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March 2021 was the single best month for NYC startup funding in history. These companies led the funding charge with 16 mega ($100M) rounds between them, raising $3.5B in aggregate during the month.
Armed with some data from our friends at CrunchBase, I broke down the largest NYC Startup funding rounds in New York during March 2021. I have included some additional information such as industry, description, round type, total equity funding raised to further the analysis for the state of venture capital in NYC
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WorkFusion
WorkFusion automates enterprise business processes by combining robotics, AI-powered cognitive automation, and workforce orchestration. Founded by Andrew Volkov and Max Yankelevich in 2010, WorkFusion is backed by investors that include Georgian Partners, Greycroft, iNovia Capital, Mohr Davidow Ventures, and NGP Capital and is headquartered in New York.
FOUNDED:2010
FOUNDERS:Andrew Volkov, Max Yankelevich
Robotic process automation (RPA) enables businesses to free up their human capital to focus on higher-value tasks by automating repetitive, tedious tasks. These robotic systems also free up IT departments as they do not require any specialized skillset to deploy, end up being cost-effective in the longer term, and more accurate. WorkFusion has built its Intelligent Automation enterprise-level software that allows highly -regulated specialized industries like banking, finance, and healthcare to seamlessly adopt RPA. The bots learn in real-time and this k