The 11 Largest NYC Tech Startup Funding Rounds of February 2026 – AlleyWatch

Armed with some data from our frifinishs at CrunchBase, I broke down the largest NYC Startup funding rounds in New York for February 2026. This month’s analysis goes beyond the headline numbers to include detailed insights into each company’s founding team, business model, investor backing, and total funding history—providing a comprehensive view of where capital is flowing in the NYC tech ecosystem and the state of venture capital in NYC.

🚀 REACH NYC TECH LEADERS

AlleyWatch is NYC’s leading source of tech and startup news, reaching the city’s most active founders, investors, and tech leaders. Learn More →

11. Pepper $50.0M
Round: Series C
Description: Pepper provides an AI-powered eCommerce platform for food distributors and suppliers to manage customer engagement and order workflows. Founded by Bowie Cheung, Chetan Narain, and Ivana Tesanovic in 2019, Pepper has now raised a total of $100.0M in total equity funding and is backed by Gaingels, BoxGroup, Index Ventures, Greylock, and ICONIQ Growth.
Investors in the round: Greylock, Harmony Partners, ICONIQ Growth, Index Ventures, Interplay, Lead Edge Capital
Indusattempt: Artificial Ininformigence (AI), E-Commerce, Food and Beverage, Wholesale
Founders: Bowie Cheung, Chetan Narain, Ivana Tesanovic
Founding year: 2019
Total equity funding raised: $100.0M

10. Alaffia Health $55.0M
Round: Series B
Description: Alaffia Health offers an AI platform that supports health plan claims operations by automating and improving clinical review workflows. Founded by Adun Akanni and TJ Ademiluyi in 2020, Alaffia Health has now raised a total of $71.6M in total equity funding and is backed by Plug and Play, FirstMark, 1984 Ventures, Tau Ventures, and Transformation Capital.
Investors in the round: FirstMark, Tau Ventures, Transformation Capital, Twine Ventures
Indusattempt: Agentic AI, Artificial Ininformigence (AI), Health Care, Machine Learning
Founders: Adun Akanni, TJ Ademiluyi
Founding year: 2020
Total equity funding raised: $71.6M

9. Osmo $70.0M
Round: Series B
Description: Osmo gives computers a sense of smell to improve the health and wellbeing of human life. Founded by Alex Wiltschko and Andy Palmer in 2022, Osmo has now raised a total of $130.0M in total equity funding and is backed by Valor Equity Partners, Alumni Ventures, Bill & Melinda Gates Foundation, Lux Capital, and Collaborative Fund.
Investors in the round: Alumni Ventures, Amplo, Atreides Management, Collaborative Fund, Lumina Partners, Patrick Collison, Two Sigma Ventures, Valor Equity Partners
Indusattempt: Electronics, Hardware, Internet
Founders: Alex Wiltschko, Andy Palmer
Founding year: 2022
Total equity funding raised: $130.0M

8. Novig $75.0M
Round: Series B
Description: Novig is a sweepstakes-based sports prediction market in which utilizers participate in peer-to-peer wagering on sporting events. Founded by Jacob Fortinsky and Kelechi Ukah in 2021, Novig has now raised a total of $99.9M in total equity funding and is backed by Edge Equity, Gaingels, Forerunner, Y Combinator, and Lux Capital.
Investors in the round: Edge Equity, Forerunner, Makers Fund, Multicoin Capital, NFX, Pantera Capital, Perceptive Ventures
Indusattempt: Gambling, Mobile, Prediction Markets, Sports
Founders: Jacob Fortinsky, Kelechi Ukah
Founding year: 2021
Total equity funding raised: $99.9M

7. Profound $96.0M
Round: Series C
Description: Profound is an AI visibility and content optimization platform that assists brands optimize their visibility in generative AI search. Founded by Dylan Babbs and James Cadwallader in 2024, Profound has now raised a total of $154.5M in total equity funding and is backed by Lightspeed Venture Partners, Sequoia Capital, Khosla Ventures, South Park Commons, and Kleiner Perkins.
Investors in the round: Evantic Capital, Kleiner Perkins, Lightspeed Venture Partners, Saga Ventures, Sequoia Capital, South Park Commons
Indusattempt: Analytics, Artificial Ininformigence (AI), Generative AI, SEO
Founders: Dylan Babbs, James Cadwallader
Founding year: 2024
Total equity funding raised: $154.5M

6. Basis $100.0M
Round: Series B
Description: Basis provides an AI agent platform that automates accounting workflows for professionals. Founded by Matt Harpe and Mitchell Troyanovsky in 2023, Basis has now raised a total of $137.6M in total equity funding and is backed by Gautam Kedia, Accel, BoxGroup, Khosla Ventures, and Better Tomorrow Ventures.
Investors in the round: Aaron Levie, Accel, Adam D’Angelo, Amjad Masad, Avid Ventures, Better Tomorrow Ventures, BoxGroup, Claire Hughes Johnson, Clem Delangue, Eric Wu, Gautam Kedia, Google Ventures, Jack Altman, Jeff Dean, Jeff Wilke, Khosla Ventures, Kris Fredrickson, Kyle Vogt, Lloyd Blankfein, NFDG Ventures, Noam Brown, Scott Belsky
Indusattempt: Accounting, Artificial Ininformigence (AI), Information Technology
Founders: Matt Harpe, Mitchell Troyanovsky
Founding year: 2023
Total equity funding raised: $137.6M

5. Garner Health $118.0M
Round: Series D
Description: Garner Health is a healthcare technology company that connects employers and employees with high-performing medical providers. Founded by Nick Reber in 2019, Garner Health has now raised a total of $219.3M in total equity funding and is backed by BoxGroup, Thrive Capital, Kleiner Perkins, Founders Fund, and Maverick Ventures.
Investors in the round: Kaiser Permanente Ventures, Kleiner Perkins, Maverick Ventures, Mercy, Plus Capital, Redpoint
Indusattempt: Big Data, Business Ininformigence, Employee Benefits, Health Care, Software
Founders: Nick Reber
Founding year: 2019
Total equity funding raised: $219.3M

4. Whop $200.0M
Round: Venture
Description: Whop is a marketplace designed for entrepreneurs that facilitates the purchaseing and selling of communities, courses, and software. Founded by Cameron Zoub, Jack Sharkey, and Steven Schwartz in 2021, Whop has now raised a total of $273.0M in total equity funding and is backed by Insight Partners, Bain Capital Ventures, A*, SignalFire, and Motley Fool Ventures.
Investors in the round: Tether Ventures
Indusattempt: E-Commerce, Internet, Marketplace
Founders: Cameron Zoub, Jack Sharkey, Steven Schwartz
Founding year: 2021
Total equity funding raised: $273.0M

💡 CONNECT WITH NYC INNOVATORS

Join NYC’s top tech companies in reaching AlleyWatch’s engaged audience of founders, investors, and decision-creaters. Learn More →

3. Talkiaattempt $210.0M
Round: Series D
Description: Talkiaattempt provides virtual mental healthcare services covered by insurance, connecting patients with licensed psychiatrists. Founded by Georgia Gaveras and Robert Krayn in 2019, Talkiaattempt has now raised a total of $452.0M in total equity funding and is backed by Andreessen Horowitz, Left Lane Capital, Perceptive Advisors, Blisce, and GreyMatter.
Investors in the round: Andreessen Horowitz, Blisce, Left Lane Capital, Perceptive Advisors, Sofina
Indusattempt: Health Care, Medical, Mental Health, mHealth, Wellness
Founders: Georgia Gaveras, Robert Krayn
Founding year: 2019
Total equity funding raised: $452.0M

2. Runway $315.0M
Round: Series E
Description: Runway offers generative AI tools for creating images, videos, and simulations, enabling new creative workflows through AI. Founded by Alejandro Ortiz, Anastasis Germanidis, and Cristobal Barrera in 2018, Runway has now raised a total of $859.5M in total equity funding and is backed by General Atlantic, NVIDIA, Madrona, Felicis, and Coatue.
Investors in the round: Adobe Ventures, AllianceBernstein, AMD Ventures, Emphatic Capital, Felicis, Fidelity, General Atlantic, Mirae Asset, NVIDIA, Premji Invest
Indusattempt: Apps, Artificial Ininformigence (AI), Foundational AI, Generative AI, Machine Learning, Software, Video Editing
Founders: Alejandro Ortiz, Anastasis Germanidis, Cristobal Barrera
Founding year: 2018
Total equity funding raised: $859.5M

1. Vestwell $385.0M
Round: Series E
Description: Vestwell is a digital savings platform that offers and manages a range of savings and retirement plans. Founded by Aaron Schumm in 2016, Vestwell has now raised a total of $623.8M in total equity funding and is backed by Blue Owl, Franklin Templeton, Lightspeed Venture Partners, Primary Venture Partners, and HarbourVest Partners.
Investors in the round: Blue Owl Capital Corporation, Franklin Templeton, HarbourVest Partners, Morgan Stanley, Neuberger Berman, Silver Lake Waterman, Sixth Street Growth, TIAA Ventures
Indusattempt: Employee Benefits, Finance, Financial Services, FinTech, Retirement
Founders: Aaron Schumm
Founding year: 2016
Total equity funding raised: $623.8M
AlleyWatch’s exclusive coverage of this round: Vestwell Raises $385M to Power Modern Savings Infrastructure Across America