Silicon Valley is still the king of American venture capital: last year the San Francisco-Oakland-Hayward, CA metro area contributed just over $23 billion, or 34.13%, of the nation’s entire VC spending. While it’s not entirely true that New York City is hot on its heels, the Big Apple’s wider metro area is the country’s second-largest spender with $7.5bn, or 11% of its total. As the tech industry becomes more diffuse across the States NYC’s VCs have become major players, leading thousands of funding rounds. Here are ten of the most exciting firms changing the industry from the city that never sleeps.
Insight Venture Partners
Founded in 1995 with a software-centric vision, Insight Venture Partners launched ahead of the curve – and have remained so ever since. The firm, headquartered smack-bang in the center of Midtown Manhattan, has raised over $18bn, has invested in over 300 companies and has overseen more than 40 IPOs. Its portfolio includes BlaBlaCar, Delivery Hero and Hootsuite.
Last year Insight topped New York’s VC lead investment table with 138 of its 243 rounds led from the front. That’s over half – showing just how confident the company’s storied management team are at finding the Next Big Thing.Read Complete Article