The document provides an overview of top funded business models in the United States tech sector over the last year. The top 3 models were drugs for multiple cancer types ($6B), autonomous cars ($5.3B), and hyperlocal delivery ($4B). It includes 50 slides summarizing various models with funding amounts, number of funding rounds, examples of recent rounds, and taxonomies of related models.

1. TRACXN TOP BUSINESS MODELS REPORT
February 17, 2022
UNITED STATES TECH

2. United States Tech - Top Business Models Report Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Contents
United StatesUnited States Tech Funding
- Overview
3
Top Funded Business Models 4
One pagers 9
Appendix 59
2

3. United States Tech - Top Business Models Report Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
United States Tech - Funding in last 1 year
3
Cybersecurity $18.6B
HRTech $14.6B
E-Commerce Enablers $12.5B
Healthcare IT $12.0B
Logistics Tech $11.6B
Oncology $10.9B
Y-o-Y Funding
Top Investors by Funding Rounds
Seed
Stage
Y Combinator
Techstars
Gaingels Syndicate
245
57
37
Early
Stage
Andreessen Horowitz
Tiger Global Management
Insight Partners
94
82
66
Late
Stage
Tiger Global Management
Insight Partners
Andreessen Horowitz
112
77
66
Funding by Geography
Top Feeds by $ Funding
Top Funding Rounds
$ Funding # Rounds
Waymo
(2016, Mountain View)
$2.5B - Series E
Rivian
(2009, Normal)
$2.5B - Series E
CFS
(2018, Cambridge)
$1.8B - Series B
Databricks
(2013, San Francisco)
$1.6B - Series H
Gopuff
(2013, Philadelphia)
$1.5B - Series G
Gopuff
(2013, Philadelphia)
$1.5B - Series I
Articulate
(2002, New York City)
$1.5B - Series A
Sierra Space
(2021, Broomfield)
$1.4B - Series A
Cruise
(2013, San Francisco)
$1.4B - Series J
Lacework
(2015, San Jose)
$1.3B - Series D
Devoted Health
(2017, Eagan)
$1.1B - Series D
Thrasio
(2018, Walpole)
$1.0B - Series D
San Francisco (23%)
New York City (14%)
Boston (4%)
Cambridge (3%)
Palo Alto (3%)
Others (53%)

4. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
United States Tech - Top Business Models Report
United States Tech - Top Funded Business Models - last 1 year (1/5)
4
Rank Business Model $ Funding # Rounds Top Funding Round Details
1<> 0 Drugs for Multiple Cancer Types $6.0B 145 Umoja Biopharma | $210M | Series B Link
2<> 0 Autonomous Cars $5.3B 11 Waymo | $2.5B | Series E Link
3▲72 Hyperlocal Delivery $4.0B 7 Gopuff | $1.5B | Series G Link
4▼1 Electric Pickup Truck Manufacturers $2.5B 2 Rivian | $2.5B | Series E Link
5▲4 Data Science Platforms $2.5B 8 Databricks | $1.6B | Series H Link
6▲2 Life Sciences Research Services $2.2B 49 Immunai | $215M | Series B Link
7▲22 Cloud Infrastructure Security $2.0B 15 Lacework | $1.3B | Series D Link
8▲35 Container Security $2.0B 7 Lacework | $1.3B | Series D Link
9▲56 Satellite Communication Services $1.8B 6 OneWeb | $550M | Series F Link
10▲451 Tokamak Fusion Reactors $1.8B 1 CFS | $1.8B | Series B Link
* Rank is based on $Invested in last 1 year in the Business Model. ▲- Indicates change in Rank from previous 1 year.

5. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
United States Tech - Top Business Models Report
United States Tech - Top Funded Business Models - last 1 year (2/5)
5
Rank Business Model $ Funding # Rounds Top Funding Round Details
11▲24 Cloud Security $1.8B 24 Lacework | $1.3B | Series D Link
12▼8 Cryptocurrency Trading Platforms $1.6B 18 MoonPay | $555M | Series A Link
13▲406 Security Incident and Event Management (SIEM) $1.6B 8 Securonix | $1.0B | Series C Link
14-- Space Mission Launch Services $1.6B 3 Sierra Space | $1.4B | Series A Link
15▲3 Neurological Disorder Drugs $1.6B 28 Neumora | $500M | Series A Link
16▲2397 Course Content Creation $1.5B 1 Articulate | $1.5B | Series A Link
17▲53 Autoimmune Disorders Drugs $1.5B 20 Sonoma Biothe.. | $265M | Series B Link
18▲46 eCommerce Marketing $1.5B 15 Attentive | $470M | Series E Link
19▲842 Blockchain Security $1.5B 17 Fireblocks | $550M | Series E Link
20▼3 Cheminformatics Software $1.3B 16 XtalPi | $400M | Series D Link
* Rank is based on $Invested in last 1 year in the Business Model. ▲- Indicates change in Rank from previous 1 year.

6. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
United States Tech - Top Business Models Report
United States Tech - Top Funded Business Models - last 1 year (3/5)
6
Rank Business Model $ Funding # Rounds Top Funding Round Details
21▲6 Licensed Sports Merchandise E-Commerce $1.3B 4 Fanatics | $350M | Series E Link
22▲49 Sequencing-based Genomic Precision Medicine $1.3B 16 Caris Life Sc.. | $830M | Series D Link
23▼13 Internet First Health Insurers $1.3B 7 Devoted Health | $1.1B | Series D Link
24▼17 Gene Therapy Drugs $1.2B 29 Wugen | $172M | Series B Link
25▲262
Employee Behavioural Health Management
Solutions
$1.2B 13 Noom | $540M | Series F Link
26▲421 Dapp Development Platforms $1.2B 22 Forte | $725M | Series B Link
27▲140
Internet First Banks for Businesses with Partner
Bank's License
$1.2B 15 Brex | $425M | Series D Link
28▲185 Corporate Travel & Expense Cards $1.2B 8 Brex | $425M | Series D Link
29▲192 Internet First Corporate Credit Card Issuers $1.1B 9 Brex | $425M | Series D Link
30▼15
Internet First Retail Banks with Partner Bank's
License
$1.1B 20 Chime | $750M | Series G Link
* Rank is based on $Invested in last 1 year in the Business Model. ▲- Indicates change in Rank from previous 1 year.

7. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
United States Tech - Top Business Models Report
United States Tech - Top Funded Business Models - last 1 year (4/5)
7
Rank Business Model $ Funding # Rounds Top Funding Round Details
31▲7 Business Payments Solutions $1.1B 11 Stripe | $600M | Series H Link
32▲301 Payroll Management Solutions $1.1B 10 Deel | $425M | Series D Link
33▲18 Neurodegenerative Disorders Drugs $1.1B 25 Sonoma Biothe.. | $265M | Series B Link
34▲114 PC and Console Game Publishers $1.0B 3 Epic Games | $1.0B | Series E Link
35▲182 Spreadsheet Based App Development $1.0B 2 Airtable | $735M | Series F Link
36-- Politics Focused Social Networks $1.0B 2 Truth Social | $1.0B | Series D Link
37▲1348 Process Mining $1.0B 1 Celonis | $1.0B | Series D Link
38▲12 Hematologic Cancer Drugs $994M 8 ElevateBio | $525M | Series C Link
39▼23 Cancer Diagnostic Tests $873M 7 Freenome | $300M | Series D Link
40▲5 Gene Editing Platforms $857M 10 Prime Medicine | $200M | Series B Link
* Rank is based on $Invested in last 1 year in the Business Model. ▲- Indicates change in Rank from previous 1 year.

8. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
United States Tech - Top Business Models Report
United States Tech - Top Funded Business Models - last 1 year (5/5)
8
Rank Business Model $ Funding # Rounds Top Funding Round Details
41▲139 Tech First Medical Clinics $857M 8 Cityblock | $400M | Series D Link
42▼17 Truck Booking Marketplaces $850M 18 Arrive Logist.. | $300M | Series C Link
43▲764 Lithium Battery Recyclers $841M 4 Redwood Mater.. | $700M | Series C Link
44▲1244 Blockchain Networks $840M 28 SCRT Labs | $400M | Series D Link
45▲326 Business Management Software $830M 6 SpotOn | $300M | Series E Link
46▲468 KYC for Financial Institutions $826M 12 Socure | $450M | Series E Link
47▲607 Proteomics Drug Discovery Software $819M 11 Eikon | $518M | Series B Link
48▲57 Corporate Travel Expense Management $804M 5 Brex | $425M | Series D Link
49▲11 Endpoint Security $800M 5 Cybereason | $275M | Series F Link
50▲336 Field force solutions for Home Service Businesses $788M 5 ServiceTitan | $500M | Series F Link
* Rank is based on $Invested in last 1 year in the Business Model. ▲- Indicates change in Rank from previous 1 year.

9. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
United States Tech - Top Business Models Report
Recent Funding Rounds
Umoja Biopharma (2019, Seattle)
$210M - Series B - Jun 2021
Pyxis Oncology (2019, Boston)
$173M - Series B - Mar 2021
Century Therap.. (2018, Philadelphia)
$160M - Series C - Mar 2021
Shoreline Bioscie.. (2020, San Diego)
$140M - Series B - Nov 2021
Nuvalent (2017, Cambridge)
$135M - Series B - May 2021
Skyhawk Therapeutics (2017, Waltham)
$133M - Series B - Sep 2021
Janux Therapeutics (2017, La Jolla)
$125M - Series B - Apr 2021
View all 145 Funding Rounds on Tracxn Platform
Drugs for Multiple Cancer Types - United
States
01
9
Back to index
Oncology (Guardant Health)
(# Cos: 2366 | $69.1B)
Drugs (BeiGene)
(# Cos: 1587 | $51.5B)
Diversified (Moderna)
(# Cos: 1280 | $40.4B)
Taxonomy
$ Invested in last 1 year in United
States Tech
Key Stats
# Funding Rounds in last 1 year in
United States Tech
$6.0B (▼11.2%)
145(▼4.6%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
131
$40.4B
915
228
1280
156
Moderna
(2010, Cambridge, $2.8B)
BeiGene
(2010, Cambridge, $172M)
Kite Pharma
(2009, Los Angeles, $97.7M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

10. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
United States Tech - Top Business Models Report
Recent Funding Rounds
Waymo (2016, Mountain View)
$2.5B - Series E - Jun 2021
Cruise (2013, San Francisco)
$1.4B - Series J - Feb 2022
Cruise (2013, San Francisco)
$750M - Series J - Apr 2021
WeRide (2017, Sunnyvale)
$330M - Series C - Jun 2021
WeRide (2017, Sunnyvale)
$310M - Series C - May 2021
Argo AI (2017, Pittsburgh)
$97.3M - Series E - Nov 2021
Apex.AI (2007, Palo Alto)
$56.5M - Series B - Dec 2021
View all 11 Funding Rounds on Tracxn Platform
Autonomous Cars - United States
02
10
Back to index
Autonomous Vehicles (Scale)
(# Cos: 286 | $32.0B)
Self Driving Technology (Nuro)
(# Cos: 111 | $27.7B)
Cars (Aurora)
(# Cos: 53 | $21.4B)
Taxonomy
$ Invested in last 1 year in United
States Tech
Key Stats
# Funding Rounds in last 1 year in
United States Tech
$5.3B (▼1.1%)
11(▼15.4%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
10
$21.4B
29
1
53
12
Aurora
(2016, Palo Alto, $693M)
Cruise
(2013, San Francisco, $8.5B)
Waymo
(2016, Mountain View, $5.5B)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

11. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
United States Tech - Top Business Models Report
Recent Funding Rounds
Gopuff (2013, Philadelphia)
$1.5B - Series G - Mar 2021
Gopuff (2013, Philadelphia)
$1.5B - Series I - Dec 2021
Gopuff (2013, Philadelphia)
$1.0B - Series H - Jul 2021
MetroSpeedy (2015, New York City)
$5.0M - Seed - Sep 2021
Rapid Rabbits (2017, Washington, DC)
$3.3M - Series A - Aug 2021
UrbanShipper (2013, Cincinnati)
$451K - Seed - Feb 2022
Kitzuma (2020, Asheville)
$450K - Seed - Jun 2021
Hyperlocal Delivery - United States
03
11
Back to index
Logistics Tech (FourKites)
(# Cos: 4516 | $28.8B)
Parcel (OnFleet)
(# Cos: 643 | $6.4B)
Hyperlocal Delivery (Gopuff)
(# Cos: 289 | $5.4B)
Taxonomy
$ Invested in last 1 year in United
States Tech
Key Stats
# Funding Rounds in last 1 year in
United States Tech
$4.0B (▲872%)
7(▼22.2%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
6
$5.4B
40
-
289
5
Gopuff
(2013, Philadelphia, $5.1B)
DropOff
(2014, Austin, $17.4M)
Deliv
(2012, Menlo Park, $84.8M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

12. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
United States Tech - Top Business Models Report
Recent Funding Rounds
Electric Pickup Truck Manufacturers -
United States
04
12
Back to index
Taxonomy
$ Invested in last 1 year in United
States Tech
Key Stats
# Funding Rounds in last 1 year in
United States Tech
$2.5B (▼51.1%)
2(▼33.3%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$10.5B
3
2
4
1
Electric Vehicles (ChargePoint)
(# Cos: 1669 | $35.0B)
Automaker (Tesla)
(# Cos: 798 | $26.4B)
Off Highway Vehicles (Monarch)
(# Cos: 18 | $10.6B)
Pickup Trucks (Rivian)
(# Cos: 4 | $10.5B)
Rivian
(2009, Normal, $10.5B)
Lordstown Motors
(2019, Youngstown)
Bollinger Motors
(2014, Oak Park)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Rivian (2009, Normal)
$2.5B - Series E - Jul 2021
Hercules (2018, Farmington)
$20.0M - Series A - Mar 2021

13. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
United States Tech - Top Business Models Report
Recent Funding Rounds
Databricks (2013, San Francisco)
$1.6B - Series H - Aug 2021
Dataiku (2013, New York City)
$400M - Series E - Aug 2021
DataRobot (2012, Boston)
$300M - Series G - Jun 2021
Domino Data Lab (2013, San Francisco)
$100M - Series F - Oct 2021
Abacus.AI (2019, San Francisco)
$50.0M - Series C - Oct 2021
Obviously (2018, Berkeley)
$3.6M - Seed - May 2021
Dataiku (2013, New York City)
Undisclosed - Series D - Apr 2021
View all 8 Funding Rounds on Tracxn Platform
Data Science Platforms - United States
05
13
Back to index
Business Intelligence (ThoughtSpot)
(# Cos: 1808 | $19.0B)
Business Intelligence Suite (Databricks)
(# Cos: 278 | $9.2B)
Data Science Platform (Sisense)
(# Cos: 135 | $7.1B)
Taxonomy
$ Invested in last 1 year in United
States Tech
Key Stats
# Funding Rounds in last 1 year in
United States Tech
$2.5B (▲46%)
8(▼33.3%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
17
$7.1B
51
2
135
17
Sisense
(2004, New York City, $276M)
Databricks
(2013, San Francisco, $3.6B)
C3.ai
(2009, Redwood City, $410M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

14. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
United States Tech - Top Business Models Report
Recent Funding Rounds
Immunai (2018, New York City)
$215M - Series B - Oct 2021
Arbor Biotechnolo.. (2016, Cambridge)
$215M - Series B - Nov 2021
Wugen (2018, St. Louis)
$172M - Series B - Jul 2021
Mammoth (2017, San Francisco)
$150M - Series D - Sep 2021
Dewpoint Therapeutics (2018, Boston)
$150M - Series C - Feb 2022
Vividion Therapeu.. (2016, Oceanside)
$135M - Series C - Feb 2021
Modern Meadow (2011, Brooklyn)
$130M - Series C - Apr 2021
View all 49 Funding Rounds on Tracxn Platform
Life Sciences Research Services - United
States
06
14
Back to index
Life Sciences Platforms and Tools (Illumina)
(# Cos: 4221 | $35.5B)
Research Services (Ancestry)
(# Cos: 2198 | $22.2B)
Diversified (Ginkgo Bioworks)
(# Cos: 1519 | $17.4B)
Taxonomy
$ Invested in last 1 year in United
States Tech
Key Stats
# Funding Rounds in last 1 year in
United States Tech
$2.2B (▲18.7%)
49(▼41.7%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
187
$17.4B
839
67
1519
90
Ginkgo Bioworks
(2009, Boston, $796M)
Human Longevity
(2013, San Diego, $330M)
Bionano Genomics
(2003, San Diego, $123M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

15. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
United States Tech - Top Business Models Report
Recent Funding Rounds
Lacework (2015, San Jose)
$1.3B - Series D - Nov 2021
Illumio (2013, Sunnyvale)
$225M - Series F - Jun 2021
Aviatrix (2014, Santa Clara)
$200M - Series E - Sep 2021
Aqua Security (2015, Burlington)
$135M - Series E - Mar 2021
Aviatrix (2014, Santa Clara)
$75.0M - Series D - Feb 2021
Sonrai Security (2017, New York City)
$50.0M - Series C - Oct 2021
Webscale (2012, Mountain View)
$26.0M - Series C - Mar 2021
View all 15 Funding Rounds on Tracxn Platform
Cloud Infrastructure Security - United
States
07
15
Back to index
Cybersecurity (Okta)
(# Cos: 5687 | $68.1B)
Cloud Security (Netskope)
(# Cos: 148 | $7.4B)
Cloud Infrastructure Security (Threat
Stack)
(# Cos: 81 | $4.5B)
Taxonomy
$ Invested in last 1 year in United
States Tech
Key Stats
# Funding Rounds in last 1 year in
United States Tech
$2.0B (▲192%)
15(▼6.3%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
24
$4.5B
50
-
81
19
Threat Stack
(2012, Boston, $72.4M)
HyTrust
(2007, Mountain View, $95.5M)
Aviatrix
(2014, Santa Clara, $346M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

16. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
United States Tech - Top Business Models Report
Recent Funding Rounds
Container Security - United States
08
16
Back to index
Docker Ecosystem (Red Hat)
(# Cos: 191 | $5.6B)
Container Security (StackRox)
(# Cos: 18 | $3.2B)
Taxonomy
$ Invested in last 1 year in United
States Tech
Key Stats
# Funding Rounds in last 1 year in
United States Tech
$2.0B (▲235%)
7(▲75%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
7
$3.2B
15
-
18
6
StackRox
(2014, Mountain View, $65.5M)
Sysdig
(2013, Davis, $744M)
Aqua Security
(2015, Burlington, $265M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Lacework (2015, San Jose)
$1.3B - Series D - Nov 2021
Sysdig (2013, Davis)
$350M - Series G - Dec 2021
Sysdig (2013, Davis)
$189M - Series F - Apr 2021
Aqua Security (2015, Burlington)
$135M - Series E - Mar 2021
KSOC (2015, San Francisco)
$6.0M - Seed - Feb 2022
Aqua Security (2015, Burlington)
Undisclosed - Series E - Nov 2021
Lacework (2015, San Jose)
Undisclosed - Series D - Feb 2022

17. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
United States Tech - Top Business Models Report
Recent Funding Rounds
OneWeb (2012, Mclean)
$550M - Series F - Apr 2021
OneWeb (2012, Mclean)
$500M - Series F - Jun 2021
OneWeb (2012, Mclean)
$300M - Series F - Aug 2021
Astranis (2015, San Francisco)
$250M - Series C - Apr 2021
HawkEye 360 (2015, Herndon)
$150M - Series D - Nov 2021
HawkEye 360 (2015, Herndon)
$55.0M - Series C - Apr 2021
Satellite Communication Services -
United States
09
17
Back to index
NewSpace (SpaceX)
(# Cos: 439 | $21.9B)
Space Services (Planet)
(# Cos: 111 | $8.0B)
Communication (OneWeb)
(# Cos: 35 | $6.0B)
Taxonomy
$ Invested in last 1 year in United
States Tech
Key Stats
# Funding Rounds in last 1 year in
United States Tech
$1.8B (▲301%)
6(▲20%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
8
$6.0B
23
-
35
8
OneWeb
(2012, Mclean, $4.8B)
Swarm Technologies
(2016, Palo Alto, $28.0M)
Skylo
(2017, San Mateo, $116M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

18. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
United States Tech - Top Business Models Report
Recent Funding Rounds
Tokamak Fusion Reactors - United States
10
18
Back to index
Taxonomy
$ Invested in last 1 year in United
States Tech
Key Stats
# Funding Rounds in last 1 year in
United States Tech
$1.8B (▲2043%)
1( <> 0% )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$2.1B
1
-
1
1
Nuclear Energy (Exelon)
(# Cos: 60 | $4.0B)
Hardware Developer (NuScale Power)
(# Cos: 25 | $3.9B)
Reactors (TerraPower)
(# Cos: 25 | $3.9B)
Nuclear Fusion (TAE Technologies)
(# Cos: 15 | $3.7B)
Magnetic (Phoenix)
(# Cos: 10 | $3.6B)
Hydrogen (Helion)
(# Cos: 8 | $2.6B)
Tokamak (CFS)
(# Cos: 1 | $2.1B)
CFS
(2018, Cambridge, $2.1B)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
CFS (2018, Cambridge)
$1.8B - Series B - Dec 2021

19. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
United States Tech - Top Business Models Report
Recent Funding Rounds
Cloud Security - United States
11
19
Back to index
Cloud Infrastructure (CenturyLink)
(# Cos: 743 | $16.0B)
Cloud Security (Netskope)
(# Cos: 139 | $7.8B)
Taxonomy
$ Invested in last 1 year in United
States Tech
Key Stats
# Funding Rounds in last 1 year in
United States Tech
$1.8B (▲174%)
24(▲9.1%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
45
$7.8B
92
1
139
29
Netskope
(2012, Santa Clara, $1.0B)
Arctic Wolf
(2012, Sunnyvale, $500M)
Threat Stack
(2012, Boston, $72.4M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Lacework (2015, San Jose)
$1.3B - Series D - Nov 2021
Sysdig (2013, Davis)
$350M - Series G - Dec 2021
Netskope (2012, Santa Clara)
$300M - Series H - Jul 2021
Illumio (2013, Sunnyvale)
$225M - Series F - Jun 2021
Aviatrix (2014, Santa Clara)
$200M - Series E - Sep 2021
Sysdig (2013, Davis)
$189M - Series F - Apr 2021
Arctic Wolf (2012, Sunnyvale)
$150M - Series F - Jul 2021
View all 24 Funding Rounds on Tracxn Platform

20. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
United States Tech - Top Business Models Report
Recent Funding Rounds
Cryptocurrency Trading Platforms -
United States
12
20
Back to index
Taxonomy
$ Invested in last 1 year in United
States Tech
Key Stats
# Funding Rounds in last 1 year in
United States Tech
$1.6B (▼66.1%)
18(▲38.5%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
8
$8.9B
57
2
448
15
Cryptocurrencies (ConsenSys)
(# Cos: 3649 | $18.0B)
Financial Services (BitPay)
(# Cos: 2332 | $14.6B)
Investment Industry (Coinbase)
(# Cos: 1607 | $11.0B)
Online Trading Platforms (Robinhood)
(# Cos: 665 | $9.1B)
Regular Trading (Gemini)
(# Cos: 448 | $8.9B)
Gemini
(2015, New York City, $400M)
Robinhood
(2013, Menlo Park, $5.7B)
tZERO
(2014, New York City, $260M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
MoonPay (2019, Remote)
$555M - Series A - Oct 2021
Fireblocks (2018, New York City)
$550M - Series E - Jan 2022
Gemini (2015, New York City)
$400M - Series A - Nov 2021
FTX US (2019, Berkeley)
$400M - Series A - Jan 2022
Fireblocks (2018, New York City)
$310M - Series D - Jul 2021
Fireblocks (2018, New York City)
$133M - Series C - Mar 2021
iTrustCapital (2017, Encino)
$125M - Series A - Jan 2022
View all 18 Funding Rounds on Tracxn Platform

21. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
United States Tech - Top Business Models Report
Recent Funding Rounds
Securonix (2007, Addison)
$1.0B - Series C - Feb 2022
Devo (2011, Cambridge)
$250M - Series E - Oct 2021
Exabeam (2013, Foster City)
$200M - Series F - Jun 2021
Panther (2018, San Francisco)
$120M - Series B - Dec 2021
Adlumin (2016, Washington, DC)
$25.0M - Series B - Dec 2021
Securonix (2007, Addison)
$24.0M - Series B - Mar 2021
Blumira (2018, Ann Arbor)
$10.3M - Series A - Aug 2021
View all 8 Funding Rounds on Tracxn Platform
Security Incident and Event Management (SIEM)
- United States
13
21
Back to index
Cybersecurity (Okta)
(# Cos: 5687 | $68.1B)
Security Analytics (Rapid7)
(# Cos: 439 | $6.9B)
SIEM (Sumo Logic)
(# Cos: 61 | $3.1B)
Taxonomy
$ Invested in last 1 year in United
States Tech
Key Stats
# Funding Rounds in last 1 year in
United States Tech
$1.6B (▲1574%)
8( <> 0% )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
24
$3.1B
34
4
61
7
Sumo Logic
(2010, Redwood City, $346M)
Rapid7
(2000, Boston, $92.3M)
Exabeam
(2013, Foster City, $390M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

22. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
United States Tech - Top Business Models Report
Recent Funding Rounds
Space Mission Launch Services - United
States
14
22
Back to index
Taxonomy
$ Invested in last 1 year in United
States Tech
Key Stats
# Funding Rounds in last 1 year in
United States Tech
$1.6B ( -- )
3( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
6
$2.2B
13
1
38
5
NewSpace (SpaceX)
(# Cos: 439 | $21.9B)
Support Engineering (Kymeta)
(# Cos: 206 | $3.2B)
Services (Astra)
(# Cos: 56 | $2.2B)
Mission Launch (Spaceflight)
(# Cos: 38 | $2.2B)
Spaceflight
(2010, Seattle, $235M)
Astra
(2016, San Francisco, $100M)
Loft Orbital
(2016, San Francisco, $160M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Sierra Space (2021, Broomfield)
$1.4B - Series A - Nov 2021
Loft Orbital (2016, San Francisco)
$140M - Series B - Dec 2021
Voyager Space (2019, Denver)
$26.1M - Series B - Jul 2021

23. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
United States Tech - Top Business Models Report
Recent Funding Rounds
Neumora (2020, Watertown)
$500M - Series A - Oct 2021
Jaguar Gene The.. (2019, Lake Forest)
$139M - Series B - Apr 2021
Neurelis (2007, Encinitas)
$115M - Series D - Mar 2021
Septerna (2020, San Bruno)
$100M - Series A - Jan 2022
Vigil (2020, Cambridge)
$90.0M - Series B - Aug 2021
Flare Therapeutics (2021, Cambridge)
$82.0M - Series A - May 2021
Ceptur Therape.. (2021, Hillsborough)
$75.0M - Series A - Jan 2022
View all 28 Funding Rounds on Tracxn Platform
Neurological Disorder Drugs - United
States
15
23
Back to index
Neurology (AskBio)
(# Cos: 1418 | $23.3B)
Drugs (Biogen)
(# Cos: 829 | $18.5B)
Diversified (PureTech Health)
(# Cos: 204 | $5.9B)
Taxonomy
$ Invested in last 1 year in United
States Tech
Key Stats
# Funding Rounds in last 1 year in
United States Tech
$1.6B (▲55.6%)
28(▼17.6%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
18
$5.9B
151
31
204
29
PureTech Health
(2001, Boston, $107M)
ElectroCore
(2005, Basking Ridge, $121M)
Cerevance
(2015, Cambridge, $106M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

24. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
United States Tech - Top Business Models Report
Recent Funding Rounds
Articulate (2002, New York City)
$1.5B - Series A - Jul 2021
Course Content Creation - United States
16
24
Back to index
HRTech (Pluralsight)
(# Cos: 9742 | $41.2B)
LMS (Blackboard)
(# Cos: 887 | $4.1B)
Course Content Creation (Articulate)
(# Cos: 24 | $1.5B)
Taxonomy
$ Invested in last 1 year in United
States Tech
Key Stats
# Funding Rounds in last 1 year in
United States Tech
$1.5B (▲ >10K%)
1( <> 0% )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
2
$1.5B
14
-
24
2
Articulate
(2002, New York City, $1.5B)
TechSmith
(1987, Okemos)
Synapse
(2015, Austin, $6.3M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

25. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
United States Tech - Top Business Models Report
Recent Funding Rounds
Sonoma Biothe.. (2012, San Francisco)
$265M - Series B - Aug 2021
Alumis (2021, San Francisco)
$200M - Series B - Jan 2022
Ventyx Biosciences (2018, Encinitas)
$114M - Series B - Mar 2021
BioTheryX (2007, Chappaqua)
$92.1M - Series E - May 2021
Regor (2018, Boston)
$90.0M - Series B - Feb 2021
Kyverna Therapeutics (2018, Berkeley)
$85.0M - Series B - Jan 2022
ROME Therapeutics (2020, Cambridge)
$77.0M - Series B - Sep 2021
View all 20 Funding Rounds on Tracxn Platform
Autoimmune Disorders Drugs - United
States
17
25
Back to index
Immunology (Kadmon)
(# Cos: 462 | $17.4B)
Drugs (Moderna)
(# Cos: 406 | $16.7B)
Autoimmune Diseases (Biogen)
(# Cos: 70 | $5.3B)
Taxonomy
$ Invested in last 1 year in United
States Tech
Key Stats
# Funding Rounds in last 1 year in
United States Tech
$1.5B (▲258%)
20(▲66.7%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
1
$5.3B
46
14
70
12
Biogen
(1978, Cambridge, $80.0M)
Moderna
(2010, Cambridge, $2.8B)
X-37
(2019, San Francisco, $14.5M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

26. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
United States Tech - Top Business Models Report
Recent Funding Rounds
Attentive (2016, New York City)
$470M - Series E - Mar 2021
Rokt (2012, New York City)
$325M - Series E - Dec 2021
Klaviyo (2012, Boston)
$320M - Series D - May 2021
Yotpo (2011, New York City)
$230M - Series F - Feb 2021
6sense (2013, San Francisco)
$200M - Series E - Jan 2022
Stackline (2015, Seattle)
$130M - Series B - Jun 2021
6sense (2013, San Francisco)
$125M - Series D - Mar 2021
View all 15 Funding Rounds on Tracxn Platform
eCommerce Marketing - United States
18
26
Back to index
MarketingTech (Seismic)
(# Cos: 10576 | $42.4B)
Industry Specific Marketing (Yodle)
(# Cos: 1198 | $7.6B)
eCommerce (Klaviyo)
(# Cos: 322 | $5.3B)
Taxonomy
$ Invested in last 1 year in United
States Tech
Key Stats
# Funding Rounds in last 1 year in
United States Tech
$1.5B (▲226%)
15(▼16.7%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
72
$5.3B
175
7
322
28
Klaviyo
(2012, Boston, $679M)
CallidusCloud
(1996, Pleasanton, $89.3M)
AdRoll
(2007, San Francisco, $94.0M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

27. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
United States Tech - Top Business Models Report
Recent Funding Rounds
Fireblocks (2018, New York City)
$550M - Series E - Jan 2022
Secret Network (2020, Chicago)
$400M - Series C - Jan 2022
Fireblocks (2018, New York City)
$310M - Series D - Jul 2021
Fireblocks (2018, New York City)
$133M - Series C - Mar 2021
Chainalysis (2014, New York City)
$100M - Series E - Jun 2021
Chainalysis (2014, New York City)
$100M - Series D - Mar 2021
TRM (2018, San Francisco)
$60.0M - Series B - Dec 2021
View all 17 Funding Rounds on Tracxn Platform
Blockchain Security - United States
19
27
Back to index
Blockchain Infrastructure (ConsenSys)
(# Cos: 632 | $8.8B)
Enablers (Fireblocks)
(# Cos: 92 | $2.2B)
Security (Chainalysis)
(# Cos: 45 | $2.1B)
Taxonomy
$ Invested in last 1 year in United
States Tech
Key Stats
# Funding Rounds in last 1 year in
United States Tech
$1.5B (▲3782%)
17(▲240%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
3
$2.1B
23
-
45
11
Chainalysis
(2014, New York City, $367M)
Fireblocks
(2018, New York City, $1.0B)
Casa
(2016, New York City, $10.0M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

28. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
United States Tech - Top Business Models Report
Recent Funding Rounds
Cheminformatics Software - United
States
20
28
Back to index
Taxonomy
$ Invested in last 1 year in United
States Tech
Key Stats
# Funding Rounds in last 1 year in
United States Tech
$1.3B (▲30.8%)
16(▲14.3%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
15
$3.4B
74
1
125
19
Life Sciences Tech (Illumina)
(# Cos: 2131 | $19.9B)
Research & Development (Medidata)
(# Cos: 1698 | $16.4B)
Drug Discovery (Human Longevity)
(# Cos: 499 | $8.7B)
Cheminformatics (Insitro)
(# Cos: 125 | $3.4B)
Insitro
(2018, San Francisco, $643M)
Schrodinger
(1990, New York City, $162M)
HotSpot Therapeutics
(2017, Boston, $210M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
XtalPi (2014, Cambridge)
$400M - Series D - Aug 2021
Insitro (2018, San Francisco)
$400M - Series C - Mar 2021
InterVenn (2017, San Francisco)
$201M - Series C - Aug 2021
ValoHealth (2019, Boston)
$110M - Series B - Mar 2021
HotSpot Therapeutics (2017, Boston)
$100M - Series C - Nov 2021
METiS (2021, Cambridge)
$86.0M - Series A - Dec 2021
Recludix Pharma (2020, San Diego)
$60.0M - Series A - Nov 2021
View all 16 Funding Rounds on Tracxn Platform

29. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
United States Tech - Top Business Models Report
Recent Funding Rounds
Fanatics (1995, Jacksonville)
$350M - Series E - Sep 2021
Fanatics (1995, Jacksonville)
$337M - Series D - Aug 2021
Fanatics (1995, Jacksonville)
$320M - Series D - Mar 2021
Fanatics (1995, Jacksonville)
$320M - Series E - Mar 2021
Licensed Sports Merchandise E-
Commerce - United States
21
29
Back to index
Licensed Merchandise E-Commerce (Quidd)
(# Cos: 197 | $5.5B)
Sports (Loupe)
(# Cos: 68 | $5.1B)
Multi Category (Fanatics)
(# Cos: 27 | $5.1B)
Taxonomy
$ Invested in last 1 year in United
States Tech
Key Stats
# Funding Rounds in last 1 year in
United States Tech
$1.3B (▲89.5%)
4(▲33.3%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
1
$5.1B
6
-
27
3
Fanatics
(1995, Jacksonville, $2.4B)
Fanatics
(1995, Jacksonville, $2.6B)
Goldin Auctions
(2012, Runnemede, $40.0M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

30. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
United States Tech - Top Business Models Report
Recent Funding Rounds
Sequencing-based Genomic Precision
Medicine - United States
22
30
Back to index
Taxonomy
$ Invested in last 1 year in United
States Tech
Key Stats
# Funding Rounds in last 1 year in
United States Tech
$1.3B (▲209%)
16(▼11.1%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
26
$9.3B
134
36
246
20
Genomics (23andMe)
(# Cos: 3492 | $61.6B)
Applied Genomics (Ginkgo Bioworks)
(# Cos: 2024 | $42.7B)
Clinical Genomics (Natera)
(# Cos: 1100 | $30.7B)
Diagnostics (Adaptive Biotechnologies)
(# Cos: 785 | $20.1B)
Sequencing-based (Guardant Health)
(# Cos: 649 | $18.8B)
Precision Medicine (Bluebird Bio)
(# Cos: 246 | $9.3B)
Bluebird Bio
(1992, Cambridge, $136M)
Intellia Therapeutics
(2014, Cambridge, $85.0M)
Seattle Genetics
(1998, Bothell)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Caris Life Sciences (1996, Irving)
$830M - Series D - May 2021
SHINE Medical Techno.. (2010, Monona)
$150M - Series C - Jun 2021
Omega Therapeutics (2016, Cambridge)
$126M - Series C - Mar 2021
DTx Pharma (2017, San Diego)
$100M - Series B - Mar 2021
Xilis (2019, Durham)
$70.0M - Series A - Jul 2021
Bluestar Geno.. (2016, San Francisco)
$70.0M - Series C - May 2021
Juventas Therapeu.. (2007, Cleveland)
$64.2M - Series C - Oct 2021
View all 16 Funding Rounds on Tracxn Platform

31. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
United States Tech - Top Business Models Report
Recent Funding Rounds
Devoted Health (2017, Eagan)
$1.1B - Series D - Oct 2021
Friday Health Plans (2015, Alamosa)
$100M - Series C - Apr 2021
Beam Dental (2012, Columbus)
$80.0M - Series E - Mar 2021
Spot (2017, Austin)
$15.0M - Series A - Jul 2021
Bento (2017, Boston)
$2.1M - Seed - Jun 2021
DentalHQ (2017, Raleigh)
$835K - Seed - Nov 2021
Indipop (2019, Phoenix)
$10.0K - Seed - Feb 2021
Internet First Health Insurers - United
States
23
31
Back to index
Internet First Insurance Platforms (NerdWallet)
(# Cos: 1039 | $17.2B)
Internet First Insurers (Lemonade)
(# Cos: 322 | $14.3B)
Health (Oscar)
(# Cos: 45 | $6.7B)
Taxonomy
$ Invested in last 1 year in United
States Tech
Key Stats
# Funding Rounds in last 1 year in
United States Tech
$1.3B (▼19.4%)
7(▼12.5%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
5
$6.7B
17
1
45
11
Oscar
(2012, New York City, $1.6B)
Friday Health Plans
(2015, Alamosa, $180M)
Clover Health
(2014, San Francisco, $838M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

32. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
United States Tech - Top Business Models Report
Recent Funding Rounds
Gene Therapy Drugs - United States
24
32
Back to index
Taxonomy
$ Invested in last 1 year in United
States Tech
Key Stats
# Funding Rounds in last 1 year in
United States Tech
$1.2B (▼49.8%)
29(▼31%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
38
$10.2B
210
56
298
45
Genomics (23andMe)
(# Cos: 3492 | $61.6B)
Applied Genomics (Ginkgo Bioworks)
(# Cos: 2024 | $42.7B)
Clinical Genomics (Guardant Health)
(# Cos: 1100 | $30.7B)
Therapeutics (Alnylam)
(# Cos: 298 | $10.2B)
Alnylam
(2002, Cambridge, $17.0M)
BridgeBio
(2015, Palo Alto, $434M)
Spark Therapeutics
(2013, Philadelphia, $82.8M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Wugen (2018, St. Louis)
$172M - Series B - Jul 2021
Forge Biologics (2020, Columbus)
$120M - Series B - Apr 2021
Ring Therapeutics (2018, Cambridge)
$117M - Series B - Jul 2021
Sirnaomics (2007, Gaithersburg)
$105M - Series E - Jul 2021
Dyno Therapeutics (2018, Cambridge)
$100M - Series A - May 2021
Frontier Medi.. (2018, San Francisco)
$88.5M - Series B - Jul 2021
Aura Biosciences (2007, Cambridge)
$80.5M - Series D - Mar 2021
View all 29 Funding Rounds on Tracxn Platform

33. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
United States Tech - Top Business Models Report
Recent Funding Rounds
Noom (2008, New York City)
$540M - Series F - May 2021
Workrise (2015, San Francisco)
$300M - Series E - May 2021
Ginger (2011, San Francisco)
$100M - Series E - Mar 2021
Lark Technolo.. (2011, Mountain View)
$100M - Series D - Sep 2021
Thrive Global (2016, New York City)
$80.0M - Series C - Jul 2021
Happify (2011, New York City)
$73.0M - Series D - Mar 2021
Welltok (2009, Denver)
$17.4M - Series E - Apr 2021
View all 13 Funding Rounds on Tracxn Platform
Employee Behavioural Health Management
Solutions - United States
25
33
Back to index
Employee Health IT (Accolade)
(# Cos: 1452 | $15.8B)
Tech Enabled Services (Gympass)
(# Cos: 863 | $10.2B)
Behavioral Health (Noom)
(# Cos: 174 | $3.0B)
Taxonomy
$ Invested in last 1 year in United
States Tech
Key Stats
# Funding Rounds in last 1 year in
United States Tech
$1.2B (▲763%)
13(▼13.3%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
21
$3.0B
76
2
174
17
Noom
(2008, New York City, $624M)
Magellan Health
(1969, Scottsdale, $101M)
Thrive Global
(2016, New York City, $130M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

34. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
United States Tech - Top Business Models Report
Recent Funding Rounds
Dapp Development Platforms - United
States
26
34
Back to index
Blockchain Infrastructure (R3)
(# Cos: 632 | $8.8B)
Application Development Platforms
(ConsenSys)
(# Cos: 147 | $2.9B)
Taxonomy
$ Invested in last 1 year in United
States Tech
Key Stats
# Funding Rounds in last 1 year in
United States Tech
$1.2B (▲1288%)
22(▲340%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
7
$2.9B
72
1
147
20
ConsenSys
(2014, Brooklyn, $275M)
R3
(2013, New York City, $112M)
Digital Asset
(2014, New York City, $317M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Forte (2016, San Francisco)
$725M - Series B - Nov 2021
Alchemy (1993, San Francisco)
$250M - Series C - Oct 2021
Alchemy (1993, San Francisco)
$200M - Series C - Feb 2022
ConsenSys (2014, Brooklyn)
$200M - Series D - Nov 2021
Aleo (2019, San Francisco)
$200M - Series B - Feb 2022
Forte (2016, San Francisco)
$185M - Series A - May 2021
Digital Asset (2014, New York City)
$120M - Series D - Apr 2021
View all 22 Funding Rounds on Tracxn Platform

35. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
United States Tech - Top Business Models Report
Recent Funding Rounds
Internet First Banks for Businesses with Partner
Bank's License - United States
27
35
Back to index
Taxonomy
$ Invested in last 1 year in United
States Tech
Key Stats
# Funding Rounds in last 1 year in
United States Tech
$1.2B (▲425%)
15(▲25%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
1
$2.2B
30
-
52
13
Banking Tech (Fiserv)
(# Cos: 1963 | $24.9B)
Internet First Banks (Aspiration)
(# Cos: 281 | $9.2B)
Through Bank Partnerships (Stash)
(# Cos: 222 | $6.6B)
Business Banking (Brex)
(# Cos: 52 | $2.2B)
Brex
(2017, Draper, $1.2B)
Mercury
(2017, San Francisco, $146M)
Lili
(2018, New York City, $80.0M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Brex (2017, Draper)
$425M - Series D - Apr 2021
Brex (2017, Draper)
$300M - Series D - Oct 2021
Rho Business .. (2010, New York City)
$130M - Series B - Sep 2021
Mercury (2017, San Francisco)
$120M - Series B - Jul 2021
Novo (2016, New York City)
$90.0M - Series B - Jan 2022
Rho Business .. (2010, New York City)
$75.0M - Series B - Dec 2021
Lili (2018, New York City)
$55.0M - Series B - May 2021
View all 15 Funding Rounds on Tracxn Platform

36. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
United States Tech - Top Business Models Report
Recent Funding Rounds
Corporate Travel & Expense Cards -
United States
28
36
Back to index
Taxonomy
$ Invested in last 1 year in United
States Tech
Key Stats
# Funding Rounds in last 1 year in
United States Tech
$1.2B (▲533%)
8(▲167%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
5
$1.8B
15
1
28
5
Finance & Accounting Tech (Intuit)
(# Cos: 3199 | $24.4B)
Accounting Solutions (Fiserv)
(# Cos: 1926 | $15.9B)
Procure to Pay (Coupa)
(# Cos: 349 | $6.7B)
Travel & Expense (Ramp)
(# Cos: 147 | $2.4B)
Card Solutions (Brex)
(# Cos: 28 | $1.8B)
Brex
(2017, Draper, $1.2B)
Ramp
(2006, Boston, $470M)
Wright Express
(1983, South Portland)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Brex (2017, Draper)
$425M - Series D - Apr 2021
Ramp (2006, Boston)
$300M - Series C - Aug 2021
Brex (2017, Draper)
$300M - Series D - Oct 2021
Ramp (2006, Boston)
$115M - Series B - Apr 2021
Extend (2017, New York City)
$40.0M - Series B - Oct 2021
PayEm (2018, San Francisco)
$20.0M - Series A - Sep 2021
Qashio (2021, Boston)
$2.5M - Seed - Feb 2022
View all 8 Funding Rounds on Tracxn Platform

37. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
United States Tech - Top Business Models Report
Recent Funding Rounds
Internet First Corporate Credit Card
Issuers - United States
29
37
Back to index
Taxonomy
$ Invested in last 1 year in United
States Tech
Key Stats
# Funding Rounds in last 1 year in
United States Tech
$1.1B (▲527%)
9(▲125%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$1.9B
8
-
15
6
Payments (Square)
(# Cos: 3272 | $26.8B)
Consumer Payments (Papaya Payments)
(# Cos: 833 | $6.5B)
Payment Cards (Ramp)
(# Cos: 334 | $5.1B)
Credit Cards (Upgrade)
(# Cos: 62 | $3.8B)
Corporate Cards (Brex)
(# Cos: 15 | $1.9B)
Brex
(2017, Draper, $1.2B)
Ramp
(2006, Boston, $470M)
Extend
(2017, New York City, $55.0M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Brex (2017, Draper)
$425M - Series D - Apr 2021
Ramp (2006, Boston)
$300M - Series C - Aug 2021
Brex (2017, Draper)
$300M - Series D - Oct 2021
Ramp (2006, Boston)
$115M - Series B - Apr 2021
Tribal Credit (2019, San Jose)
$60.0M - Series B - Feb 2022
Mesh Payments (2012, New York City)
$50.0M - Series B - Dec 2021
Extend (2017, New York City)
$40.0M - Series B - Oct 2021
View all 9 Funding Rounds on Tracxn Platform

38. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
United States Tech - Top Business Models Report
Recent Funding Rounds
Internet First Retail Banks with Partner Bank's
License - United States
30
38
Back to index
Taxonomy
$ Invested in last 1 year in United
States Tech
Key Stats
# Funding Rounds in last 1 year in
United States Tech
$1.1B (▼5.1%)
20(▼9.1%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
10
$4.3B
58
-
132
24
Banking Tech (Fiserv)
(# Cos: 1963 | $24.9B)
Internet First Banks (Chime)
(# Cos: 281 | $9.2B)
Through Bank Partnerships (Aspiration)
(# Cos: 222 | $6.6B)
Retail Banking (Stash)
(# Cos: 132 | $4.3B)
Stash
(2015, New York City, $448M)
Aspiration
(2013, Marina Del Rey, $555M)
Chime
(2013, San Francisco, $2.1B)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Chime (2013, San Francisco)
$750M - Series G - Aug 2021
Current (2015, New York City)
$220M - Series D - Apr 2021
Step (2014, New York City)
$100M - Series C - Apr 2021
Point (2018, San Francisco)
$46.5M - Series B - Sep 2021
One Finance (2019, Sacramento)
$40.0M - Series B - Aug 2021
Greenwood (2020, Atlanta)
$40.0M - Series A - Mar 2021
Nomad (2019, Menlo Park)
$20.0M - Series A - Jul 2021
View all 20 Funding Rounds on Tracxn Platform

39. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
United States Tech - Top Business Models Report
Recent Funding Rounds
Stripe (2010, San Francisco)
$600M - Series H - Mar 2021
Flutterwave (2016, San Francisco)
$250M - Series D - Feb 2022
Flutterwave (2016, San Francisco)
$170M - Series C - Mar 2021
Bold.co (2016, Brooklyn)
$55.0M - Series B - Feb 2022
Boost Payment.. (2009, New York City)
$22.0M - Series C - May 2021
Qolo (2018, Fort Lauderdale)
$15.0M - Series A - Aug 2021
Allied Payment (2010, Fort Wayne)
$2.5M - Series B - Feb 2021
View all 11 Funding Rounds on Tracxn Platform
Business Payments Solutions - United
States
31
39
Back to index
Payments (Fiserv)
(# Cos: 3272 | $26.8B)
Business Payments (PayPal)
(# Cos: 1909 | $14.7B)
Diversified (Square)
(# Cos: 252 | $4.0B)
Taxonomy
$ Invested in last 1 year in United
States Tech
Key Stats
# Funding Rounds in last 1 year in
United States Tech
$1.1B (▲75.3%)
11(▲175%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
38
$4.0B
55
8
252
5
Square
(2009, San Francisco, $520M)
Stripe
(2010, San Francisco, $2.3B)
Flutterwave
(2016, San Francisco, $489M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

40. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
United States Tech - Top Business Models Report
Recent Funding Rounds
Payroll Management Solutions - United
States
32
40
Back to index
Finance & Accounting Tech (Fiserv)
(# Cos: 3199 | $24.4B)
Payroll Management (Justworks)
(# Cos: 117 | $2.2B)
Taxonomy
$ Invested in last 1 year in United
States Tech
Key Stats
# Funding Rounds in last 1 year in
United States Tech
$1.1B (▲795%)
10(▲25%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
23
$2.2B
43
2
117
10
Justworks
(2012, New York City, $148M)
Paylocity
(1997, Arlington Heights, $37.3M)
Deel
(2018, San Francisco, $631M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Deel (2018, San Francisco)
$425M - Series D - Oct 2021
Papaya Global (2016, New York City)
$250M - Series D - Sep 2021
Deel (2018, San Francisco)
$156M - Series C - Apr 2021
Wrapbook (2011, New York City)
$100M - Series B - Nov 2021
Papaya Global (2016, New York City)
$100M - Series C - Mar 2021
Pave (2012, New York City)
$46.0M - Series B - Aug 2021
Wrapbook (2011, New York City)
$27.0M - Series A - Mar 2021
View all 10 Funding Rounds on Tracxn Platform

41. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
United States Tech - Top Business Models Report
Recent Funding Rounds
Sonoma Biothe.. (2012, San Francisco)
$265M - Series B - Aug 2021
Amylyx Pharmaceut.. (2013, Cambridge)
$135M - Series C - Jul 2021
Skyhawk Therapeutics (2017, Waltham)
$133M - Series B - Sep 2021
Shape Therapeutics (2018, Seattle)
$112M - Series B - Jul 2021
LEXEO Therape.. (2018, New York City)
$100M - Series B - Sep 2021
Verge Genomics (2015, San Francisco)
$98.0M - Series B - Dec 2021
Vanqua Bio (2019, Chicago)
$85.0M - Series B - Sep 2021
View all 25 Funding Rounds on Tracxn Platform
Neurodegenerative Disorders Drugs -
United States
33
41
Back to index
Neurology (Impel NeuroPharma)
(# Cos: 1418 | $23.3B)
Drugs (AskBio)
(# Cos: 829 | $18.5B)
Neurodegenerative (Biogen)
(# Cos: 293 | $6.6B)
Taxonomy
$ Invested in last 1 year in United
States Tech
Key Stats
# Funding Rounds in last 1 year in
United States Tech
$1.1B (▲108%)
25(▼7.4%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
20
$6.6B
206
33
293
32
Biogen
(1978, Cambridge, $80.0M)
AskBio
(2001, Research Triang.., $235M)
PTC Therapeutics
(1998, South Plainfield, $248M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

42. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
United States Tech - Top Business Models Report
Recent Funding Rounds
Epic Games (1991, Cary)
$1.0B - Series E - Apr 2021
Apogee (2020, Dallas)
$5.0M - Series A - Jan 2022
Rogue (2017, Los Angeles)
$2.5M - Series A - Mar 2021
PC and Console Game Publishers -
United States
34
42
Back to index
PC & Console Gaming (JAM CITY)
(# Cos: 1389 | $8.9B)
Game Publisher (Tiny Build Games)
(# Cos: 78 | $3.0B)
PC & console Games (Epic Games)
(# Cos: 62 | $3.0B)
Taxonomy
$ Invested in last 1 year in United
States Tech
Key Stats
# Funding Rounds in last 1 year in
United States Tech
$1.0B (▲293%)
3(▼40%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
9
$3.0B
23
4
62
1
Epic Games
(1991, Cary, $2.8B)
Tiny Build Games
(2011, Seattle, $18.8M)
Rogue
(2017, Los Angeles, $5.8M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

43. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
United States Tech - Top Business Models Report
Recent Funding Rounds
Spreadsheet Based App Development -
United States
35
43
Back to index
Taxonomy
$ Invested in last 1 year in United
States Tech
Key Stats
# Funding Rounds in last 1 year in
United States Tech
$1.0B (▲443%)
2(▲100%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$1.4B
1
-
5
1
Application Development Tools (Gitlab)
(# Cos: 1845 | $8.0B)
Code Development (Netlify)
(# Cos: 706 | $4.3B)
Low Code Development Platforms (Appian)
(# Cos: 432 | $3.2B)
Web App (Bubble)
(# Cos: 47 | $1.5B)
Spreadsheet based Apps (Airtable)
(# Cos: 5 | $1.4B)
Airtable
(2013, San Francisco, $1.4B)
SheetUI
(2020, San Francisco)
Trunao
(2017, Fremont)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Airtable (2013, San Francisco)
$735M - Series F - Dec 2021
Airtable (2013, San Francisco)
$270M - Series E - Mar 2021

44. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
United States Tech - Top Business Models Report
Recent Funding Rounds
Truth Social (2021, Palm Beach)
$1.0B - Series D - Dec 2021
myBalbo (2020, Norfolk)
$401K - Seed - Jan 2022
Politics Focused Social Networks -
United States
36
44
Back to index
Social Platforms (Facebook)
(# Cos: 3991 | $14.9B)
Interest Based (Pinterest)
(# Cos: 1379 | $4.8B)
Politics (Brigade)
(# Cos: 18 | $1.0B)
Taxonomy
$ Invested in last 1 year in United
States Tech
Key Stats
# Funding Rounds in last 1 year in
United States Tech
$1.0B ( -- )
2( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
1
$1.0B
5
-
18
1
Brigade
(2014, San Francisco, $9.3M)
Truth Social
(2021, Palm Beach, $1.0B)
myBalbo
(2020, Norfolk, $401K)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

45. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
United States Tech - Top Business Models Report
Recent Funding Rounds
Process Mining - United States
37
45
Back to index
Business Process Management Software (Airtable)
(# Cos: 579 | $4.7B)
Process Mining (Celonis)
(# Cos: 4 | $1.4B)
Taxonomy
$ Invested in last 1 year in United
States Tech
Key Stats
# Funding Rounds in last 1 year in
United States Tech
$1.0B (▲7043%)
1( <> 0% )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
1
$1.4B
3
-
4
2
Celonis
(2011, New York City, $1.4B)
Skan
(2018, San Jose, $14.0M)
TimelinePI
(2016, Philadelphia)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Celonis (2011, New York City)
$1.0B - Series D - Jun 2021

46. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
United States Tech - Top Business Models Report
Recent Funding Rounds
ElevateBio (2018, Cambridge)
$525M - Series C - Mar 2021
Wugen (2018, St. Louis)
$172M - Series B - Jul 2021
Monte Rosa Therap.. (2020, Cambridge)
$95.0M - Series C - Mar 2021
Allterum (2018, Houston)
$64.0M - Series A - Jan 2022
Ossium Health (2016, San Francisco)
$63.0M - Series B - Mar 2021
Ajax (2019, Cambridge)
$40.0M - Series C - Jun 2021
MingSight (2009, San Diego)
$20.0M - Series A - Nov 2021
View all 8 Funding Rounds on Tracxn Platform
Hematologic Cancer Drugs - United
States
38
46
Back to index
Oncology (Guardant Health)
(# Cos: 2366 | $69.1B)
Drugs (Moderna)
(# Cos: 1587 | $51.5B)
Blood Cancer (ElevateBio)
(# Cos: 44 | $3.3B)
Taxonomy
$ Invested in last 1 year in United
States Tech
Key Stats
# Funding Rounds in last 1 year in
United States Tech
$994M (▲82.8%)
8(▲14.3%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
3
$3.3B
34
12
44
7
ElevateBio
(2018, Cambridge, $845M)
Syros Pharmaceuticals
(2012, Watertown, $124M)
CTI BioPharma
(1991, Seattle)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

47. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
United States Tech - Top Business Models Report
Recent Funding Rounds
Freenome (2014, San Francisco)
$300M - Series D - Dec 2021
Freenome (2014, San Francisco)
$290M - Series D - Jan 2022
PathAI (2016, Boston)
$165M - Series C - May 2021
Color (2013, Burlingame)
$100M - Series E - Nov 2021
Travera (2017, Cambridge)
$8.4M - Series A - Apr 2021
Qantgene (2015, Berkeley)
$6.0M - Series B - Feb 2021
Travera (2017, Cambridge)
$4.0M - Series A - Jul 2021
Cancer Diagnostic Tests - United States
39
47
Back to index
Oncology (Moderna)
(# Cos: 2366 | $69.1B)
In-Vitro Diagnostic Tests (Guardant Health)
(# Cos: 567 | $14.1B)
Pan Cancer (GRAIL)
(# Cos: 90 | $5.2B)
Taxonomy
$ Invested in last 1 year in United
States Tech
Key Stats
# Funding Rounds in last 1 year in
United States Tech
$873M (▼14.3%)
7(▼30%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
19
$5.2B
63
2
90
11
GRAIL
(2016, Menlo Park, $2.0B)
PathAI
(2016, Boston, $255M)
Color
(2013, Burlingame, $491M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

48. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
United States Tech - Top Business Models Report
Recent Funding Rounds
Gene Editing Platforms - United States
40
48
Back to index
Taxonomy
$ Invested in last 1 year in United
States Tech
Key Stats
# Funding Rounds in last 1 year in
United States Tech
$857M (▲47.8%)
10( <> 0% )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
2
$2.0B
30
1
46
11
Genomics (Ginkgo Bioworks)
(# Cos: 3492 | $61.6B)
Enabling Technologies (Illumina)
(# Cos: 766 | $10.1B)
Technology Platforms (Twist Bioscience)
(# Cos: 190 | $5.3B)
Gene Editing (eGenesis)
(# Cos: 46 | $2.0B)
eGenesis
(2015, Cambridge, $265M)
Locus Biosciences
(2015, Raleigh, $32.3M)
KSQ
(2015, Cambridge, $157M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Prime Medicine (2019, Cambridge)
$200M - Series B - Jul 2021
Graphite Bio (2020, San Francisco)
$151M - Series B - Mar 2021
eGenesis (2015, Cambridge)
$125M - Series C - Mar 2021
Korro Bio (2018, Cambridge)
$116M - Series B - Jan 2022
SalioGen Therapeutics (2019)
$115M - Series B - Dec 2021
Scribe Therapeutics (2018, Alameda)
$100M - Series B - Mar 2021
Kytopen (2017, Cambridge)
$30.0M - Series A - Sep 2021
View all 10 Funding Rounds on Tracxn Platform

49. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
United States Tech - Top Business Models Report
Recent Funding Rounds
Cityblock (2017, Brooklyn)
$400M - Series D - Sep 2021
Carbon Health (2015, Seattle)
$350M - Series D - Jul 2021
Forward (2016, San Francisco)
$225M - Series D - Mar 2021
Cityblock (2017, Brooklyn)
$192M - Series C - Mar 2021
AskTia (2014, San Francisco)
$100M - Series B - Sep 2021
Sprinter Health (2021, San Francisco)
$33.0M - Series A - Oct 2021
Sprinter Health (2021, San Francisco)
$4.6M - Seed - Mar 2021
View all 8 Funding Rounds on Tracxn Platform
Tech First Medical Clinics - United States
41
49
Back to index
Healthcare Booking Platforms (GoodRx)
(# Cos: 5279 | $19.0B)
Healthcare Facilities (Carbon Health)
(# Cos: 128 | $2.6B)
Tech Heavy Clinics (Forward)
(# Cos: 22 | $2.3B)
Taxonomy
$ Invested in last 1 year in United
States Tech
Key Stats
# Funding Rounds in last 1 year in
United States Tech
$857M (▲301%)
8(▲60%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
1
$2.3B
13
1
22
7
Forward
(2016, San Francisco, $255M)
Carbon Health
(2015, Seattle, $515M)
One Medical
(2007, New York City, $403M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

50. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
United States Tech - Top Business Models Report
Recent Funding Rounds
Truck Booking Marketplaces - United
States
42
50
Back to index
Taxonomy
$ Invested in last 1 year in United
States Tech
Key Stats
# Funding Rounds in last 1 year in
United States Tech
$850M (▲14.3%)
18(▼18.2%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
11
$3.4B
83
1
257
21
Logistics Tech (Gopuff)
(# Cos: 4516 | $28.8B)
Freight (FourKites)
(# Cos: 2404 | $13.1B)
Trucking (KeepTruckin)
(# Cos: 1597 | $7.7B)
Heavy Cargo (uShip)
(# Cos: 328 | $3.4B)
Marketplace (Convoy)
(# Cos: 257 | $3.4B)
Convoy
(2015, Seattle, $668M)
uShip
(2004, Austin, $54.4M)
Next Trucking
(2015, Los Angeles, $118M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Arrive Logistics (2014, Austin)
$300M - Series C - Apr 2021
Flock Freight (2015, Solana Beach)
$215M - Series D - Oct 2021
Loadsmart (2014, New York City)
$200M - Series D - Feb 2022
Emerge (2014, Scottsdale)
$130M - Series B - Sep 2021
CloudTrucks (2019, San Francisco)
$115M - Series B - Nov 2021
Dray Alliance (2016, Lakewood)
$40.0M - Series B - Dec 2021
Leaf Logistics (2012, Redondo Beach)
$37.0M - Series B - Feb 2022
View all 18 Funding Rounds on Tracxn Platform

51. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
United States Tech - Top Business Models Report
Recent Funding Rounds
Lithium Battery Recyclers - United States
43
51
Back to index
Taxonomy
$ Invested in last 1 year in United
States Tech
Key Stats
# Funding Rounds in last 1 year in
United States Tech
$841M (▲1903%)
4( <> 0% )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
1
$885M
5
1
6
2
Solid Waste Management Tech (LanzaTech)
(# Cos: 299 | $4.2B)
Recycling (Solugen)
(# Cos: 103 | $1.6B)
Tech Enabled Recyclers (Battery
Resourcers)
(# Cos: 26 | $911M)
Lithium (Redwood Materials)
(# Cos: 6 | $885M)
Redwood Materials
(2017, Carson City, $792M)
Battery Resourcers
(2016, North Grafton, $91.4M)
ABTC
(2011, Incline Village)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Redwood Materials (2017, Carson City)
$700M - Series C - Jul 2021
Battery Resou.. (2016, North Grafton)
$70.0M - Series B - Oct 2021
Redwood Materials (2017, Carson City)
$50.0M - Series C - Sep 2021
Battery Resou.. (2016, North Grafton)
$21.4M - Series B - Apr 2021

52. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
United States Tech - Top Business Models Report
Recent Funding Rounds
Blockchain Networks - United States
44
52
Back to index
Blockchain Infrastructure (ConsenSys)
(# Cos: 632 | $8.8B)
Blockchain Network (Ripple)
(# Cos: 165 | $1.9B)
Taxonomy
$ Invested in last 1 year in United
States Tech
Key Stats
# Funding Rounds in last 1 year in
United States Tech
$840M (▲5022%)
28(▲155%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
5
$1.9B
94
1
165
18
Ripple
(2012, San Francisco, $295M)
Celo
(2011, San Francisco, $65.0M)
Algorand
(2017, Boston, $66.0M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
SCRT Labs (2021)
$400M - Series D - Jan 2022
Solana (2017, San Francisco)
$314M - Series C - Jun 2021
Chia Network (2017, San Francisco)
$61.0M - Series D - May 2021
The Graph (2004, San Francisco)
$50.0M - Series B - Jan 2022
Solana (2017, San Francisco)
$40.0M - Series B - Mar 2021
XMTP (2003)
$25.5M - Series B - Aug 2021
TBCASoft (2016, Sunnyvale)
$25.0M - Series B - Aug 2021
View all 28 Funding Rounds on Tracxn Platform

53. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
United States Tech - Top Business Models Report
Recent Funding Rounds
Business Management Software - United
States
45
53
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SME Business Management Software (Mindbody)
(# Cos: 880 | $5.3B)
Business Management Suite (Infor)
(# Cos: 89 | $2.6B)
Taxonomy
$ Invested in last 1 year in United
States Tech
Key Stats
# Funding Rounds in last 1 year in
United States Tech
$830M (▲653%)
6(▲20%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
3
$2.6B
7
-
89
2
Infor
(2002, New York City, $1.5B)
SpotOn
(2011, San Francisco, $628M)
HoneyBook
(2013, San Francisco, $479M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
SpotOn (2011, San Francisco)
$300M - Series E - Sep 2021
HoneyBook (2013, San Francisco)
$250M - Series E - Nov 2021
HoneyBook (2013, San Francisco)
$155M - Series D - May 2021
SpotOn (2011, San Francisco)
$125M - Series D - May 2021
Navusoft (2014, Houston)
Undisclosed - Seed - Nov 2021
Infor (2002, New York City)
Undisclosed - Series B - Apr 2021

54. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
United States Tech - Top Business Models Report
Recent Funding Rounds
KYC for Financial Institutions - United
States
46
54
Back to index
RegTech (ComplyAdvantage)
(# Cos: 832 | $8.4B)
KYC (Jumio)
(# Cos: 134 | $1.5B)
Taxonomy
$ Invested in last 1 year in United
States Tech
Key Stats
# Funding Rounds in last 1 year in
United States Tech
$826M (▲1000%)
12( <> 0% )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
27
$1.5B
62
3
134
14
Jumio
(2010, Palo Alto, $196M)
Socure
(2012, New York City, $650M)
Mati
(2016, San Francisco, $18.5M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Socure (2012, New York City)
$450M - Series E - Nov 2021
Jumio (2010, Palo Alto)
$150M - Series D - Mar 2021
Socure (2012, New York City)
$100M - Series D - Mar 2021
Prime Trust (2004, Las Vegas)
$64.0M - Series A - Jul 2021
Hummingbird (2016, Boston)
$30.0M - Series B - Nov 2021
Spring Labs (2017, Marina Del Rey)
$15.0M - Series B - May 2021
Smile Identity (2017, San Francisco)
$7.0M - Series A - Jul 2021
View all 12 Funding Rounds on Tracxn Platform

55. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
United States Tech - Top Business Models Report
Recent Funding Rounds
Proteomics Drug Discovery Software -
United States
47
55
Back to index
Taxonomy
$ Invested in last 1 year in United
States Tech
Key Stats
# Funding Rounds in last 1 year in
United States Tech
$819M (▲1390%)
11(▲450%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
7
$1.7B
29
1
54
7
Life Sciences Tech (Illumina)
(# Cos: 2131 | $19.9B)
Research & Development (Medidata)
(# Cos: 1698 | $16.4B)
Drug Discovery (Human Longevity)
(# Cos: 499 | $8.7B)
Proteomics (Cyrus Biotechnology)
(# Cos: 54 | $1.7B)
Cyrus Biotechnology
(2014, Seattle, $29.3M)
Seer
(2017, San Francisco, $128M)
Vividion Therapeutics
(2016, Oceanside, $271M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Eikon (2019, Hayward)
$518M - Series B - Jan 2022
Eikon (2019, Hayward)
$148M - Series A - May 2021
Vividion Therapeu.. (2016, Oceanside)
$135M - Series C - Feb 2021
Seismic (2019, Watertown)
$101M - Series A - Feb 2022
Interline The.. (2020, San Francisco)
$92.0M - Series C - May 2021
Frontier Medi.. (2018, San Francisco)
$88.5M - Series B - Jul 2021
Avilar (2020, Waltham)
$60.0M - Seed - Nov 2021
View all 11 Funding Rounds on Tracxn Platform

56. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
United States Tech - Top Business Models Report
Recent Funding Rounds
Brex (2017, Draper)
$425M - Series D - Apr 2021
Brex (2017, Draper)
$300M - Series D - Oct 2021
Extend (2017, New York City)
$40.0M - Series B - Oct 2021
PayEm (2018, San Francisco)
$20.0M - Series A - Sep 2021
IQBoxy (2013, San Mateo)
$18.8M - Series A - Apr 2021
Corporate Travel Expense Management
- United States
48
56
Back to index
Online Travel (Priceline)
(# Cos: 3447 | $19.5B)
Corporate Travel (TripActions)
(# Cos: 208 | $4.5B)
Expense Management (Brex)
(# Cos: 117 | $1.9B)
Taxonomy
$ Invested in last 1 year in United
States Tech
Key Stats
# Funding Rounds in last 1 year in
United States Tech
$804M (▲145%)
5( <> 0% )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
25
$1.9B
44
4
117
7
Brex
(2017, Draper, $1.2B)
Expensify
(2008, San Francisco, $27.8M)
Divvy
(2016, Lehi, $448M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

57. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
United States Tech - Top Business Models Report
Recent Funding Rounds
Cybereason (2012, Boston)
$275M - Series F - Jul 2021
Aura (2019, Burlington)
$200M - Series F - Oct 2021
Aura (2019, Burlington)
$150M - Series E - Jun 2021
OPSWAT (2002, Tampa)
$125M - Series D - Mar 2021
Cybereason (2012, Boston)
$50.0M - Series F - Oct 2021
Endpoint Security - United States
49
57
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Cybersecurity (Okta)
(# Cos: 5687 | $68.1B)
Endpoint Security (McAfee)
(# Cos: 411 | $8.4B)
Endpoint UTM (CrowdStrike)
(# Cos: 42 | $3.0B)
Taxonomy
$ Invested in last 1 year in United
States Tech
Key Stats
# Funding Rounds in last 1 year in
United States Tech
$800M (▲71.3%)
5(▲150%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
8
$3.0B
15
3
42
6
CrowdStrike
(2011, Sunnyvale, $481M)
Aura
(2019, Burlington, $650M)
Webroot
(1997, Broomfield, $109M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

58. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
United States Tech - Top Business Models Report
Recent Funding Rounds
ServiceTitan (2008, Glendale)
$500M - Series F - Mar 2021
ServiceTitan (2008, Glendale)
$200M - Series G - Jun 2021
ServiceTrade (2012, Durham)
$85.0M - Series C - Dec 2021
RealWork Labs (2020, Austin)
$2.5M - Seed - Sep 2021
Field Complete (2008, Atlanta)
$779K - Seed - Jun 2021
Field force solutions for Home Service
Businesses - United States
50
58
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Field Force Automation (Crew)
(# Cos: 1562 | $5.7B)
Home Services (Corrigo)
(# Cos: 242 | $1.3B)
Suite (ServiceTitan)
(# Cos: 150 | $1.3B)
Taxonomy
$ Invested in last 1 year in United
States Tech
Key Stats
# Funding Rounds in last 1 year in
United States Tech
$788M (▲646%)
5(▲66.7%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
15
$1.3B
22
-
150
4
ServiceTitan
(2008, Glendale, $1.1B)
Corrigo
(1999, Allen, $44.2M)
ServiceTrade
(2012, Durham, $120M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

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United States Tech - Top Business Models Report
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