The 11 Largest NYC Tech Startup Funding Rounds of May 2026
Summary
This article ranks the largest NYC tech startup funding rounds from May 2026. The list is led by Modal Labs’ $355 million Series C, followed by RADAR, Reserv, OpenRouter, and other venture-backed companies. Most of the companies build software for AI infrastructure, fintech, healthtech, insurance, retail operations, or developer workflows. The article provides round sizes, investors, industries, and company descriptions to show where capital concentrated during the month.
Funding
Amount
$40.0M
Total raised
Date
May 1, 2026
Announcement date
Investors
Align Ventures, Kohlberg Kravis Roberts & Co. LP, Menlo Ventures, Colle Capital Partners, Redpoint Ventures, J2 Ventures, Tesonet, Sequoia Capital, Founders Fund, Index Ventures, BoxGroup, Technology Crossover Ventures, Team8, Morgan Stanley Principal Investments, Anthemis Group, Lightspeed Venture Partners, Kaiser Permanente Ventures, Venrock, Atomico, 8VC, Moment, CapitalG, Andreessen Horowitz, Maverick Ventures, Pioneer Fund, NEO, Thrive Capital, PSP Growth, Accel, Bain Capital Ventures, General Catalyst, M12, PruVen Capital, NTT DOCOMO Ventures, Radical Ventures, Emergence, Y Combinator, Abstract
Lead investors
Company
h1.co
Funded company
Classifications
industries
Fintech & Banking
applications
Accounting and Taxes
AskAI Classifications
Labels
Healthcare software
SaaS
Data analytics
Linked Companies
H1
$50M to $100M
OpenRouter
up to $1M
Modal
$1M to $5M
Pace
$1M to $5M
Reserv
$1M to $5M
Daloopa
$10M to $25M
Pavior
up to $1M
Frame Security
n/a
Cinder
$10M to $25M
Garner Health
$25M to $50M