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U.S Startups Raise $30 Billion in The First Quarter of 2019.

With most well-heeled startups looking to stay private while they grow their businesses.

According to Crunchbase’s latest deal round-up, Startups in the United States managed to raise an eye-popping $30.8 billion in funding during the first quarter of 2019. Up 22% from the same period last year.

A closer analysis of the data shows a drop in the flow of cash from Angel investors and a slight drop in funds available for deals larger than $100 million. Despite the drop in the so-called " Megadeals", deals of significant sizes still accounted for about 30% of all deals.

With most well-heeled startups looking to stay private while they grow their businesses.

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Snapshot of latest deals

Zaver Raises over $1.2 million in seed round

Swedish fintech peer-to-peer trading platform Zaver announced it has raised over $1.2 million seed funding. The deal was backed by VC firms Inventure and Inbox Capital as well as other Angel investors. The firm plans to use the latest cash infusion to continue to build out its platform.

IOT Fitness Startup Tonal Raises $45M Series C

Ai all-in-one fitness equipment company Tonal raised $45 million in its latest series c funding round. The connected fitness outfit announced the deal led by L Catterton’s growth fund. Evolution Media/CAA, Shasta Ventures, Mayfield, Sapphire Ventures, professional tennis player Serena Williams’ Serena Ventures and other investors also participated in the financing.

Cashfree Raises $5.5 Million from A Consortium of Investors

Indian Fintech Platform Cashfree has raised $5.5 Million in million Series A round. The deal is led by Smilegate Investment and former UK Finance Minister George Osborne, and Vellayan Subbiah.

The company specializes in making corporate banking services more accessible and easier to use. Reeju Datta and Akash Sinha started Cashfree in 2015 as a pure-play payment gateway before moving into its current core mission of facilitating cross-border transactions.

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