· investment-strategies · 1 min read
NYC Scale-Up Financing: Dataminr Secures $85M in Convertible Financing and Credit
New York-based Dataminr announced $85M in financing on March 19, 2025, with additional SPV-linked capital discussed in coverage.
Dataminr announced on March 19, 2025 that it secured $85 million in a combination of convertible financing and credit, per TechCrunch reporting. The New York-based company said the capital would support growth and international go-to-market expansion.
Key facts
- Company: Dataminr
- HQ context: New York-based
- Date announced: March 19, 2025
- Capital raised: $85 million (convertible financing + credit)
- Lead participants reported: NightDragon and HSBC
Why this matters
Not all important venture news is a classic priced equity round. This transaction shows how late-stage private companies in NYC are increasingly using structured and pre-IPO instruments to fund expansion while preserving strategic optionality.
Sources
- TechCrunch (Mar 19, 2025): https://techcrunch.com/2025/03/19/analytics-company-dataminr-secures-85m-to-fund-growth/