Funded Startups in Troy
Disclosed deal sizes in Troy are concentrated around a single outlier: Algo’s $15M round (2020-02-18) is the largest disclosed amount, and it dwarfs the re…
Disclosed deal sizes in Troy are concentrated around a single outlier: Algo’s $15M round (2020-02-18) is the largest disclosed amount, and it dwarfs the rest of the disclosed figures that top out at $12M (Milestone Bank, 2026-06-03). Within the 12 most recent entries shown (2020-02-18 to 2026-07-15), the disclosed amounts span from $10K (4MJ Social, 2023-08-23) up to $15M, while 5 of 12 rows remain undisclosed.
The list also clusters strongly by geography and time: Troy appears in all 12 rows, with multiple Troy-based companies showing rounds across 2023–2026 and earlier activity in 2020 (Algo, Vara Safety). Sector coverage is mixed, but recurring themes stand out in “Information Technology” (Centroid Systems, Finys) and “Financial Services” (Milestone Bank, Billhighway), while stage labels are dominated by “Series Unknown” (8 of 12 rows; 5 of the disclosed rounds are also “Series Unknown”).
Most recent rounds
12 shownRelated listings
Frequently asked
What’s the largest disclosed round in Troy here, and how does it compare to the next-largest disclosed amount?
Algo’s $15M (2020-02-18) is the largest disclosed round, and it sits above the next-largest disclosed amount of $12M from Milestone Bank (2026-06-03). After those two, the next disclosed amounts step down to $7M (Metadome.ai, 2024-08-08) and then $2M entries (Automation Alley 2023-06-20; UCM Digital Health 2023-05-15; Vara Safety 2020-09-11).
Are any cities or sectors over-represented in this Troy-focused list?
City is fully concentrated: all 12 entries are labeled as Troy (some in Troy, Michigan; others in Troy, New York). Sector repetition shows up in “Information Technology” (Centroid Systems and Finys, both Troy, Michigan) and “Financial Services” (Milestone Bank and Billhighway, both Troy, Michigan).
Which entries closed in the most recent window (last ~90 days of the page’s data)?
Within roughly the latest 90 days relative to the most recent date shown (2026-07-15), the table includes Centroid Systems (undisclosed, 2026-07-15) and Milestone Bank ($12M, 2026-06-03), with Shankar Distillers (undisclosed, 2026-05-01) just outside that tight window but still in the same late-spring 2026 cluster.
What stage mix dominates these 12 entries, and how does that relate to disclosed amounts?
Stage labels are heavily concentrated in “Series Unknown” (8 of 12 rows). Even among disclosed amounts, “Series Unknown” appears repeatedly (e.g., Milestone Bank $12M on 2026-06-03; Metadome.ai is labeled Series A at $7M on 2024-08-08; Automation Alley is “Series Unknown” at $2M on 2023-06-20).
Are there outliers worth focusing on beyond the largest round?
Yes: the disclosed floor is comparatively small at $10K for 4MJ Social (2023-08-23), sitting far below the $2M cluster. Also, Centroid Systems (Information Technology) is a recent outlier on recency (2026-07-15) but is undisclosed, while the largest disclosed amount comes from 2020 (Algo $15M on 2020-02-18), creating a pronounced temporal outlier in disclosed size.
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