This week, we take a look at the state of venture capital and early stage funding in NYC and nationally over the last 17 quarters from the 2nd quarter of 2012 through the second quarter of 2016. Analyzing some publicly available data from our friends at CrunchBase, we break down national and NYC aggregate statistics for deals by stage of funding (Angel/Seed, Series A, Series B, and Series C+). To further the analysis, we have included some data that demonstrates historical trends in terms of average round sizes as well as New York’s relative share of the total funding market over time.
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Quick Takeaways:
Seed and angel investment recovered after a rather slow few quarters with the largest quarterly amount for seed in the last 17 quarters, exceeding the previous high in Q2 of 2015.
Tweetables:
$131M was invested in seed/angel rounds in Q2 of 2016 in NYC in 59 deals Tweet this
$1.33B has been invested in 1192 seed/angel rounds in NYC over the last 17 quarters Tweet this
Quick Takeaways:
The national market for seed financing did not share in the same success of NYC, with funding for the quarter down nearly 15% from 2015 levels but the quarter did mark a 25% increase from Q1 of this year.
Tweetables:
$623M was invested in 350 seed/angel rounds in Q2 of 2016 in the US Tweet this
$8.8B was invested in 8534 seed/angel rounds in the US over the last 17 quarters Tweet this
Quick Takeaways:
New York’s share of total startup early stage financing has steadily increased in the percentage of deals but has remained relatively unpredictable in terms of dollar amounts with a few large financings here and there skewing some of the previous 17 quarters. However, New York’s share of the seed market in terms of dollar amount was near the highest it has been due to the decrease in national funding aggregate funding amounts and New York’s record seed fundings in terms of dollar amount in Q2.
Tweetables:
Q2 2016 NYC Seed rounds comprised 21% of total $ amount in the US with 17% of deals Tweet this
Quick Takeaways:
Series A funding in Q2 in NYC was rather lackluster with only 17 announced fundings.
Tweetables:
$143M was invested in 17 Series A rounds in Q2 of 2016 in NYC Tweet this
$2.8B was invested in 386 Series A rounds in NYC over the last 17 quarters Tweet this
Quick Takeaways:
National Series A funding in Q2 2016 wis the highest it has been in 4 quarters and it nearly matched Q2 levels in 2015.
Tweetables:
$1.92B was invested in 212 Series A rounds in Q2 of 2016 in the US Tweet this
$25.8B was invested in 3487 Series A rounds in the US over the last 17 quarters Tweet this
Quick Takeaways:
New York’s share of both the dollar and number of deals have been a bit erratic after setting all time highs in Q3 of 2015. The possibility of a Series A crunch may be looming.
Tweetables:
Q2 2016 NYC Series A rounds comprised 7% of total $ amount in the US with 8% of deals Tweet this
Quick Takeaways:
This is where NYC shined this quarter. Q2 2016 Series B funding nearly doubled from Q1, with a record number of deals. Over the last year nearly $1.5B has been invested into B rounds in NYC.
Tweetables:
$484M was invested in 27 Series B rounds in Q2 of 2016 in NYC Tweet this
$4B was invested in 244 Series B rounds in NYC over the last 17 quarters Tweet this
Quick Takeaways:
Series B fundings nationally recovered from Q1, which was the lowest it has been in 9 quarters.
Tweetables:
$2.3B was invested in 129 Series B rounds in Q2 of 2016 in the US Tweet this
$33.6B was invested in 2039 Series B rounds in the US over the last 17 quarters Tweet this
Quick Takeaways:
New York is undoubtedly gaining a bigger share of the Series B pie as New York’s claim on both the number of deals and dollar amounts have been steadily increasing over the last 17 quarters. The number of Series B financings in NYC last quarter represents another all time high, following the previous high set in Q1.
Tweetables:
Q2 NYC Series B rounds comprised 21% of total $ amount in the US with 21% of deals Tweet this
Quick Takeaways:
The number of later stage financings finally improved after two rather sluggish quarters in NYC. Dollar amount invested per deal contracted as well.
Tweetables:
$880M was invested in 17 Series C+ rounds in Q2 of 2016 in NYC Tweet this
$8.9B was invested in 243 Series C+ rounds in NYC over the last 17 quarters Tweet this
Quick Takeaways:
Nationally, the number of later stage financings was the highest it has ever been with 220 deals that were financed.
Tweetables:
$9.3B was invested in 220 Series C+ rounds in Q2 of 2016 in the US Tweet this
$85.1B was invested in 2411 Series C+ rounds in the US over the last 17 quarters Tweet this
Quick Takeaways:
New York’s share of later change financings hit the lowest amounts in terms of dollars and count in the last 5 quarters.
Tweetables:
Q2 NYC late stage funding rounds comprised 9.4% of total $ amount in the US with 7.7% of deals Tweet this
Quick Takeaways:
Thanks to the increase in seed and early stage rounds, NYC recorded it third highest quarterly total in history, raising over $1.76B. Over the last two years, on average ~$1.5B is being invested into startups in the city each quarter.
Tweetables:
$1.8B was invested in 155 startup rounds in Q2 of 2016 in NYC Tweet this
$18.7B was invested in 2482 startup rounds in NYC over the last 17 quarters Tweet this
Quick Takeaways:
The total amount raised nationally by startups has increased steadily over the last 3 years and has doubled in that same time frame on average. The number of deals have not increased at that same rate which will lead to higher deal sizes on average which will see in a minute.
Tweetables:
$15.28B was invested in Q2 of 2016 in the US in 1334 rounds Tweet this
$175B was invested in 22052 startup rounds in the US over the last 4.25 years Tweet this
Quick Takeaways:
New York’s share of the total market has increased at an impressive rate over the last 17 quarters in both metrics being tracked.
Tweetables:
Q2 NYC funding rounds comprised 11.5% of total $ amount in the US with 11.62% of deals Tweet this
Quick Takeaways:
Seed stage financing in NYC in Q2 was the highest amount that has been recorded with the average financing coming in at $2.2M. This is nearly double the historical average. Later stage financings in NYC reported a marked improvement over the last two quarters with the average late stage round being in excess of $50M in NYC in Q2.
Tweetables:
The average seed/angel round in NYC in Q2 was $2.2M Tweet this
The average Series A round in NYC in Q2 was $8.4M Tweet this
The average Series B round in NYC in Q2 was $18M Tweet this
The average Series C+ round in NYC in Q2 was $51.8M Tweet this
Quick Takeaways:
Average round sizes at the seed stage also increased nationally but not at the same rate of NYC in Q2. Late stage rounds also recovered nationally from the previous quarter and it may be an indication that we can expect an upward trend.
Tweetables:
The average seed/angel round in the US in Q2 was $1.8M Tweet this
The average Series A round in the US in Q2 was $9.1M Tweet this
The average Series B round in the US in Q2 was $17.6M Tweet this
The average Series C+ round in the US in Q2 was $51.8M Tweet this
