Today, I take a look at the state of venture capital and angel funding during the month of May, both in New York and nationally. Analyzing some publicly available data from our friends at CrunchBase, we break down the national aggregate statistics for all funding deals by stage of funding (Seed, Series A, Series B, and Series C+) including mention of notable rounds.
One Minute Takeaway:
May funding for NYC startups increased slightly from April levels with NYC startup funding nominal up 4.83%, down over 35% from Ma7 2017 levels. Similar to April, funding in NYC was particularly weak at the late stages with only one notable late-stage deal – Zola. Series A and Series B deals in NYC in May were quite strong compared to historical averages. Nationally, funding was up from over 23% from April levels as well as up nearly 11% from May 2017 levels. Late-stage funding was very strong nationally, fueled by the 15 Largest US Startup Funding Rounds of May 2018.
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The average Seed round in NYC for May was $2.4M Tweet This
The median Seed round in NYC for May was $2.4M Tweet This
$38.7M was invested across early stages rounds in NYC in May Tweet This
The average Seed round in the US for May was $2.3M Tweet This
The median Seed round in the US for May was $2M Tweet This
$265M was invested across early stages rounds in the US in May Tweet This
14.63% of early-stage funding nationally went to startups in NYC in May Tweet This
The average Series A round in NYC for May was $17M Tweet This
The median Series A round in NYC for May was $12M Tweet This
$222M was invested across Series A rounds in NYC in May Tweet This
The average Series A round in the US for May was $9.9M Tweet This
The median Series A round in the US for May was $6.9M Tweet This
$871M was invested across Series A rounds in the US in May Tweet This
25.74% of Series A funding nationally went to startups in NYC in May Tweet This
The average Series B round in NYC for May was $26.5M Tweet This
The median Series B round in NYC for May was $16M Tweet This
$292M was invested across Series B rounds in NYC in May Tweet This
The average Series B round in the US for May was $19M Tweet This
The median Series B round in the US for May was $15M Tweet This
$1.28B was invested across Series B rounds in the US in May Tweet This
22.83% of Series B funding nationally went to startups in NYC in May Tweet This
The average Series C+ round in NYC for May was $52.5M Tweet This
The median Series C+ round in NYC for May was $52.5M Tweet This
$105M was invested across Series C+ rounds in NYC in May Tweet This
The average Series C+ round in the US for May was $58.8M Tweet This
The median Series C+ round in the US for May was $40M Tweet This
$3.47B was invested across Series C+ rounds in the US in May Tweet This
11.81% of Series C+ funding nationally went to startups in NYC in May Tweet This
$592M was invested in #startups in May in NYC across 41 deals Tweet This
$5.9B was invested in #startups in May in the US across 327 deals Tweet This
10.06% of startup funding nationally went to startups in NYC in May Tweet This
NYC VC funding in May was up 4.83% from last month and down 35% from the same period last year Tweet This
US VC funding in May was up 24% from last month and up 11% from the same period last year Tweet This