Nearly $1B injected into NYC startups in May despite the pandemic.
Today, I take a look at the state of venture capital and angel funding during the month of May in New York. Analyzing some publicly available data from our friends at CrunchBase, we break down the aggregate statistics for all funding deals by stage of funding (Early-stage [Pre-Seed, Seed], Series A, Series B, and Late Stage [Series C+]) including mention of notable rounds. In order to maintain a focus on tech-enabled startups, this analysis does not include rounds for biotech, real estate, lending startups as well as debt financings.
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The AlleyWatch audience is driving progress and innovation on a global scale. With its regional media properties, AlleyWatch serves as the highway for technology and entrepreneurship. There are a number of options to reach this audience of the world’s most innovative organizations and startups at scale including having prominent brand placement in a high-visibility piece like this, which will be read by the vast majority of key influencers in the New York business community and beyond. Find out more here.
The average Seed round in NYC for May was $4.5M Tweet This
The median Seed round in NYC for May was $3.0M Tweet This
$49.7M was invested across early stages rounds in NYC in May Tweet This
16.6% of early-stage funding nationally went to startups in NYC in May Tweet This
The AlleyWatch audience is driving progress and innovation on a global scale. With its regional media properties, AlleyWatch serves as the highway for technology and entrepreneurship. There are a number of options to reach this audience of the world’s most innovative organizations and startups at scale including having prominent brand placement in a high-visibility piece like this, which will be read by the vast majority of key influencers in the New York business community and beyond. Find out more here.
The average Series A round in NYC for May was $9.2M Tweet This
The median Series A round in NYC for May was $7.5M Tweet This
$157.1M was invested across Series A rounds in NYC in May Tweet This
18.9% of Series A funding nationally went to startups in NYC in May Tweet This
The AlleyWatch audience is driving progress and innovation on a global scale. With its regional media properties, AlleyWatch serves as the highway for technology and entrepreneurship. There are a number of options to reach this audience of the world’s most innovative organizations and startups at scale including having prominent brand placement in a high-visibility piece like this, which will be read by the vast majority of key influencers in the New York business community and beyond. Find out more here.
The average Series B round in NYC for May was $44.6M Tweet This
The median Series B round in NYC for May was $25M Tweet This
$312.5M was invested across Series B rounds in NYC in May Tweet This
30.1% of Series B funding nationally went to startups in NYC in May Tweet This
The AlleyWatch audience is driving progress and innovation on a global scale. With its regional media properties, AlleyWatch serves as the highway for technology and entrepreneurship. There are a number of options to reach this audience of the world’s most innovative organizations and startups at scale including having prominent brand placement in a high-visibility piece like this, which will be read by the vast majority of key influencers in the New York business community and beyond. Find out more here.
The average Series C+ round in NYC for May was $54.5M Tweet This
The median Series C+ round in NYC for May was $50.0M Tweet This
$435.6M was invested across Series C+ rounds in NYC in May Tweet This
9.1% of late-stage funding nationally went to startups in NYC in May Tweet This
The AlleyWatch audience is driving progress and innovation on a global scale. With its regional media properties, AlleyWatch serves as the highway for technology and entrepreneurship. There are a number of options to reach this audience of the world’s most innovative organizations and startups at scale including having prominent brand placement in a high-visibility piece like this, which will be read by the vast majority of key influencers in the New York business community and beyond. Find out more here.
$954.9M was invested in NYC #startups in May in NYC across 43 deals Tweet This
13.8% of startup funding nationally went to startups in NYC in May Tweet This
NYC VC funding in May was +55% from last month and -7.3% from the same period last year Tweet This
The AlleyWatch audience is driving progress and innovation on a global scale. With its regional media properties, AlleyWatch serves as the highway for technology and entrepreneurship. There are a number of options to reach this audience of the world’s most innovative organizations and startups at scale including having prominent brand placement in a high-visibility piece like this, which will be read by the vast majority of key influencers in the New York business community and beyond. Find out more here.