February was the single best month in history for NYC startup funding with $2.4B+ raised by companies that call NYC home.
Funding up 100% from January and 439% YOY; growth largely driven by strong Series A and late-stage activity.
Today, I take a look at the state of venture capital and early-stage funding for February 2021 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 average Seed round in NYC for February was $2.5M Tweet This
The median Seed round in NYC for February was $3.0M Tweet This
$58.4M was invested across early stages rounds in NYC in February Tweet This
10.6% of early-stage funding nationally went to startups in NYC in February Tweet This
The average Series A round in NYC for February was $15.5M Tweet This
The median Series A round in NYC for February was $12.0M Tweet This
$356.2M was invested across Series A rounds in NYC in February Tweet This
20.8% of Series A funding nationally went to startups in NYC in February Tweet This
Make an impact on your bottom line and drive leads in 2021!
The AlleyWatch audience is driving progress and innovation on a global scale. There are a number of options to reach this audience of the world’s most innovative organizations and startups at scale including strategic brand placement, lead generation, and thought leadership in front of an audience that comprises the vast majority of key decision-makers in the NYC business community and beyond. Learn more about advertising to NYC Tech, at scale.
The average Series B round in NYC for February was $27.2M Tweet This
The median Series B round in NYC for February was $29.0M Tweet This
$272.3M was invested across Series B rounds in NYC in February Tweet This
12.6% of Series B funding nationally went to startups in NYC in February Tweet This
The average late-stage round in NYC for February was $123.2M Tweet This
The median late-stage round in NYC for February was $57.5M Tweet This
$1.7B was invested across late-stage rounds in NYC in February Tweet This
13.8% of late-stage funding nationally went to startups in NYC in February Tweet This
$2.4B was invested in NYC #startups in February in NYC across 70 deals Tweet This
14.2% of startup funding nationally went to startups in NYC in February Tweet This
NYC VC funding in February was +200% from last month and +539% from the same period last year Tweet This
