New York City’s startup ecosystem saw $718.1M deployed across 50 deals in December 2024. This analysis examines venture funding across the NYC startup landscape, breaking down investments by stage – from Early-Stage (Pre-Seed and Seed) through Series A and B, to Late-Stage rounds (Series C and beyond).
Using CrunchBase data, we’ve analyzed key trends across funding stages, excluding biotech, real estate, lending platforms, and debt financing to maintain focus on tech-enabled startups. This month, the strong Series A activity was notable, with $230.3M invested across 19 deals.
In the broader context, NYC captured 4% of national startup funding in December (largely influenced by Databricks $10B funding), with particularly strong representation in early-stage deals, where the city secured 19.6% of national early-stage funding. However, the month showed some cooling with funding down 56% month-over-month.
Let’s dive into the detailed breakdown of funding activities across stages…
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The average Seed round in NYC for December was $5.5M Tweet This
The median Seed round in NYC for December was $3.0M Tweet This
$137.9M was invested across early stages rounds in NYC in December Tweet This
19.6% of early-stage funding nationally went to startups in NYC in December 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 strategic brand placement in front of, lead generation from, and developing thought leadership within our audience of key decision-makers in the New York business community and beyond. Find out more here.
The average Series A round in NYC for December was $12.1M Tweet This
The median Series A round in NYC for December was $10.0M Tweet This
$230.3M was invested across Series A rounds in NYC in December Tweet This
13.9% of Series A funding nationally went to startups in NYC in December 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 strategic brand placement in front of, lead generation from, and developing thought leadership within our audience of key decision-makers in the New York business community and beyond. Find out more here.
The average Series B round in NYC for December was $35.8M Tweet This
The median Series B round in NYC for December was $34.0M Tweet This
$143.0M was invested across Series B rounds in NYC in December Tweet This
11.1% of Series B funding nationally went to startups in NYC in December 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 strategic brand placement in front of, lead generation from, and developing thought leadership within our audience of key decision-makers in the New York business community and beyond. Find out more here.
The average late-stage round in NYC for December was $103.5M Tweet This
The median late-stage round in NYC for December was $103.5M Tweet This
$207.0M was invested across late-stage rounds in NYC in December Tweet This
1.4% of late-stage funding nationally went to startups in NYC in December 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 strategic brand placement in front of, lead generation from, and developing thought leadership within our audience of key decision-makers in the New York business community and beyond. Find out more here.
$718.1M was invested in NYC #startups in December in NYC across 50 deals Tweet This
4.0% of startup funding nationally went to startups in NYC in December Tweet This
NYC VC funding in December was -56.0% from last month and -11.3% from the same period last year Tweet This
