The AlleyWatch March 2025 New York Venture Capital Funding Report

NYC Startup Funding Overview – March 2025

NYC startup funding reached $1.0B across 59 deals in March 2025, showing a 14.3% increase from February but a significant 57.1% decline from March 2024. While early and Series A rounds demonstrated robust performance (capturing 17.8% and 19.0% of US funding respectively), NYC’s share of late-stage funding fell to just 0.8% nationally, largely attributed to Open AI’s massive $40B round. This report examines venture capital activity across all funding stages in New York’s tech ecosystem, highlighting key rounds and emerging trends while excluding biotech, real estate, lending startups, and debt financings.

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Early-Stage Metrics

Total Funding:
$183.8M

Number of Deals:
35

Average Round:
$5.3M

Median Round:
$5.0M

Share of US:
17.8%

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Series A Metrics

Total Funding:
$280.5M

Number of Deals:
15

Average Round:
$18.7M

Median Round:
$18.0M

Share of US:
19.0%

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Series B Metrics

Total Funding:
$146.0M

Number of Deals:
3

Average Round:
$48.7M

Median Round:
$48.0M

Share of US:
14.7%

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Late-Stage Metrics

Total Funding:
$420.0M

Number of Deals:
6

Average Round:
$70.0M

Median Round:
$76.5M

Share of US:
0.8%

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REACH NYC TECH LEADERS

AlleyWatch is NYC’s leading source of tech and startup news, reaching the city’s most active founders, investors, and tech leaders. Advertise Now →