Today, I take a look at the state of venture capital and early-stage funding for May 2023 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+]). 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.
Attention seed-stage founders! 43North is on the hunt for its next cohort. Five companies will receive a $1M investment for 5% equity. The best part? The money is only the beginning. At 43North, you’ll gain access to funding, mentorship and connections designed to fuel your growth and propel your business forward. Learn more and apply at 43North.org.
The average Seed round in NYC for May was $4.0M Tweet This
The median Seed round in NYC for May was $3.0M Tweet This
$117.1M was invested across early stages rounds in NYC in May Tweet This
12.1% of early-stage funding nationally went to startups in NYC in May Tweet This
Attention seed-stage founders! 43North is on the hunt for its next cohort. Five companies will receive a $1M investment for 5% equity. The best part? The money is only the beginning. At 43North, you’ll gain access to funding, mentorship and connections designed to fuel your growth and propel your business forward. Learn more and apply at 43North.org.
The average Series A round in NYC for May was $13.3M Tweet This
The median Series A round in NYC for May was $10.1M Tweet This
$265.7M was invested across Series A rounds in NYC in May Tweet This
17.1% of Series A funding nationally went to startups in NYC in May Tweet This
Attention seed-stage founders! 43North is on the hunt for its next cohort. Five companies will receive a $1M investment for 5% equity. The best part? The money is only the beginning. At 43North, you’ll gain access to funding, mentorship and connections designed to fuel your growth and propel your business forward. Learn more and apply at 43North.org.
The average Series B round in NYC for May was $20.5M Tweet This
The median Series B round in NYC for May was $20.0M Tweet This
$184.5M was invested across Series B rounds in NYC in May Tweet This
15.1% of Series B funding nationally went to startups in NYC in May Tweet This
Attention seed-stage founders! 43North is on the hunt for its next cohort. Five companies will receive a $1M investment for 5% equity. The best part? The money is only the beginning. At 43North, you’ll gain access to funding, mentorship and connections designed to fuel your growth and propel your business forward. Learn more and apply at 43North.org.
The average late-stage round in NYC for May was $53.4M Tweet This
The median late-stage round in NYC for May was $35.0M Tweet This
$320.5M was invested across late-stage rounds in NYC in May Tweet This
8.2% of late-stage funding nationally went to startups in NYC in May Tweet This
Attention seed-stage founders! 43North is on the hunt for its next cohort. Five companies will receive a $1M investment for 5% equity. The best part? The money is only the beginning. At 43North, you’ll gain access to funding, mentorship and connections designed to fuel your growth and propel your business forward. Learn more and apply at 43North.org.
$887.8M was invested in NYC #startups in May in NYC across 64 deals Tweet This
11.6% of startup funding nationally went to startups in NYC in May Tweet This
NYC VC funding in May was -26.7% from last month and -44.2% from the same period last year Tweet This
Attention seed-stage founders! 43North is on the hunt for its next cohort. Five companies will receive a $1M investment for 5% equity. The best part? The money is only the beginning. At 43North, you’ll gain access to funding, mentorship and connections designed to fuel your growth and propel your business forward. Learn more and apply at 43North.org.
