Today we take a look at the state of venture capital and angel funding during the all of June, both in New York and nationally. Analyzing some publicly available data from our friends at CrunchBase, we break down the national aggregate statistics for all funding deals by stage of funding (Angel/Seed, Series A, Series B, and Series C+).
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Key Takeaways:
The number of deals nationally skyrocketed in June to 312 deals from May levels. New York remained relatively steady and did not participate in this upswing. As aggregate funding increased nationally, the average deal size did fall from May levels.
For your Tweeting Convenience:
Average Angel/Seed round in NYC for June was $1.15M Tweet this
Average Angel round in the US for June was $793k Tweet this
Key Takeaways:
There was a sharp drop in the average Series A round in NYC in June which was influenced by two relatively small rounds. Also, the number of deals fell nearly 50% for the month. Nationally, the number of Series A deals more than doubled, leading to a 58% increase in aggregate funding.
For your Tweeting Convenience:
Average Series A round in NYC for June was $3.6M Tweet this
Average Series A round in the US for June was $7.2M Tweet this
Key Takeaways:
The number of Series B deals topped the billion dollar level in June, fueled by a massive increase in the number of financings.
For your Tweeting Convenience:
Average Series B round in NYC for June was $13.28M Tweet this
Average Series B round in the US for June was $15.42M Tweet this
Key Takeaways:
The number of Series C+ deals fell nearly by a half in June. However, this was not reflected in aggregate funding as there was a near doubling. *It is important to note that this national data is skewed by the Uber mega round, which is one of the largest rounds of all time, topping over $1B.
For your Tweeting Convenience:
Average Series C+ round in NYC for June was $50M Tweet this
Average Series C+ round in the US for June was $78.42M and heavy influenced by Uber’s mega round Tweet this
Key Takeaways:
New York remained steady with historical averages while nationally there was a significant increase in both the number of deals as well as the aggregate amount invested.
For your Tweeting Convenience:
$522M was invested in angel and venture financing for startups in June in NYC across 38 deals Tweet this
$8.4B was invested in angel and venture financing for startups in June in the US across 881 deals Tweet this