Today, I take a look at the state of venture capital and angel funding during the all of October 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+, as well as venture unspecified rounds less than $10M).
CLICK HERE TO SEE THE WHAT HAPPENED IN STARTUP FUNDING IN OCTOBER
Quick takeaways on the NYC Venture Capital environment in October 2016:
Funding in NYC was down 52% from September levels as funding approached $500M for the month in NYC. September was a stellar month for NYC funding; hot off the summer lull, so a pullback to normalcy was to be expected. Nationally funding was down 36% percent as well. Early stage funding actually increased both nationally and in NYC and the decrease is largely attributable to a reduction in the number of latter stage deals.
Quick takeaways:
Seed funding was up 64% in NYC in the month of October while the number of deals fell slightly, leading to a 73% increase in average seed round size in NYC. Nationally seed funding was was also up 46% from September levels while the number of deals increased slightly.
For your tweeting convenience:
Average Angel/Seed round in NYC for October was $2M Tweet this
$38.1M was invested across early stages rounds in NYC in October Tweet this
Average Angel/Seed round in the US for October was $1.8M Tweet this
$207.6M was invested across early stages rounds in the US in October Tweet this
18.34% of early stage funding nationally went to startups in NYC in October Tweet this
Quick takeaways:
Series A was down 69% in NYC in the month of October after posting huge gains in September (324%). The number of deals nearly fell over 50% and the average round was down 31%. Nationally, Series A funding was up 29% from September levels and the number of deals were down slightly.
For your tweeting convenience:
Average Series A round in NYC for October was $6.2M Tweet this
$31.2M was invested across Series A rounds in NYC in October Tweet this
Average Series A round in the US for October was $9.99M Tweet this
$479M was invested across Series A rounds in the US in October Tweet this
5.39% of Series A funding nationally went to startups in NYC in October Tweet this
Quick takeaways:
Series B funding was down over 50% in NYC in the month of October. The number of deals fell nearly proportionately. Nationally, Series B funding remained steady with October levels.
For your tweeting convenience:
Average Series B round in NYC for October was $19.1M Tweet this
$76.5M was invested across Series B rounds in NYC in October Tweet this
Average Series B round in the US for October was $20.9M Tweet this
$689M was invested across Series B rounds in the US in October Tweet this
11.1% of Series B funding nationally went to startups in NYC in October Tweet this
Quick takeaways:
In New York, late stage rounds decreased 53% to slightly over $300M while the number of deals also fell 50%. Late stage funding in the US also took a hit falling 58% in October from September levels. The number of deals also decreased albeit less, resulting in a 37% decline.
For your tweeting convenience:
Average Series C+ round in NYC for October was $61.1M Tweet this
$306M was invested across Series C+ rounds in NYC in October Tweet this
Average Series C+ round in the US for October was $32M Tweet this
$1.4B was invested across Series C+ rounds in the US in October Tweet this
22.5% of Series C+ funding nationally went to startups in NYC in October Tweet this
Quick takeaways:
Funding in NYC was down 52% from September level as funding approached $500M for the month in NYC. September was a stellar month for NYC funding; hot off the summer lull so a pullback to normalcy was to be expected. Nationally funding was down 36% percent as well. Early stage funding actually increased both nationally and in NYC and the decrease is largely attributable to a reduction in the number of latter stage deals.
For your tweeting convenience:
$471M was invested in angel and venture financing for #startups in October in NYC across 40 deals Tweet this
$3B was invested in angel and venture financing for #startups in October in the US across 303 deals Tweet this
15.51% of startup funding nationally went to startups in NYC in October Tweet this
