The May 2016 NYC and US Venture Capital and Early Stage Startup Funding Report

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AlleyWatch May 2016 and US Venture Capital & Angel Investment Report.002

Today, I take a look at the state of venture capital and angel funding during the all of May, both in New York and nationally. Analyzing some data from our friends at CrunchBase, I 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 non-specified venture rounds <$10M).



Quick analysis:

In New York, it was a very robust month for NYC startup funding, as the aggregate funding for the month approached $800M.  This figure is largely affected by two funding rounds in the transportation sector that comprised more than half the total – Gett and Via. Both of these rounds and the growth in funding is attributable to later stage rounds (Series C+).  Following a slow April, for Series A activity, May did not prove better with only a total of 6 announced fundings.

Nationally, it was also a very active month with aggregate funding approaching $6.5B, which is the largest we have seen over the last 12 months. Similar to NYC, the driver for growth in national funding was the latter stages rounds, where founding more than doubled to approach $5B.  Of note, is the Snapchat funding totaling $1.8B, which comprises >25% of the total.


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About the author: Reza Chowdhury

Reza Chowdhury is the CEO and Founder of AlleyWatch, the largest media property focused on the NYC tech and entrepreneurial ecosystem. He is also the Founder of New York Startup Lab, a software development firm with a specific focus on early stage companies. Previously, Reza was involved with several entrepreneurial ventures and began his career as securities trader on Wall Street. Recognized as a global thought leader, Reza has been named one of the 100 most influential people in NYC Tech by TechWeek on multiple occasions and is a NYC Venture Fellow, a world-class, year-long fellowship program designed to help high-potential entrepreneurs scale their ventures. Reza routinely speaks on the global startup ecosystem and is an advisor to advisor to SD Asia and Dublin Globe, two organizations that are fostering the growth of local entrepreneurial ecosystems.

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