Today, I take a look at the state of venture capital and angel funding during the all of July, 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+, and venture rounds that were not specified).
Funding was rather sluggish in NYC during the month of July with just under $400M in announced funding with a relatively low deal count of 27. Funding nationally was down as well but not with such a drastic change. The effects of a summer slowdown really hit across all rounds and the saving grace for NYC was one mega late stage round that accounted for over 25% of the month’s funding.
The AlleyWatch audience is driving progress and innovation at a global scale. Reaching more individuals in a single month than every other tech-focused organization in NYC combined, AlleyWatch is the highway for technology and entrepreneurship in New York. There are a number of options to reach this audience of the world’s most innovative organizations and startups at scale including sponsoring a report similar to this. Find out more here.