Today, I take a look at the state of venture capital and angel funding during the all of September, 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).
September was a stellar month for startup funding in NYC with a 151% increase from August levels and funding approached $1B for the month in NYC. While a recovery from the summer doldrums was to be expected startup funding was particularly strong at Series A where funding was up over 300%. The number of deals was also amongst the highest we have tracked. Nationally funding was up but funding at the seed, Series A, and Series B levels was actually down with increases coming from late stage rounds.