Today, I take a look at the state of venture capital and angel funding during the month of February, 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 (Seed, Series A, Series B, and Series C+) including mention of notable rounds.
One Minute Takeaway:
After a dismal January, startup funding in New York recovered in NYC during the month of February. Total funding raised was over $620M with particular strength at the A level. Seed funding once again was rather sluggish for NYC startups in February. Aggregate funding was up 200% from February 2017 levels and up 108% from January levels. Nationally, startup fell to $4B, down nearly 33%, after an exceptional January.
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 like this. Find out more here.