With so much going on in the city’s thriving ecosystem, it is easy to miss some of the happenings in the space. We keep you abreast of a few of things that you may have missed in NYC Tech this week including the fundings, exits, and events.
CLICK HERE TO SEE WHAT HAPPENED IN THE ALLEY THIS WEEK
We published a piece on 25 angel investors that you need to know at the forefront of early stage investment in New York. You can see the full article here – 25 Angel Investors in New York You Need to Know
Indicative, the third startup from founding team Jeremy Levy and Andrew Weinrich, just closed their $2 million seed round from investors Acadia Woods, Bertelsmann Digital Media Investments, Rose Tech Ventures, and a host of angels, including Jonah Goodhart, Brett Gough, Jamie Knall, Eduardo Vivas, David Reich, Matthew Grodin, Nils Johnson and John Rigos.
Indicative is an intelligent analytics platform for web and mobile businesses, and offers companies the easiest and most intuitive platform to help them to understand and visualize their data.
The Pivot conference was held in NYC at NASDAQ in Times Square. Attendees were on hand Altimeter’s Brian Solis rang the closing bell.
The market closed slightly up, of course.
PaintZen, an e-commerce platform that enables people to book, schedule, and pay for home and office painters, has raised a $1.8 million seed round from investors including Philip Nadel, Barbara Corcoran Venture Partners, Sterling Equities, Quotidian Ventures, First Ascent Associates, Rugged Ventures, Thomas Korte and Lerer Hippeau Ventures, among others.
Our friends at RRE just opened the RRE Flatiron, the new second home of RRE Ventures. The downtown space, located at 54 West 21st Street, was designed for co-working, events and community.
And they’re happy to host your next event there (email flatiron@rre.com to schedule a tour).
They’re also planning to host a mix of industry-specific roundtables and demo nights, as well as community facing meetups, classes, panels and pop-up shops, so stay tuned.
Techstars NYC applications are due this weekend and we had a chance to catch up with a few alums to discuss their experience with the program. You can see the full article here – 8 Reasons You Should Apply to Techstars NYC
VerbalizeIt, a language translation startup that came out of Techstars and pivoted to the enterprise market, has raised $830,000 in seed funding from FG Angels, the angel syndicate of Foundry Group; Galvanize Ventures; and individuals, including Daniel Saul and Walter Winshall.
We published a report on the state of venture capital and early stage financing that looked at activity over the last 10 quarters in NYC and nationally. You can read the whole report here – The 2014 Q3 NYC and US Venture Capital and Early Stage Historical Funding Report
If you want to look smart, you can use these tweetables:
The average series B round has doubled in NYC over the last 10 quarters Tweet this
The average NYC series A round has gone up ~150% over the last 10 quartersTweet this
The average seed/angel round in NYC in Q3 was $996K Tweet this
The average Series A round in NYC in Q3 was $6.3M Tweet this
The average Series B round in NYC in Q3 was $14.5M Tweet this
The average Series C+ round in NYC in Q3 was $24M Tweet this
The average seed/angel round in the US in Q3 was $929K Tweet this
The average Series A round in the US in Q3 was $7.4M Tweet this
The average Series B round in the US in Q3 was $16.3M Tweet this
The average Series C+ round in the US in Q3 was $28.6M Tweet this
$65M was invested in 65 seed/angel rounds in Q3 of 2014 in NYC Tweet this
$691M was invested in 720 seed/angel rounds in NYC over the last 10 quarters Tweet this
$438M was invested in 472 seed/angel rounds in Q3 of 2014 in the US Tweet This
$4.8M was invested in 5640 seed/angel rounds in the US over the last 10 quarters Tweet this
$183M was invested in 29 Series A rounds in Q3 of 2014 in NYC Tweet this
$1.5B was invested in 218 seed/angel rounds in NYC over the last 10 quarters Tweet this
$1.49B was invested in 201 Series A rounds in Q3 of 2014 in the US Tweet this
$13.9B was invested in 2084 Series A rounds in the US over the last 10 quarters Tweet this
$203M was invested in 14 Series B rounds in Q3 of 2014 in NYC Tweet this
$1.5B was invested in 120 Series B rounds in NYC over the last 10 quarters Tweet this
$2.24B was invested in 137 Series A rounds in Q3 of 2014 in the US Tweet this
$16.5B was invested in 1223 Series A rounds in the US over the last 10 quarters Tweet this
$384M was invested in 16 Series C+ rounds in Q3 of 2014 in NYC Tweet this
$2.9B was invested in 107 Series C+ rounds in NYC over the last 10 quarters Tweet this
$3.75B was invested in 131 Series C+ rounds in Q3 of 2014 in the US Tweet this
$37.1B was invested in 1223 Series C+ rounds in the US over the last 10 quarters Tweet this
$1.02B was invested in 147 startup rounds in Q3 of 2014 in NYC Tweet this
$7.5B was invested in 1346 startup rounds in NYC over the last 10 quarters Tweet this
$10.9B was invested in 1463 startup rounds in Q3 of 2014 in the US in 1463 rounds Tweet this
$84B was invested in 13127 startup rounds in the US over the last 10 quarters Tweet this
Entrepreneurs Roundtable Accelerator hosted a meet and greet for potential applicants for their next class. Alumni from past ERA classes addressed a packed house at Connelly’s to talk about their personal experiences with the program. Deadline for applications is November 13th.
Jason Klein was the Angel of the Hour at this month’s StartupOneStop investor breakfast, hosted by Cowork.rs, where he discussed the investing landscape, what angels focus on most, and met with attendees one-on-one to proffer his advice.
That’s why breakfast is the most important meal of the day, after all!
