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 (Angel/Seed, Series A, Series B, and Series C+, as well as venture unspecified rounds less than $10M).
CLICK HERE TO SEE THE FULL REPORT
QUICK TAKEAWAYS:
It was a very slow month in February for venture funding in NYC with only $207M raised as February tends to be slow. Early stage rounds in the city were strong but there was not a single funding for a Series C or later round during the entire month. This has not happened before in the 2+ years I have been producing this report. NYC was particularly strong at the Series A level comprising over 17% of funding nationally. Funding was also down nationally but not in proportion to the reduction witnessed in NYC.
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. Find out more here.