Over the course of 2017 we tracked 547 investments totaling $6.5 billion
Today, we take a look at the state of New York venture capital and angel funding during 2017 for startups. Analyzing some publicly available data from our friends at CrunchBase, we break down the aggregate statistics for all funding deals by stage of funding (Angel/Seed, Series A, Series B, and Series C+) as well as look at some historical trends in funding compared to previous years.
2017 was a robust year for startup funding in New York but there was a reduction in funding at most stages as well as at an aggregate level. Aggregate funding in 2017 in New York topped $6.5B across 537 deals largely dominated by late stage deals which accounted for close to 60% of total funding raised. Series A funding was particularly strong in the city in 2017, topping $1.1B at an aggregate level and even surpassing Series B funding.
2017 NYC Startup Funding Broken Down by Stage
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