Seed stage activity fell precipitously in 2017, marking a 25% decline in total funding for 2017 from 2016 levels and even falling below 2015 levels. The number of financings also fell at a similar rate. The only saving grace in the seed spectrum was that median deal size did increase 25%.
For your tweeting convenience:
NYC Startups raised $361M in seed funding in 2017, down sharply from 2016 Click to tweet
NYC #Startup Seed stage funding fell 25.26% in 2017 Click to tweet
The median seed stage round in NYC in 2017 was $1.25M Click to tweet
Median NYC #startup seed stage deal size increased 25% in 2017 Click to tweet
The number of NYC #startup seed stage deals fell 28% in 2017 Click to tweet
2017: NYC Top 5 Seed Investments
Now we take a look at the NYC Startup seed fundings that were the largest for the year.
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