Today, I take a look at the state of venture capital and angel funding during the month of June in New York. Analyzing some publicly available data from our friends at CrunchBase, we break down the 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:
June funding for NYC startups increased sharply from May levels with NYC startup funding up ~34% from May and up ~12% from June 2017 levels. Late-stage funding rebounded, after weakness with strong rounds for Away, Cedar, Kustomer, and GETT with particular strength at the Series B levels, where NYC accounted for over 18% of national Series B funding.
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The average Seed round in NYC for June was $2M Tweet This
The median Seed round in NYC for June was $2.5M Tweet This
$37.3M was invested across early stages rounds in NYC in June Tweet This
12.14% of early-stage funding nationally went to startups in NYC in June Tweet This
The average Series A round in NYC for June was $8.5M Tweet This
The median Series A round in NYC for June was $7M Tweet This
$76.4M was invested across Series A rounds in NYC in June Tweet This
8% of Series A funding nationally went to startups in NYC in June Tweet This
The average Series B round in NYC for June was $23.4M Tweet This
The median Series B round in NYC for June was $24M Tweet This
$211M was invested across Series B rounds in NYC in June Tweet This
18.3% of Series B funding nationally went to startups in NYC in June Tweet This
The average Series C+ round in NYC for June was $38.8M Tweet This
The median Series C+ round in NYC for June was $31.25M Tweet This
$105M was invested across Series C+ rounds in NYC in June Tweet This
10.9% of Series C+ funding nationally went to startups in NYC in June Tweet This
$798M was invested in #startups in June in NYC across 41 deals Tweet This
11.7% of startup funding nationally went to startups in NYC in June Tweet This
NYC VC funding in June was up 33.78% from last month and up 12.02% from the same period last year Tweet This
