Today, I take a look at the state of venture capital and angel funding during the month of December 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. This analysis does not include debt financings.
30 Second Takeaway:
December funding for NYC startups recovered from a very bleak November, with funding nearly doubling in the last month of the year. More than 70% of the month’s funding came from four individual rounds with strong fundraising by Vroom, The Wing, Daituku, and Bowery Farming. Series A funding was once again quite sparse for the month following weakness in both October and November. Aggregate funding was sharply from December 2017 levels, which was an exceptional month with over $1B raised. The national market remained strong and New York’s share of national funding accounted for 8.1% of all national funding, after only accounting for 4.4% in November.
USE THE ARROWS BELOW TO NAVIGATE THE FULL REPORT
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