NYC Startup Funding Overview – June 2025
NYC startup funding reached $2.45B across 101 deals in June 2025. The month was led by several large late-stage rounds including Cyera’s $540M Series E and Ramp’s $200M Series E. Early-stage funding included 30 deals. This report examines venture capital activity across all funding stages in New York’s tech ecosystem, highlighting key rounds and emerging trends while excluding biotech, real estate, lending startups, and debt financings.
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Early-Stage Metrics
$132.2M
30
$4.4M
$3.9M
4.7%
Series A Metrics
$383.2M
22
$17.4M
$16.5M
23.6%
Series B Metrics
$285.2M
9
$31.7M
$30.0M
18.1%
Late-Stage Metrics
$1.64B
25
$65.4M
$23.4M
23.1%
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Notable Funding Rounds
Cyera raised $540M in Series E funding. The AI-powered data security platform gives enterprises deep context on their data to assure cyber-resilience and compliance.
Ramp secured $200M in Series E funding. The corporate card and expense management platform continues its rapid growth trajectory.
Kalshi raised $185M in Series C funding. The prediction market platform allows users to trade on real-world events.
Digital Asset closed $135M in late-stage funding. The blockchain technology company focuses on distributed ledger solutions for enterprises.
Tennr raised $101M in Series C funding. The healthcare AI startup provides an automation platform for medical documents.
Key Insights
• Strong Month-over-Month Growth: June’s 32.3% increase over May demonstrates continued momentum in NYC’s tech ecosystem.
• Series A Strength: NYC captured 23.6% of all US Series A funding, showing the city’s strong position in scaling startups.
• Steady Year-over-Year Growth: The 6.4% increase compared to June 2024 reflects sustainable growth despite broader market challenges.
