Today, I take a look at the state of venture capital and angel funding during the month of December, both in New York and nationally. Analyzing some publicly available data from our friends at CrunchBase, we break down the national aggregate statistics for all funding deals by stage of funding (Angel/Seed, Series A, Series B, and Series C+, as well as venture unspecified rounds less than $10M).
CLICK HERE TO SEE WHAT HAPPENED IN STARTUP FUNDING IN DECEMBER 2016
Quick Takeaways:
A rather slow, holiday-shortened month, as to be expected, with New York posting $384M in reported funding, down from November levels, while nationally funding did not echo the slowdown in NYC and exceeded $4.2B; up 25% from November levels. The national increases were largely influenced by late stage rounds (Series C+) which were up over 25% and Series B rounds which were up over 135% nationally. November was a very slow month for Series B funding in NYC and December provided some recovery with over $100M in reported funding while there was a doubling in the number of transactions. New York’s late stage funding was down significantly (~48%) from November levels with Rent The Runway’s last minute (announced December 27th) $60M round serving as the cornerstone/saving grace for the $166M in funding accumulated during the month.
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For your tweeting convenience:
Average Angel/Seed round in NYC for December was $1.4M Tweet this
$12.5M was invested across early stages rounds in NYC in December Tweet this
Average Angel/Seed round in the US for December was $1.6M Tweet this
$110M was invested across early stages rounds in the US in December Tweet this
11.4% of early stage funding nationally went to startups in NYC in December Tweet this
For your tweeting convenience:
Average Series A round in NYC for December was $9.1M Tweet this
$72.5M was invested across Series A rounds in NYC in December Tweet this
Average Series A round in the US for December was $11.2M Tweet this
$525M was invested across Series A rounds in the US in December Tweet this
13.81% of Series A funding nationally went to startups in NYC in December Tweet this
For your tweeting convenience:
Average Series B round in NYC for December was $19.4M Tweet this
$116.2M was invested across Series B rounds in NYC in December Tweet this
Average Series B round in the US for December was $19.8M Tweet this
$734M was invested across Series B rounds in the US in December Tweet this
15.83% of Series B funding nationally went to startups in NYC in December Tweet this
For your tweeting convenience:
Average Series C+ round in NYC for December was $33.3M Tweet this
$166M was invested across Series C+ rounds in NYC in December Tweet this
Average Series C+ round in the US for December was $61M Tweet this
$2.9B was invested across Series C+ rounds in the US in December Tweet this
5.68% of Series C+ funding nationally went to startups in NYC in December Tweet this
For your tweeting convenience:
$384M was invested in angel and venture financing for #startups in December in NYC across 32 deals Tweet this
$4.2B was invested in angel and venture financing for #startups in December in the US across 253 deals Tweet this
9.1% of startup funding nationally went to startups in NYC in December Tweet this
