A brief look at the funding environment for startups in the United States with a particular focus on New York. The report is broken down by stage of funding including angel funding and venture capital backed rounds.

1. !
Image credit: CC by bunnygoth (Flickr)
THE MAY 2014
US AND NYC
VENTURE CAPITAL &
ANGEL INVESTMENT
REPORT

2. Image credit: CC by aurelien (Flickr)
!
THE DESTINATION FOR STARTUP AND INVESTMENTS,
OPINIONS, REVIEWS, AND EVENT COVERAGE FOR THE NEW
YORK COMMUNITY AND BEYOND.
!
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capitalists, angel investors, entrepreneurs,
accelerators, startup employees, thought leaders,
event organizers, corporate executives, academics,
city officials, PR/press and tech enthusiasts.
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3. !
)
Image credit:
THE STATE OF VENTURE CAPITAL AND ANGEL
FUNDING FOR MAY 2014
we’ve analyzed some publicly available data from Crunchbase and with the use of some Excel
maneuvering, we present the following statistics regarding the the state of venture capital
and angel funding in New York City and nationally for may 2014.
!
All data is broken down by stage of funding:
!
!
!
!
Angel and seed
Series A
Series B
Series C+

4. Image credit: © NYC & Company
# of angel/seed deals:
!
average deal size:
!
aggregate amount:
!
nyc
7
!
$1,360,714
!
$9.53 million
!
Data credit: CC by CrunchBase (http://static.crunchbase.com/exports/crunchbase_YEARly_export.xlsx)
ANGEL AND SEED FUNDING MAY 2014
us
57
!
$1,366,357
!
$77.88 million
KEY TAKEAWAYS:
The
number
of
deals
in
New
York
and
na5onally
both
increased
from
March.
The
number
of
deals
increased
na5onally
in
excess
of
20%.
Aggregate
funding
was
up
both
na5onally
and
in
NYC
from
March
levels
and
deal
sizes
were
significantly
higher
on
average
than
2013
levels.
Δ FROM 2013 AVG
!
!
+181%
!
!
!
Δ FROM 2013 AVG
!
!
+193%
!
!
!

5. # of series a deals:
!
average deal size:
!
aggregate amount:
!
!
!
nyc
9
!
$28.8 million*
!
$258.97 million
!
Data credit: CC by CrunchBase (http://static.crunchbase.com/exports/crunchbase_YEARly_export.xlsx)
SERIES A FUNDING MAY 2014
us
101
!
$10.68 million
!
$533.81 Million
KEY TAKEAWAYS:
Series
A
deals
fell
nearly
to
half
of
March
levels
both
na5onally
and
in
NYC
in
May
with
only
50
deals
of
which
NYC
comprised
nearly
20%.
However,
average
deal
size
was
nearly
double
that
of
March
levels
na5onally.
*It
is
important
to
note
that
NYC’s
data
is
skewed
by
two
extremely
large
A
rounds
raised
by
Oscar
Health
($80M)
and
Mozido
($100M).
When
excluding
these
two
outliers,
the
average
A
round
in
NYC
in
May
was
$8.78M
Δ FROM 2013 AVG
!
!
440%
!
!
!
!
!
!
!
Δ FROM 2013 AVG
!
!
83%
!
!
!
!
!
Image credit:

6. # of series b deals:
!
average deal size:
!
aggregate amount:
!
!
!
nyc
5
!
$39.3 million*
!
$196.5 Million
!
Data credit: CC by CrunchBase (http://static.crunchbase.com/exports/crunchbase_YEARly_export.xlsx)
SERIES B FUNDING MAY 2014
us
44
!
$19.06 Million
!
$838.49 million
KEY TAKEAWAYS:
The
number
of
Series
B
deals
na5onally
jumped
more
than
20%
from
March
levels.
*It
is
important
to
note
that
NYC’s
figures
are
heavily
influenced
by
Fla5ron
Health’s
massive
$130M
funding.
When
excluding
that
par5cular
financing,
the
average
Series
B
round
in
NYC
was
$13.3M.
Δ FROM 2013 AVG
!
!
283%
!
!
!
!
!
!
!
Δ FROM 2013 AVG
!
!
58%
!
!
!
Image credit: CC by Trodel (Flickr)

7. # of series C+ deals:
!
average deal size:
!
aggregate amount:
!
!
!
nyc
3
!
$30 million
!
$90 Million
!
Data credit: CC by CrunchBase (http://static.crunchbase.com/exports/crunchbase_YEARly_export.xlsx)
SERIES C+ FUNDING MAY 2014
us
49
!
$49.12 Million
!
$1.67 billion
KEY TAKEAWAYS:
May
did
not
share
the
same
up5ck
in
Series
C+
fundings
as
in
March.
Na5onally,
aggregate
funding
dropped
over
40%.
!
NYC
LIQUIDITY
WATCH
-­‐
Smartling
closed
a
sizable
D
round
just
months
aaer
raising
their
C.
Δ FROM 2013 AVG
!
!
25%
!
!
!
!
!
!
!
Δ FROM 2013 AVG
!
!
38%
!
!
!
!
!
Image credit: CC by Amiga_Commodore (Flickr)

8. !
Data credit: CC by CrunchBase (http://static.crunchbase.com/exports/crunchbase_YEARly_export.xlsx)
TOTAL STARTUP FUNDING ACROSS ALL ROUNDS MAY 2014
# of ALL FUNDING
deals:
!
aggregate amount:
!
!
!
!
!
nyc
40
!
!
$692.94 million
us
746
!
!
$6.74 billion
KEY TAKEAWAYS:
There
was
a
massive
increase
in
total
funding
for
both
New
York
and
the
US
in
May
from
March
data.
Na5onally,
the
number
the
increase
in
funding
can
be
abributed
to
a
near
tripling
in
the
number
of
deals.
Of
note,
in
New
York
aggregate
funding
more
than
doubled
to
close
to
$700M
for
the
month
with
a
25%
increase
in
the
number
of
deals.
This
was
aided
by
some
very
large
rounds.
Image credit: © NYC & Company

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