Both deal volume and total dollars invested in Q3 were up from last quarter as the VC community continues to pour larger and larger rounds into the city’s most promising opportunities.
NYC's seed market saw saw 49 deals, up 17% from Q2 and up 26% from this time last year. More notably, however, was total funding, which hit $87.6 million - a sharp increase of 31% from last quarter, and up 26% from Q3 2017.
Alma offers a brand new model for mental health that brings together top therapists into co-practicing communities with shared access to a full-stack technology platform - scheduling, billing, acquisition and telemedicine - and flexible access to beautiful office space designed to optimize both the therapist and client experience.
Last week we had the pleasure of announcing from the stage at the Summit that Steve Schlafman, who in June joined our team as a part-time Venture Partner, has shifted to a full-time Partner role.
We’re having trouble containing our excitement for next week’s Summit, on October 3-4, which will feature panel discussions led by VCs, presentations from NYC’s most exciting startups, and unparalleled networking opportunities amongst the greatest group we could ever dream of assembling.
TechCrunch Disrupt’s dramatic curtain has officially lifted on Mirror, a cloud-based fitness platform that offers consumers personalized boutique fitness classes across a variety of devices, including the company’s first hardware offering: a full-size, in-home, digitally enabled mirror.
Do you love rolling your sleeves up and figuring out how to build successful companies? We’re looking for a Senior Associate/Principal to join our investment team and focus on new incubation investment opportunities.
Just because a client has purchased your product does not mean they’re “live,” and being “live” certainly does not mean that their usage is where you want it to be. Here, we’ll focus on proper post-sale customer onboarding and implementation, specifically as it relates to seed and pre-seed ventures.
Latch raised a $70 million Series B, which values the startup at more than $250 million. This is a significant milestone for the smart lock company, which has been redefining enterprise-grade access control since its inception in 2014.
Financial management is one of the most critical pillars to helping a startup successfully navigate the path to Series A. Having seen the enormous success of the firm’s Talent Program over the last several years in accelerating early-stage talent development, Primary was looking to bring on an Operating Partner to shift the early-stage finance narrative in the same way.
While enterprise SaaS platforms continue to dominate the seed landscape in our city, real estate and FinTech platforms showed some reinvigoration, each accounting for 14% of total rounds. Platforms that synthesize big data, as well as those that ensure consumer security also received notable attention in Q2.
After a lackluster start to 2018, New York City saw 42 seed rounds in Q2 - up 62% from Q1. Total funding rolled in at $66.9 million, up 67% over Q1. Compared to Q2 2017, we’re now up 14% in deals, and right on par with dollars raised.