NYC Startup Fundraising Benchmarks
What do NYC startups actually raise? Median and average funding by stage and sector, based on 11,602+ real NYC funding rounds tracked by AlleyWatch since 2010. Use these numbers to benchmark your raise.
All NYC Startups — by Stage
NYC Startup Fundraising Benchmarks — All Time
AlleyWatch NYC Funding Index · 2010–present · 11,602 rounds
| Stage | Median Round | Avg Round | Rounds in Dataset |
|---|---|---|---|
| Pre-Seed / Seed | $1M | $2M | 5,114 |
| Series A | $8M | $11M | 3,729 |
| Series B | $20M | $26M | 1,478 |
| Series C+ | $48M | $78M | 1,275 |
Median is the midpoint — half of rounds are above this, half below. A more useful benchmark than average, which is skewed by mega-rounds.
By Sector — Last 3 Years
Median round size by stage for NYC startups in each sector. Based on rounds closed in the last 3 years. Sectors with fewer than 3 data points per stage are excluded.
Pre-Seed / Seed
$3M
median · 241 rounds
Series A
$10M
median · 373 rounds
Series B
$25M
median · 114 rounds
Series C+
$61M
median · 93 rounds
Pre-Seed / Seed
$3M
median · 160 rounds
Series A
$9M
median · 279 rounds
Series B
$20M
median · 90 rounds
Series C+
$71M
median · 70 rounds
Pre-Seed / Seed
$3M
median · 100 rounds
Series A
$10M
median · 185 rounds
Series B
$24M
median · 64 rounds
Series C+
$70M
median · 75 rounds
Pre-Seed / Seed
$1M
median · 67 rounds
Series A
$7M
median · 74 rounds
Series B
$20M
median · 22 rounds
Series C+
$50M
median · 27 rounds
Pre-Seed / Seed
$2M
median · 32 rounds
Series A
$9M
median · 33 rounds
Series B
$25M
median · 11 rounds
Series C+
$45M
median · 15 rounds
Pre-Seed / Seed
$2M
median · 54 rounds
Series A
$10M
median · 67 rounds
Series B
$30M
median · 27 rounds
Series C+
$75M
median · 33 rounds
Pre-Seed / Seed
$3M
median · 294 rounds
Series A
$9M
median · 439 rounds
Series B
$27M
median · 150 rounds
Series C+
$59M
median · 109 rounds
Pre-Seed / Seed
$1M
median · 25 rounds
Series A
$6M
median · 29 rounds
Series B
$27M
median · 13 rounds
Series C+
$163M
median · 8 rounds
How to use these benchmarks
These figures reflect the actual distribution of NYC funding rounds tracked in the AlleyWatch dataset. Use them as a starting point for fundraising conversations — not as a ceiling or floor.
The median is more useful than the average because it excludes the influence of outlier mega-rounds. Half of rounds at each stage are above the median shown, half are below.
Sector medians are based on the last 3 years to reflect current market conditions. Overall stage benchmarks cover all rounds since 2010.