NYC Startup Fundraising Benchmarks
What do NYC startups actually raise? Median and average funding by stage and sector, based on 11,452+ 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 · 11,452 rounds
| Stage | Median Round | Avg Round | Rounds in Dataset |
|---|---|---|---|
| Pre-Seed / Seed | $1M | $2M | 5,065 |
| Series A | $8M | $11M | 3,674 |
| Series B | $19M | $25M | 1,464 |
| Series C+ | $45M | $76M | 1,243 |
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 · 249 rounds
Series A
$10M
median · 385 rounds
Series B
$25M
median · 110 rounds
Series C+
$61M
median · 82 rounds
Pre-Seed / Seed
$2M
median · 168 rounds
Series A
$9M
median · 283 rounds
Series B
$20M
median · 88 rounds
Series C+
$69M
median · 70 rounds
Pre-Seed / Seed
$2M
median · 112 rounds
Series A
$10M
median · 190 rounds
Series B
$23M
median · 67 rounds
Series C+
$60M
median · 69 rounds
Pre-Seed / Seed
$1M
median · 72 rounds
Series A
$7M
median · 79 rounds
Series B
$20M
median · 23 rounds
Series C+
$50M
median · 25 rounds
Pre-Seed / Seed
$2M
median · 34 rounds
Series A
$8M
median · 38 rounds
Series B
$25M
median · 11 rounds
Series C+
$45M
median · 15 rounds
Pre-Seed / Seed
$2M
median · 55 rounds
Series A
$9M
median · 73 rounds
Series B
$25M
median · 26 rounds
Series C+
$70M
median · 33 rounds
Pre-Seed / Seed
$3M
median · 316 rounds
Series A
$9M
median · 469 rounds
Series B
$25M
median · 152 rounds
Series C+
$56M
median · 101 rounds
Pre-Seed / Seed
$1M
median · 30 rounds
Series A
$7M
median · 32 rounds
Series B
$21M
median · 11 rounds
Series C+
$155M
median · 6 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.