NYC Startup Fundraising Benchmarks
What do NYC startups actually raise? Median and average funding by stage and sector, based on 11,562+ 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 · 11,562 rounds
| Stage | Median Round | Avg Round | Rounds in Dataset |
|---|---|---|---|
| Pre-Seed / Seed | $1M | $2M | 5,106 |
| Series A | $8M | $11M | 3,716 |
| Series B | $20M | $25M | 1,474 |
| Series C+ | $47M | $78M | 1,260 |
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 · 248 rounds
Series A
$10M
median · 380 rounds
Series B
$25M
median · 115 rounds
Series C+
$75M
median · 86 rounds
Pre-Seed / Seed
$3M
median · 164 rounds
Series A
$9M
median · 283 rounds
Series B
$20M
median · 91 rounds
Series C+
$70M
median · 71 rounds
Pre-Seed / Seed
$2M
median · 103 rounds
Series A
$10M
median · 187 rounds
Series B
$23M
median · 65 rounds
Series C+
$63M
median · 70 rounds
Pre-Seed / Seed
$1M
median · 69 rounds
Series A
$7M
median · 74 rounds
Series B
$20M
median · 22 rounds
Series C+
$60M
median · 27 rounds
Pre-Seed / Seed
$2M
median · 33 rounds
Series A
$9M
median · 35 rounds
Series B
$25M
median · 11 rounds
Series C+
$45M
median · 15 rounds
Pre-Seed / Seed
$2M
median · 54 rounds
Series A
$10M
median · 72 rounds
Series B
$30M
median · 27 rounds
Series C+
$73M
median · 32 rounds
Pre-Seed / Seed
$3M
median · 303 rounds
Series A
$9M
median · 449 rounds
Series B
$26M
median · 154 rounds
Series C+
$60M
median · 105 rounds
Pre-Seed / Seed
$1M
median · 26 rounds
Series A
$7M
median · 31 rounds
Series B
$24M
median · 12 rounds
Series C+
$250M
median · 7 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.