AlleyWatch NYC Funding Index

State of NYC AI Funding 2023

Name: State of NYC AI Funding 2023
Creator: AlleyWatch
License: https://funding.alleywatch.com/methodology

Total Raised

$2.5B

↓2% vs 2022

Deals

175

vs 114 in 2022

Median Deal

$7M

Avg Deal

$15M

Most Active AI Investors — 2023

8 deals

6 deals

5 deals

5 deals

4 deals

Top NYC AI Rounds — 2023

#	Company	Amount	Stage	Date
1	Hugging Face	$235M	Series D	2023-08-23
2	AlphaSense	$150M	Series E	2023-09-28
3	Runway	$141M	Series C	2023-06-29
4	VAST Data	$118M	Series E	2023-12-05
5	Runway	$100M	Series D	2023-05-05
6	Pinecone	$100M	Series B	2023-04-27
7	AlphaSense	$100M	Series D	2023-04-11
8	Spring Health	$71M	Venture - Series Unknown	2023-04-12
9	Elemental Cognition	$60M	Series B	2023-08-17
10	K Health	$59M	Venture - Series Unknown	2023-07-17
11	DataDome	$42M	Series C	2023-03-30
12	EliseAI	$35M	Series C	2023-06-07
13	Petal	$35M	Venture - Series Unknown	2023-05-10
14	Stensul	$35M	Series C	2023-11-30
15	TG-17	$32M	Venture - Series Unknown	2023-12-04
16	Firsthand	$28M	Venture	2023-02-03
17	Spiral	$28M	Series A	2023-03-28
18	Canoe	$25M	Series B	2023-02-08
19	Covera Health	$25M	Series C	2023-11-01
20	Influence	$21M	Seed	2023-11-08