There has been a flurry of $50M+ rounds announced for NYC HQ’d startups, so was interested in taking a look at data and comparing 2018 vs prior years. see below.
As you can see, 2018 has been an incredible year in terms of # of deals and dollars. In 2012 there were zero deals that were $50M+ in size, which is eye opening when you look at the 2018 data.
It is really amazing to see the growth of the startup community in NYC, so many investors are excited about what is happening. On the investor front, I was wondering which firms have been the most active in these $50M+ round sizes. see below.
The middle column is the most relevant as it captures which firms have been the most active in the past two years. Over half of these investors have offices in NYC, so the days of having to fly to Sand Hill to raise large rounds could be coming to end potentially.