Most Active Bay Area VC in NYC ?

I sent out this tweet and poll, here are the responses per the crowd of 255 people:

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The crowd was wrong but all four are very active in NYC.

As you are likely aware, the NYC tech ecosystem is on fire and many Bay Area VC firms are actively investing in the region.  Many firms from outer regions have opened an office in NYC the past few years, including NEA, Battery, General Catalyst and most recently GGV Capital.  We are going to see more non NY HQ’d VCs opening offices here.

For the purpose of this exercise, I only researched firms without an office or full time person in NYC.  The time frame of the investments occurred between Jan 2018 and Sept 2019.  These include new investments and follow-on investments.

Below are the results per a query on Pitchbook.

I will caveat this that GGV Capital also had 17 investments during this period, I excluded them as they didn’t meet the criteria mentioned above as they recently had a team member move to NYC.

Sequoia led the pack with 17 investments, second was Forerunner with 14.  Both firms are HQ’d in the Bay Area.

In terms of firms from other regions that are active in NYC, they include F-Prime , which had 13 , followed by Accomplice and Polaris with 12.  All three of these firms are HQ’d in Boston.

Another caveat is that there are a lot of seed investors outside of NYC that are active here but on many occasions those rounds are not disclosed publicly or in regulatory filings, so there are firms that should be on this list but didn’t make the cut since Pitchbook doesn’t have their data.

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One thought on “Most Active Bay Area VC in NYC ?

  1. Pingback: Why NYC? | Shai's Blog

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