alleywatch january 2014 new york and us venture capital & angel investment report
DESCRIPTION
A brief look at the funding environment for startups in the United States with a particular focus on New York. The report is broken down by stage of funding including angel funding and venture capital backed rounds.TRANSCRIPT
THE JANUARY 2014 ANNUAL US AND NYC
VENTURE CAPITAL & ANGEL INVESTMENT
REPORT
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THE STATE OF VENTURE CAPITAL AND ANGEL FUNDING FOR JANUARY 2014
we’ve analyzed some publicly available data from Crunchbase and with the use of some Excel maneuvering, we present the following statistics regarding the the state of venture capital and angel funding in New York City and nationally for JANUARY 2014. !
All data is broken down by stage of funding: !!
!
!
Angel Series A Series B Series C+
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!
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BEYOND. !
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# of angel deals: !
average deal size: !
aggregate amount: !
nyc 9 !
$460,000 !
$4.14 million
!Data credit: CC by CrunchBase (http://static.crunchbase.com/exports/crunchbase_YEARly_export.xlsx)
ANGEL FUNDING JANUARY 2014
us 66 !
$546,668 !
$36.1 million
KEY TAKEAWAYS:There was a big up.ck in the average angel round na.onwide from 2013 averages, however in New York things remained rela.vely steady. We’ll monitor this as the year progresses. NYC accounted for 14% of total deals which is on par with 2013 historical averages.
Δ FROM 2013 AVG !
!
-5% !
!
!
Δ FROM 2013 AVG !
!
+17% !
!
!
# of series a deals: !
average deal size: !
aggregate amount: !
nyc 13 !
$9.41 million !
$122.3 million
us 88 !
$6.44 million !
$567.43 Million
KEY TAKEAWAYS:The average series A round in NYC was up a 76% in January from 2013 averages. While the Oscar Health round ($30M) did impact this, there were other Series A fundings at the $10M+ level including Mashable, Oyster, Zachary Prell, and One Hour Transla.on. NYC’s contribu.on to the number of deals remained in line with historical averages.
Δ FROM 2013 AVG !
!
76% !
!
!
Δ FROM 2013 AVG !
!
+11% !
!
!
SERIES A FUNDING JANUARY 2014
!Data credit: CC by CrunchBase (http://static.crunchbase.com/exports/crunchbase_YEARly_export.xlsx)
# of series b deals: !
average deal size: !
aggregate amount: !
nyc 3 !
$6.3 million !
$18.9 million
us 53 !
$12.58 million !
$666.65 million
KEY TAKEAWAYS:While certainly there is not a cri.cal mass as there were only 3 Series B deals in January in NYC, the average funding was down 39%. In fact, the average Series A round in NYC was larger in January than the average B Round.
Δ FROM 2013 AVG !
!
-39% !
!
!
Δ FROM 2013 AVG !
!
+4% !
!
!
SERIES B FUNDING JANUARY 2014
!Data credit: CC by CrunchBase (http://static.crunchbase.com/exports/crunchbase_YEARly_export.xlsx)
# of series c+ deals: !
average deal size: !
aggregate amount: !
nyc 5 !
$26.4 million !
$1.55 billion
us 49 !
$31.73 Million !
$132 million
KEY TAKEAWAYS:
NYC-‐based Series C+ ac.vity remained rela.vely consistent with historical averages.
Δ FROM 2013 AVG !
!
10% !
!
!
Δ FROM 2013 AVG !
!
+28% !
!
!
SERIES C+ FUNDING JANUARY 2014
!Data credit: CC by CrunchBase (http://static.crunchbase.com/exports/crunchbase_YEARly_export.xlsx)
# of ALL FUNDING deals: !
aggregate amount: !
nyc 30 !
!
277.34 million
us 256 !
!
$2.8 billion
KEY TAKEAWAYS:At this early stage in the year, NYC contribu.on margin for total funding is in line with historical averages. Aggregate funding is up 15% for January of 2014 as compared to the same period in 2013.
TOTAL STARTUP FUNDING ACROSS ALL ROUNDS JANUARY 2014
!Data credit: CC by CrunchBase (http://static.crunchbase.com/exports/crunchbase_YEARly_export.xlsx)
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