"New York City startup funding kicked off 2026 with resilience, posting $1.68B across 113 deals-a 93.5% year-over-year surge despite a 20.1% month-over-month seasonal decline. The strong YoY performance was anchored by Rain's $250M Series C and demonstrated sustained ecosystem strength entering the new year. NYC startups raised $1.68B across 113 deals in January 2026, marking a sharp contrast in year-over-year momentum despite the expected seasonal pullback."
"This YoY performance signals sustained strength in NYC's startup ecosystem even as broader market conditions remain cautious, with the city's ability to nearly double year-ago funding levels suggesting deepening capital availability and investor confidence in the metro area's tech sector. NYC captured 26.3% of national venture funding in January, a significant increase from typical monthly shares, as the broader US market experienced a pronounced 58.5% decline to $6.40B."
NYC startups raised $1.68B across 113 deals in January 2026, a 93.5% increase versus January 2025 and a 20.1% decline versus December 2025's $2.08B. The largest round was Rain's $250M Series C for stablecoin payment infrastructure. AI companies accounted for 45 deals and $608.3M, representing 36.2% of total funding. Late-stage rounds captured $690M (41.0% of total) across seven deals, averaging roughly $98.6M per deal. NYC secured 26.3% of national venture funding in January while the broader U.S. market fell 58.5% to $6.40B. The funding distribution showed improved balance across stages.
Read at Alleywatch
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