"NYC startups raised $1.79B across 65 deals in April 2026, a 27.7% increase in capital year-over-year from the $1.4 billion raised across 62 deals in April 2025. Deal volume edged up 4.8%, signaling that the capital increase was driven by a rise in round sizes rather than a surge in transaction count. VAST Data's $500 million late-stage equity raise was the month's largest deal, representing 28.0% of all capital deployed in the ecosystem."
"AI companies captured 66.7% of all capital deployed - $1.19B across 33 deals. Late-stage rounds accounted for 50.6% of capital deployed across just 7 deals. NYC represented 8.6% of US venture capital and 14.7% of national deal volume. Average deal size: $27.5M | Median deal size: $10.0M."
"April 2026's largest transaction was VAST Data, the NYC-based AI infrastructure company, which raised a $500 million late-stage equity round. VAST Data's platform integrates storage, database, and compute capabilities into a unified AI operating system, making it a foundational player in the infrastructure stack that increasingly underpins enterprise AI deployments. The raise underscores how investors are placing large, concentrated bets on the picks-and-shovels layer of the AI economy."
"Excluding VAST Data, the remaining 64 deals totaled $1.29 billion - a figure that, on its own, would represent a healthy month for the ecosystem. The AI theme extended well beyond a single deal: Rogo raised $160 million for its AI platform serving investment banks and financial institutions, while Avoca secured $125 mil"
NYC startups raised $1.79B across 65 deals in April 2026, increasing 27.7% year over year from $1.4B across 62 deals in April 2025. Deal volume rose 4.8%, indicating capital growth came from higher round sizes rather than more transactions. Late-stage rounds accounted for 50.6% of capital deployed across 7 deals. AI companies captured 66.7% of all capital, totaling $1.19B across 33 deals. VAST Data led the month with a $500M late-stage equity raise, representing 28.0% of total NYC capital. VAST Data’s platform unifies storage, database, and compute into an AI operating system. NYC represented 8.6% of US venture capital and 14.7% of national deal volume, with an average deal size of $27.5M and a median of $10.0M.
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