In December 2024, New York City's startup ecosystem witnessed $718.1M allocated across 50 deals, marking significant activity particularly in the early stages of funding.
The strong performance in Series A rounds was particularly noteworthy, with a total of $230.3M invested across 19 deals, reflecting a robust early-stage market.
Despite a decrease of 56% in funding month-over-month, NYC's startups secured 4% of the nationwide startup funding, highlighting its ongoing importance in the national landscape.
Notably, early-stage deals in NYC comprised 19.6% of national early-stage funding, signifying the city's prominent role as a hub for emerging tech companies.
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