If you’re wondering about the seed-stage investment landscape in New York City, a new report from NextView Ventures could be a good place to start.
Pulling data from a number of sources (including AngelList, CrunchBase and Mattermark), NextView principal Tim Devane found that there were 175 seed-stage deals (defined as rounds of less than $4.5 million) in New York City last year, representing a total investment of $291 million. That represents 3 percent of all the venture money put into NYC companies in 2015, but 24 percent of all deals.
The report also breaks the investments down into four broad categories — consumer goods and services, food logistics, media and publishing, and financial technology.
On the consumer goods side, Devane said there was a “Warby Parker effect,” with “brand- and convenience-first consumer products” getting increasing funding over the past few years. In fact, he said investors have put $155 million into the sector’s seed deals since January 2014, compared to the lone $1.5 million round for Warby Parker back in 2011.
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