[Report] NYC Enterprise Tech Beats Pre-Pandemic Highs: $6.2B Raised in 2022
2022 was a major reset from 2021's frenetic funding environment with NYC enterprise software startups having raised $6.2B in 2022.
At Work-Bench, we've been investing in and tracking the NYC enterprise tech ecosystem for nearly a decade.
In 2021, enterprise tech funding in NYC set colossal new records. Then in 1H 2022, funding slowed down, but continued to fare well relative to other industries and geographies.
Our State of Enterprise Tech in NYC: 2022 Funding Report found that 2022 was a major reset from 2021's frenetic funding environment. NYC enterprise software startups raised $6.2B in 2022—that's less than 2021's $16.7B peak, but 6% higher than 2020 and 90% higher than 2019.
Read our full report for more data and analysis on:
Biggest funding rounds
Unicorns and the top sector(s) leading the herd
Funding trends deep dive, including total amount raised, total deal count, breakdown by stage, and median amount raised per stage
Check out our updated NYC Enterprise Tech Index for a ranking of the largest NYC-based public and private companies. Shoutout to Celonis for dethroning Articulate as the #1 spot on the Top Privately-Held Companies list thanks to a $1B raise in 2022.
