2015 was the strongest year ever for the Digital NY scene with total announced funding of $4.5 billion and at least $900 million of fundraising in each quarter. Q1 2016 saw a decrease in funding to approximately $449 million. However Q2 2016 showed signs of upward momentum with over $1.0 billion raised. Volume slipped a bit in Q3 2016 to $841.3 million. Investments in Digital Marketing and Content companies led the way, representing 36% and 33% of all Q3 2016 Digital NY investment activity, respectively. Since 2010, over $17 billion has been raised for Digital NY companies. For Q3 2016, 22 private digital companies raised $841.3 million. Of these, 14 were companies we had already been tracking and they represented approximately $682.5 million of the total raised. Eight new companies raised the remaining $158.8 million.
© In the U.S., America’s Growth Capital, LLC dba AGC Partners, member FINRA/SIPC. In Europe, America’s Growth Capital Europe, LLP (Appointed Representative Alternatives St. James, LLP which is authorized and regulated by the Financial Conduct Authority). America’s Growth Capital Europe, LLP is a Limited Liability Partnership incorporated in England and Wales (OC368580). Its registered address is 6th Floor, 9 Appold Street, London EC2A 2AP. The testimonials contained herein may not be representative of the experience of other customers or clients. Testimonials are no guarantee of future performance or success. Deals marked with an “*” are non-AGC deals.
