United States

New York City

Integration Phase

Now more than ever, New York’s tech sector stands out as a top global innovation hub. With record job and investment growth, we’ve become America’s talent capital, with a future poised for more.

Julie Samuels
Executive Director of Tech:NYC

Sub-sector Strengths

AI, Big Data & Analytics

New York boasts the highest percentage of AI and machine-learning job positions in a single U.S. metro area. Recent 5-year growth in AI and Big Data VC funding is higher in New York City than the Bay Area and Boston. Datorama, an AI marketing platform, was acquired for $800 million in 2018.

Cybersecurity

Cybersecurity is a billion-dollar industry in New York City, with over 100 companies and 6,000 employees as of 2017. Cyber NYC, an initiative to catalyze 10,000 jobs, is a $100 million public-private investment led by the City. Medigate, a medical security platform, raised $15 million in 2019.

Life Sciences

New York City has nine academic medical centers, over 50 hospitals, and over 100 research foundations. The city is home to Life Sciences startups like Flatiron Health, acquired by Roche for $2.1 billion and Schrödinger, which received $85 million in a Series E round in 2019.

Why you should invest in New York City

SOFTWARE STARTUP OUTPUT
7k-9.5k
GLOBAL AVG.
1,010
ECOSYSTEM VALUE
$64 bn
GLOBAL AVG.
$5 bn
#2 Global Ecosystem
Funding
#4 Global Ecosystem
Life Sciences
5
Exit Growth
INDEX
6
Output Growth
INDEX
6
Funding Growth
INDEX

Reasons to move your startup to New York City

EARLY-STAGE FUNDING PER STARTUP
$641 k
GLOBAL AVG.
$284 k
TOTAL EARLY-STAGE FUNDING
$6,000 m
GLOBAL AVG.
$837 m
SOFTWARE ENGINEER SALARY
$106 k
GLOBAL AVG.
$58.3 k

World’s Second Largest Tech Ecosystem

With over 9,000 startups, numerous unicorns, over 100 accelerators, incubators, and co-working spaces, the city’s tech sector is booming.

Diverse and Cosmopolitan City

The city has 8.5 million residents, 47 Fortune 500 companies, and 410,000 women-owned businesses. Nearly 50% of NYC’s tech workers are foreign-born.

Startup Community

Startup Genome
Partners & Members

Accelerator Awesome
AWS
Blue Ridge Labs
Brooklyn Chamber of Commerce
Bunker Labs
Civic Hall
Coindesk/Consensus
Company (previously Grand Central Tech)
Entrepreneurs Roundtable Accelerator
Flatiron Partnership
Gary's Guide
Global Corporate Venturing
Innovative Collective
Mayor's Office of International Affairs - NYC
MeetUp
New Lab
New York Angels
New York Venture Council
NY Fashion Tech Lab
NY Tech Alliance
NYC Blend
SAP
Tech Transfer Offices
TechStars
Urban-X
VentureOut
WeWork

Featured Articles from
Local Ambassadors

Peter Crysdale
Peter Crysdale is a serial founder, seed investor, and mentor in the startup community. Currently interested in decentralization, turnarounds and diversity.
Peter Crysdale | Startup Grind East Coast Regional, Director Co-Founder Recorp,
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Are you interested in diving deeper into this ecosystem? Drop us a message. Our Ambassadors and Partners can plug you in.