United States

New York City

#2

Global Startup Ecosystem

#2

North America ECOSYSTEM
Members: New York City Economic Development Corporation / Tech:NYC

#2

Global Ecosystem in Funding Momentum

#2

Global Ecosystem in Performance

#3

Global Ecosystem in AI-Native Cluster
New York continues to be a place where companies build and scale transformative technologies, especially in AI, life sciences, and climate innovation. With a deep talent pool and collaboration across industries, the city’s tech ecosystem is driving new investment, new companies, and new opportunities for economic growth.
Julie Samuels
Julie Samuels
President & CEO of Tech:NYC

Highlights

New York City stands at a pivotal moment in its tech evolution, as leaders chart an AI-driven future across every major sector. New York City is where commercialization reaches full velocity — a market where companies plug in directly to test, deploy, and expand at scale.

Artificial Intelligence is a defining force in the city’s next chapter, coinciding with Tech:NYC’s 10-year milestone and a renewed global push inviting founders to build and scale in New York.  New York State’s January 2026 technology policy agenda includes support for AI transparency and the creation of the Office of Digital Innovation, Governance, Integrity, and Trust, and submits supporting testimony to the State Senate’s AI hearing, underscoring the sector’s active role in shaping digital governance.

Ecosystem momentum is reinforced by platform-level initiatives and capital formation. NYCEDC expanded its Founder Fellowship program to support additional cohorts of underrepresented founders, strengthening pathways into venture financing. Its 2025 Startup + Venture Capital Internship Programs placed 110+ students across 80 startups and VC firms citywide, strengthening the robust university talent pipeline. 

The ecosystem’s institutional backbone continues to expand. NYCEDC’s International Landing Pad supports growth-stage companies entering the U.S. market, and AI Nexus accelerates AI commercialization by connecting startups, researchers, industry leaders, and investors across the ecosystem. Columbia University is leading Gotham Foundry, a new materials innovation hub designed to accelerate advanced materials research and translate scientific breakthroughs into commercial applications in partnership with industry and government stakeholders. 

A thriving ecosystem comes together at major new events amplifying deal flow and cross-sector collaboration: NYC AI Demos, the largest monthly AI event on the East Coast; the inaugural Deep Tech New York conference; and NY Tech Week, with 1,000+ sessions and a strong AI and Robotics focus. Private capital activity remains robust, illustrated by Brooklyn-based creative AI platform FLORA’s $42 million Series A round in January. VC funding in NYC was up in 2025, with NYC firms raising $31.1B in venture capital, up $6.2B over 2024.

Ecosystem by the Numbers

ECOSYSTEM VALUE

A measure of economic impact, calculated as the value of exits and startup valuations from H2 2023–2025. Ecosystem Value includes all active unicorns.
(H2 2023 - 2025)
$713 BN
GLOBAL AVG. $25 BN
REGIONAL AVG. $57 BN

ECOSYSTEM VALUE GROWTH

Growth is calculated based on the Ecosystem Value from H2 2018–2020 vs. H2 2023–2025.
(H2 2018 - 2020 VS. H2 2023 - 2025)
182%
GLOBAL GROWTH 149%
REGIONAL GROWTH 195%

AI-Native Ecosystem Value

A measure of economic impact, calculated as the value of exits and startup valuations from H2 2023–2025 for AI-Native. Ecosystem Value includes all active unicorns.
(H2 2023 - 2025)
$96 BN
GLOBAL AVG. $4.4 BN
REGIONAL AVG. $12 BN

AI-Native Ecosystem Value Growth

Growth is calculated based on the AI-Native Ecosystem Value from H2 2021–2023 vs. H2 2023–2025.
(H2 2021 - 23 VS. H2 2023 - 25)
200%
GLOBAL GROWTH 161%
REGIONAL GROWTH 222%

EARLY-STAGE FUNDING GROWTH

Early-Stage Funding Growth is based on number of Seed and Series A rounds raised between 2022-2023 vs. 2024-2025 and calculated on a scale of 1 (lowest) to 10 (highest).
(2022-23 vs. 2024-25)
7
Scale of 1 (lowest) to 10 (highest)

AI-Native Early Stage Funding Growth

AI-Native Early-Stage Funding (ESF) Count Growth Tier evaluates the growth in the number of Early-Stage Funding rounds between 2022–23 and 2024–25. Ecosystems are scored on a scale from 1 to 10, where 1 represents the lowest growth and 10 represents the highest.
(2022-23 vs. 2024-25)
7
Scale of 1 (lowest) to 10 (highest)

TOTAL VC FUNDING

The Total VC funding (Seed, Series A, Series B+) in tech startups in 2021–2025.
(2021 - 2025)
$163 BN
GLOBAL AVG. $5 BN
REGIONAL AVG. $10 BN

TOTAL EARLY–STAGE FUNDING

The total Seed and Series A funding in tech startups in H2 2023–2025.
(H2 2023 - 2025)
$20 BN
GLOBAL AVG. $554 M
REGIONAL AVG. $1 BN

EXIT AMOUNT

The total value of exits from the ecosystem.
(2021 - 2025)
$181 BN
GLOBAL AVG. $7.6 BN
REGIONAL AVG. $13.4 BN

EXIT COUNT (#)

The number of exits from the ecosystem.
(2021 - 2025)
1834
452
2021
348
2022
326
2023
311
2024
397
2025
GLOBAL AVG. 103
REGIONAL AVG. 155

TIME TO EXIT

The average age at the time of exit in the ecosystem in 2021–2025.
(2021 - 2025)
9.4 YEARS
GLOBAL AVG. 11.1 years
REGIONAL AVG. 11.9 YEARS

NUMBER OF UNICORNS 

The number of startups that meet our definition and have been valued at more than $1 billion and have not exited.
(ACTIVE UNICORNS)
150
GLOBAL AVG. 11
REGIONAL AVG. 18

MEDIAN SEED ROUND

The median of seed rounds in tech startups in the ecosystem in H2 2023–2025.
(H2 2023 - 2025)
$2 M
GLOBAL AVG. $1 M
REGIONAL AVG. $1.1 M

Median Series A Round

The median of Series A rounds in tech startups in the ecosystem in H2 2023–2025.
(H2 2023 – 2025)
$11 M
GLOBAL AVG. $6.2 M
REGIONAL AVG. $7.6 M

Top Funded Startups

Top startups identified based on funding amount from July 2023 to December 2025.
(H2 2023-2025)
1: Articulate
2: Reflection AI
3: CoreWeave
4: Metropolis
5: Wiz

SOFT. ENGINEER SALARY

Average software engineer salary informed by data from Glassdoor, Salary.com, and PayScale, as well as local sources when available.
(2025)
$153 K
GLOBAL AVG. $54 K
REGIONAL AVG. $101 K

Sub-Sector Strengths

AI and Applied AI
AI and Applied AI

New York City’s AI and Applied AI ecosystem is accelerating as companies expand locally to access enterprise customers, talent, and capital. In 2025, several leading AI firms including Palantir and OpenAI announced major NYC office leases and hiring plans, reflecting demand from industries such as finance, media, healthcare, and retail. Anthropic will expand its New York City footprint up to 22x as part of a $50 billion investment plan to build out its AI infrastructure. In 2025, Governor Hochul expanded Empire AI, adding three new members and another $165 million investment to increase supercomputing capacity.

Life Sciences
Life Sciences

Anchored by the world's largest concentration of academic and biomedical research institutions, Life Sciences growth in New York City is driven by a thriving and coordinated ecosystem, sustained investment in novel innovation, and a focus on patient and community impact. In September 2025, the City released a report outlining its vision for the sustainable bioeconomy in tandem with the launch of a new sustainable materials hub, Gotham Foundry. The same month, NewYorkBIOConnect.com launched as a centralized resource platform for biotech firms in New York.

Climatetech
Climatetech

City-backed initiatives are instrumental in fostering the Climatetech ecosystem in New York City. For example, the City has invested over $100 million to establish BATWorks, which offers the space, infrastructure, and ecosystem that Climatetech companies need to scale — bringing climate innovations from prototype to market-ready solutions. Additionally, the Harbor Climate Collaborative, an initiative between three mission-aligned public entities, is collectively investing over $725 million to boost the green economy and accelerate climate innovation via piloting, regulatory coordination, tenanting, workforce development, and knowledge-sharing. 

Selected Startup Organizations

Startup Genome Members

MEMBER

New York City Economic Development Corporation (NYCEDC) is a mission-driven nonprofit organization dedicated to building a vibrant, inclusive, and globally-competitive economy for all New Yorkers. Working in partnership with city government, industry leaders, and community stakeholders, NYCEDC advances economic opportunity across the five boroughs. Its comprehensive approach centers on four core strategies: strengthening confidence in New York City as a premier place to do business; growing innovative sectors with a focus on equity and access; building dynamic neighborhoods where people can live, learn, work, and play; and delivering sustainable infrastructure that supports communities and the city’s future economy.

MEMBER

Tech:NYC is an engaged network of technology leaders committed to fostering a dynamic, diverse, and creative innovation economy across New York City. Representing startups, scaleups, and established technology companies, the organization convenes founders, investors, and policymakers to strengthen the city’s tech ecosystem. Tech:NYC works to attract and retain top-tier talent, advance inclusive growth, and shape policies that support responsible innovation. Through research, public advocacy, and community-building initiatives, it elevates New York’s global tech brand and champions the companies and entrepreneurs building, scaling, and creating long-term impact across the five boroughs.

Work with us

If you are interested in working with us to drive global attention to your ecosystem, please get in touch with Marina Krizman, Director of Business Development.

This site uses cookies from Google to deliver its services and to analyze traffic. Your IP address and user-agent are shared with Google along with performance and security metrics to ensure quality of service, generate usage statistics, and to detect and address abuse.