The AlleyWatch June 2026 New York Venture Capital Funding Report

AlleyWatch said New York City venture capital surged to $4.70 billion across 81 companies in June 2026, the best month for NYC startup funding on record and more than double May's total. The report said 12 rounds of $100 million or more drove the total, led by Ramp's $750 million financing at a $44 billion valuation. NYC captured 24.4% of all US venture dollars in June, its highest share of national funding in at least a year. Late-stage capital dominated with 21 deals absorbing 80.4% of all funding at a $100 million median. Series A activity held steady at 21 deals and a $20 million median, while early-stage volume remained the ecosystem's foundation at 43% of all transactions. June delivered only four Series B financings after May produced nine rounds. Flourish emerged from stealth on June 4 with $500 million at a $2.5 billion valuation backed by Jeff Bezos, Lux Capital, GV, and Catalio Capital. General Intuition announced $320 million at a $2.3 billion valuation led by Khosla Ventures. Forty-one of June's 81 funded companies were identified as AI-focused, capturing $2.61 billion or 55.5% of all capital deployed. Fintech placed four companies in the top 10 deals including Ramp, Digital Asset, Chronograph, and Taktile. Nationally, June's $19.27 billion across 429 companies was led by Baseten's $1.5 billion Series F and AppsFlyer's $1 billion Series E. NYC funding for the first half of 2026 is above $16 billion, approaching 2025's full-year total of $19.1 billion.