In June 2025, New York City’s tech sector demonstrated robust growth, with total startup funding reaching $2.45 billion across 101 deals, reflecting a 6.4% year-over-year increase.

This surge was driven by several large late-stage funding rounds, including Cyera’s $540 million Series E and Ramp’s $200 million Series E, highlighting the city’s vibrant investment activity.

The month saw a 32.3% increase in funding compared to May 2025, indicating sustained momentum in NYC’s tech ecosystem.

Overall, early-stage funding totaled $132.2 million across 30 deals, with an average of $4.4 million, while late-stage rounds accounted for $1.64 billion across 25 deals, averaging $65.4 million.

Among notable startups, Sword Health raised $40 million, bringing its total to $366 million, supported by General Catalyst and Founders Fund.

Vivrelle secured $62 million in Series C funding, increasing its total funding to $131 million, backed by investors like Origin Ventures and Protagonist.

Tastewise raised $50 million in Series B, pushing its total funding to $71.6 million, with Disruptive AI Venture Capital as a key supporter.

Tennr, an AI healthcare startup founded in 2021, raised $101 million in Series C, bringing its total funding to $161 million from investors including Andreessen Horowitz.

Cyera, a data security platform established in 2021, led the funding with a $540 million Series E round, totaling $1.3 billion backed by Sequoia Capital and Accel.

Digital Asset, a provider of distributed ledger and smart contract infrastructure since 2014, raised $135 million in Series E, with total funding reaching $442.2 million, supported by Citi and Goldman Sachs.

Kalshi, an event outcome trading platform founded in 2018, raised $185 million in Series C, totaling $215.2 million with backing from Y Combinator and Sequoia Capital.

Ramp, a financial operations platform founded in 2019, secured $200 million in Series E funding, increasing its total to $1.3 billion, with investors including Stripe and General Catalyst.