Many team members at Unicorn Nest are Ukrainians affected by Russian aggression. We do our best to solve any issues and answer your questions in the shortest possible time frames but some delays are possible.

New York City Economic Development Corporation – NYCEDC

Overview

Investments

Unlock datapoints

Portfolio analytics

Team

News & Media

Add fund to favorites
info
Save this fund for later to form your own custom list of funds
This summary is composed by our algorithm based on the analysis of the deals. If you think that some of this information is not accurate, please let us know about it and provide any supporting evidences if possible. Such cases will be analyzed by our ML-algorithm and implemented in our database, which will improve this summary.

Need help with fundraising?

We offer an assisted fundraising option for startups

Learn more
Total investments 7
Average round size
info
The average size of a deal this fund participated in
$7M
Portfolio companies 7
Rounds per year 0.22
Lead investments 2
Exits 2
Key employees 5
Stages of investment
Seed

Areas of investment

  • Biotechnology
  • Mobile
  • Software
  • Location Based Services
  • Art
Summary

In 1991 was created New York City Economic Development Corporation - NYCEDC, which is appeared as Corporate Investor. The fund was located in North America if to be more exact in United States. The leading representative office of defined Corporate Investor is situated in the New York.

The usual cause for the fund is to invest in rounds with 1-2 partakers. Despite the New York City Economic Development Corporation - NYCEDC, startups are often financed by Yonghua Capital, Versant Ventures, Taiho Pharmaceutical Co. The meaningful sponsors for the fund in investment in the same round are FirstMark, IA Ventures. In the next rounds fund is usually obtained by Maveron, FirstMark, Alexis Ohanian.

Considering the real fund results, this Corporate Investor is 5 percentage points more often commits exit comparing to other organizations. The higher amount of exits for fund were in 2018. Comparing to the other companies, this New York City Economic Development Corporation - NYCEDC performs on 21 percentage points more the average number of lead investments. Deals in the range of 100 thousands - 1 million dollars are the general things for fund. The top activity for fund was in 2010. The fund is constantly included in less than 2 deals per year.

Among the most popular fund investment industries, there are Therapeutics, UX Design. The fund has specific favorite in a number of founders of portfolio startups. Besides, a startup requires to be at the age of 1 and less years to receive the investment from the fund. Among the various public portfolio startups of the fund, we may underline Quentis Therapeutics, MyCityWay, General Assembly For fund there is a match between the country of its foundation and the country of its the most frequent investments - United States.

The overall number of key employees were 5.

Read more

Related Funds

Funds investing in previous rounds
These funds often invest in the rounds preceeding the rounds of New York City Economic Development Corporation – NYCEDC:
Typical Co-investors
New York City Economic Development Corporation – NYCEDC is more likely to invest in rounds together with the following funds:
Funds investing in following rounds
These funds have a tendency to invest in the following rounds after New York City Economic Development Corporation – NYCEDC:

Funds with similar focus

Funds from United States
Funds with similar focus located in United States:
Funds with the same geo focus
Funds with similar geography of portfolio companies:
Funds doing lead investments
Funds with similar focus acting as lead investors:

Look at other 50 related and similar funds Collapse list
Fund NameLocation
Alpha-1 Foundation Coral Gables, Florida, United States
ASAP Ventures District of Columbia, United States, Washington
Deagu Technopark -
Efficacy Capital California, San Diego, United States
Emigrant Bank New York, New York, United States
Financiere De l'Echiquier France, Ile-de-France, Paris
Jiu Yu Capital -
MaSa Partners Chevy Chase, Maryland, United States
Mercury Digital Assets Chicago, Illinois, United States
Oxx England, London, United Kingdom
Riot Games California, Los Angeles, United States
Skylight Consulting Japan, Tokyo
TAG Finance -
ToJoy Beijing, Beijing, China
Twin Apex Capital -
Venture Accelerator Nelson, Nelson, New Zealand
VNT Management Finland, Vaasa, Western Finland
York Angels Investors Canada, Ontario, Toronto
Yuyi Touzi China, Jiangxi, Jiujiang

Notable deals

CompanyIndustryRound SizeDateInvestorsLocation

Zipments

E-Commerce
Enterprise Software
Logistics
Mobile
Retail
Same Day Delivery
26 Sep 2012 New York, New York, United States

MyCityWay

Location Based Services
Mobile
Software
$1M25 May 2010 New York, New York, United States

Review

  • No reviews are submitted yet.
Do you want more?
We provide dozens of additional datapoints about this fund.
Sign up and get access to full fund profile and advanced analysis.
Full team
Industries heatmap
Stages heatmap
Georgaphy breakdown
Coinvestors
Portfolio analysis
Performance indexes
Latest highlights
Unlock all data
Do you represent New York City Economic Development Corporation – NYCEDC?
Get access to manage this page
Get in touch
Found incorrect info? Let us know!
Total investments 7
Average round size 7M
Rounds per year 0.22
Peak activity year 2010
Lead investments 2
Exits 2
Group Appearance index 0.43

Latest deals

CompanyIndustryRound SizeDateInvestorsLocation

Zipments

E-Commerce
Enterprise Software
Logistics
Mobile
Retail
Same Day Delivery
26 Sep 2012 New York, New York, United States

MyCityWay

Location Based Services
Mobile
Software
$1M25 May 2010 New York, New York, United States
Crunchbase icon

Content report

The following text will be sent to our editors: