AlleyWatch

The AlleyWatch February 2026 New York Venture Capital Funding Report

New York City’s venture capital market posted a record February 2026, raising $2.53 billion across 76 deals—a 180.9% year‑over‑year increase and 50.6% month‑over‑month jump. The surge was driven by a handful of late‑stage mega‑rounds, which lifted the average deal size to $33.3 million despite a 32.7% decline in deal count. AI‑focused companies comprised over half of the transactions, while fintech and healthcare secured the largest individual rounds. The activity unfolded against a national backdrop of historic fundraises by Anthropic and Waymo, underscoring 2026 as a pivotal year for venture capital.