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nycseed.com

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Investments

32

Portfolio Exits

12

Funds

1

About NYC Seed

NYC Seed funds seed-stage technology entrepreneurs in New York City. NYC Seed invests up to $200,000 depending on the number of founders and the needs of the company. NYCSeed is a partnership between ITAC (www.itac.org), New York City Investment Fund (www.nycif.org), The New York State Foundation for Science, Technology and Innovation (NYSTAR-ww.nystar.state.ny.us), New York City Economic Development Corporation (www.nycedc.com) and Polytechnic Institute of NYU (www.poly.edu), which allows it to provide more than just funding. NYCSeed provides guidance from notable entrepreneurs, technologists and venture capitalists, connects companies to potential initial customers and helps companies move to their next stage of development.

NYC Seed Headquarter Location

Six MetroTech Center

Brooklyn, New York, 11201,

United States

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Latest NYC Seed News

Q4 2020 NYC Seed Funding Reflects Record-Breaking Average Round Size

Feb 3, 2021

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Plan The Operation Of Your Startup Equip your workplace with all the essential gears. Prepare a full-fledged budget plan and try sticking to it in the preliminary phase. Cut on the extra expenses. At this point, you will need to decide the structure of your workspace- whether it is going to be a virtual working space or a distributed one. Discuss with your team about the delivery and payment modes. Make a team to monitor your business’s presence on social media platforms. Try testing your model on a smaller scale before going all-in. Embrace Innovation Do not limit your idea. Always think about the “next big thing” that can revolutionize the industry. Many startups have drowned in the flight stage and made a commendable comeback with pivoting. There will be times when you have to consider other options and stop everything, to come up with a different approach. Do not hesitate. 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Using a professional tool like Movavi screen recorder and picture editor could be helpful. Get to know more about this software here . Choose The Right People When it comes to hiring, choose the people who share the same vision. Start the endeavor with like-minded people. A positive environment is necessary for the growth of your startup. Consider including strategic partners and mentors in your team. It is advised to start a business with people you already know. They could be your friends, family members or even mates from college. These individuals will understand your aims and aspirations and will increase the comfort quotient. Moreover, in times of crisis, they will have your back. Networking Talk to the people in the market. Attend all the conferences and seminars related to startups and newcomers. Traditional ways of networking, i.e., word-of-mouth, are much stronger than you can imagine. Meeting like-minded people will also help you in making business allies. To gain advantages from networking, firstly, you will need to register on all online platforms capable of putting your startups’ existence out there. Keep a record of the people you meet. Who knows when you might need them, and who turns out to be a potential client or investor in the future! Tip For Starting A Business Now that you have a business model in your mind and the investors in reach don’t waste your time and kick start your business. Keep track of expenses and income, get registered, and be flexible. Always be ready to take risks but try not to get entirely broke. Starting off the business could be a little rough on your wallet but have a positive attitude. A sound workplace will boost the potential of all the people who are working with you. Implement effective communication means within the workplace and with your customers as well. Consider the value of your service rather than the cheques you are obtaining in the introductory phase. Digital Marketing Think of buying an electronic appliance. What is the first thing you will do to acquire the item’s details and comparative analysis? Yes, we all refer to the internet before hitting the physical market. This practice is one of the main reasons why you need to be active on digital marketing platforms. Make a professional-looking, decent website for your business and keep updating it. Provide information about the discounts and offers to attract as many customers. Do not forget to answer the emails of the customers and encourage them to give feedback. Conclusion Failures cannot define the potential of your startup in the upcoming years. Learn from the mistakes and keep striving for betterment. The market is full of enthusiastic entrepreneurs, and to survive the cut-throat competition, you have to be quite thick-skinned. Do not let the small downfalls demoralize you or the people around you. If your startup can bring value to the people, sooner or later, it will flourish and be successful. All you have to do is, follow these startup tips and the guidelines of veteran entrepreneurs and research the field well before entering it. Related Items:

NYC Seed Investments

32 Investments

NYC Seed has made 32 investments. Their latest investment was in CourseHorse as part of their Series B on January 1, 2016.

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NYC Seed Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

1/13/2016

Series B

CourseHorse

$4M

No

6

2/26/2015

Seed VC

Overlap

Yes

1

5/8/2014

Series A

FieldLens

$8M

No

3

2/27/2014

Seed VC - II

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$99M

Subscribe to see more

10

2/4/2014

Series B

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$99M

Subscribe to see more

10

Date

1/13/2016

2/26/2015

5/8/2014

2/27/2014

2/4/2014

Round

Series B

Seed VC

Series A

Seed VC - II

Series B

Company

CourseHorse

Overlap

FieldLens

Subscribe to see more

Subscribe to see more

Amount

$4M

$8M

$99M

$99M

New?

No

Yes

No

Subscribe to see more

Subscribe to see more

Co-Investors

Sources

6

1

3

10

10

NYC Seed Portfolio Exits

12 Portfolio Exits

NYC Seed has 12 portfolio exits. Their latest portfolio exit was Datadog on September 19, 2019.

Date

Exit

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Acquirer

Sources

9/19/2019

IPO

$99M

Public

11

9/10/2018

Acquired

$99M

1

10/27/2017

Acquired

$99M

1

6/7/2017

Acquired

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$99M

Subscribe to see more

10

10/7/2015

Acquired

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$99M

Subscribe to see more

10

Date

9/19/2019

9/10/2018

10/27/2017

6/7/2017

10/7/2015

Exit

IPO

Acquired

Acquired

Acquired

Acquired

Companies

Subscribe to see more

Subscribe to see more

Valuation

$99M

$99M

$99M

$99M

$99M

Acquirer

Public

Subscribe to see more

Subscribe to see more

Sources

11

1

1

10

10

NYC Seed Fund History

1 Fund History

NYC Seed has 1 fund, including NYC Seed Fund.

Closing Date

Fund

Fund Type

Status

Amount

Sources

6/4/2008

NYC Seed Fund

Early-Stage Venture Capital

Closed

$2M

1

Closing Date

6/4/2008

Fund

NYC Seed Fund

Fund Type

Early-Stage Venture Capital

Status

Closed

Amount

$2M

Sources

1

NYC Seed Team

3 Team Members

NYC Seed has 3 team members, including current Managing Director, Owen Davis.

Name

Work History

Title

Status

Owen Davis

Managing Director

Current

Owen Davis

Sonata Software, and Thinking Media

Managing Director

Current

Jalak K. Jobanputra

Senior Vice President

Former

Name

Owen Davis

Owen Davis

Jalak K. Jobanputra

Work History

Sonata Software, and Thinking Media

Title

Managing Director

Managing Director

Senior Vice President

Status

Current

Current

Former

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