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Venture Capital Investment Ticks Downward in New York

Reduction in Investor Activity Is Also Evident Across the US
Despite signs that the tech sector has grown more active in New York, with the Manhattan borough seen here, venture capital investment is on pace for its third annual decline in 2024. (CoStar)
Despite signs that the tech sector has grown more active in New York, with the Manhattan borough seen here, venture capital investment is on pace for its third annual decline in 2024. (CoStar)
CoStar Analytics
May 15, 2024 | 3:40 P.M.

Following two record years of activity, the venture capital market is on pace for its third consecutive annual decline, according to data released in the latest PitchBook-NVCA Venture Monitor.

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