Series A: A Series — September 2026
Powered by Obviously NYC, presented by Gunderson Dettmer and PwC.
After a quieter August, NYC’s Series A pipeline picked up the pace in September.
Seventeen NYC companies raised Series A rounds in September 2026, collectively reporting $405 million in Series A funding. Across all rounds to date, the cohort has raised $564.8 million, and they’re currently hiring for 50+ NYC-based jobs.
That’s more than double August’s $157.6 million Series A total, and while September still trailed last year in deal count, the average check actually grew.
In September 2025, 24 companies raised Series A rounds, with an average of $24.2 million.
This September, the average among companies with disclosed Series A amounts reached $25.3 million.
So, fewer companies raised, but the startups that did are attracting slightly larger checks.
Here’s where the capital went.
AI and enterprise software capture the biggest share
No surprise here, but AI was September’s biggest funding story.
Companies we categorized primarily as AI, enterprise software, legaltech, and automation raised $167 million, accounting for roughly 41% of the month’s disclosed Series A capital.
Conveo led the category with a $50 million round for its AI-powered market research platform, followed by Antioch with $32 million for simulation infrastructure that helps teams develop and test autonomous systems.
Chamelio raised $26 million for its AI-powered platform for in-house legal teams, while Spott brought in $21 million to rethink software for staffing and recruitment firms.
Blee added another $20 million, and Magentic raised $18 million for AI agents that identify savings across manufacturing supply chains.
What stands out is how specialized the applications have become. Founders are applying AI to legal operations, recruiting, market research, global operations, industrial supply chains, and even the simulation layer behind autonomous systems.
Fintech keeps building on NYC’s home-field advantage
Financial technology and infrastructure companies accounted for another $129 million, or roughly 32% of September’s Series A funding.
HIFI led the group with $37 million for infrastructure that moves money between stablecoins and traditional banking rails.
Highstock raised $30 million for its AI-powered marketplace for excess inventory, while Luminary brought in $22 million for AI-powered wealth transfer and estate planning technology.
Pave Finance and Aqua each raised $15 million, tackling wealth management and access to alternative assets, respectively. Velocity added $10 million for stablecoin-based payment and treasury infrastructure.
Together, they reflect the breadth of NYC fintech today, with wealth management, private markets, payments, stablecoins, and the software infrastructure sitting underneath them.
Digital health and biotech bring in $84 million
Digital health and biotech companies with disclosed rounds raised $84 million, representing roughly 21% of September’s Series A capital.
The largest was Tectora Therapeutics, which raised $55 million to develop oral medicines for immune-mediated diseases.
On the healthtech side, UrgentIQ raised $15 million for its AI-native electronic medical record and practice management platform for urgent care centers, while Norbert Health raised $14 million for contactless home health monitoring.
The common thread is technology moving closer to the actual delivery of care, whether that means new therapeutics, clinical infrastructure, continuous monitoring, or preventative insights.
Security gets more contextual
Cymphony raised $25 million, accounting for roughly 6% of September’s Series A funding.
The company brings together identity, access, behavior, data, and business context to help security teams manage insider risk, data loss, and workforce-related threats.
The bigger picture
September’s numbers point to a Series A market that looks more concentrated.
The cohort shrank from 24 companies in September 2025 to 17 this year, yet the average disclosed Series A increased from $24.2 million to $25.3 million.
And the capital was concentrated in sectors where New York already has deep talent and customer bases (AI and enterprise software, fintech, digital health and biotech, and cybersecurity).
That combination is increasingly characteristic of NYC’s startup ecosystem. Founders are pairing new AI capabilities with the industries New York already knows best, from finance and law to healthcare, commerce, and enterprise operations.
And with 50+ NYC-based jobs already open across the cohort, September’s $405 million is translating into another wave of growth here in the city.
Did we miss your Series A raise? Let us know — we want to spotlight every NYC founder turning vision into venture.
The map below features raises from June 2025 - September 2026.
The sheet below is sorted by most recent raise date.