In the last 3 Techstars NYC batches (not including the most recent), there were 37 companies with median funding of just over $1.6 million. 28 are still active, 6 have been acquired and 3 have failed.
Thanks. That is indeed an incredible level of transparency. I didn't see a CSV download but just scanning, it looks like it's more like a $200k median, with 1.6M average. Medians just make far more sense in letting someone outside the system know what to expect. Just like, "The average actress in Hollywood makes $250k, when in fact the median is $30k and a few make $100M).
I just pulled some numbers quickly...
In the last 3 Techstars NYC batches (not including the most recent), there were 37 companies with median funding of just over $1.6 million. 28 are still active, 6 have been acquired and 3 have failed.