New York closed $28.4B in venture deals in 2025, with advertising and marketing technology capturing $3.1B across 180+ rounds. The city remains the global advertising capital, giving ad tech founders direct access to agencies, brands, and media companies. You'll find more ad tech expertise concentrated in Manhattan than anywhere else. But NYC investors expect revenue traction earlier than SF - most won't touch pre-revenue ad tech regardless of your team pedigree.
Lerer Hippeau: Led Flexport's $8M Series A after their ad attribution platform hit $2M ARR with DTC brands
RRE Ventures: Backed Attentive's Series B at $230M valuation when they were doing $15M ARR in SMS marketing
Primary Venture Partners: Invested $4M in Daypart's seed round targeting podcast advertising automation
Greycroft: Led Tinuiti's growth round after they acquired three performance marketing agencies
632VC (SoHo): Backed AdQuick's Series A for out-of-home advertising technology
FJ Labs: Invested in Pacvue's Series B for Amazon advertising optimization tools
FirstMark Capital: Early backer of Pinterest and Shopify, active in creator economy ad tech
Two Sigma Ventures: Funded Measured's Series B for incrementality testing in digital advertising
Notation Capital: Seed investor in ConvertKit before their creator monetization pivot
M13: Backed GRIN's influencer marketing platform at $110M valuation
Bowery Capital: Series A investor in Kevel for API-first ad serving infrastructure
SenaHill Partners: Growth equity in Flywheel Digital for Amazon advertising management
Left Lane Capital: Led Series B in Moloco for mobile advertising technology
Bertelsmann Digital Media Investments: Strategic investor in Madrid's ad verification startup DoubleVerify
Work-Bench: Enterprise seed fund that backed Celtra for creative automation
CircleUp: Growth equity focused on consumer brands using proprietary ad tech
Moderne Ventures: Proptech and ad tech crossover investor in rental listing platforms
Tribeca Venture Partners: Early-stage fund backing real estate advertising technology
NYC has 60+ active funds investing in advertising technology. Average seed round is $3.5M, Series A is $12M. Those numbers are 20-30% higher than other markets because New York investors understand ad tech unit economics better than anyone.
The advantage is immediate customer access. You can pitch Omnicom, WPP, Dentsu, and IPG portfolio agencies all in one week of Midtown meetings. Most NYC ad tech companies sign their first enterprise customer before raising Series A. Investors expect this.
The downside is higher burn rates and more competition for attention. You're fundraising in the same city as every major agency holding company's venture arm. NYC investors have seen every ad tech pitch angle. Growth-at-all-costs doesn't work here - they want positive unit economics by Series B.
Local presence matters more in NYC ad tech than other verticals. Investors with Madison Avenue relationships can intro you to GroupM or Publicis decision-makers within days. Funds based in Bryant Park or Flatiron understand the agency sales cycle. West Coast funds often underestimate how long enterprise ad tech sales take in New York.
Portfolio companies tell you everything. Check if they've backed other martech or ad tech companies in your subcategory. RRE's track record with Beeswax and DoubleVerify means they understand programmatic. Lerer Hippeau's DTC portfolio means they get direct-to-consumer attribution challenges. Don't pitch a DSP to a fund that only backs creative tools.
Check sizes in NYC ad tech range from $500K pre-seed to $25M Series B. Seed rounds typically land between $2-5M. Series A is $8-15M. Growth rounds hit $20-40M. New York investors write bigger checks than Austin or Miami but smaller than SF for comparable stages. Most funds here expect you to raise your Series B locally too, unlike secondary markets where you need to go coastal.
Local network means agency holding company relationships and media company connections. Ask if they can intro you to Horizon Media, Stagwell, or independent agencies. The best NYC ad tech investors have relationships with Times, Condé Nast, and Vox Media for supply-side deals.
Share your deck through Ellty with trackable links so you can see which investors actually read your go-to-market slides. NYC investors skip the vision, they want to see your agency pilot results and renewal rates.
Follow-on capacity is strong in New York for ad tech. Unlike Austin or Denver, you can raise seed through Series C without leaving the city. FirstMark, Greycroft, and RRE all have $100M+ growth funds. But if you're building deep infrastructure (ad exchanges, identity solutions), expect to bring in SF funds by Series B anyway.
Research local deals by checking Axios Pro Rata New York edition and Business Insider's ad tech coverage. AlleyWatch publishes every NYC funding round within 48 hours. Most ad tech deals in New York get announced, unlike SF where companies stay quiet longer. Follow Dan Primack's newsletter for larger rounds.
Leverage local ecosystem by joining Advertising Week New York, IAB events, and 4A's conferences. The AdTech Symposium at Columbia brings together investors and operators quarterly. NYC Ad Tech Meetup has 8,000+ members and monthly events in Union Square. That's where you'll meet analysts from RRE and Greycroft before they're fundraising mode.
Build relationships first by spending time in Flatiron offices. New York investors expect 3-5 meetings before term sheets. That's faster than Boston but slower than SF. Most want to meet your team, see a customer pilot, and talk to a reference customer. Don't cold email on Monday expecting a Friday term sheet.
Share your pitch deck through Ellty with unique tracking links for each investor. You'll see exactly who views your customer acquisition cost slides and gross margin analysis. NYC ad tech investors spend 40% more time on financials than product vision compared to West Coast firms. Monitor which pages get attention and adjust your follow-up accordingly.
Attend local events like Advertising Week New York in October, IAB Annual Leadership Meeting, and AdMonsters Ops conferences. ANA Masters of Marketing brings every major brand to New York. Digiday Publishing Summit is where commerce media deals happen. Skip the small networking events, focus on conferences where LPs and GPs actually attend.
Connect with portfolio founders at companies like LiveIntent, Kevel, and Mediaocean. They'll tell you which funds respond within a week versus which ghost for months. NYC ad tech founders are surprisingly open about their investor experiences. Use LinkedIn to find founders who raised in the last 18 months. Following GDPR principles helps ensure documents are shared responsibly across teams.
Organize due diligence with an Ellty data room before you start taking meetings. NYC investors will ask for your media plan, CAC payback analysis, and customer contracts by the second meeting. Have everything ready in one secure place with view analytics so you know what they're actually reviewing.
Understand local pace - New York moves fast once investors decide. Average time from first meeting to term sheet is 6-8 weeks for seed, 10-14 weeks for Series A. That's 30% faster than Boston, 20% slower than SF. But diligence is thorough. Expect reference calls with customers, former colleagues, and competitors.
NYC investors expect revenue before Series A. Pre-revenue ad tech raises in New York are rare outside of founder pedigree situations. Most successful seed rounds have $500K-1M ARR from pilot customers. Series A companies typically show $3-5M ARR with 100%+ net retention.
Agency sales cycles matter. If you're selling to holding companies, budget for 9-12 month sales cycles. New York investors know this and won't panic at slow Q1-Q2 pipeline. But they will panic if you burn $300K/month with no signed LOIs. Competition is intense - you're fundraising against 40+ other ad tech companies at any moment. Differentiation needs to be crystal clear.
One of NYC's most active early-stage funds with deep DTC and media connections.
Enterprise-focused fund that understands programmatic advertising and ad infrastructure better than most.
Consumer-focused fund that backs creator economy and performance marketing tools.
Bicoastal fund with strong New York presence and media company relationships.
Operator-led fund focused on B2B SaaS and marketing infrastructure.
Marketplace-focused fund that backs commerce enablement and advertising tools.
Growth-stage fund with portfolio including Pinterest, Shopify, and Airbnb.
Quant fund's venture arm focused on data-driven advertising and analytics.
Seed-focused fund backing creator tools and content monetization.
LA-based fund with strong New York office backing consumer brands and martech.
Enterprise SaaS specialist with several ad tech infrastructure investments.
Growth equity fund focused on e-commerce and digital marketing services.
Consumer-focused growth fund that backs mobile and performance marketing tech.
Strategic venture arm with global reach and strong ad verification portfolio.
Enterprise-focused seed fund that backs marketing and creative automation tools.
Data-driven investor in consumer brands with proprietary ad tech for CPG.
Proptech specialist that crosses into real estate advertising and listing platforms.
Early-stage fund with real estate and media crossover investments.
These 18 investors closed NYC advertising technology deals in 2025-2026. Before you start reaching out to Manhattan-based funds, set up proper tracking. You need to know which investors actually read your deck versus which ones ghost after the intro email.
Upload your deck to Ellty and create a unique link for each New York investor. You'll see exactly which slides they view and how long they spend on your unit economics and customer acquisition strategy. NYC ad tech investors typically skip market size slides but spend 3-4 minutes on your gross margin analysis and payback period calculations. Monitor the analytics so you know who to follow up with aggressively.
When New York investors ask for financial models, customer contracts, or media plans, share an Ellty data room instead of messy email threads. Your CAC breakdown, agency pilot results, and renewal data in one secure place with view tracking. Most NYC funds will request this by the second meeting anyway.
Do I need to be based in New York to raise from NYC ad tech investors?
No, but it helps significantly. Most NYC ad tech investors prefer companies with New York presence because of agency and media company proximity. Remote companies can raise here but expect more questions about why you're not local given the ecosystem advantages.
How does New York compare to San Francisco for ad tech fundraising?
NYC has more advertising domain expertise and faster access to enterprise customers. SF has larger check sizes and more tolerance for pre-revenue raises. New York investors want to see revenue traction 6-12 months earlier than SF. But NYC has stronger Series A-C capital for proven ad tech companies.
What's the average Series A round size for NYC ad tech companies?
$10-15M at $40-60M post-money valuations. That's 15-20% higher than secondary markets but 20-30% lower than SF for comparable traction. NYC investors write bigger checks than most cities but expect stronger unit economics in return.
Should I raise locally or go straight to SF/NYC?
If you're building ad tech, raise in New York. The ecosystem expertise and customer access justify the higher valuations and burn rates. SF makes sense for consumer social or deep infrastructure plays. Don't raise in secondary markets for ad tech unless you have no other options.
Do New York ad tech investors expect in-person meetings?
Yes, especially for first and second meetings. Zoom is acceptable for initial conversations but most NYC funds want to meet teams in person before term sheets. Budget for 2-3 trips to New York during your fundraise if you're remote.
What ad tech subcategories get funded most in NYC?
Creator economy tools, performance marketing platforms, and retail media networks saw the most activity in 2025. CTV advertising and attention measurement are hot in 2026. Avoid pure programmatic plays unless you have unique supply or demand-side advantages.
How long does it take to close a Series A in New York?
10-14 weeks from first meeting to closed round. That includes 2-3 partner meetings, customer reference calls, and 3-4 weeks of legal documentation. NYC moves faster than Boston but slower than SF. Factor in holiday slowdowns around Thanksgiving and year-end.