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Measuring the Growth of Our Regional Ecosystem

UVC is developing and reporting on the success of Upstate New York’s venture economy. Key metrics shown below will be updated on a regular basis.

UNY Ecosystem –
In June 2016, UVC launched a refreshed UNY Ecosystem Map to provide connections and visibility for startups, investors, colleges & universities and economic development agencies. Don’t see your organization on the map? Add it here.

Upstate Financing –
UVANY 2016 1st Quarter Deal Roundup included 57 transactions. Through UVC’s partnership with the Upstate Venture Association of New York (UVANY) and their affiliation with Pitchbook Data, here are the latest venture deals shaping UNY’s ecosystem, including a range of angel, seed, venture capital, private equity and M&A activity.

Key roundup highlights include:

  • Landmark Health, based in the Capital Region, raised over $30 million in venue capital in March

  • In Rochester, Omni-ID raised $21 million from Stonehedge Equity Partners, Trillium and GE Ventures

  • Daymond John invested in Bombas, an apparel business based in Hudson Valley

  • M&A activity including Clarkson University’s acquisition of Union Graduate College and Bond, Schoeneck & King’s acquisition of Jaeckle, Fleishmann & Mugel

  • LBO activity included Niagara Thermal (Niagara Falls) and Innovative Restaurant Supply, that was acquired by BHS Foodservice Solutions via its financial sponsor, Lorraine Capital

  • Other venture capital and angel deals include Cheribundi (Cayuga Venture Fund, Emil Capital and others), Sensor Films (Buffalo Capital Partners and Excell Partners), and ClearView Social (Rand Capital, Rochester Angel Network, and Z80 Labs Technology Incubator)

The infographics featured on this page include a recap of the deals from from each quarter dating back to 2013, as well as a more detailed breakdown of the 2016 Q1 deals by the number of transactions per region, deal type, deal class and the number of transactions by industry. Full reports are available to UVANY members.

UVANY 2016 Q1 Deal Update Graphic
UVANY q1 2016 Deals
UVANY q1 2016 Deals by industry
UVANY q1 2016 Transactions by Industry
UVANY 2016 Q1 Number of Transactions

As of 2Q 2015, the data provided for the UVANY Upstate Quarterly Deal Roundup is provided by Pitchbook Data, Inc. Detailed deal data for Upstate NY is available to UVANY members. The Upstate NY region for the data set includes all of Upstate NY, starting in the Hudson Valley (including Westchester County). The data includes angel, venture capital, venture debt, private equity, M&A , grants and other deal activity as reported by Pitchbook Data, Inc. Some deals did not report dollar amounts. Therefore, the dollars amount does not reflect all list deals. Go to www.UVANY.org for details on membership.