New York seed investors stayed strong in 2016

Top seed investors in the New York startup community showed their muscle in the final quarter of 2016 and are likely to continue doing so in the coming year, says a new report from Primary Venture Partners. Among the winners in an otherwise difficult year for startups were fintech companies like Payfully and Privacy and Exeq. Overall, the number of deals in the Q4 2016 totaled 42, raising a total of $65.9 million; average round size came in at $1.6 million, up from $1.3 million a year earlier. Investing was anemic compared to the white-hot pace of 2015 — the number of deals fell 39% from a year earlier while total funding slid 25%. Read more: