100 Reasons We're All In On
Tech in New York:

1.

369,000 tech workers now call NYC home. That's a whopping 7% of the entire NYC workforce. More →

2.

And they generated 440,000 additional multiplier jobs, creating $291 billion, or 28%, of NYC's total economic output. More →

3.

Those numbers represent some of the most recent insights on Tech:NYC's Innovation Indicators dashboard, an ongoing initiative we launched this summer with Mayor Eric Adams and support from Amazon. More →

4.

In fact, the number of tech jobs saw steady growth over the last five years — by more than 30% — despite overall decline in private sector employment. More →

5.

... especially in Brooklyn, which saw the highest tech job growth numbers (up 42%) of all boroughs in the last decade. More →

6.

Salaries at NYC startups rose in 2022 — and not just in enginnering. Research, marketing, and operations logged notable boosts. More →

7.

Six in 10 New Yorkers think NYC should attract more tech companies — and the jobs they create. More →

8.

NYC employs more Black and Hispanic tech workers than the other two leading US tech hubs, San Francisco and Boston, combined. More →

9.

That's thanks to organizations like Pursuit, which is scaling a jobs training model that costs job seekers nothing unless they get a guaranteed job earning more than $50,000. More →

10.

Across the rest of the state, up to $100 billion in new investments will create 50,000 new jobs at a new Micron chips hub and its surrounding community. More →

11.

Index Ventures, a global VC firm that opens an office about once a decade, chose NYC this year. More →

12.

... and so did Sequoia, which made New York the home of its first US hub outside Silicon Valley. More →‍

13.

...as did a16z, Lightspeed Venture Partners, Contrary Capital, and GGV Capital, to name just a few West Coast mainstays who are upping their East Coast presence from NY‍

14.

VC is making a permanent home here — literally. Leading VC firm AlleyCorp bought an entire Nolita building to make space for the next generation of New York startups. More →

15.

Primary was one of the earliest to bet on New York tech, and now a decade since its founding, it was clearly a good one: it's already logging an 11x return on its first fund. More →

16.

Another New York VC anchor, FirstMark Capital, announced more than $1 billion across two new funds that reflect the ecosystem's maturity — one for startups in their earliest stages, one for breakout companies in their growth phase. More →

17.

But there's always room for new players: Ansa Capital and Collide Capital, two BIPOC-founded firms in New York, announced their debut funds. More →

18.

Union Square Ventures doubled down on climate tech with $200 million Fund II focused on early investments (plus, it opened its own new HQ with dedicated space for community events). More →

19.

All in all, investors deployed $52 billion in New York dealflow, in another banner year for funding to early-stage startups.

20.

And New York VCs take their style very seriously. More →

21.

The tech workforce of the future will include New Yorkers from all communities, includings those from non-traditional backgrounds and education levels. Our Tech Year NYC program launched to bridge the gap for people interested in new career pathways. More →

‍22.

The inaugural NYC Recovery Challenge that Tech:NYC created with Google for Startups and Cornell Tech awarded $150,000 and kicked off an eight-week program for early-stage founders with ideas for accelerating NYC's economic recovery. More →

23.

Guava, the challenge's overall winner, launched this year to expand digital banking services for Black small business owners. More →

24.

Not to waste any time, Tech:NYC again partnered with Google for Startups to welcome a dozen NYC entrepreneurs as the newest recipients of grants from the Black Founders Fund. More →

25.

And it's been so successful we partnered once again to extend the program idea to support the inaugural Latino Founders Fund. More →

26.

Large incumbent institutions are also all in on diverse-led investments: the Citi Impact Fund expanded to $500 million to support startups driving social impact. More →

27.

The first cohort of Company Ventures' City Fellowship put resources behind 14 BIPOC-led startups that are building in New York, for New York. More →

28.

BlocPower is ensuring decarbonization isn't just as aspiration of richer communities, but a commitment to low-income neighborhoods that stand to benefit from climate tech most. More →

29.

A new Bitcoin Academy, launched by Jay-Z at the Marcy Houses in Bed-Stuy where he grew up, is bringing financial inclusion to residents there. More →

30.

The New York City Economic Development Corporation grew its Founder Fellowship program for diverse tech entrepreneurs from a pilot of 20 to a multi-operator initiative for 100. More →

31.

Brooklyn-based EV charging startup HEVO is supplying 105 EV charging stations to help fellow Brooklyn startup Dollaride electrify its fleet of NYC "dollar vans." More →

32.

A fleet of Waymo's autonomous vehicles began cruising NYC streets to test itself in some of the most complex traffic and weather conditions to be found in the country. More →

33.

Via's app to optimize NYC school bus routes and allow parents to monitor drop-off and pickup times began rolling out in Queens. More →

34.

Helaina, known for milk alternatives to baby formula, is the first company to put human proteins into food, all from a lab space in the heart of Manhattan. More →

35.

Uniswap, the largest cryptocurrency exchanging operating on Ethereum, supported "The Merge" to immediately reduce the environmental impact of mining. More →

36.

Google is incubating a new class of AI projects to mitigate climate change, provide language translation and writing services for job applicants, prevent blindness, and more. More →

37.

Unicorn fintech startup Alloy is helping other NYC fintech companies — including Ramp, Gemini, and Petal, to name a few — to bring more secure identity tools to financial products. More →

38.

Joby is bringing its pioneering electric air taxis to customers, beginning with service to NYC airports. More →

39.

Brooklyn-based Air Company developed a sustainable aviation fuel that will help airlines reach net zero carbon emissions by 2050. (It can also make vodka and hand sanitizer out of nothing but CO2!) More →

40.

And why can't tech interns also be NFT collectors? More →

41.

Libraries citywide are partnering with Google.org and other supporters to open dedicated career development and event spaces for teens disproportionately impacted by the pandemic. More →

42.

A coalition of VCs rallied for reproductive rights in response to the Supreme Court's Dobbs decision. More →

43.

And Tech:NYC joined with its members to commend local leaders for enshrining protections that make New York a safe haven for women's rights. More →

44.

Tech doubled down on its homestate support of LGBTQ+ New Yorkers to oppose "don't say gay" and other anti-LGBTQ+ legislative actions across the country. More →

45.

theSkimm asked tech companies to #ShowUsYourLeave, and hundreds replied with how they're advancing robust paid parental leave policies at work. More →

46.

The Marshall Plan for Moms, a campaign launched by Girls Who Code founder Reshma Saujani, is spearheading a new conversation about working parents that's already been adopted by the NYC Council. More →

47.

The annual Tech Gives Back week of service returned to mobilize more than 1,000 tech workers to support projects in their local neighborhoods. More →

48.

77% of video game developers are men, meaning the majority of female and non-binary digital characters are designed by them. Girls Who Code has a solution for that. More →

49.

Uber and DoorDash helped lead a coalition of tech companies providing an array of free services and credits for over 20,000 South American asylum seekers who have entered NYC.

50.

Dozens of tech companies hosted cohorts of NYC public school students during the summer of 2022, giving them experience working alongside leaders of Etsy, Uniswap, Union Square Ventures, Via, and more. More →

51.

New York elected its first women governor to a full term after she spent 16 months making her legislative mark in the role. More →

52.

... and NYC elected its second Black mayor, who then went on to appoint a majority women leadership team. More →

53.

... and the country rallied behind a Senate Majority Leader and Democratic House Leader who live half a mile from each other in Brooklyn. More →

54.

The Green CHIPS Act builds on its federal counterpart to invest $10 billion to secure New York State 's position as the semiconductor manufacturing capital of the country. More →

55.

Cybersecurity innovation found hometown leaders in Rep. Ritchie Torres and Sen. Kirsten Gillibrand, who are leading a campaign to recruit industry leaders to build a federal cybersecurity service corps. More →

56.

A record 100,000 job opportunities for young people returned this summer through new investments in City Hall's Summer Youth Employment Program (and Tech:NYC's Tech Year program!). More →

57.

The first-ever women majority NYC Council announced the largest commitment of municipal funds by any US city to support access to abortion care. More →

58.

A MyCity portal is part of Mayor Adams' "People's Plan" to help New Yorkers apply for city services online in an efficient, streamlined way. More →

59.

The landmark John R. Lewis Voting Rights Act of New York codifies the most expansive state-level voting rights package in the country, including election-related language assistance beyond the current national standard. More →

60.

And the rats are absolutely going to hate the City Council "Rat Pack" and sanitation Commissioner Jessica Tisch. More →

61.

Big Apple Connect was launched to expand access high-speed internet to more New Yorkers, starting with those living in more than 200 NYCHA developments by the end of 2023. More →

62.

Fixed broadband wireless provider Starry was one of the very few tech companies to successfully go public this year. More →

63.

The company behind the LinkNYC network launched two new Gigabit Centers, in Harlem and the Bronx, to provide free public Wi-Fi access, computer work stations, and digital literacy training. More →

64.

Flume, with an ISP that only began in fall 2021, expects to be in 20,000 NYC homes this year and is working with NYC to build more gigabit and fiber internet lines for residential use. More →

65.

Bronx-based nonprofit The Knowledge House launched its "Great Restoration" campaign to add 250 underrepresented technologists to the workforce. More →

66.

Families of NYC public school children got discounted internet and devices thanks to an ongoing a multi-billion program responding to the pandemic. More →

67.

Another White House plan to reduce high-speed internet costs for millions of Americans is being powered from right here in NYC, thanks to Starry and other providers. More →

68.

A new technology and digital skills traning hub for girls scaled up in Crown Heights thanks to support from an unlikely souce: the Brooklyn Nets. More →

69.

Brooklyn-based organization TechFIN has given laptops and other computers to more than 3,000 NYC families in need. More →

70.

A $4 million Google NYC Tech Opportunity Fund jumpstarted new investments to diversify the city's talent pool through programs training high school students in computer science and other digital skills. More →

71.

WeWork offices are now just as full as they were before the pandemic. More →

72.

Over the summer, 9.2 million square feet of office space was leased in Manhattan, the most since the end of 2019. More →

73.

Global unicorns flocked to NYC over Silicon Valley — of all the unicorns that moved their HQs, half chose NYC as their landing spot. More →

74.

Job postings for NYC tech jobs are up 18% this year, compared to the same time in 2021. More →

75.

NYC VCs and startups got 6,000+ tech leaders back together with a brand new New York Tech Week. More →

76.

Climate Week NYC returned after two years, and the conversation was tech, tech, and more tech. More →

77.

The conference circuit is alive and well: Cybertech NYC returned. More →

78.

... as did AI Summit New York. More →

79.

... and don't forget Mainnet, which relaunched at Pier 36 this year. More →

80.

The New Yorkers that left to places like Austin and Miami in the last few years quickly decided ... to come right back. More →

81.

In the era of hybrid work, New Yorkers are taking the idea of the "15 minute city" and adding their own workplaces into the mix. More →

82.

For many of the 12,000+ restaurants still participating in the Open Streets program, total taxable revenue is 19% higher than average for the three years preceding the pandemic. More →

83.

New York has a new plan to install EV charging stations every 50 miles along state highways. More →

84.

#BikeNYC keeps leveling up while Citi Bike keeps smashing its own ridership records. More →

85.

And Uber is making sure Girls Scout Troop 6000, a first-of-its-kind program specifically serving girls in the NYC shelter system, is getting around the city safely. More →

86.

NYC's airports have had a major glow-up. More →

87.

... and become dining destinations in their own right. More →

88.

The train stations have become so nice that people want to hang out in them. More →

89.

... and stay to catch opening night of a new art exhibition. More →

90.

... and maybe have a drink too. More →

91.

Rockefeller Center added buzzy bars, shops, and a roller disco pop-up that made it .... cool again? More →

92.

The Mets had a (we admit it — rare) winning streak. We know because we were there. More →

93.

Troves of volunteers went to Port Authority to make sure asylum seekers know there's always room for more New Yorkers. More →

94.

"Corn Kid" Tariq shot to internet fame and became one of our favorite New Yorkers. More →

95.

The iconic Julius' became a historic landmark and next to the Stonewall Inn bar, a new center is opening to become the first in the national park system devoted to the gay rights movement. More →

96.

Governors Island (which is actually just 800 yards way from the tip of Manhattan), transformed into an island spa and climate research lab at the same time. More →

97.

Yu and Me Books in Chinatown and a wave of other new indies made the point that, yes, New Yorkers still like to buy books from actual bookstores. More →

98.

Only in the Lower East Side can you make a reservation for a fully blindfolded, four-course dinner in a basement. More →

99.

You've heard of the Theater District and the Flower District, but what about the "Fragrance District"? More →

100.

The city's pandemic chapter is coming to a close, and the New New York is ready to take the torch. More →