VentureApp Maps New York City's Tech Ecosystem and Makes It Accessible via Chat

New York, New York, May 2, 2017 (Newswire.com) - VentureApp, a professional chat platform, today announced VentureMap New York City, an interactive network visualization of the city’s tech ecosystem, in partnership with RRE Ventures. The map displays 3,043 investments into tech startups by angel investors, venture capitalists, incubators, accelerators, and more.

By mapping thousands of startup and investor relationships, VentureApp gives professionals the ability to surface common investor connections and trends in their community, search for relevant investors in their industry, and access other founders and investors directly and immediately via VentureApp’s chat interface.

"There is a flurry of investment activity in our city, and VentureMap NYC captures all of that data in a visual and actionable way. When raising capital, warm introductions are everything for founders. VentureApp is making the process of finding relevant connections easier, which ensures more deals get done at the end of the day."

Steve Schlafman, principal at RRE Ventures

“There is a flurry of investment activity in our city, and VentureMap NYC captures all of that data in a visual and actionable way,” said Steve Schlafman, principal at RRE Ventures, a partner on VentureApp’s data integrity. “When raising capital, warm introductions are everything for founders. VentureApp is making the process of finding relevant connections easier, which ensures more deals get done at the end of the day.”

VentureMap NYC uncovers a variety of trends in the following startup investment sectors:

• Angel investors and angel groups – Smaller investments by individuals are fueling NY startups. VentureMap NYC highlights more than 1,000 investments into 585 businesses by hundreds of prominent angel investors, such as New York Angels, Adam Rothenberg, David Tisch, Gary Vaynerchuk, and more.  
• Venture capital firms – Zeroing in on more than 1,600 investments into almost 1,000 businesses, VentureMap NYC surfaces the highest deal frequency from VC firms like BoxGroup, RRE Ventures, Greycroft Partners, Union Square Ventures, Thrive Capital, and others.
• Incubators and accelerators – Grand Central Tech, Betaworks, and Techstars NYC are active accelerators on VentureMap NYC, making close to 500 investments in NYC startups.

“The innovation economy can be very exclusive to outsiders,” said Chase Garbarino, CEO of VentureApp. “As part of our mission to make the benefits of the innovation economy more accessible to all, we think mapping tech ecosystems on top of a chat platform makes entering a massive community like New York City much easier and more actionable for professionals and founders.”

Aiming to be the dedicated platform to engage and grow your extended business network, VentureApp is rolling out VentureMaps in various cities and industries this year to bring communities together. If you’re interested in seeing a map of your city’s investment ecosystem, or if you’d like to learn more about how to get yourself, your business, or your investment firm represented on VentureMap NYC, please reach out to VentureApp at help@ventureapp.com.  

About VentureApp
VentureApp is a chat platform for professionals to communicate with their closest business contacts and connect with new partners in their extended business network. Headquartered in Boston with more than $6M in funding, VentureApp launched in September 2015 with a focus on making the innovation economy more accessible to all in order to drive economic growth. Thousands of professionals from DraftKings, Silicon Valley Bank, HubSpot, Drizly, Goodwin Procter, and more are chatting on VentureApp. For more information, visit http://www.ventureapp.com or follow VentureApp on Twitter @VentureApp.

Media Contact: 
Katie Sullivan
Director of Communications
Email: katie@ventureapp.com

Source: VentureApp