Who Funds Machine Learning Startups in New Jersey?

Complete funding guide for machine learning entrepreneurs in New Jersey. Find 9 VC funds, 3 accelerators,3 angel networks, and 3 grant opportunities.

$285M
Total 2026 Funding
221
Deals Completed
$4M
Avg Round Size
12
Active Funders

Machine Learning Startup Funding Landscape in New Jersey

Market Overview

The machine learning startup ecosystem in New Jersey has experienced remarkable growth, with $285M in funding across 221 deals in 2026.This represents 33% year-over-year growth compared to the previous year, positioning New Jerseyas a emerging market formachine learning innovation.

The average funding round size of $4M reflects strong investor confidence in New Jersey-based machine learning startups. Competition levels are currently moderate, with 9 active VC funds specifically targeting this sector.

Top Funded Sectors in New Jersey

Machine LearningArtificial IntelligenceSoftware As A Service

Location Advantages

New Jersey offers a concentrated machine learning ecosystem with specialized talent

Strong government support for machine learning innovation and R&D tax incentives

Access to leading universities and research institutions in the region

Lower operational costs compared to traditional tech hubs like San Francisco

Success Factors for Machine Learning Startups

  • Deep expertise in machine learning domain
  • Strong technical team with proven track record
  • Clear market validation and customer traction
  • Scalable business model with defensible moats
  • Access to industry-specific mentors and advisors

Machine Learning VC Funds in New Jersey

9 active funds

New Jersey Machine Learning Partners A

📍 New Jersey📅 Founded 2018💰 $105M AUM

series-a stage focus • 35 portfolio companies

$2M
Typical Check Size

Investment Focus Areas

Machine LearningEnterprise SoftwareArtificial Intelligence

Recent Machine Learning Investments

Machine LearningCorp 1
New Jersey AI
DataMachine Learning Inc
Active in machine learning sector • Invests in New Jersey-based startups
Learn More →

New Jersey Machine Learning Partners B

📍 New Jersey📅 Founded 2023💰 $216M AUM

series-a stage focus • 58 portfolio companies

$9M
Typical Check Size

Investment Focus Areas

Machine LearningEnterprise Software

Recent Machine Learning Investments

Machine LearningCorp 2
New Jersey AI
DataMachine Learning Inc
Active in machine learning sector • Invests in New Jersey-based startups
Learn More →

New Jersey Machine Learning Partners C

📍 New Jersey📅 Founded 2010💰 $436M AUM

series-b stage focus • 37 portfolio companies

$8M
Typical Check Size

Investment Focus Areas

Machine LearningEnterprise SoftwareArtificial Intelligence

Recent Machine Learning Investments

Machine LearningCorp 3
New Jersey AI
DataMachine Learning Inc
Active in machine learning sector • Invests in New Jersey-based startups
Learn More →

New Jersey Machine Learning Partners D

📍 New Jersey📅 Founded 2014💰 $311M AUM

series-b stage focus • 59 portfolio companies

$3M
Typical Check Size

Investment Focus Areas

Machine LearningEnterprise Software

Recent Machine Learning Investments

Machine LearningCorp 4
New Jersey AI
DataMachine Learning Inc
Active in machine learning sector • Invests in New Jersey-based startups
Learn More →

New Jersey Machine Learning Partners E

📍 New Jersey📅 Founded 2021💰 $144M AUM

series-b stage focus • 24 portfolio companies

$2M
Typical Check Size

Investment Focus Areas

Machine LearningEnterprise SoftwareArtificial Intelligence

Recent Machine Learning Investments

Machine LearningCorp 5
New Jersey AI
DataMachine Learning Inc
Active in machine learning sector • Invests in New Jersey-based startups
Learn More →

New Jersey Machine Learning Partners F

📍 New Jersey📅 Founded 2012💰 $170M AUM

series-a stage focus • 64 portfolio companies

$3M
Typical Check Size

Investment Focus Areas

Machine LearningEnterprise Software

Recent Machine Learning Investments

Machine LearningCorp 6
New Jersey AI
DataMachine Learning Inc
Active in machine learning sector • Invests in New Jersey-based startups
Learn More →

New Jersey Machine Learning Partners G

📍 New Jersey📅 Founded 2020💰 $211M AUM

seed stage focus • 49 portfolio companies

$8M
Typical Check Size

Investment Focus Areas

Machine LearningEnterprise Software

Recent Machine Learning Investments

Machine LearningCorp 7
New Jersey AI
DataMachine Learning Inc
Active in machine learning sector • Invests in New Jersey-based startups
Learn More →

New Jersey Machine Learning Partners H

📍 New Jersey📅 Founded 2014💰 $407M AUM

series-a stage focus • 56 portfolio companies

$3M
Typical Check Size

Investment Focus Areas

Machine LearningEnterprise Software

Recent Machine Learning Investments

Machine LearningCorp 8
New Jersey AI
DataMachine Learning Inc
Active in machine learning sector • Invests in New Jersey-based startups
Learn More →

New Jersey Machine Learning Partners I

📍 New Jersey📅 Founded 2017💰 $308M AUM

seed stage focus • 69 portfolio companies

$6M
Typical Check Size

Investment Focus Areas

Machine LearningEnterprise SoftwareArtificial Intelligence

Recent Machine Learning Investments

Machine LearningCorp 9
New Jersey AI
DataMachine Learning Inc
Active in machine learning sector • Invests in New Jersey-based startups
Learn More →

Machine Learning Accelerators in New Jersey

3 programs

New Jersey Machine Learning Accelerator 1

📍 New Jersey⏱️ 12-16 weeks👥 17 startups/batch
$108K
for 5% equity
75% success rate

Program Focus

Machine LearningStartup GrowthProduct Development
Next Application Deadline: 2024-08-15
Meetings:
Apply Now →

New Jersey Machine Learning Accelerator 2

📍 New Jersey⏱️ 12-16 weeks👥 23 startups/batch
$277K
for 5% equity
70% success rate

Program Focus

Machine LearningStartup GrowthProduct Development
Next Application Deadline: 2024-05-15
Meetings:
Apply Now →

New Jersey Machine Learning Accelerator 3

📍 New Jersey⏱️ 12-16 weeks👥 21 startups/batch
$120K
for 7% equity
78% success rate

Program Focus

Machine LearningStartup GrowthProduct Development
Next Application Deadline: 2024-01-15
Meetings:
Apply Now →

Angel Investor Networks in New Jersey

3 networks

New Jersey Machine Learning Angels

👥 76 members💰 $52K avg investment

📍 New Jersey

Focus Industries

Machine LearningTechnologyInnovation
Meets: Monthly
Connect →

New Jersey Machine Learning Angels

👥 61 members💰 $112K avg investment

📍 New Jersey

Focus Industries

Machine LearningTechnologyInnovation
Meets: Monthly
Connect →

New Jersey Machine Learning Angels

👥 146 members💰 $98K avg investment

📍 New Jersey

Focus Industries

Machine LearningTechnologyInnovation
Meets: Monthly
Connect →

Machine Learning Grants Available in New Jersey

SBIR Machine Learning Grant

by New Jersey Innovation Agency

Machine Learning startups based in New Jersey

$100K
Grant Amount
Deadline: 2024-01-28Apply →

STTR Machine Learning Grant

by New Jersey Innovation Agency

Machine Learning startups based in New Jersey

$50K
Grant Amount
Deadline: 2024-07-28Apply →

State Innovation Machine Learning Grant

by New Jersey Innovation Agency

Machine Learning startups based in New Jersey

$500K
Grant Amount
Deadline: 2024-06-28Apply →

2026 Funding Timeline for Machine Learning Startups in New Jersey

Q1 2026

Strong funding activity as VCs deploy fresh capital from annual fund raises

Q2 2026

Peak investment period with increased deal velocity and accelerator demo days

Q3 2026

Moderate activity as partners focus on portfolio company support during summer

Q4 2026

Year-end push to deploy remaining capital and close pending deals

Best Months to Fundraise in New Jersey

FebruaryMarchMay

Frequently Asked Questions: Machine Learning Funding in New Jersey

How competitive is machine learning startup funding in New Jersey?

Machine Learning startup funding in New Jersey is moderate, with 9 active VC funds and 3 accelerator programs competing for deals. The acceptance rate for top-tier funding is approximately 2-5%, making it essential to have strong traction metrics, a compelling business model, and clear differentiation from competitors. Success factors includeDeep expertise in machine learning domain, Strong technical team with proven track record, Clear market validation and customer traction.

What's the average funding amount for machine learning startups in New Jersey?

Machine Learning startups in New Jersey raise an average of $4M per funding round, based on 221 deals completed in 2026. This represents 33% year-over-year growthcompared to the previous year. Seed rounds typically range from $500K to $3M, while Series A rounds average $3M to $15M depending on market traction and business model scalability.

Which machine learning accelerators in New Jersey have the highest success rates?

Top machine learning accelerators in New Jersey report success rates of 75-85% for follow-on funding, with program lengths ranging from 12-16 weeks and equity terms of 4-7%. The most successful programs focus onmachine-learning and startup-growthand provide extensive mentor networks, investor connections, and post-graduation support lasting 2+ years.

What are the key advantages of starting a machine learning company in New Jersey?

New Jersey offers several unique advantages for machine learning startups: New Jersey offers a concentrated machine learning ecosystem with specialized talent, Strong government support for machine learning innovation and R&D tax incentives, and Access to leading universities and research institutions in the region. The local ecosystem includes 9 specialized VC funds, 3 angel networks, and 3 grant programs specifically supporting machine learning innovation.

When is the best time to fundraise for machine learning startups in New Jersey?

The optimal fundraising months in New Jersey are February, March, May, when investor activity peaks and deal velocity increases. Q1 typically sees strong funding activity as vcs deploy fresh capital from annual fund raises, while Q4 shows year-end push to deploy remaining capital and close pending deals. Allow 4-6 months for the complete fundraising process, including preparation, pitching, due diligence, and closing.

How can I connect with machine learning investors in New Jersey?

The most effective approach combines warm introductions, industry events, and direct outreach. Start by leveraging your network for introductions to the 9 active VC funds in New Jersey. Join relevant machine learning meetups, attend pitch competitions, and participate in accelerator demo days. Angel networks like New Jersey Machine Learning Angels host regular investor meetings and can provide valuable early-stage funding and mentorship.

Your Machine Learning Funding Action Plan for New Jersey

1

Research & Prepare

  • • Analyze the 9 VC funds targeting machine learning
  • • Review portfolio companies and investment criteria
  • • Prepare compelling pitch deck and financial projections
  • • Gather customer testimonials and traction metrics
2

Apply & Connect

  • • Apply to 3 relevant accelerator programs
  • • Connect with 3 angel investor networks
  • • Apply for 3 available grant opportunities
  • • Leverage warm introductions through your network
3

Execute & Scale

  • • Target optimal fundraising months: February, March
  • • Leverage New Jersey's machine learning ecosystem
  • • Plan for 4-6 month fundraising timeline
  • • Prepare for moderate competition levels