Who Funds Medical Devices Startups in New York?

Complete funding guide for medical devices entrepreneurs in New York. Find 8 VC funds, 3 accelerators,4 angel networks, and 5 grant opportunities.

$386M
Total 2025 Funding
105
Deals Completed
$2M
Avg Round Size
11
Active Funders

Medical Devices Startup Funding Landscape in New York

Market Overview

The medical devices startup ecosystem in New York has experienced remarkable growth, with $386M in funding across 105 deals in 2025.This represents 15% year-over-year growth compared to the previous year, positioning New Yorkas a emerging market formedical devices innovation.

The average funding round size of $2M reflects strong investor confidence in New York-based medical devices startups. Competition levels are currently very high, with 8 active VC funds specifically targeting this sector.

Top Funded Sectors in New York

Medical DevicesArtificial IntelligenceSoftware As A Service

Location Advantages

New York offers a concentrated medical devices ecosystem with specialized talent

Strong government support for medical devices 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 Medical Devices Startups

  • Deep expertise in medical devices 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

Medical Devices VC Funds in New York

8 active funds

New York Medical Devices Partners A

📍 New York📅 Founded 2010💰 $244M AUM

seed stage focus • 33 portfolio companies

$2M
Typical Check Size

Investment Focus Areas

Medical DevicesEnterprise Software

Recent Medical Devices Investments

Medical DevicesCorp 1
New York AI
DataMedical Devices Inc
Active in medical devices sector • Invests in New York-based startups
Learn More →

New York Medical Devices Partners B

📍 New York📅 Founded 2012💰 $515M AUM

series-b stage focus • 51 portfolio companies

$5M
Typical Check Size

Investment Focus Areas

Medical DevicesEnterprise Software

Recent Medical Devices Investments

Medical DevicesCorp 2
New York AI
DataMedical Devices Inc
Active in medical devices sector • Invests in New York-based startups
Learn More →

New York Medical Devices Partners C

📍 New York📅 Founded 2010💰 $184M AUM

series-a stage focus • 40 portfolio companies

$9M
Typical Check Size

Investment Focus Areas

Medical DevicesEnterprise Software

Recent Medical Devices Investments

Medical DevicesCorp 3
New York AI
DataMedical Devices Inc
Active in medical devices sector • Invests in New York-based startups
Learn More →

New York Medical Devices Partners D

📍 New York📅 Founded 2016💰 $291M AUM

series-b stage focus • 59 portfolio companies

$8M
Typical Check Size

Investment Focus Areas

Medical DevicesEnterprise Software

Recent Medical Devices Investments

Medical DevicesCorp 4
New York AI
DataMedical Devices Inc
Active in medical devices sector • Invests in New York-based startups
Learn More →

New York Medical Devices Partners E

📍 New York📅 Founded 2018💰 $586M AUM

seed stage focus • 51 portfolio companies

$4M
Typical Check Size

Investment Focus Areas

Medical DevicesEnterprise SoftwareArtificial Intelligence

Recent Medical Devices Investments

Medical DevicesCorp 5
New York AI
DataMedical Devices Inc
Active in medical devices sector • Invests in New York-based startups
Learn More →

New York Medical Devices Partners F

📍 New York📅 Founded 2022💰 $200M AUM

series-a stage focus • 47 portfolio companies

$8M
Typical Check Size

Investment Focus Areas

Medical DevicesEnterprise SoftwareArtificial Intelligence

Recent Medical Devices Investments

Medical DevicesCorp 6
New York AI
DataMedical Devices Inc
Active in medical devices sector • Invests in New York-based startups
Learn More →

New York Medical Devices Partners G

📍 New York📅 Founded 2019💰 $312M AUM

series-a stage focus • 34 portfolio companies

$2M
Typical Check Size

Investment Focus Areas

Medical DevicesEnterprise Software

Recent Medical Devices Investments

Medical DevicesCorp 7
New York AI
DataMedical Devices Inc
Active in medical devices sector • Invests in New York-based startups
Learn More →

New York Medical Devices Partners H

📍 New York📅 Founded 2012💰 $292M AUM

series-a stage focus • 25 portfolio companies

$2M
Typical Check Size

Investment Focus Areas

Medical DevicesEnterprise Software

Recent Medical Devices Investments

Medical DevicesCorp 8
New York AI
DataMedical Devices Inc
Active in medical devices sector • Invests in New York-based startups
Learn More →

Medical Devices Accelerators in New York

3 programs

New York Medical Devices Accelerator 1

📍 New York⏱️ 12-16 weeks👥 10 startups/batch
$108K
for 7% equity
80% success rate

Program Focus

Medical DevicesStartup GrowthProduct Development
Next Application Deadline: 2024-09-15
Meetings:
Apply Now →

New York Medical Devices Accelerator 2

📍 New York⏱️ 12-16 weeks👥 18 startups/batch
$198K
for 6% equity
71% success rate

Program Focus

Medical DevicesStartup GrowthProduct Development
Next Application Deadline: 2024-04-15
Meetings:
Apply Now →

New York Medical Devices Accelerator 3

📍 New York⏱️ 12-16 weeks👥 21 startups/batch
$190K
for 5% equity
83% success rate

Program Focus

Medical DevicesStartup GrowthProduct Development
Next Application Deadline: 2024-12-15
Meetings:
Apply Now →

Angel Investor Networks in New York

4 networks

New York Medical Devices Angels

👥 53 members💰 $100K avg investment

📍 New York

Focus Industries

Medical DevicesTechnologyInnovation
Meets: Monthly
Connect →

New York Medical Devices Angels

👥 67 members💰 $95K avg investment

📍 New York

Focus Industries

Medical DevicesTechnologyInnovation
Meets: Monthly
Connect →

New York Medical Devices Angels

👥 76 members💰 $56K avg investment

📍 New York

Focus Industries

Medical DevicesTechnologyInnovation
Meets: Monthly
Connect →

New York Medical Devices Angels

👥 74 members💰 $99K avg investment

📍 New York

Focus Industries

Medical DevicesTechnologyInnovation
Meets: Monthly
Connect →

Medical Devices Grants Available in New York

SBIR Medical Devices Grant

by New York Innovation Agency

Medical Devices startups based in New York

$100K
Grant Amount
Deadline: 2024-03-28Apply →

STTR Medical Devices Grant

by New York Innovation Agency

Medical Devices startups based in New York

$500K
Grant Amount
Deadline: 2024-02-28Apply →

State Innovation Medical Devices Grant

by New York Innovation Agency

Medical Devices startups based in New York

$100K
Grant Amount
Deadline: 2024-03-28Apply →

Federal Research Medical Devices Grant

by New York Innovation Agency

Medical Devices startups based in New York

$1M
Grant Amount
Deadline: 2024-01-28Apply →

SBIR Medical Devices Grant

by New York Innovation Agency

Medical Devices startups based in New York

$500K
Grant Amount
Deadline: 2024-02-28Apply →

2025 Funding Timeline for Medical Devices Startups in New York

Q1 2025

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

Q2 2025

Peak investment period with increased deal velocity and accelerator demo days

Q3 2025

Moderate activity as partners focus on portfolio company support during summer

Q4 2025

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

Best Months to Fundraise in New York

FebruaryMarchMay

Frequently Asked Questions: Medical Devices Funding in New York

How competitive is medical devices startup funding in New York?

Medical Devices startup funding in New York is very high, with 8 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 medical devices domain, Strong technical team with proven track record, Clear market validation and customer traction.

What's the average funding amount for medical devices startups in New York?

Medical Devices startups in New York raise an average of $2M per funding round, based on 105 deals completed in 2025. This represents 15% 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 medical devices accelerators in New York have the highest success rates?

Top medical devices accelerators in New York 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 onmedical-devices and startup-growthand provide extensive mentor networks, investor connections, and post-graduation support lasting 2+ years.

What are the key advantages of starting a medical devices company in New York?

New York offers several unique advantages for medical devices startups: New York offers a concentrated medical devices ecosystem with specialized talent, Strong government support for medical devices innovation and R&D tax incentives, and Access to leading universities and research institutions in the region. The local ecosystem includes 8 specialized VC funds, 4 angel networks, and 5 grant programs specifically supporting medical devices innovation.

When is the best time to fundraise for medical devices startups in New York?

The optimal fundraising months in New York 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 medical devices investors in New York?

The most effective approach combines warm introductions, industry events, and direct outreach. Start by leveraging your network for introductions to the 8 active VC funds in New York. Join relevant medical devices meetups, attend pitch competitions, and participate in accelerator demo days. Angel networks like New York Medical Devices Angels host regular investor meetings and can provide valuable early-stage funding and mentorship.

Your Medical Devices Funding Action Plan for New York

1

Research & Prepare

  • • Analyze the 8 VC funds targeting medical devices
  • • 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 4 angel investor networks
  • • Apply for 5 available grant opportunities
  • • Leverage warm introductions through your network
3

Execute & Scale

  • • Target optimal fundraising months: February, March
  • • Leverage New York's medical devices ecosystem
  • • Plan for 4-6 month fundraising timeline
  • • Prepare for very high competition levels
Who Funds Medical Devices Startups in New York? Complete 2025 Guide