All across the country, the startup scene is hungry for capital. Nowhere is that more apparent than in New York.
For the second quarter in a row, startups in New York state led the nation in applications for early-stage capital. New York edged California, the No. 2 state on the list, by a margin of 4 percent in Q2 2015. The data was compiled by Gust, an investor relations platform that connects entrepreneurs with early-stage investors. Gust also found that total funding applications across the U.S. rose by 26 percent over the previous quarter.
Breaking down funding applications by industry, Gust found that consumer products and services saw a 64 percent increase in funding applications over the same quarter last year, as well as a 53 percent increase over Q1 2015. That increase caused consumer products and services to displace Internet web services as the most popular industry for funding applications. Technology fell out of the top 10 in Q2, replaced by the business products and services industry.
Check out more details in Gust's infographic below.