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Empire State Development

Venture Capital

New York State's economic development agency deploying $300M+ through NY Ventures across direct equity and fund-of-funds.

Albany, United States · 5+ investments · 3 portfolio companies

Pre-Seed
Seed
Early Stage
Headquarters
Albany, United States
Website
esd.ny.gov
AUM
$300.0M
Portfolio Companies
3
Total Investments
5
Last Investment
Dec 2025
Geographic Focus
United States

Indexed holds 3 portfolio companies and 5 funding rounds for this investor. The full record is or through the API.

Investment Thesis

Invest in diverse NY State entrepreneurs and fund managers via direct equity and fund-of-funds.

Empire State Development is a Venture Capital firm based in Albany, United States. It has made 5 investments, including Envisagenics, GiveGab and Concertio.

Portfolio3

Co-investors15

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15 co-investors across 15 shared portfolio companies — who they back alongside, and how often they lead.

Venture Capital ×12 · Accelerator ×1 · Corporate VC ×1 · 7 shared rounds

Investment History

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