https://techcelerate.ventures
At the 2019 halfway point, US VC funding shows no signs of slowing: At the end of Q2, US VC funding was at $55B, well above the mid-point for 2018 ($48B), which ultimately saw a near-record $116B raised (compared to the record $120B in 2000).
MoneyTree™
Report
Q2 2019
2
Executive summary
Q2 2019
$100M+ deals continue to elevate US VC funding levels,
with total funding on track to push records again.
At the 2019 halfway point, US VC funding shows no signs
of slowing: At the end of Q2, US VC funding was at $55B,
well above the mid-point for 2018 ($48B), which ultimately
saw a near-record $116B raised (compared to the record
$120B in 2000).
$100M mega-rounds drive funding higher: Driving the
trend toward bigger deals, US companies raised a record
quarterly number of $100M+ VC rounds in Q2, with 64
mega-rounds accounting for nearly half of all funding
raised.
Seed rounds fluctuate to lowest activity in six years: After
rebounding last quarter, Seed activity dropped below levels
last seen in Q1’14.
US produces 19 new unicorns: 19 US VC-backed companies
saw their valuations rise to $1B+, nearing the record set in
Q4’18 of 22 new unicorns.
Q2 2019 funding across North America, Asia, and Europe
remains relatively flat.
North America, Asia, and Europe combined funding hits
$53B: Total annual VC funding decreased by 2% from Q1
2019 totals. Deal activity increased by 2%, to 3,474
transactions.
Asia deal activity retreats behind North America: While Asia
came close to surpassing North America’s deal activity in Q3
2018, the region’s deal activity has since declined by 24%
from Q3’18 to Q2’19.
San Francisco Bay Area deal activity rebounds: After 3
consecutive quarters of decline, deal activity increased 17% to
438 transactions in Q2 2019. After record quarterly funding of
$25B in Q3 2018, dollar funding has since stabilized to $13B.
New York Metro sees slight decline in deal and dollar funding
activity: After deal activity rebounded by 29% in Q1 2019, it
declined by 8% in Q2 2019 to 212 transactions. Similarly,
dollar funding declined by 9% in Q2 2019.
Geographic Insights
US Insights
Source: PwC / CB Insights MoneyTree™ Report Q2 2019
3
1,587
1,465
1,573
1,683
1,484
1,378
1,362
1,409
20.7
20.2
23.1
24.6
29.3
39.0
26.1
28.7
Q3'17
Q4'17