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PwC MoneyTree is the go-to source for Venture Capital firms and high-growth startups.

US MoneyTree Reporting: Q3 2020

Q3’20 funding to US-based, VC-backed companies is the second strongest quarter ever. 88 US-based companies raise rounds worth $100M+. Global deal activity and funding see quarterly rises.

VC investments to US-based companies hit a 7-quarter high at $36.5B, up 22% year-over-year (YoY) and 30% from Q2’20. The quarterly increase in deal activity is more modest: 1,461 VC deals take place in Q3’20, a 1% increase from 1,440 deals in Q2’20. While deal activity has shown small increases each quarter this year, Q3’20 deals are still down 11% YoY amid the pandemic.

Global deal activity and funding see quarterly rises. North America, Asia, and Europe see combined funding of $71.9B in Q3’20, a historical record: Global VC funding rises over 40% in Q3’20 compared to Q2’20.

Number of quarterly mega-rounds climbs to a new record: Mega-rounds drive funding gains as 88 US-based companies raise rounds worth $100M or more in Q3’20, surpassing the record set in Q2’20. Most of the top metros see an increase in investments: While quarterly deal activity declines in six of the top ten metros, only two see a decline in investments in Q3’20, as mega-rounds drive funding gains across major metros.

Seed deals rise for the second consecutive quarter, continue their recovery after a sharp drop-off in Q4’19.

Click here to read the Q3 2020 MoneyTree Report

Click here to see the Healthcare MoneyTree analysis


About this reporting

The PwC MoneyTree website is home to the PwC/CB Insights quarterly MoneyTree Report. It contains historical trend data (beginning in 1995), updates on the Venture Capital and high-growth startups ecosystem and relevant insights from PwC’s emerging company services and venture capital tax, audit and advisory professionals. The PwC/CB Insights MoneyTree Report is the definitive source of information on venture capital investments in emerging companies. This study is a staple of the financial community, entrepreneurs, government policymakers and the business press worldwide.

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Current quarter investment data

View current quarter investment data by Sector, State, Region or Stage of Development.

The MoneyTree Report website only provides aggregate level data.

For company level information, please contact our provider, CB Insights, at info@cbinsights.com.

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The MoneyTree Report website only provides aggregate level data.

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