PwC MoneyTree is the go-to source for Venture Capital firms and high-growth startups.
US VC-backed companies raised $23B in Q4’19, down 16% compared to Q3. YoY funding fell 9% to $108B making 2019 the third biggest year ever (with 2018 in first place; 2000 in second).
Mega-rounds ($100M+) played a role in this as they fell for the second-straight quarter. 38 companies raised rounds worth $100M or more in Q4’19. This is a sharp decline from 58 in Q3’19 and a record 67 in Q2’19. That said, 2019 saw the most $100M+ rounds ever (213), raising $47B in 2019; the second biggest amount of mega-round funding.
Global deal activity, funding declined in last quarter of 2019 because of the US trend. North America, Asia, and Europe saw combined funding of $45B in Q4’19. Global VC funding fell 16% in Q4’19 compared to Q3’19. Asia and Europe saw increased deal activity, while North American deals fell.
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.
Partner, US Pharmaceuticals and Life Sciences, PwC US
US Asset and Wealth Management Leader, PwC US
Assurance Director, PwC US