All aspects of farming, including crop production and health, animal production and wellness, as well as machinery, products and related activities.
All elements of travel by air, automobile, train, trucking and other forms of transportation. Also addresses manufacturing, parts and maintenance.
All business needs and associated services: advertising, PR, HR, staffing, training records keeping, legal services, consulting, office supplies and furniture, information services, hardware, facilities and more. Also covers associated services like commercial printing, outsourcing and packaging.
Physical computing devices and related services, though specifically not the software used on those machines. Includes personal and business computers, networking equipment, leasing companies, peripherals, handhelds, servers, supercomputers, gaming devices and IT services.
All goods and services for personal use (not Business or Industrial), including but not limited to: appliances, automotive services, rentals, consumer electronics, clothes, home furnishings, jewelry, pet products, tobacco, toys and games.
Concerned mainly with electronic components like chips, semiconductors, switches, motors, testing equipment and scientific instruments; also related manufacturing services.
Energy production, distribution and storage, including fossil fuels, renewables, electric power companies, companies focused on energy efficiency, as well as companies researching new energy sources or technologies.
These companies deal with repairing damage after an environmental event has occurred or aim to help limit the negative ecological impact of an event or company. This includes environmental and energy consulting,
hazardous waste services, recycling, cleanup and solid waste.
Companies dealing with wealth in any form, including but not limited to: accounting, banking, credit and collections, investments, online payments companies and lending.
Food and drink of all kinds: retail and wholesale, fresh ingredients, prepared and canned items and foodservice (but not restaurants, see Leisure). Also includes food safety, flavoring and condiments, alcoholic products and distribution.
All aspects of medical care and wellness: diagnosis, drug development and distribution, medical products and facilities, healthcare plans and alternative treatments and elective procedures.
Equipment and facilities that are neither commercial nor residential/consumer and all related applications. Mainly concerned with materials, facilities, heavy machinery and construction.
Online applications, but neither the hardware on which they are run nor the ISPs that make transactions possible. All ecommerce sites are included, as are web hosting services, browser software, online advertising, email, online communications platforms of all kinds, online learning, video and more.
In-person entertainment like movie theaters, casinos, lodging, restaurants of all kinds, sporting events, gyms and recreation facilities.
All forms of non-Internet entertainment that is also not in-person (see Leisure). Includes film, video, music, publishing, radio and television.
Companies involved with extracting raw materials from the earth and their processing. Larger categories contained herein include aluminium, coal, copper, diamonds and precious stones, precious metals and steel; additionally the brokering and distribution of these items.
Communications companies and associated technologies, from overarching categories like fiber optics, telecom equipment, infrastructure, towers and RFID systems to applications like mobile software, mobile commerce and the telecom companies that facilitate communication over their networks.
Brick-and-mortar retail locations of all kinds: clothes, electronics, appliances, physical media, grocery, office supplies and every other item purchased in person that is not a leisure activity (see Leisure).
Security services and products that operate primarily in the physical world and encompass personal protective equipment, security and surveillance equipment, security guard companies, consultants and more.
Software not covered under “Mobile” or “Internet.” It can be hosted on a user’s machine or accessed remotely and can be used for any application. In this category, the software itself is the user’s primary concern, not the delivery method (as in Internet and Mobile categories).
Series B and C
Series D and E+
Includes rounds not associated with a specific stage in a company's funding history. These include corporate minority rounds where corporates take a minority stake in a startup, as well as a small number of unclassified rounds tracked that are not associated with a specific stage
The MoneyTree Report records cash for equity investments as the cash is actually received by the company (also called a tranch) as opposed to when financing is committed (often referred to as a "term sheet") to a company. Accordingly, the amount reported in a given quarter may be less than the total round amount committed to the company at the time when the round of financing closed.
Alaska, Hawaii and Puerto Rico
The state of Colorado
Washington, D.C., Virginia, West Virginia and Maryland
Southern California (excluding San Diego)
Illinois, Missouri, Indiana, Kentucky, Ohio, Michigan and western Pennsylvania
Maine, New Hampshire, Vermont, Massachusetts, Rhode Island and parts of Connecticut (excluding Fairfield county)
Metropolitan NY area, northern New Jersey and Fairfield County, Connecticut
Minnesota, Iowa, Wisconsin, North Dakota, South Dakota and Nebraska
Washington, Oregon, Idaho, Montana and Wyoming
Eastern Pennsylvania, southern New Jersey and Delaware
Sacramento and north of Marin County (excluding San Francisco and Silicon Valley regions)
San Diego area
Bay Area cities north of Highway 92, extending up the northern coast to the Oregon border along the Hwy 101 corridor, including some counties not adjacent to the coast
Bay Area cities south of Highway 92, extending east to the Nevada border and south to include Fresno County.
Kansas, Oklahoma, Arkansas and Louisiana
Alabama, Florida, Georgia, Mississippi, Tennessee, South Carolina and North Carolina
Utah, Arizona, New Mexico and Nevada
The state of Texas
Northern New York state, except Metropolitan New York City area
What is included:
What is excluded:
PricewaterhouseCoopers and CB Insights have taken responsible steps to ensure that the information contained in the MoneyTree Report has been obtained from reliable sources. However, neither PwC nor CB Insights can warrant the ultimate validity of the data obtained in this manner. Results are updated periodically. Therefore, all data is subject to change at any time.
Partner, US Pharmaceuticals and Life Sciences , PwC US
Tel: +1 (408) 817 5029