Earlier today, PricewaterhouseCoopers and National Venture Capital Association released a report showing that total venture capital spending in the U.S. rose 12 percent to $7.8 billion compared to $7 billion for the previous third quarter. But how has that changed since, say, 1995, when their Thomson Reuters data originates? We took a graphical look at how VC funding has changed in the last nearly two decades. While there’s been definite growth, it’s not nearly what it was during the VC bubble in 2000.
The amount of VC funding has gone up 158 percent since 1995, but the number of deals has only gone up 51 percent, from 1,896 in 1995 to 2,867 deals so far this year–nothing compared to the huge gains made in the early aughts.
*2013’s numbers aren’t yet conclusive, since Q3 just finished.
Funding in all stages of VC investment has increased, but the change has been much more dramatic in early, expansion and later stage funding than in seed. Later stage funding is more than 21 times what it was 18 years ago, while seed funding only doubled in that same time.
Back in 1995, the Southeastern US was looking like a major hub for VC funds. These days its been supplanted growing VC invesments in New England, with Silicon Valley and New York metro area’s Silicon Alley holding strong in first and third place.
Q3 1995 | Q3 2013 |
---|---|
1. Silicon Valley: $419,135,100 | 1. Silicon Valley: $3,557,553,600 |
2. Southeast: $282,377,400 | 2. New England: $870,428,900 |
3. NY Metro: $124,311,000 | 3. NY Metro: $696,557,000 |
All data from PricewaterhouseCoopers and National Venture Capital Association/Thomson Reuters.