Startup Database Blog

In funding news, the average Series A funding round has jumped to $11.78 million in the U.S. for the week ending 4/27, according to the most recent Series A Funding Trends report from Fundz.

With the two cities of Boston and Cambridge leading the way, Massachusetts is closing in on #2 New York in total Series A and other funding rounds year to date.

Fundz yesterday released a 2019 funding trends report which shows the level of venture capital funding so far in 2019 by state and industry, as well as the top funding rounds year to date.

In venture capital funding news, the following bubble map shows total seed & VC funding by U.S. city in 2018.

Fundz Pro customers can see all the fundings per city as they are filed, get real-time alerts of new fundings, as well as export lists of recently funded companies. Here is an example CSV download.

In February, 2019 there were 228 new filings of funding rounds in the U.S. from companies that were classified as "computers", "other technology", "telecommunications" or "biotechnology". 

Some notable findings are summarized below:

In January, 2019 there were 325 new filings of funding rounds in the U.S. from companies that were classified as "technology", "other technology", "telecommunications" or "biotechnology". 

California, New York, Massachusetts and Texas remained the leaders in total number of funding rounds in 2018. On a percentage growth basis in number of funding rounds, Texas took the #1 position with a 7.13% increase in deals, followed followed by Massachusetts at #2, with a 7.07% increase.

Boston based DataRobot, which develops technology to automate the process of building and operationalizing machine learning models, has raised $100 million in a Series D funding round, bringing its total funding to $225 million. The company's series a funding was back in 2014, when the team raised $21 million, led by New Enterprise Associates.