Startups Blog

Findings from 2018 Startup Database Funding Report

Written by Melodie Balangue | Nov 24, 2018 8:26:12 PM

Fundz recently released our 2018 State of Startup Funding Report. Here are some key findings after analyzing over 8,000 deals from Fundz' startup database.

  • The overall environment for startup funding in the U.S. remains robust and consistent, with Q1, 2018 and Q3, 2018 seeing $12.96 and $13.18 billion in funded startups, respectively. Q2 led the way with $15.37 billion invested into these recently funded companies.
  • North Carolina continued its ascent. Last year, North Carolina raised over $1 billion in startup funding. In 2018, the state has already raised over $1.5 billion. We excluded the $1.25 billion round in 27 year old Epic Games which is owned Tencent Holdings in China.
  • Colorado continues to move up, making the top ten and ranking #2 in overall growth. Denver has raised over $800 million so far in 2018, while Boulder has almost hit $300 million. Cannabis related entities throughout the supply chain have made a strong contribution to this growth.
  • San Francisco and New York continue to lead the list of top cities.
  • Leading Fundings include 1.) Grocery delivery service Instacar, which raised nearly $1 billion in three massive rounds and 2.) Katerra, a high-tech construction company which pulled in over $800 million in February, led by Softbank's Vision Fund.
  • The total number of both companies and cities related to 2018 startup fundings increased slightly throughout the year.
  • Biotech remains red hot. After setting a record last year, the industry has already raised over $6.2 billion in the U.S. alone related to biotech startup fundings.

Would you like to search, set alerts & export lists of all funded startups in the U.S.?