Venture Capital Breakdown for March
A total of $6.14 billion was invested in March, up from the previous month. The five largest deals represented $1.035 billion of invested capital. Total number of deals increased from 469 in February to 619 in March. Will the deal count and size increase in April or tick down?
Series A deal count has significantly decreased for the interim period ending March 31, 2019 as compared to prior years. Total Series A deal count decreased 32.0 percent from the same period the prior year. However, total Series A invested capital only decreased 8.0 percent from the same period the prior year.
The median Series A pre-money valuation has seen a steady increase over the last five years from a median pre-money of $12.7 million for the interim period in 2018 versus a significant increase to $22.0 million for the same interim period of 2019. What is leading to this increase in median Series A pre-money values? We can discuss in another post!!