Charts and graphs from Crunchbase News's Q1 2018 North American report by Joanna Glasner

1. Charts From The North American VC Report
Q1 2018

2. North American VC Report – Q1 2018
About These Slides
This presentation contains charts, graphs, and
tables used in Crunchbase News’s quarterly
reporting.
The full text of the report can be found here.
2

3. North American VC Report – Q1 2018
Table of Contents
3
Money In 4
General Overview 6
Seed-Angel Stage 10
Early Stage 15
Late Stage 20
Technology Growth 25
Money Out 29
Venture-Backed M&A 31
Initial Public Offerings 33
Methodology 35

4. North American VC Report – Q1 2018
Money In
Reviewing Venture Investment Into Technology Companies
4

5. North American VC Report – Q1 2018
Key Finding For Q1
Funding for U.S. and Canadian startups rose across all
venture stages in the first quarter.
The rise was driven by increased investment at seed,
early, and late stage, with round counts also up
significantly from the prior quarter. That upward
trajectory, particularly at seed stage, could alleviate
concerns in recent months about a decline in rounds
for the very earliest stage startups.
5

6. North American VC Report – Q1 2018
General Overview
6

7. North American VC Report – Q1 2018 7

8. North American VC Report – Q1 2018 8

9. North American VC Report – Q1 2018 9

10. North American VC Report – Q1 2018
Seed-Angel Stage
10

11. North American VC Report – Q1 2018
About Seed-Angel Stage
Crunchbase’s Seed-Angel stage includes
financings that are classified as a seed or angel,
including accelerator fundings and equity
crowdfunding below $5 million.
11

12. North American VC Report – Q1 2018 12

13. North American VC Report – Q1 2018 13

14. North American VC Report – Q1 2018 14

15. North American VC Report – Q1 2018
Early Stage
15

16. North American VC Report – Q1 2018
About Early Stage
Early stage venture include financings that are
classified as a Series A or B, venture rounds
without a designated series that are below $15
million, and equity crowdfunding above $5 million.
16

17. North American VC Report – Q1 2018 17

18. North American VC Report – Q1 2018 18

19. North American VC Report – Q1 2018 19

20. North American VC Report – Q1 2018
Late Stage
20

21. North American VC Report – Q1 2018
About Late Stage
Late stage venture include financings that are
classified as a Series C+ and venture rounds
greater than $15 million.
21

22. North American VC Report – Q1 2018 22

23. North American VC Report – Q1 2018 23

24. North American VC Report – Q1 2018 24

25. North American VC Report – Q1 2018
Technology Growth
25

26. North American VC Report – Q1 2018
About Technology Growth
Technology Growth includes private equity
investments in companies that had previously
raised venture funding.
26

27. North American VC Report – Q1 2018 27

28. North American VC Report – Q1 2018 28

29. North American VC Report – Q1 2018
Money Out
Reviewing Venture-Backed M&A And IPOs
29

30. North American VC Report – Q1 2018
Key Finding For Q1
Large exits also ticked up as both M&A and IPO
activity gained momentum.
For M&A, it was a long-awaited pickup, as the pace of
large VC-backed acquisitions was slow for most of
2017. The largest deals of the quarter were in biotech.
It was also a decent quarter for IPOs, led by Dropbox’s
hotly anticipated debut in March, with the
company recently valued around $12 billion.
30

31. North American VC Report – Q1 2018
Venture-Backed
Mergers & Acquisitions
31

32. North American VC Report – Q1 2018 32

33. North American VC Report – Q1 2018
Initial Public Offerings
33

34. North American VC Report – Q1 2018 34

35. North American VC Report – Q1 2018
Methodology
35

36. North American VC Report – Q1 2018
About “Projected” Data
Crunchbase uses projections for global and U.S. trend
analysis.
Crunchbase bases these projections on historical
patterns in late reporting, which are most pronounced
at the earliest stages of venture activity.
Using projected data helps prevent undercounting or
reporting skewed trends that only correct over time.
All projected values are noted accordingly.
36

37. North American VC Report – Q1 2018
About “Reported” Data
Certain metrics, like mean and median reported
round sizes, were generated using only reported
data.
Unlike with projected data, Crunchbase calculates
these kinds of metrics based only on the data it
currently has.
All reported values are noted accordingly.
37

38. North American VC Report – Q1 2018
About Foreign Currencies
All funding values are given in U.S. dollars unless
otherwise noted.
Crunchbase converts foreign currencies to US dollars at
the prevailing spot rate from the date funding rounds,
acquisitions, IPOs, and other financial events are reported.
Even if those events were added to Crunchbase long after
the event was announced, foreign currency transactions
are converted at the historic spot price.
38