This document is a report on global investment in startups in Q1 2019, specifically focusing on venture capital data from the U.S. and Canada. It includes sections on seed/angel stage, early stage, late stage, and technology growth investments. Each section provides charts on number of deals and total dollars invested. The methodology section notes that some data points are projected based on historical reporting patterns to prevent undercounting, while other metrics only use currently reported data. All funding values are converted to US dollars from their original currency.

1. Global Investment In Startups
Supplementary Charts
Q1 2019

2. U.S. & Canada Venture Data – Q1 2019
Table of Contents
2
General Overview 3
Seed-Angel Stage 6
Early Stage 10
Late Stage 14
Technology Growth 18
Methodology 22

3. U.S. & Canada Venture Data – Q1 2019
General Overview
3

4. U.S. & Canada Venture Data – Q1 2019 4

5. U.S. & Canada Venture Data – Q1 2019 5

6. U.S. & Canada Venture Data – Q1 2019
Seed-Angel Stage
6

7. U.S. & Canada Venture Data – Q1 2019
About Seed-Angel Stage
Angel & Seed-stage is comprised of seed, pre-seed,
and angel rounds. Crunchbase also includes
venture rounds of unknown series, transactions of
undisclosed type, and convertible notes totaling $1
million (USD or as-converted USD equivalent) or
less. Equity crowdfunding rounds with no listed
dollar value, as well as those totaling less than $5
million, are also counted as seed-stage.
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8. U.S. & Canada Venture Data – Q1 2019 8

9. U.S. & Canada Venture Data – Q1 2019 9

10. U.S. & Canada Venture Data – Q1 2019
Early Stage
10

11. U.S. & Canada Venture Data – Q1 2019
About Early Stage
Early stage is comprised of Series A and Series B
rounds, as well as other round types. Crunchbase
includes venture rounds of unknown series,
transactions of undisclosed type, and convertible
notes totaling between $1,000,001 and
$15,000,000. Convertible note rounds with missing
dollar values are also counted as early-stage.
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12. U.S. & Canada Venture Data – Q1 2019 12

13. U.S. & Canada Venture Data – Q1 2019 13

14. U.S. & Canada Venture Data – Q1 2019
Late Stage
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15. U.S. & Canada Venture Data – Q1 2019
About Late Stage
Late stage is comprised of Series C, Series D,
Series E, and later-lettered venture rounds
following the “Series [Letter]” naming convention.
Also included are venture rounds of unknown
series, transactions of undisclosed type, and
convertible notes of $15,000,001 or more.
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16. U.S. & Canada Venture Data – Q1 2019 16

17. U.S. & Canada Venture Data – Q1 2019 17

18. U.S. & Canada Venture Data – Q1 2019
Technology Growth
18

19. U.S. & Canada Venture Data – Q1 2019
About Technology Growth
Technology Growth includes private equity
investments in companies that had previously
raised venture funding.
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20. U.S. & Canada Venture Data – Q1 2019 20

21. U.S. & Canada Venture Data – Q1 2019 21

22. U.S. & Canada Venture Data – Q1 2019
Methodology
22

23. U.S. & Canada Venture Data – Q1 2019
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.
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24. U.S. & Canada Venture Data – Q1 2019
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.
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25. U.S. & Canada Venture Data – Q1 2019
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.
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