PricewaterhouseCoopers LLP recently issued a report examining U.S. venture capital investments by state. The study looked at the number of deals funded by state, the share of deals in the United States by state, and the total amount of venture capital dollars invested by state. PwC uses data provided by the National Venture Capital Association and CB Insights for its report.
Unfortunately, the report shows that Indiana has work to do when it comes to attracting venture capital dollars. As of Sept. 30, 27 Indiana companies had secured venture capital totaling $64 million. In terms of the number of companies funded, Indiana has a 0.7 percent national share of deals. The $64 million in venture capital funds represents a 0.1 percent national share. Overall, Indiana ranks 21st in the country year to date.
