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money tree

Venture capital-backed companies based in the United States raised a record number of mega-rounds with 64 $100M+ deals this past quarter. US Q2 funding and deal activity increased 10% and 3%, respectively, as $29B was raised across 1,409 transactions, according to the latest MoneyTree™ Report from PwC and CB Insights.

US VC funding is on track to reach record levels this year. At the end of Q2, US VC funding is at $55B, well above the mid-point for 2018, which ultimately saw $116B raised – close to the record $120B raised in 2000. The 64 mega-rounds raised this quarter account for nearly half of all funding raised