The PACT 2019 Philadelphia Venture Report is now available, powered by PitchBook Data and breaking down all key trends in the Philly MSA from last year.
At $2.5 billion invested across 225 venture financings, Philly’s venture ecosystem closed out a record 2019 for both dollars invested and the number of deals closed. Philadelphia is firmly in the top ten venture capital markets in the U.S. ranking 7th in dollars invested in 2019. Moreover, the region’s pharma & biotech sector commanded more than $1 billion in overall deal value, also setting a record.
