April 16, 2014 - There were 105 US venture backed M&A transactions in Q1 2014 with $7.5B in disclosed deal value according to the Exit Poll report by Thomson Reuters and the NVCA. Disclosed deal value on a rolling four quarter basis increased 38%, partially due to a 19% increase in the number of deals disclosed. Additionally, the average M&A deal size reached $259MM in Q1 2014, the highest level since 2004. According to PitchBook, the median deal size was $40MM in Q1 2014 of 111 venture backed M&A exits globally (PitchBook Data, Inc. 2014).
February 19, 2014 - There were 3,995 venture capital deals in the US totaling $29.4B in 2013, a 4% annual increase in number of deals and a 7% increase in dollars invested. Deals in Q4 2013 totaled 1,077 with $8.4B invested, which was a 4% increase in deals and 6% increase in dollars over Q3 2013 and represented a 1% increase in deals and 5% increase in dollars on a rolling four quarters basis. First time financings in 2013 represented 33% of deals and 17% of dollars, compared to 33% and 16% in 2012. Consequently, first time financings increased 3% by deals and 14% by dollars year on year.
February 5, 2014 - The 10 year time horizon of the US Venture Capital Index ® by Cambridge Associates LLC continued its improvement in Q3 2013 to 8.58%, approximately one point higher than the three major public indices. While shorter-term performance slightly lags the public indices, longer-term performance significantly exceeds the public markets. As expected, the Late Stage US Venture Capital Index outperforms the Early Stage Index in the shorter hold periods, while the Early Stage Index outperforms over the longer time horizons.
January 22, 2014 - In Q4 2013, 49 US venture capital funds raised $4.9B. While this was the strongest quarter by dollars raised since Q3 2012, 2013 was the weakest annual fundraising period since 2010. Number of funds raised fell 11% from 2012, while dollars raised fell 15%. Average fund size also dropped 4% to $90MM.
January 22, 2014 - In Q4 2013, there were 81 venture backed M&A transactions with $5.3B in disclosed deal value. While disclosed deal value increased this quarter, the number of transactions and total disclosed deal value are down 23% and 35%, respectively, over 2012. However, disclosed deal value is highly dependent on the mix of M&A deals disclosed and the number of deals disclosed is similarly down 31% from 2012.
October 29, 2013 - There were 1,005 venture capital deals in the US in Q3 2013 totaling $7.8B. This continued a quarter on quarter increase in both deals and dollars and also represents a 2% increase in number of deals and a 4% increase in dollars raised on a rolling four quarters basis. 346 of the deals in Q3 2013 were first time financings, which totaled $1.3B. This represents an increase in both deals and dollars over Q2, but in the same proportion to total deals and dollars raised, at 34% and 16% respectively.