We thought our readers might be interested in the latest update on the venture capital and seed/angel investment business.
A recent report published by PitchBook and NVCA reveals some interesting developments. For example, median pre-money valuation tops $7 million, and Angel/Seed rounds are occurring 2.8 years after company founding on average. AI and machine learning (ML) are getting a lot of the attention—for those of you working in the data analytics space, now is a good time to strike while the iron is hot.
The figures in this report are obviously skewed by the Silicon Valley, Austin, NYC, and Boston ecosystems, but there are plenty of insights that can be useful locally to Hampton Roads startups and investors.
Click here to download the report.
NOTE: The PDF file is 9MB, for those of you keeping track of your mobile data.
Have a story in mind or press release of your own that our regional entrepreneurs and innovators should know about? Let us know!
Stay updated on news and events in the Hampton Roads startup ecosystem…sign up for the StartWheel newsletter!
StartWheel’s mission is to centralize and mobilize efforts that foster the growth of entrepreneurism in our regional innovation economy. We aim to support and cultivate an entrepreneurial network in HRVA where talent, resources, information and leadership come together.