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Massachusetts Saw a Serious Uptick in Series A Deals in Q2 [Data]

Q2 venture capital data from CB Insights leaked Monday and it turns out it was a banner quarter, the best in over a decade. What about for Massachusetts? We’re down significantly from a year ago.

But the data’s not all bad for the Commonwealth. Here are a few key findings from CB Insights’ report:

  • Deal activity remains consistent with Q1 2012, but funding increases 18%. YoY, deals and dollars have gone down 18% and 33%, respectively.
  • Healthcare barely maintains top position in funding share, but internet convincingly leads Massachusetts in deal share. Meanwhile, Energy easily retains its #3 spot in terms of funding.
  • Healthcare, which took at least half of VC dollars over the previous four quarters, falls dramatically. Internet and mobile both hit 5 quarter deal and funding highs.
  • On the back of a strong quarter for Series A, early stage deals rise to a five quarter high in deal share.

Here’s a deeper look at the data:


I’m particularly encouraged by the surge in early stage activity. And remember, that’s just Q2, meaning up through June. In the last couple of weeks we’ve seen:

And that’s just a quick flip through our archive – I know there are ones I’ve missed. Sure, some of that is probably going to be offset by a slow August, but still.

Despite the fact that overall funding levels are down from a year ago, there are some positive signs.

from BostInno http://bostinno.com/2012/07/18/massachusetts-saw-a-serious-uptick-in-series-a...