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March 26, 2019 | Publications
2018 PHILADELPHIA VENTURE REPORT
For the fifth year in a row, the Philadelphia MSA venture ecosystem closed in on nearly 200 transactions. However, 2018 set its own record, seeing nearly $1.4 billion invested—eclipsing the prior high of $1.1 billion handily. Median financing sizes also remained relatively healthy as opposed to inflated, signifying a sustainable financing environment. Although larger rounds are occurring more frequently than in the past, as over 60% of all capital invested in the Philly MSA in 2018 was within rounds of $25 million or more, that is more testament to the ecosystem’s ability to produce more mature companies capable of raking in fundings of such size in recent years.