State of Fintech

GLOBAL TRENDS

Investment Trends
Annual Equity Funding & Deals
Quarterly Equity Funding & Deals
Current Quarter Funding & Deals By Global Region
Percent of Quarterly Deals By Global Region
Percent of Quarterly Deals By Investor Group
Annual Average & Median Deal Size
Annual Median Deal Size By Global Region
Annual Median Deal Size By Investor Group
Quarterly Funding & Deals From Mega-Rounds (Deals Worth $100M+)
Current Quarter Mega-Round Funding & Deals By Global Region
Quarterly Mega-Round Deals By Global Region
Quarterly Mega-Rounds As Percent Of Funding
Current Quarter Top Equity Deals
Annual Percent Of Deals By Deal Stage
Current Quarter Regional Deal Share By Deal Stage
Annual Median Funding By Deal Stage
Current Quarter Top Seed/Angel Deals
Current Quarter Top Series A Deals
Current Quarter Top Series B Deals
Current Quarter Top Series C Deals
Current Quarter Top Series D Deals
Current Quarter Top Series E+ Deals

Unicorns
Quarterly New & Total Unicorns (Private Companies Valued At $1B+)
Current Quarter New & Total Unicorns By Global Region
Quarterly New Unicorns By Global Region
Current Quarter Top Unicorn Births
Current Quarter Top Unicorns By Valuation

Exit Trends
Quarterly Exits
Percent of Quarterly Exits by Global Region
Current Quarter Top M&A Exits
Current Quarter Top IPOs
Current Quarter Top SPACs

Investors
Current Quarter Top Investors By Company Count
Current Quarter Top VCs By Company Count
Current Quarter Top Corporate VCs (CVCs) By Company Count

COLLECTION SPOTLIGHTS

Payments
Quarterly Equity Funding & Deals
Current Quarter Funding & Deals By Global Region
Quarterly Funding By Global Region
Annual Average & Median Deal Size
Annual Percent Of Deals By Deal Stage
Current Quarter Top Equity Deals
Quarterly New & Total Unicorns
Quarterly Exits

Banking
Quarterly Equity Funding & Deals
Current Quarter Funding & Deals By Global Region
Quarterly Funding By Global Region
Annual Average & Median Deal Size
Annual Percent Of Deals By Deal Stage
Current Quarter Top Equity Deals
Quarterly New & Total Unicorns
Quarterly Exits

Digital Lending
Quarterly Equity Funding & Deals
Current Quarter Funding & Deals By Global Region
Quarterly Funding By Global Region
Annual Average & Median Deal Size
Annual Percent Of Deals By Deal Stage
Current Quarter Top Equity Deals
Quarterly New & Total Unicorns
Quarterly Exits
Wealth Tech
Quarterly Equity Funding & Deals
Current Quarter Funding & Deals By Global Region
Quarterly Funding By Global Region
Annual Average & Median Deal Size
Annual Percent Of Deals By Deal Stage
Current Quarter Top Equity Deals
Quarterly New & Total Unicorns
Quarterly Exits

Insurtech
Quarterly Equity Funding & Deals
Current Quarter Funding & Deals By Global Region
Quarterly Funding By Global Region
Annual Average & Median Deal Size
Annual Percent Of Deals By Deal Stage
Current Quarter Top Equity Deals
Quarterly New & Total Unicorns
Quarterly Exits

Capital Markets Tech

Quarterly Equity Funding & Deals
Current Quarter Funding & Deals By Global Region
Quarterly Funding By Global Region
Annual Average & Median Deal Size
Annual Percent Of Deals By Deal Stage
Current Quarter Top Equity Deals
Quarterly New & Total Unicorns
Quarterly Exits

GEOGRAPHIC TRENDS

US Trends
Quarterly Funding & Deals
Annual Percent Of Deals By Deal Stage
Current Quarter Top Equity Deals
Quarterly Exits
Current Quarter Top Investors By Company Count

Silicon Valley
Quarterly Funding & Deals
Annual Percent Of Deals By Deal Stage
Current Quarter Top Equity Deals

New York
Quarterly Funding & Deals
Annual Percent Of Deals By Deal Stage
Current Quarter Top Equity Deals

Asia Trends
Quarterly Funding & Deals
Annual Percent Of Deals By Deal Stage
Current Quarter Top Equity Deals
Quarterly Exits
Current Quarter Top Investors By Company Count

India
Quarterly Funding & Deals
Annual Percent Of Deals By Deal Stage
Current Quarter Top Equity Deals

Singapore
Quarterly Funding & Deals
Annual Percent Of Deals By Deal Stage
Current Quarter Top Equity Deals

Japan
Quarterly Funding & Deals
Annual Percent Of Deals By Deal Stage
Current Quarter Top Equity Deals

Europe Trends
Quarterly Funding & Deals
Annual Percent Of Deals By Deal Stage
Current Quarter Top Equity Deals
Quarterly Exits
Current Quarter Top Investors By Company Count

United Kingdom
Quarterly Funding & Deals
Annual Percent Of Deals By Deal Stage
Current Quarter Top Equity Deals
France
Quarterly Funding & Deals
Annual Percent Of Deals By Deal Stage
Current Quarter Top Equity Deals

LatAm Trends
Quarterly Funding & Deals
Annual Percent Of Deals By Deal Stage
Current Quarter Top Equity Deals
Quarterly Exits
Current Quarter Top Investors By Company Count

Brazil
Quarterly Funding & Deals
Annual Percent Of Deals By Deal Stage
Current Quarter Top Equity Deals

Africa Trends
Quarterly Funding & Deals
Annual Percent Of Deals By Deal Stage
Current Quarter Top Equity Deals
Quarterly Exits
Current Quarter Top Investors By Company Count

Oceania Trends
Quarterly Funding & Deals
Annual Percent Of Deals By Deal Stage
Current Quarter Top Equity Deals
Quarterly Exits
Current Quarter Top Investors By Company Count
Annual Equity Funding & Deals

2024
2020 2021 2022 2023 YTD
Funding $54.4B $143.8B $80.7B $41.5B $24.6B
Deals 4,258 6,614 6,515 4,248 2,671

Quarterly Equity Funding & Deals

2020 2021
Q1 Q2 Q3 Q4 Q1
Funding $13.2B $13.2B $13.7B $14.2B $30.2B
Deals 1,114 905 1,019 1,220 1,622

Current Quarter Funding & Deals By Global Region

Funding Deals
US $3.5B 294
Asia $1.4B 175
Europe $1.5B 163
LatAm $0.4B 56
Africa $0.3B 21
Oceania $99.9M 19
Canada $38.4M 13
All Other
Regions $75.0M 12

Percent of Quarterly Deals By Global Region

2020 2021
Q1 Q2 Q3 Q4 Q1
US 40% 38% 38% 38% 38%
Asia 22% 24% 24% 23% 22%
Europe 25% 24% 23% 25% 24%
LatAm 6% 5% 7% 5% 6%
Canada 3% 2% 3% 2% 3%
Africa 3% 4% 4% 4% 4%
Oceania 1% 2% 1% 2% 2%
All Other
Regions 0% 0% 1% 1% 1%

Percent of Quarterly Deals By Investor Group

2020 2021
Q1 Q2 Q3 Q4 Q1
VC 31% 33% 33% 33% 33%
Other 18% 18% 17% 19% 16%
Angel 9% 11% 11% 11% 11%
Corp 8% 9% 9% 9% 8%
Asset/
Investment
Manageme
nt 7% 8% 9% 9% 10%
CVC 8% 8% 7% 7% 7%
Incubator/
Accelerator 13%
Private 5% 8% 7% 10%
Equity 5% 6% 5% 5% 6%

Annual Average & Median Deal Size

2024
2020 2021 2022 2023 YTD
Average
Deal Size $17.3M $28.0M $16.4M $13.2M $12.7M
Median
Deal Size $3.0M $4.4M $3.7M $3.0M $4.0M

Annual Median Deal Size By Global Region

2024
2020 2021 2022 2023 YTD
US $4.0M $5.4M $5.0M $3.7M $4.4M
Asia $3.3M $4.0M $3.0M $3.0M $3.8M
Europe $3.0M $3.6M $3.4M $2.7M $3.3M
LatAm $2.0M $3.0M $1.8M $1.6M $2.7M
Canada $1.4M $4.1M $2.4M $2.9M $3.0M
Africa $0.6M $1.0M $1.0M $0.5M $2.1M
Oceania $3.9M $4.0M $3.8M $1.9M $3.3M

Annual Median Deal Size By Investor Group

2024
2020 2021 2022 2023 YTD
Angel $3.1M $4.4M $4.0M $3.5M $3.1M
Asset/
Investment
Manageme
nt $13.0M $14.8M $10.0M $6.5M $6.0M
CVC $13.5M $16.3M $10.0M $7.6M $8.2M
Corp
Private $6.3M $6.5M $6.1M $5.1M $5.0M
Equity $22.5M $44.0M $25.0M $15.0M $15.0M
VC $8.0M $10.0M $7.4M $5.8M $6.0M

Quarterly Funding & Deals From Mega-Rounds (Deals Worth $100M+

2020 2021
Q1 Q2 Q3 Q4 Q1
Funding $7.4B $6.7B $7.4B $6.0B $19.3B
Deals 26 34 31 34 75

Current Quarter Mega-Round Funding & Deals By Global Region

Funding Deals
US $1.4B 9
Europe $0.5B 4
Asia $0.4B 2
Africa $0.2B 1
LatAm $0.1B 1
Quarterly Mega-Round Deals By Global Region

2020 2021
Q1 Q2 Q3 Q4 Q1
US 13 21 17 18 47
Asia 3 4 7 8 9
Europe 8 4 3 3 14
LatAm 2 3 4 4 2
Canada 0 0 0 0 1
Africa 0 0 0 0 0
Oceania 0 2 0 1 2
All Other
Regions 0 0 0 0 0

Quarterly Mega-Rounds As Percent Of Funding

2020 2021
Mega- Q1 Q2 Q3 Q4 Q1
rounds 56% 51% 54% 42% 64%
Non-mega-
rounds 44% 49% 46% 58% 36%

Annual Percent Of Deals By Deal Stage

2024
2020 2021 2022 2023 YTD
Early-stage 67% 70% 74% 74% 71%
Mid-stage 13% 13% 10% 9% 11%
Late-stage 10% 10% 8% 7% 9%
Other 10% 7% 9% 9% 9%

Current Quarter Regional Deal Share By Deal Stage

 US Asia Europe LatAm Canada
Early-stage 35% 24% 24% 8% 2%
Mid-stage 47% 24% 22% 3% 1%
Late-stage 31% 30% 21% 9% 1%
Other 63% 12% 9% 7% 4%

Annual Median Funding By Deal Stage

2024
2020 2021 2022 2023 YTD
Early-stage $2.0M $2.5M $2.5M $2.2M $3.0M
Mid-stage $21.6M $38.0M $31.8M $20.0M $20.0M
Late-stage $43.0M $96.0M $50.0M $35.0M $30.0M
 2022
Q2 Q3 Q4 Q1 Q2 Q3 Q4
$38.2B $36.9B $38.4B $32.7B $22.5B $14.2B $11.3B
1,564 1,697 1,731 2,106 1,627 1,498 1,284

2022
Q2 Q3 Q4 Q1 Q2 Q3 Q4
40% 39% 36% 36% 38% 39% 36%
22% 24% 25% 24% 21% 23% 22%
23% 20% 21% 21% 24% 22% 24%
6% 7% 7% 8% 7% 8% 8%
2% 3% 3% 3% 3% 2% 3%
2% 3% 4% 5% 4% 3% 4%
2% 3% 2% 2% 1% 2% 2%

1% 1% 1% 1% 1% 1% 1%

2022
Q2 Q3 Q4 Q1 Q2 Q3 Q4
32% 31% 31% 31% 31% 31% 32%
15% 14% 16% 14% 16% 16% 17%
13% 12% 13% 12% 14% 12% 12%
10% 10% 10% 9% 9% 9% 10%

11% 11% 12% 11% 11% 10% 9%

8% 8% 8% 8% 8% 9% 8%

6% 8% 6% 10% 7% 10% 8%
5% 6% 5% 5% 4% 5% 4%
als Worth $100M+)

2022
Q2 Q3 Q4 Q1 Q2 Q3 Q4
$25.7B $23.2B $24.8B $18.3B $10.1B $4.7B $4.2B
102 110 96 85 57 20 25

Global Region
 2022
Q2 Q3 Q4 Q1 Q2 Q3 Q4
50 47 49 42 27 6 8
17 21 18 13 10 8 8
19 19 19 23 13 6 5
12 12 6 3 5 0 2
3 4 1 2 1 0 1
0 4 1 0 1 0 0
1 2 1 1 0 0 1

0 1 1 1 0 0 0

2022
Q2 Q3 Q4 Q1 Q2 Q3 Q4
67% 63% 64% 56% 45% 33% 37%

33% 37% 36% 44% 55% 67% 63%

 All Other
Africa Oceania Regions
4% 2% 2%
1% 2% 1%
1% 6% 0%
1% 3% 1%
2023 2024
Q1 Q2 Q3 Q4 Q1 Q2 Q3
$16.2B $8.5B $7.9B $8.9B $7.6B $9.7B $7.3B
1,349 1,077 964 858 1,026 892 753

2023 2024
Q1 Q2 Q3 Q4 Q1 Q2 Q3
42% 38% 43% 38% 41% 39% 39%
18% 20% 20% 20% 24% 24% 23%
24% 26% 23% 26% 23% 23% 22%
6% 6% 4% 7% 5% 4% 7%
2% 2% 2% 3% 2% 3% 2%
4% 4% 5% 3% 2% 3% 3%
2% 2% 1% 2% 1% 2% 3%

1% 2% 1% 1% 2% 2% 2%

2023 2024
Q1 Q2 Q3 Q4 Q1 Q2 Q3
31% 32% 31% 31% 29% 30% 29%
16% 17% 19% 18% 17% 18% 20%
12% 12% 12% 12% 11% 12% 12%
10% 8% 9% 11% 11% 11% 11%

9% 9% 10% 11% 11% 11% 10%

7% 8% 9% 8% 9% 9% 7%

12% 8% 7% 6% 8% 7% 6%
4% 4% 4% 4% 4% 4% 5%
2023 2024
Q1 Q2 Q3 Q4 Q1 Q2 Q3
$9.2B $2.1B $2.7B $3.7B $1.8B $4.0B $2.6B
16 14 16 14 11 20 17
2023 2024
Q1 Q2 Q3 Q4 Q1 Q2 Q3
6 7 7 5 4 11 9
6 3 6 4 1 3 2
2 3 2 3 5 3 4
0 0 1 1 0 2 1
1 0 0 0 0 0 0
1 0 0 0 1 0 1
0 0 0 1 0 1 0

0 1 0 0 0 0 0

2023 2024
Q1 Q2 Q3 Q4 Q1 Q2 Q3
57% 25% 34% 41% 23% 42% 36%

43% 75% 66% 59% 77% 58% 64%

Current Quarter Top Equity Deals

Round Round
Company Amount Date
Undisclosed
1 DMI Finance $334.0M 2024-08-22
Series F
2 Human Interest $242.0M 2024-07-17
Series C
3 Altana AI $200.0M 2024-07-29
Series B
3 Earned Wealth $200.0M 2024-07-10
Series F
5 Alan $193.0M 2024-09-20
Series E
6 MNT Halan $158.0M 2024-07-20
Series C
7 Bilt Rewards $150.0M 2024-08-02
Series D
8 Aven $142.0M 2024-07-17
Series A
9 Zing Health $140.0M 2024-09-25
Series C
10 Akur8 $120.0M 2024-09-16
Series G
10 CloudPay $120.0M 2024-08-08
Undisclosed
10 ParaFi Capital $120.0M 2024-08-29

Current Quarter Top Seed/Angel Deals

Round Round
Company Amount Date
Seed VC
1 WSPN $30.0M 2024-08-16
Angel
1 Yubi $30.0M 2024-08-26
Seed VC
3 Centricity $20.0M 2024-09-12
 Seed VC
4 NPC Labs $18.0M 2024-07-22
Seed VC
5 FlexCharge $17.0M 2024-07-11
Seed VC
6 Lombard $16.0M 2024-07-02
Seed VC
7 Jet HR $13.0M 2024-09-24
Seed VC
7 lemon.markets $13.0M 2024-07-11
Seed VC
9 Affiniti $10.0M 2024-07-22
Angel
9 InvestorAi $10.0M 2024-08-21
Seed VC
9 Vessel $10.0M 2024-08-08
Seed VC
9 Yellow Network $10.0M 2024-09-17

Current Quarter Top Series A Deals

Round Round
Company Amount Date
Series A
1 Zing Health $140.0M 2024-09-25
Series A
2 DeCurret $45.0M 2024-09-12
Series A
3 Bridge $40.0M 2024-08-29
Series A
3 NALA $40.0M 2024-07-09
Series A
3 Novatus Global $40.0M 2024-09-12
Series A
6 Thatch $38.0M 2024-09-05
Series A
7 Sahara AI $37.0M 2024-08-14
Series A
8 Neat $33.0M 2024-09-10
Series A
9 Sokin $31.0M 2024-07-24
Current Quarter Top Series B Deals

Round Round
Company Amount Date
Series B
1 Earned Wealth $200.0M 2024-07-10
Series B
2 Partior $60.0M 2024-07-12
Series B
3 FINBOURNE Technology $59.0M 2024-09-10
Series B
4 DoorLoop $52.0M 2024-09-19
Series B
5 Finally $50.0M 2024-09-09
Series B
5 SDAX $50.0M 2024-09-10
Series B
7 Coast $40.0M 2024-07-19
Series B
7 Menusifu $40.0M 2024-09-21
Series B
9 Qantev $34.0M 2024-09-27
Series B
10 Auxilo $33.0M 2024-07-15

Current Quarter Top Series C Deals

Round Round
Company Amount Date
Series C
1 Altana AI $200.0M 2024-07-29
Series C
2 Bilt Rewards $150.0M 2024-08-02
Series C
3 Akur8 $120.0M 2024-09-16
Series C
4 Valon $70.0M 2024-08-30
Series C
5 Cowbell Cyber $60.0M 2024-07-26
 Series C
5 Form3 $60.0M 2024-09-10
Series C
7 Gradient AI $56.0M 2024-07-09
Series C
8 Canoe Intelligence $36.0M 2024-07-09
Series C
9 FlexiLoans $35.0M 2024-09-10
Series C
10 InDebted $34.0M 2024-09-24

Current Quarter Top Series D Deals

Round Round
Company Amount Date
Series D
1 Aven $142.0M 2024-07-17
Series D
2 M2P $102.0M 2024-09-24
Series D
3 Shift $24.0M 2024-08-26
Series D
4 Drip Capital $23.0M 2024-09-05
Series D
5 HomeLight $20.0M 2024-08-26
Series D
5 Vayana Network $20.0M 2024-07-30

Current Quarter Top Series E+ Deals

Round Round
Company Amount Date
Series F
1 Human Interest $242.0M 2024-07-17
Series F
2 Alan $193.0M 2024-09-20
Series E
3 MNT Halan $158.0M 2024-07-20
Series G
4 CloudPay $120.0M 2024-08-08
 Series E
5 Devoted Health $112.0M 2024-08-02
Series E
6 Octane $50.0M 2024-08-06
Series E
7 Neon $37.0M 2024-08-01
Series E
8 Amount $30.0M 2024-08-15
Series G
8 Aye $30.0M 2024-09-20
Series G
10 axio $20.0M 2024-08-22
Series F
10 eMaxx $20.0M 2024-09-25
Round Valuation

$3.0B

$1.3B

$1.0B

N/A

$4.5B

N/A

$3.3B

$1.0B

N/A

N/A

N/A

N/A

Select Investors
Folius Ventures, Foresight Ventures, Generative
Ventures, Hash Global, Redpoint Ventures China

Gaurav Kumar
Lightspeed India Partners, Burman Family Holdings,
Shantanu Agarwal, Action Tesa Family Office
Pantera Capital, Bitscale Capital, Collab+Currency,
Hashed, Makers Fund

Bessemer Venture Partners, Moneta VC

Polychain Capital, BabylonChain, Foresight Ventures,
Franklin Templeton, HTX Ventures
Picus Capital, David Clarke, Diego Piacentini, Italian
Founders Fund, 2100 Ventures
CommerzVentures, Creandum, Lakestar, System.One,
Heliad Equity Partners

Indicator Ventures

Ashish Kacholia
Sequoia Capital, Avalanche, Folius Ventures, IMO
Ventures, Incuba Alpha
Chris Larsen, Consensys, GSR Ventures, Gate Labs,
MATH Venture Partners

Select Investors
CRG, First Trust Capital Partners, Health2047 Capital
Partners, Newlight Partners, Town Hall Ventures
ABeam Consulting, Fujitsu, GMO Financial Holdings,
Hitachi, Internet Initiative Japan

Ribbit Capital, Sequoia Capital, Coinbase, SpaceX

Acrew Capital, DST Global, Amplo, HOF Capital,
Norrsken22

Silversmith Capital Partners, Maven Capital Partners

General Catalyst, Index Ventures, Andreessen
Horowitz, Avid Ventures, SemperVirens
Binance Labs, Pantera Capital, Polychain Capital,
Alumni Ventures, Canonical Crypto
Hedosophia, Mundi Ventures, Athletico Ventures, ETFS
Capital
Morgan Stanley Expansion Capital, Rio Ferdinand,
Aurum Partners, Gary Marino, Mark Britto
Select Investors
Silversmith Capital Partners, Summit Partners, Breyer
Capital, Hudson Structured Capital Management,
Juxtapose
Peak XV Partners, DBS Bank, Standard Chartered,
Temasek, J.P. Morgan

CommerzVentures, HSBC

Undisclosed Investors

PeakSpan Capital

Muscat Precious Metals Refining

ICONIQ Growth, Accel, Insight Partners, Avid Ventures,
Vesey Ventures
Amino Capital, Challenjers Venture, EGP Venture
Capital, Lingfeng Capital, Grandview Capital
Management
Blossom Capital, Elaia Partners, Omnes Capital, RAISE
Ventures
LeapFrog Investments, Trifecta Capital Advisors,
Xponentia Capital

Select Investors
US Innovative Technology Fund, Activate Capital,
Google Ventures, OMERS Ventures, Floating Point
Group
Ontario Teachers', University of Illinois Foundation,
Vanderbilt University

One Peak Partners, Guidewire Software, Partners Group

Andreessen Horowitz, Ribbit Capital

Holmes Murphy, Nyca Partners, Permira, PruVen
Capital, Zurich Insurance Group
British Patient Capital, 83North, Barclays Bank,
Goldman Sachs Asset Management, Mastercard
Centana Growth Partners, Forte Ventures, MassMutual
Ventures, Sandbox Insurtech Ventures, Stone Point
Capital

Goldman Sachs, Eight Roads Ventures, F-Prime Capital

Accion, Maj Invest, Fundamentum, Nuveen

AirTree Ventures, Carthona Capital, Perennial, Premier
Capital Partners, Reinventure Capital

Round Valuation

$1.0B

$783.6M

N/A

N/A

N/A

N/A

Round Valuation

$1.3B

$4.5B

N/A

N/A
N/A

N/A

N/A

N/A

N/A

N/A

N/A
Select Investors Country

Bank of Tokyo-Mitsubishi UFJ India

Baillie Gifford, Marshall Wace Asset Management United States

US Innovative Technology Fund, Activate Capital, Google
Ventures, OMERS Ventures, Floating Point Group United States
Silversmith Capital Partners, Summit Partners, Breyer
Capital, Hudson Structured Capital Management, Juxtapose United States

Belfius Bank, Coatue, Lakestar, Ontario Teachers', Temasek France

Apis Partners, Development Partners International, Lorax
Capital, GB Corp, Lunate Egypt
Ontario Teachers', University of Illinois Foundation,
Vanderbilt University United States
General Catalyst, Khosla Ventures, Caffeinated Capital,
Electric Capital, Founders Fund United States
CRG, First Trust Capital Partners, Health2047 Capital
Partners, Newlight Partners, Town Hall Ventures United States

One Peak Partners, Guidewire Software, Partners Group France

Blue Owl Capital, Olayan Group, Rho Capital Partners,
Hollyport Capital United Kingdom

Accolade Partners, Theta Capital Management United States

Country

Singapore

India

India
United States

United States

United States

Italy

Germany

United States

India

United States

Seychelles

Country

United States

Japan

United States

Kenya

United Kingdom

United States

Cayman Islands

France

United Kingdom
Country

United States

Singapore

United Kingdom

United States

United States

Singapore

United States

United States

France

India

Country

United States

United States

France

United States

United States
United Kingdom

United States

United States

India

Australia

Select Investors Country

General Catalyst, Khosla Ventures, Caffeinated Capital,
Electric Capital, Founders Fund United States
Helios Investment Partners, Taj Investment, Flourish
Ventures India

Peak XV Partners Australia

GMO Payment Gateway, Sumitomo Mitsui Banking United States

Zeev Ventures, Menlo Ventures, Stereo Capital United States

SMBC Asia Rising Fund, Chiratae Ventures, International
Finance Corporation, Jungle Ventures, Emerald Asset
Management India

Select Investors Country

Baillie Gifford, Marshall Wace Asset Management United States

Belfius Bank, Coatue, Lakestar, Ontario Teachers', Temasek France

Apis Partners, Development Partners International, Lorax
Capital, GB Corp, Lunate Egypt
Blue Owl Capital, Olayan Group, Rho Capital Partners,
Hollyport Capital United Kingdom
The Space Between, Cox Enterprises, White Road
Investments United States

Valar Ventures, Upper90 United States

Undisclosed Investors Brazil

Curql, Goldman Sachs, Hanaco Ventures, QED Investors,
WestCap United States

ABC Impact, British International Investment India

Amazon India

Undisclosed Investors United States

% of Total Funding

4.6%

3.3%

2.8%

2.8%

2.7%

2.2%

2.1%

2.0%

1.9%

1.7%

1.7%

1.7%
Quarterly New & Total Unicorns (Private Companies Valued At $1B+

2020 2021
New Q1 Q2 Q3 Q4 Q1 Q2
Unicorns
Total 6 3 9 13 35 48
Unicorns 103 106 111 122 151 181

Current Quarter New & Total Unicorns By Global Region

Total New
Unicorns Unicorns
US 169 2
Canada 8 0
Oceania 2 0
Europe 66 0
LatAm 22 0
Africa 4 0
Asia 54 0

Quarterly New Unicorns By Global Region

2020 2021
Q1 Q2 Q3 Q4 Q1 Q2
US 4 2 4 8 23 27
Asia 1 0 3 1 3 8
Europe 0 1 1 0 8 9
LatAm 1 0 1 3 0 2
Canada 0 0 0 0 1 2
Africa 0 0 0 0 0 0
Oceania 0 0 0 1 0 0
All Other
Regions 0 0 0 0 0 0
Valued At $1B+)

2022 2023
Q3 Q4 Q1 Q2 Q3 Q4 Q1
46 34 39 21 6 6 2
218 242 278 297 303 307 308

2022 2023
Q3 Q4 Q1 Q2 Q3 Q4 Q1
23 18 21 10 3 2 0
6 8 3 4 2 1 0
8 6 11 3 0 3 1
4 1 2 3 1 0 0
2 1 2 0 0 0 0
2 0 0 1 0 0 1
0 0 0 0 0 0 0

1 0 0 0 0 0 0
 2024
Q2 Q3 Q4 Q1 Q2 Q3
3 3 8 7 3 2
309 309 316 322 323 325

2024
Q2 Q3 Q4 Q1 Q2 Q3
2 2 3 1 2 2
0 1 3 4 0 0
1 0 0 2 1 0
0 0 1 0 0 0
0 0 0 0 0 0
0 0 0 0 0 0
0 0 1 0 0 0

0 0 0 0 0 0
Current Quarter Top Unicorn Births
Latest
Company Valuation Country
1 Altana AI $1.0B United States
1 Aven $1.0B United States

Current Quarter Top Unicorns By Valuation

Latest
Company Valuation Country
1 Stripe $70.0B United States
2 Revolut $45.0B United Kingdom
3 Chime $25.0B United States
4 Ripple $15.0B United States
5 Rippling
Devoted $13.5B United States
6 Health $12.9B United States
7 Plaid $12.7B United States
8 Brex $12.3B United States
9 Deel $12.0B United States
10 Bolt $11.0B United States
Quarterly Exits

2020 2021
Q1 Q2 Q3 Q4 Q1 Q2
IPO 10 6 14 20 14 34
M&A 142 105 132 193 218 238
SPAC 1 2 0 1 7 3

Percent of Quarterly Exits by Global Region

2020 2021
Q1 Q2 Q3 Q4 Q1 Q2
US 36% 35% 41% 40% 46% 41%
Asia 18% 15% 11% 10% 8% 9%
Europe 35% 37% 31% 31% 33% 34%
LatAm 2% 5% 10% 8% 5% 8%
Canada 5% 4% 3% 7% 5% 4%
Africa 1% 0% 1% 1% 0% 2%
Oceania 3% 4% 3% 3% 3% 2%
All Other
Regions 1% 0% 0% 0% 0% 0%
 2022 2023
Q3 Q4 Q1 Q2 Q3 Q4 Q1
19 35 9 10 5 3 4
234 243 264 184 173 158 181
8 2 4 3 5 1 0

2022 2023
Q3 Q4 Q1 Q2 Q3 Q4 Q1
42% 35% 36% 34% 33% 36% 37%
10% 12% 16% 18% 10% 10% 18%
30% 35% 32% 31% 37% 40% 29%
10% 7% 9% 5% 8% 6% 10%
4% 5% 4% 5% 4% 5% 3%
2% 3% 1% 4% 4% 3% 0%
3% 3% 3% 3% 5% 1% 3%

0% 0% 0% 1% 0% 0% 1%
 2024
Q2 Q3 Q4 Q1 Q2 Q3
5 10 4 7 7 6
146 140 155 161 159 146
1 3 4 1 1 1

2024
Q2 Q3 Q4 Q1 Q2 Q3
39% 36% 31% 33% 35% 37%
15% 18% 17% 13% 17% 16%
31% 30% 34% 38% 33% 35%
7% 8% 8% 7% 7% 4%
2% 1% 5% 2% 3% 3%
3% 3% 3% 2% 2% 2%
2% 3% 0% 5% 2% 3%

1% 1% 2% 0% 1% 1%
Current Quarter Top M&A Exits
Round Acquire
Company Valuation rPaylocit Country
1 Airbase $325.0M y United States
2 TipRanks $200.0M Prytek Israel
Riot
Platform
3 Block Mining $93.0M s
Payonee United States
4 Skuad $81.0M r Singapore
5 Syft $70.0M Xero South Africa
U-Next
6 Netmove $40.0M Holdings Japan
7 obconnect $29.0M PayPoint United Kingdom
Pragma
8 Omnicredit $8.0M GO Romania
Netweal
9 Xeppo $7.0M th Group Australia
Prestige
10 Wealth AI $5.0M Wealth Singapore

Current Quarter Top IPOs

Round Countr
Company Valuation y
United
1 OneStream $4.6B States
United
2 TWFG Insurance $224.0M States

Current Quarter Top SPACs

Select
Round Investo
Company Valuation rs Country
InFinT
CURREN•C Acquisiti
1 Group $400.0M on Singapore
Current Quarter Top Investors By Company Count
Company
Investor Count Investor Group Country
1 OKX Ventures 8 CVC Virgin Islands (British)
1 Robot Ventures 8 VC United States
3 Antler 7 VC Singapore
3 Bankless Ventures 7 CVC United States
3 Binance Labs 7 CVC Malta
3 Manutara Ventures 7 VC United States
7 FJ Labs 6 VC United States
7 HTX Ventures 6 VC Vietnam
7 Mirana Ventures 6 VC Singapore
7 SNZ Capital 6 VC China

Current Quarter Top VCs By Company Count

Company
Investor Count Country
1 Robot Ventures 8 United States
2 Antler 7 Singapore
2 Manutara Ventures 7 United States
4 FJ Labs 6 United States
4 HTX Ventures 6 Vietnam
4 Mirana Ventures 6 Singapore
4 SNZ Capital 6 China

Current Quarter Top Corporate VCs (CVCs) By Company Count

Company
Investor Count Country
1 OKX Ventures 8 Virgin Islands (British)
2 Bankless Ventures 7 United States
2 Binance Labs 7 Malta
4 Saison Capital
UOB Venture 3 Singapore
4 Management 3 Singapore
any Count
Quarterly Equity Funding & Deals

2020 2021
Q1 Q2 Q3 Q4 Q1 Q2
Funding $5.2B $3.1B $4.4B $2.7B $7.3B $10.2B
Deals 214 164 199 187 257 246

Current Quarter Funding & Deals By Global Region

Funding Deals
US $0.5B 32
Europe $0.3B 28
Asia $0.3B 28
LatAm $0.2B 15
Africa $79.7M 5
Oceania $23.8M 3

Quarterly Funding By Global Region

2020 2021
Q1 Q2 Q3 Q4 Q1 Q2
US 33% 32% 38% 32% 34% 41%
Asia 27% 30% 28% 26% 29% 22%
Europe 24% 26% 19% 27% 21% 22%
LatAm 6% 4% 7% 9% 5% 8%
Canada 1% 1% 1% 1% 3% 2%
Africa 6% 2% 6% 4% 5% 3%
Oceania 1% 4% 2% 2% 2% 2%
All Other
Regions 0% 0% 0% 0% 0% 0%

Annual Average & Median Deal Size

 2024
2020 2021 2022 2023 YTD
Average
Deal Size $26.3M $40.7M $23.7M $30.5M $16.0M
Median
Deal Size $4.3M $6.5M $4.3M $4.4M $5.0M

Annual Percent Of Deals By Deal Stage

2024
2020 2021 2022 2023 YTD
Early-stage 66% 63% 70% 71% 64%
Mid-stage 13% 18% 13% 12% 15%
Late-stage 13% 14% 9% 9% 14%
Other 8% 6% 8% 7% 7%

Quarterly New & Total Unicorns

2020 2021
New Q1 Q2 Q3 Q4 Q1 Q2
Unicorns
Total 4 1 3 3 12 13
Unicorns 39 40 42 45 56 62

Quarterly Exits

2020 2021
Q1 Q2 Q3 Q4 Q1 Q2
IPO 2 2 1 2 2 7
M&A 41 7 9 18 29 32
SPAC 1 0 0 0 1 2
 2022 2023
Q3 Q4 Q1 Q2 Q3 Q4 Q1
$9.7B $11.3B $8.7B $5.2B $4.0B $3.0B $8.2B
339 334 390 298 215 216 194

2022 2023
Q3 Q4 Q1 Q2 Q3 Q4 Q1
38% 32% 35% 34% 40% 33% 39%
26% 27% 27% 25% 24% 25% 16%
19% 20% 15% 23% 18% 19% 21%
9% 9% 10% 8% 10% 11% 11%
2% 2% 4% 1% 3% 3% 2%
4% 6% 6% 7% 4% 7% 7%
2% 2% 3% 2% 1% 2% 4%

0% 1% 0% 0% 0% 0% 0%
 2022 2023
Q3 Q4 Q1 Q2 Q3 Q4 Q1
10 12 11 7 4 3 0
67 74 85 91 95 98 98

2022 2023
Q3 Q4 Q1 Q2 Q3 Q4 Q1
5 7 1 1 0 0 0
16 15 17 11 17 11 11
0 1 0 0 2 0 0
 2024
Q2 Q3 Q4 Q1 Q2 Q3
$1.9B $1.2B $3.3B $1.2B $2.2B $1.4B
178 96 127 150 133 111

2024
Q2 Q3 Q4 Q1 Q2 Q3
35% 44% 31% 36% 36% 29%
22% 22% 19% 23% 26% 25%
25% 18% 27% 26% 22% 25%
7% 5% 13% 7% 7% 14%
2% 4% 5% 2% 2% 0%
7% 5% 4% 3% 6% 5%
0% 1% 1% 1% 2% 3%

1% 1% 0% 1% 0% 0%
 2024
Q2 Q3 Q4 Q1 Q2 Q3
0 0 3 1 0 0
97 97 99 100 99 99

2024
Q2 Q3 Q4 Q1 Q2 Q3
0 3 1 1 1 0
12 14 9 10 15 13
0 0 0 0 1 1
Current Quarter Top Equity Deals

Round Round
Company Amount Date Round Valuation
Bilt Series C
1 Rewards $150.0M 2024-08-02 $3.3B
Series G
2 CloudPay $120.0M 2024-08-08 N/A
Private Equity
3 Stori $105.0M 2024-08-06 N/A
Series D
4 M2P $102.0M 2024-09-24 $783.6M
Series B
5 Partior $60.0M 2024-07-12 N/A
Venture Capital
5 Payt $60.0M 2024-07-25 N/A
Series B
7 Finally $50.0M 2024-09-09 N/A
Series B
8 Coast $40.0M 2024-07-19 N/A
Series B
8 Menusifu $40.0M 2024-09-21 N/A
Series A
8 NALA $40.0M 2024-07-09 N/A
Select Investors Country % of Total Funding
Ontario Teachers', University of Illinois Foundation,
Vanderbilt University United States 10.6%
Blue Owl Capital, Olayan Group, Rho Capital
Partners, Hollyport Capital United Kingdom 8.5%
BAI Capital, Notable Capital, General Catalyst,
Lightspeed Venture Partners, GIC Mexico 7.4%
Helios Investment Partners, Taj Investment, Flourish
Ventures India 7.2%
Peak XV Partners, DBS Bank, Standard Chartered,
Temasek, J.P. Morgan Singapore 4.3%

Partech Netherlands 4.2%

PeakSpan Capital United States 3.5%

ICONIQ Growth, Accel, Insight Partners, Avid
Ventures, Vesey Ventures United States 2.8%
Amino Capital, Challenjers Venture, EGP Venture
Capital, Lingfeng Capital, Grandview Capital
Management United States 2.8%
Acrew Capital, DST Global, Amplo, HOF Capital,
Norrsken22 Kenya 2.8%
Quarterly Equity Funding & Deals

2020 2021
Q1 Q2 Q3 Q4 Q1 Q2
Funding $2.0B $2.7B $2.4B $2.0B $3.5B $6.5B
Deals 73 67 74 84 107 105

Current Quarter Funding & Deals By Global Region

Funding Deals
Africa $0.2B 1
LatAm $0.1B 2
Asia $0.1B 1
US $84.4M 8
Europe $11.6M 5

Quarterly Funding By Global Region

2020 2021
Q1 Q2 Q3 Q4 Q1 Q2
US 44% 39% 38% 39% 36% 43%
Asia 12% 13% 12% 7% 15% 12%
Europe 25% 31% 30% 35% 29% 24%
LatAm 14% 7% 14% 7% 12% 9%
Canada 1% 0% 1% 2% 2% 2%
Africa 1% 3% 1% 5% 5% 6%
Oceania 3% 6% 4% 2% 1% 4%
All Other
Regions 0% 0% 0% 2% 0% 1%

Annual Average & Median Deal Size

 2024
2020 2021 2022 2023 YTD
Average
Deal Size $35.8M $60.4M $32.5M $16.7M $28.8M
Median
Deal Size $10.4M $12.9M $11.0M $5.2M $10.8M

Annual Percent Of Deals By Deal Stage

2024
2020 2021 2022 2023 YTD
Early-stage 58% 57% 58% 63% 48%
Mid-stage 21% 22% 21% 17% 22%
Late-stage 13% 16% 10% 5% 18%
Other 8% 5% 11% 14% 12%

Quarterly New & Total Unicorns

2020 2021
New Q1 Q2 Q3 Q4 Q1 Q2
Unicorns
Total 0 0 2 2 6 5
Unicorns 17 17 19 21 27 28

Quarterly Exits

2020 2021
Q1 Q2 Q3 Q4 Q1 Q2
IPO 1 0 1 0 0 1
M&A 2 4 5 3 6 11
SPAC 0 0 0 0 2 1
 2022 2023
Q3 Q4 Q1 Q2 Q3 Q4 Q1
$6.2B $5.2B $3.4B $1.6B $1.3B $1.5B $0.8B
103 82 84 66 80 56 63

2022 2023
Q3 Q4 Q1 Q2 Q3 Q4 Q1
31% 24% 32% 36% 36% 36% 44%
17% 21% 15% 11% 18% 16% 10%
29% 23% 29% 27% 24% 25% 33%
12% 20% 12% 11% 8% 14% 2%
2% 2% 1% 6% 1% 2% 0%
5% 6% 7% 6% 10% 5% 6%
4% 2% 2% 3% 4% 2% 2%

1% 1% 1% 0% 0% 0% 3%
 2022 2023
Q3 Q4 Q1 Q2 Q3 Q4 Q1
9 4 3 2 1 0 1
35 37 40 42 43 43 44

2022 2023
Q3 Q4 Q1 Q2 Q3 Q4 Q1
2 3 0 0 0 0 0
7 4 5 5 7 5 4
1 0 1 0 1 0 0
 2024
Q2 Q3 Q4 Q1 Q2 Q3
$0.4B $0.6B $0.6B $1.1B $0.6B $0.5B
40 40 40 45 35 17

2024
Q2 Q3 Q4 Q1 Q2 Q3
40% 45% 35% 29% 51% 47%
8% 15% 13% 16% 9% 6%
40% 28% 25% 33% 29% 29%
5% 8% 15% 9% 6% 12%
0% 0% 3% 4% 0% 0%
0% 5% 8% 9% 0% 6%
8% 0% 3% 0% 3% 0%

0% 0% 0% 0% 3% 0%
 2024
Q2 Q3 Q4 Q1 Q2 Q3
0 0 1 1 0 0
44 44 45 46 46 46

2024
Q2 Q3 Q4 Q1 Q2 Q3
0 0 0 0 1 0
6 3 3 5 3 2
0 0 0 0 0 0
Current Quarter Top Equity Deals

Round Round
Company Amount Date Round Valuation
Series E
1 MNT Halan $158.0M 2024-07-20 N/A
Private Equity
2 Stori $105.0M 2024-08-06 N/A
Series D
3 M2P $102.0M 2024-09-24 $783.6M
Series E
4 Neon $37.0M 2024-08-01 N/A
Series E
5 Amount $30.0M 2024-08-15 N/A
Series A
6 Every $23.0M 2024-09-05 N/A
Series A
7 Comun $22.0M 2024-08-28 N/A
Series C
8 Kompasbank $6.0M 2024-09-06 N/A
Series F
9 Lunar $5.0M 2024-07-23 N/A
Series A
9 ModernFi $5.0M 2024-07-24 N/A
Select Investors Country % of Total Funding
Apis Partners, Development Partners
International, Lorax Capital, GB Corp,
Lunate Egypt 31.7%
BAI Capital, Notable Capital, General
Catalyst, Lightspeed Venture Partners, GIC Mexico 21.1%
Helios Investment Partners, Taj
Investment, Flourish Ventures India 20.5%

Undisclosed Investors Brazil 7.4%

Curql, Goldman Sachs, Hanaco Ventures, United
QED Investors, WestCap States 6.0%
Redpoint Ventures, Base10 Partners, Y
Combinator, Formus Capital, Okta United
Ventures States 4.5%
Redpoint Ventures, Costanoa Ventures, FJ
Labs, South Park Commons, ANIMO United
Ventures States 4.3%

Undisclosed Investors Denmark 1.2%

Undisclosed Investors Denmark 1.1%

United
Curql States 1.0%
Quarterly Equity Funding & Deals

2020 2021
Q1 Q2 Q3 Q4 Q1 Q2
Funding $1.3B $2.2B $2.7B $2.8B $5.8B $7.8B
Deals 117 117 137 126 229 218

Current Quarter Funding & Deals By Global Region

Funding Deals
Asia $0.6B 23
US $0.4B 26
Africa $0.2B 5
LatAm $0.1B 15
Oceania $42.4M 4
Europe $31.1M 10
Canada $8.7M 2

Quarterly Funding By Global Region

2020 2021
Q1 Q2 Q3 Q4 Q1 Q2
US 40% 32% 39% 34% 38% 40%
Asia 27% 37% 24% 22% 26% 21%
Europe 21% 19% 23% 26% 17% 20%
LatAm 8% 9% 7% 7% 10% 9%
Canada 0% 1% 3% 2% 3% 3%
Africa 2% 3% 3% 5% 3% 4%
Oceania 2% 1% 0% 3% 3% 3%
All Other
Regions 0% 0% 1% 1% 0% 0%

Annual Average & Median Deal Size

 2024
2020 2021 2022 2023 YTD
Average
Deal Size $24.0M $36.3M $21.0M $18.9M $16.0M
Median
Deal Size $6.0M $6.0M $5.0M $4.4M $6.0M

Annual Percent Of Deals By Deal Stage

2024
2020 2021 2022 2023 YTD
Early-stage 61% 65% 69% 67% 53%
Mid-stage 19% 15% 14% 11% 23%
Late-stage 12% 13% 8% 9% 13%
Other 8% 7% 10% 13% 10%

Quarterly New & Total Unicorns

2020 2021
New Q1 Q2 Q3 Q4 Q1 Q2
Unicorns
Total 0 1 1 4 8 7
Unicorns 22 23 23 27 33 35

Quarterly Exits

2020 2021
Q1 Q2 Q3 Q4 Q1 Q2
IPO 2 1 4 4 5 4
M&A 5 7 12 8 27 26
SPAC 0 1 0 0 1 2
 2022 2023
Q3 Q4 Q1 Q2 Q3 Q4 Q1
$5.1B $6.6B $5.8B $2.7B $2.3B $1.7B $1.9B
230 208 254 173 172 149 147

2022 2023
Q3 Q4 Q1 Q2 Q3 Q4 Q1
38% 39% 33% 37% 40% 34% 37%
20% 22% 26% 21% 20% 24% 22%
16% 20% 20% 21% 18% 15% 22%
13% 10% 11% 8% 13% 18% 5%
3% 3% 2% 3% 2% 2% 1%
7% 4% 7% 8% 5% 5% 10%
2% 1% 2% 0% 1% 1% 1%

0% 0% 0% 1% 0% 1% 1%
 2022 2023
Q3 Q4 Q1 Q2 Q3 Q4 Q1
6 5 9 2 1 2 1
37 40 48 50 51 53 54

2022 2023
Q3 Q4 Q1 Q2 Q3 Q4 Q1
2 5 0 0 0 0 0
11 18 28 12 14 19 22
3 0 1 0 0 0 0
 2024
Q2 Q3 Q4 Q1 Q2 Q3
$1.4B $1.8B $1.2B $0.9B $0.9B $1.3B
151 88 70 72 96 85

2024
Q2 Q3 Q4 Q1 Q2 Q3
40% 43% 24% 44% 40% 31%
23% 23% 33% 26% 25% 27%
20% 13% 20% 14% 24% 12%
9% 6% 14% 8% 3% 18%
3% 3% 3% 3% 3% 2%
4% 10% 4% 3% 4% 6%
1% 2% 1% 0% 1% 5%

1% 0% 0% 1% 0% 0%
 2024
Q2 Q3 Q4 Q1 Q2 Q3
0 0 2 1 0 1
53 52 53 54 54 55

2024
Q2 Q3 Q4 Q1 Q2 Q3
0 0 0 0 0 0
17 8 6 6 8 11
0 1 0 0 1 0
Current Quarter Top Equity Deals

Round Round
Company Amount Date Round Valuation
DMI Undisclosed
1 Finance $334.0M 2024-08-22 $3.0B
Series E
2 MNT Halan $158.0M 2024-07-20 N/A
Series D
3 Aven $142.0M 2024-07-17 $1.0B
Series D
4 M2P $102.0M 2024-09-24 $783.6M
Series E
5 Octane $50.0M 2024-08-06 N/A
Series E
6 Neon $37.0M 2024-08-01 N/A
Series C
7 FlexiLoans $35.0M 2024-09-10 N/A
Series C
8 InDebted $34.0M 2024-09-24 $250.0M
Series B
9 Auxilo $33.0M 2024-07-15 N/A
Series E
10 Amount $30.0M 2024-08-15 N/A
Series G
10 Aye $30.0M 2024-09-20 N/A
Angel
10 Yubi $30.0M 2024-08-26 N/A
Select Investors Country % of Total Funding

Bank of Tokyo-Mitsubishi UFJ India 24.9%

Apis Partners, Development Partners
International, Lorax Capital, GB Corp, Lunate Egypt 11.7%
General Catalyst, Khosla Ventures,
Caffeinated Capital, Electric Capital, United
Founders Fund States 10.6%
Helios Investment Partners, Taj Investment,
Flourish Ventures India 7.6%
United
Valar Ventures, Upper90 States 3.7%

Undisclosed Investors Brazil 2.7%

Accion, Maj Invest, Fundamentum, Nuveen India 2.6%

AirTree Ventures, Carthona Capital,
Perennial, Premier Capital Partners,
Reinventure Capital Australia 2.6%
LeapFrog Investments, Trifecta Capital
Advisors, Xponentia Capital India 2.5%
Curql, Goldman Sachs, Hanaco Ventures, United
QED Investors, WestCap States 2.2%

ABC Impact, British International Investment India 2.2%

Gaurav Kumar India 2.2%

Quarterly Equity Funding & Deals

2020 2021
Q1 Q2 Q3 Q4 Q1 Q2
Funding $0.9B $2.5B $1.9B $1.2B $5.9B $3.9B
Deals 106 88 122 146 168 179

Current Quarter Funding & Deals By Global Region

Funding Deals
US $0.7B 36
Europe $0.1B 21
Asia $0.1B 22
LatAm $12.9M 2
Canada $10.0M 1
Oceania $2.6M 1

Quarterly Funding By Global Region

2020 2021
Q1 Q2 Q3 Q4 Q1 Q2
US 42% 39% 41% 45% 39% 40%
Asia 21% 18% 20% 20% 25% 24%
Europe 25% 30% 25% 27% 24% 27%
LatAm 3% 5% 4% 0% 4% 2%
Canada 3% 1% 4% 3% 2% 3%
Africa 4% 5% 3% 3% 3% 2%
Oceania 2% 3% 2% 2% 2% 3%
All Other
Regions 0% 0% 0% 0% 0% 0%

Annual Average & Median Deal Size

 2024
2020 2021 2022 2023 YTD
Average
Deal Size $18.4M $27.8M $16.3M $13.9M $13.3M
Median
Deal Size $3.2M $4.0M $3.8M $2.5M $3.8M

Annual Percent Of Deals By Deal Stage

2024
2020 2021 2022 2023 YTD
Early-stage 66% 69% 70% 69% 66%
Mid-stage 16% 13% 9% 10% 16%
Late-stage 9% 10% 10% 10% 11%
Other 9% 8% 12% 11% 7%

Quarterly New & Total Unicorns

2020 2021
New Q1 Q2 Q3 Q4 Q1 Q2
Unicorns
Total 0 1 1 0 4 6
Unicorns 7 8 9 8 12 16

Quarterly Exits

2020 2021
Q1 Q2 Q3 Q4 Q1 Q2
IPO 1 0 0 2 0 5
M&A 8 14 6 18 17 18
SPAC 0 0 0 0 2 1
 2022 2023
Q3 Q4 Q1 Q2 Q3 Q4 Q1
$3.0B $3.6B $3.3B $2.8B $1.5B $1.7B $1.3B
208 200 184 184 154 172 133

2022 2023
Q3 Q4 Q1 Q2 Q3 Q4 Q1
44% 36% 34% 40% 42% 33% 43%
24% 30% 27% 26% 31% 23% 17%
21% 24% 23% 24% 22% 27% 29%
6% 4% 3% 2% 1% 6% 2%
2% 3% 5% 2% 1% 2% 3%
1% 1% 5% 4% 1% 5% 2%
2% 3% 2% 2% 2% 2% 4%

0% 0% 0% 1% 0% 0% 0%
 2022 2023
Q3 Q4 Q1 Q2 Q3 Q4 Q1
5 4 6 1 0 1 1
20 24 30 30 30 31 32

2022 2023
Q3 Q4 Q1 Q2 Q3 Q4 Q1
2 4 0 2 0 0 1
24 14 19 19 22 15 11
2 0 2 1 0 0 0
 2024
Q2 Q3 Q4 Q1 Q2 Q3
$1.0B $0.5B $1.3B $0.6B $0.6B $1.0B
93 50 73 56 99 83

2024
Q2 Q3 Q4 Q1 Q2 Q3
42% 58% 41% 55% 35% 43%
14% 18% 23% 23% 21% 27%
32% 18% 26% 21% 29% 25%
3% 4% 1% 0% 2% 2%
4% 0% 4% 0% 8% 1%
0% 2% 0% 0% 2% 0%
4% 0% 4% 0% 2% 1%

0% 0% 0% 0% 0% 0%
 2024
Q2 Q3 Q4 Q1 Q2 Q3
1 0 1 1 1 0
33 33 34 34 35 35

2024
Q2 Q3 Q4 Q1 Q2 Q3
0 0 0 0 0 0
12 9 12 5 2 13
0 0 0 0 0 0
Current Quarter Top Equity Deals

Round Round
Company Amount Date Round Valuation
Series F
1 Human Interest $242.0M 2024-07-17 $1.3B
Series B
2 Earned Wealth $200.0M 2024-07-10 N/A
Series B
3 FINBOURNE Technology $59.0M 2024-09-10 N/A
Series C
4 Canoe Intelligence $36.0M 2024-07-09 $287.3M
Series A
5 Pencils Protocol $30.0M 2024-09-02 $80.0M
Series A
5 Wealth.com $30.0M 2024-09-16 N/A
Angel
5 Yubi $30.0M 2024-08-26 N/A
Series C
8 Syfe $27.0M 2024-08-13 N/A
Seed VC
9 Centricity $20.0M 2024-09-12 $125.0M
Series B
9 K1X $20.0M 2024-09-10 N/A
Select Investors Country % of Total Funding

Baillie Gifford, Marshall Wace Asset Management United States 25.3%

Silversmith Capital Partners, Summit Partners, Breyer
Capital, Hudson Structured Capital Management,
Juxtapose United States 21.0%

CommerzVentures, HSBC United Kingdom 6.1%

Goldman Sachs, Eight Roads Ventures, F-Prime Capital United States 3.8%
Bing Ventures, Black GM Capital, DepinX, Taisu
Ventures United States 3.1%
Google Ventures, Citi Ventures, Fifty Three Stations,
Firebolt Ventures, Outpost Ventures United States 3.1%

Gaurav Kumar India 3.1%

Unbound, Valar Ventures Singapore 2.8%

Lightspeed India Partners, Burman Family Holdings,
Shantanu Agarwal, Action Tesa Family Office India 2.1%

Edison Partners United States 2.1%

Quarterly Equity Funding & Deals

2020 2021
Q1 Q2 Q3 Q4 Q1 Q2
Funding $1.5B $1.7B $2.9B $2.4B $3.0B $5.1B
Deals 151 139 137 164 209 206

Current Quarter Funding & Deals By Global Region

Funding Deals
US $0.8B 40
Europe $0.5B 17
Asia $43.5M 10
LatAm $13.9M 5
Canada $10.1M 3
Africa $0.1M 2

Quarterly Funding By Global Region

2020 2021
Q1 Q2 Q3 Q4 Q1 Q2
US 60% 50% 47% 49% 50% 44%
Asia 12% 15% 16% 18% 18% 20%
Europe 18% 19% 30% 18% 25% 24%
LatAm 2% 6% 2% 6% 2% 5%
Canada 4% 4% 2% 1% 2% 2%
Africa 3% 4% 1% 6% 1% 2%
Oceania 1% 2% 1% 1% 1% 1%
All Other
Regions 0% 0% 1% 1% 0% 0%

Annual Average & Median Deal Size

 2024
2020 2021 2022 2023 YTD
Average
Deal Size $17.8M $26.0M $15.6M $11.5M $15.8M
Median
Deal Size $4.4M $6.0M $4.5M $4.0M $5.1M

Annual Percent Of Deals By Deal Stage

2024
2020 2021 2022 2023 YTD
Early-stage 67% 65% 71% 65% 63%
Mid-stage 17% 19% 14% 17% 19%
Late-stage 8% 11% 7% 8% 9%
Other 8% 6% 7% 9% 9%

Quarterly New & Total Unicorns

2020 2021
New Q1 Q2 Q3 Q4 Q1 Q2
Unicorns
Total 1 0 1 2 5 9
Unicorns 15 15 15 16 18 25

Quarterly Exits

2020 2021
Q1 Q2 Q3 Q4 Q1 Q2
IPO 1 0 2 1 1 2
M&A 21 6 13 19 17 18
SPAC 0 0 0 1 3 0
 2022 2023
Q3 Q4 Q1 Q2 Q3 Q4 Q1
$3.4B $5.6B $2.7B $2.5B $2.3B $1.2B $1.4B
184 199 205 177 195 135 138

2022 2023
Q3 Q4 Q1 Q2 Q3 Q4 Q1
51% 41% 44% 47% 46% 52% 51%
18% 20% 14% 12% 18% 14% 10%
20% 25% 25% 28% 24% 28% 25%
5% 6% 5% 5% 3% 2% 4%
1% 3% 3% 3% 5% 2% 4%
3% 4% 5% 3% 2% 2% 4%
2% 1% 3% 0% 3% 1% 2%

0% 1% 0% 1% 1% 0% 0%
 2022 2023
Q3 Q4 Q1 Q2 Q3 Q4 Q1
2 5 3 3 0 1 0
27 30 33 36 36 36 36

2022 2023
Q3 Q4 Q1 Q2 Q3 Q4 Q1
0 3 0 0 1 0 0
13 15 25 21 23 14 12
1 0 1 1 1 1 0
 2024
Q2 Q3 Q4 Q1 Q2 Q3
$0.9B $1.1B $1.2B $0.9B $1.4B $1.4B
117 132 108 114 86 77

2024
Q2 Q3 Q4 Q1 Q2 Q3
51% 58% 51% 54% 48% 52%
11% 14% 16% 12% 10% 12%
22% 20% 23% 25% 35% 22%
5% 1% 3% 8% 1% 5%
3% 2% 0% 0% 3% 5%
2% 4% 6% 2% 1% 3%
2% 2% 1% 0% 1% 0%

4% 0% 0% 0% 0% 0%
 2024
Q2 Q3 Q4 Q1 Q2 Q3
0 1 0 0 0 1
36 36 36 36 35 36

2024
Q2 Q3 Q4 Q1 Q2 Q3
0 0 0 0 2 0
17 15 13 6 15 5
0 2 1 0 0 0
Current Quarter Top Equity Deals

Round Round
Company Amount Date Round Valuation
Series C
1 Altana AI $200.0M 2024-07-29 $1.0B
Series F
2 Alan $193.0M 2024-09-20 $4.5B
Series A
3 Zing Health $140.0M 2024-09-25 N/A
Series C
4 Akur8 $120.0M 2024-09-16 N/A
Devoted Series E
5 Health $112.0M 2024-08-02 N/A
Series C
6 Cowbell Cyber $60.0M 2024-07-26 N/A
Series C
7 Gradient AI $56.0M 2024-07-09 N/A
Series A
8 Thatch $38.0M 2024-09-05 N/A
Series B
9 Qantev $34.0M 2024-09-27 N/A
Series A
10 Neat $33.0M 2024-09-10 N/A
Select Investors Country % of Total Funding
US Innovative Technology Fund, Activate Capital,
Google Ventures, OMERS Ventures, Floating Point United
Group States 14.5%
Belfius Bank, Coatue, Lakestar, Ontario Teachers',
Temasek France 14.0%
CRG, First Trust Capital Partners, Health2047 Capital United
Partners, Newlight Partners, Town Hall Ventures States 10.1%
One Peak Partners, Guidewire Software, Partners
Group France 8.7%
The Space Between, Cox Enterprises, White Road United
Investments States 8.1%
Holmes Murphy, Nyca Partners, Permira, PruVen United
Capital, Zurich Insurance Group States 4.3%
Centana Growth Partners, Forte Ventures, MassMutual
Ventures, Sandbox Insurtech Ventures, Stone Point United
Capital States 4.1%
General Catalyst, Index Ventures, Andreessen United
Horowitz, Avid Ventures, SemperVirens States 2.8%
Blossom Capital, Elaia Partners, Omnes Capital, RAISE
Ventures France 2.4%
Hedosophia, Mundi Ventures, Athletico Ventures, ETFS
Capital France 2.4%
Quarterly Equity Funding & Deals

2020 2021
Q1 Q2 Q3 Q4 Q1 Q2
Funding $0.4B $0.5B $0.8B $0.6B $0.7B $1.0B
Deals 45 38 70 59 46 49

Current Quarter Funding & Deals By Global Region

Funding Deals
US $0.1B 11
Europe $95.1M 7
Canada $10.0M 1
Oceania $2.6M 1
LatAm $0.0M 1

Quarterly Funding By Global Region

2020 2021
Q1 Q2 Q3 Q4 Q1 Q2
US 51% 39% 36% 46% 43% 43%
Asia 16% 24% 31% 15% 24% 22%
Europe 27% 26% 20% 29% 30% 20%
LatAm 2% 0% 3% 7% 0% 4%
Canada 4% 3% 3% 0% 0% 2%
Africa 0% 0% 6% 0% 0% 0%
Oceania 0% 8% 1% 3% 2% 8%

Annual Average & Median Deal Size

2024
2020 2021 2022 2023 YTD
Average
Deal Size $16.3M $31.9M $25.7M $18.7M $36.8M
Median
Deal Size $4.4M $6.2M $7.9M $6.0M $9.5M

Annual Percent Of Deals By Deal Stage

2024
2020 2021 2022 2023 YTD
Early-stage 64% 61% 57% 48% 57%
Mid-stage 13% 20% 21% 20% 24%
Late-stage 10% 11% 12% 14% 10%
Other 12% 7% 10% 17% 9%

Quarterly New & Total Unicorns

2020 2021
New Q1 Q2 Q3 Q4 Q1 Q2
Unicorns
Total 0 0 2 1 1 1
Unicorns 2 2 4 5 6 7

Quarterly Exits

2020 2021
Q1 Q2 Q3 Q4 Q1 Q2
IPO 0 0 0 1 0 1
M&A 7 5 5 12 5 7
SPAC 0 0 0 0 1 0
 2022 2023
Q3 Q4 Q1 Q2 Q3 Q4 Q1
$1.5B $2.0B $1.3B $1.5B $1.0B $0.4B $0.6B
51 57 59 49 47 41 55

2022 2023
Q3 Q4 Q1 Q2 Q3 Q4 Q1
49% 53% 44% 53% 34% 32% 45%
16% 21% 14% 16% 13% 12% 15%
27% 19% 27% 27% 40% 37% 33%
2% 2% 3% 2% 6% 5% 2%
4% 0% 7% 0% 2% 5% 2%
0% 0% 2% 0% 4% 2% 0%
2% 5% 3% 2% 0% 7% 4%
 2022 2023
Q3 Q4 Q1 Q2 Q3 Q4 Q1
1 3 2 1 0 1 0
8 10 12 13 13 14 14

2022 2023
Q3 Q4 Q1 Q2 Q3 Q4 Q1
0 3 0 0 0 0 0
15 6 4 4 13 6 12
0 0 1 0 0 0 0
 2024
Q2 Q3 Q4 Q1 Q2 Q3
$0.6B $0.3B $0.2B $0.3B $1.0B $0.3B
24 25 22 23 23 21

2024
Q2 Q3 Q4 Q1 Q2 Q3
58% 48% 36% 52% 52% 52%
13% 20% 18% 26% 9% 0%
13% 24% 32% 17% 26% 33%
4% 0% 9% 4% 9% 5%
4% 8% 5% 0% 0% 5%
0% 0% 0% 0% 0% 0%
8% 0% 0% 0% 4% 5%
 2024
Q2 Q3 Q4 Q1 Q2 Q3
1 0 0 0 0 0
15 14 14 14 14 14

2024
Q2 Q3 Q4 Q1 Q2 Q3
0 0 0 0 1 0
8 5 6 7 10 3
0 0 0 0 0 0
Current Quarter Top Equity Deals

Round Round Round

Company Amount Date Valuation
Private Equity
1 MIAX $100.0M 2024-08-22 N/A
Series B
2 FINBOURNE Technology $59.0M 2024-09-10 N/A
Series C
3 Polly $25.0M 2024-09-10 N/A
Series A
4 bunch $16.0M 2024-07-25 N/A
Series A
5 Apiday $11.0M 2024-07-02 N/A
Undisclosed
6 Boosted.ai $10.0M 2024-08-15 N/A
Series A
6 Primary Portal $10.0M 2024-07-25 N/A
Undisclosed
8 Prometheum $9.0M 2024-09-12 N/A
Series B
9 Flow $6.0M 2024-08-07 N/A
Seed VC
10 Tetrix $5.0M 2024-09-26 N/A
Select Investors Country % of Total Funding

Warburg Pincus United States 39.2%

CommerzVentures, HSBC United Kingdom 23.0%

8VC, Fifth Wall, Khosla Ventures, Menlo
Ventures, Meritech United States 9.8%
FinTech Collective, Cherry Ventures,
Broadhaven Capital Partners, Motive
Ventures Germany 6.1%
Daphni, Revent Ventures, Speedinvest,
AENU, Galion.exe France 4.2%

CIBC Innovation Banking Canada 3.9%

DB1 Ventures, Dutch Founders Fund,
Flow Traders United Kingdom 3.8%

Undisclosed Investors United States 3.7%

Undisclosed Investors United States 2.4%

Innovation Endeavors United States 2.0%

Quarterly Funding & Deals

2020 2021
Q1 Q2 Q3 Q4 Q1 Q2
Funding $5.4B $7.1B $7.0B $7.0B $17.2B $16.1B
Deals 444 347 390 462 624 632

Annual Percent Of Deals By Deal Stage

2024
2020 2021 2022 2023 YTD
Early-stage 63% 65% 69% 71% 67%
Mid-stage 14% 15% 11% 10% 12%
Late-stage 10% 10% 7% 7% 7%
Other 14% 10% 13% 12% 14%

Quarterly Exits

2020 2021
Q1 Q2 Q3 Q4 Q1 Q2
IPO 3 0 4 7 4 12
M&A 51 36 56 78 99 97
SPAC 0 2 0 0 6 3
 2022 2023
Q3 Q4 Q1 Q2 Q3 Q4 Q1
$16.6B $19.7B $15.9B $9.9B $6.1B $4.5B $10.9B
661 629 749 626 588 463 570

2022 2023
Q3 Q4 Q1 Q2 Q3 Q4 Q1
9 8 1 2 2 0 0
94 89 95 64 55 57 68
6 1 3 1 3 0 0
 2024
Q2 Q3 Q4 Q1 Q2 Q3
$4.0B $3.6B $3.8B $3.4B $5.2B $3.5B
411 417 324 419 350 294

2024
Q2 Q3 Q4 Q1 Q2 Q3
0 1 0 2 1 2
59 51 49 55 58 55
0 2 2 0 0 0
Current Quarter Top Equity Deals

Round Round Round

Company Amount Date Valuation
Series F
1 Human Interest $242.0M 2024-07-17 $1.3B
Series C
2 Altana AI $200.0M 2024-07-29 $1.0B
Series B
2 Earned Wealth $200.0M 2024-07-10 N/A
Series C
4 Bilt Rewards $150.0M 2024-08-02 $3.3B
Series D
5 Aven $142.0M 2024-07-17 $1.0B
Series A
6 Zing Health $140.0M 2024-09-25 N/A
Undisclosed
7 ParaFi Capital $120.0M 2024-08-29 N/A
Series E
8 Devoted Health $112.0M 2024-08-02 N/A
Private Equity
9 MIAX $100.0M 2024-08-22 N/A
Series C
10 Valon $70.0M 2024-08-30 N/A

Current Quarter Top Investors By Company Count

Company
Investor Count Investor Group Country
1 Robot Ventures 8 VC United States
2 Bankless Ventures 7 CVC United States
2 Manutara Ventures 7 VC United States
4 FJ Labs 6 VC United States
5 Andreessen
Castle IslandHorowitz 5 VC United States
5 Ventures 5 VC United States
5 Electric Capital 5 VC United States
5 Folius Ventures 5 VC United States
5 General Catalyst 5 VC United States
5 Hack VC 5 VC United States
 Asset/investment
5 Mantle 5 management
Asset/investment United States
5 Polychain Capital 5 management United States
5 QED Investors 5 VC United States
Select Investors Country % of Total Funding
United
Baillie Gifford, Marshall Wace Asset Management States 6.9%
US Innovative Technology Fund, Activate Capital,
Google Ventures, OMERS Ventures, Floating Point United
Group States 5.7%
Silversmith Capital Partners, Summit Partners, Breyer
Capital, Hudson Structured Capital Management, United
Juxtapose States 5.7%
Ontario Teachers', University of Illinois Foundation, United
Vanderbilt University States 4.3%
General Catalyst, Khosla Ventures, Caffeinated Capital, United
Electric Capital, Founders Fund States 4.0%
CRG, First Trust Capital Partners, Health2047 Capital United
Partners, Newlight Partners, Town Hall Ventures States 4.0%
United
Accolade Partners, Theta Capital Management States 3.4%
The Space Between, Cox Enterprises, White Road United
Investments States 3.2%
United
Warburg Pincus States 2.8%
United
Andreessen Horowitz, Ribbit Capital States 2.0%
Quarterly Funding & Deals

2020 2021
Q1 Q2 Q3 Q4 Q1 Q2
Funding $1.3B $3.2B $3.2B $2.1B $7.4B $5.7B
Deals 126 88 99 100 155 153

Annual Percent Of Deals By Deal Stage

2024
2020 2021 2022 2023 YTD
Early-stage 66% 64% 71% 74% 73%
Mid-stage 16% 20% 16% 13% 17%
Late-stage 11% 11% 5% 7% 5%
Other 7% 4% 8% 6% 6%
 2022 2023
Q3 Q4 Q1 Q2 Q3 Q4 Q1
$6.8B $5.0B $4.8B $3.0B $1.7B $1.1B $8.1B
179 137 164 124 120 94 148
 2024
Q2 Q3 Q4 Q1 Q2 Q3
$0.8B $1.1B $0.7B $1.0B $1.6B $0.8B
71 90 43 87 62 49
Current Quarter Top Equity Deals

Round Round Round

Company Amount Date Valuation
Human Series F
1 Interest $242.0M 2024-07-17 $1.3B
Series D
2 Aven $142.0M 2024-07-17 $1.0B
Series C
3 Cowbell Cyber $60.0M 2024-07-26 N/A
Series A
4 Thatch $38.0M 2024-09-05 N/A
Series B
5 Candid Health $29.0M 2024-09-11 N/A
Select Investors % of Total Funding
Baillie Gifford, Marshall Wace Asset
Management 29.1%
General Catalyst, Khosla Ventures,
Caffeinated Capital, Electric Capital,
Founders Fund 17.1%
Holmes Murphy, Nyca Partners, Permira,
PruVen Capital, Zurich Insurance Group 7.2%
General Catalyst, Index Ventures,
Andreessen Horowitz, Avid Ventures,
SemperVirens 4.6%
8VC, Y Combinator, BoxGroup, First
Round Capital 3.5%
Quarterly Funding & Deals

2020 2021
Q1 Q2 Q3 Q4 Q1 Q2
Funding $1.3B $1.2B $1.3B $2.3B $4.3B $3.7B
Deals 94 65 94 100 146 147

Annual Percent Of Deals By Deal Stage

2024
2020 2021 2022 2023 YTD
Early-stage 65% 66% 73% 73% 67%
Mid-stage 17% 15% 11% 10% 15%
Late-stage 10% 10% 7% 7% 7%
Other 9% 9% 9% 10% 11%
 2022 2023
Q3 Q4 Q1 Q2 Q3 Q4 Q1
$3.9B $5.9B $4.5B $2.4B $1.8B $1.2B $1.1B
135 135 185 148 135 104 122
 2024
Q2 Q3 Q4 Q1 Q2 Q3
$0.9B $0.9B $1.9B $0.9B $1.4B $1.4B
89 69 73 85 80 72
Current Quarter Top Equity Deals

Round Round Round

Company Amount Date Valuation
Series C
1 Altana AI $200.0M 2024-07-29 $1.0B
Earned Series B
1 Wealth $200.0M 2024-07-10 N/A
Series C
3 Bilt Rewards $150.0M 2024-08-02 $3.3B
Undisclosed
4 ParaFi Capital $120.0M 2024-08-29 N/A
Private Equity
5 MIAX $100.0M 2024-08-22 N/A
Select Investors % of Total Funding
US Innovative Technology Fund, Activate Capital,
Google Ventures, OMERS Ventures, Floating Point
Group 14.0%
Silversmith Capital Partners, Summit Partners, Breyer
Capital, Hudson Structured Capital Management,
Juxtapose 14.0%
Ontario Teachers', University of Illinois Foundation,
Vanderbilt University 10.5%

Accolade Partners, Theta Capital Management 8.4%

Warburg Pincus 7.0%

Quarterly Funding & Deals

2020 2021
Q1 Q2 Q3 Q4 Q1 Q2
Funding $3.5B $2.2B $2.3B $2.4B $3.8B $5.6B
Deals 241 219 240 280 350 342

Annual Percent Of Deals By Deal Stage

2024
2020 2021 2022 2023 YTD
Early-stage 66% 70% 73% 74% 73%
Mid-stage 15% 15% 12% 10% 11%
Late-stage 12% 12% 10% 9% 12%
Other 7% 3% 5% 7% 5%

Quarterly Exits

2020 2021
Q1 Q2 Q3 Q4 Q1 Q2
IPO 3 4 1 5 4 3
M&A 24 13 15 16 15 20
SPAC 0 0 0 1 0 0
 2022 2023
Q3 Q4 Q1 Q2 Q3 Q4 Q1
$6.4B $8.2B $5.1B $4.8B $3.2B $3.1B $1.9B
413 429 501 349 342 287 243

2022 2023
Q3 Q4 Q1 Q2 Q3 Q4 Q1
4 6 4 5 0 3 3
21 26 40 29 18 13 30
0 1 0 1 0 0 0
 2024
Q2 Q3 Q4 Q1 Q2 Q3
$1.5B $2.3B $2.1B $1.2B $1.6B $1.4B
215 190 174 243 215 175

2024
Q2 Q3 Q4 Q1 Q2 Q3
4 7 2 4 5 3
18 20 24 17 23 19
1 1 1 1 1 1
Current Quarter Top Equity Deals

Round Round
Company Amount Date Round Valuation
Undisclosed
1 DMI Finance $334.0M 2024-08-22 $3.0B
Series D
2 M2P $102.0M 2024-09-24 $783.6M
Series B
3 Partior $60.0M 2024-07-12 N/A
Series B
4 SDAX $50.0M 2024-09-10 N/A
Series A
5 DeCurret $45.0M 2024-09-12 N/A
Series C
6 FlexiLoans $35.0M 2024-09-10 N/A
Series B
7 Auxilo $33.0M 2024-07-15 N/A
Series B
8 Dezerv $32.0M 2024-07-08 $201.7M
Series G
9 Aye $30.0M 2024-09-20 N/A
Series B
9 Finture $30.0M 2024-08-19 N/A
Seed VC
9 WSPN $30.0M 2024-08-16 N/A
Angel
9 Yubi $30.0M 2024-08-26 N/A
Series A
9 Yuze $30.0M 2024-08-15 N/A

Current Quarter Top Investors By Company Count

Company
Investor Count Investor Group Country
1 Antler 7 VC Singapore
2 HTX Ventures 6 VC Vietnam
2 Mirana Ventures 6 VC Singapore
2 SNZ Capital 6 VC China
5 Amber Group 5 Corp Singapore
6 Cypher
GenesiaCapital 4 VC United Arab Emirates
6 Ventures 4 VC Japan
Select Investors Country % of Total Funding

Bank of Tokyo-Mitsubishi UFJ India 24.6%

Helios Investment Partners, Taj Investment,
Flourish Ventures India 7.5%
Peak XV Partners, DBS Bank, Standard
Chartered, Temasek, J.P. Morgan Singapore 4.4%

Muscat Precious Metals Refining Singapore 3.7%

ABeam Consulting, Fujitsu, GMO Financial
Holdings, Hitachi, Internet Initiative Japan Japan 3.3%

Accion, Maj Invest, Fundamentum, Nuveen India 2.5%

LeapFrog Investments, Trifecta Capital
Advisors, Xponentia Capital India 2.5%
Premji Invest, Accel, Elevation Capital, Matrix
Partners India 2.3%

ABC Impact, British International Investment India 2.2%

MindWorks Capital, SWC Global, Antao Capital,
Richen Pioneer, xvc Indonesia 2.2%
Folius Ventures, Foresight Ventures,
Generative Ventures, Hash Global, Redpoint
Ventures China Singapore 2.2%

Gaurav Kumar India 2.2%

United Arab
Osten Investments Emirates 2.2%
Quarterly Funding & Deals

2020 2021
Q1 Q2 Q3 Q4 Q1 Q2
Funding $0.8B $0.4B $0.5B $0.5B $0.8B $1.4B
Deals 74 47 48 71 86 82

Annual Percent Of Deals By Deal Stage

2024
2020 2021 2022 2023 YTD
Early-stage 69% 72% 73% 75% 66%
Mid-stage 14% 13% 13% 9% 14%
Late-stage 10% 12% 10% 9% 16%
Other 7% 3% 5% 7% 5%
 2022 2023
Q3 Q4 Q1 Q2 Q3 Q4 Q1
$2.4B $2.9B $1.9B $1.6B $0.8B $0.5B $0.5B
111 120 141 95 92 64 51
 2024
Q2 Q3 Q4 Q1 Q2 Q3
$0.6B $0.8B $0.3B $0.4B $0.4B $0.8B
51 42 35 51 52 42
Current Quarter Top Equity Deals

Round Round
Company Amount Date Round Valuation
DMI Undisclosed
1 Finance $334.0M 2024-08-22 $3.0B
Series D
2 M2P $102.0M 2024-09-24 $783.6M
Series C
3 FlexiLoans $35.0M 2024-09-10 N/A
Series B
4 Auxilo $33.0M 2024-07-15 N/A
Series B
5 Dezerv $32.0M 2024-07-08 $201.7M
Select Investors % of Total Funding

Bank of Tokyo-Mitsubishi UFJ 40.8%

Helios Investment Partners, Taj
Investment, Flourish Ventures 12.4%
Accion, Maj Invest,
Fundamentum, Nuveen 4.2%
LeapFrog Investments, Trifecta
Capital Advisors, Xponentia
Capital 4.1%
Premji Invest, Accel, Elevation
Capital, Matrix Partners 3.9%
Quarterly Funding & Deals

2020 2021
Q1 Q2 Q3 Q4 Q1 Q2
Funding $1.0B $0.2B $0.4B $0.2B $0.5B $1.3B
Deals 34 30 39 36 50 57

Annual Percent Of Deals By Deal Stage

2024
2020 2021 2022 2023 YTD
Early-stage 73% 80% 78% 79% 83%
Mid-stage 11% 10% 10% 9% 7%
Late-stage 5% 7% 7% 8% 6%
Other 11% 3% 5% 4% 3%
 2022 2023
Q3 Q4 Q1 Q2 Q3 Q4 Q1
$1.1B $1.3B $0.9B $1.0B $0.3B $1.1B $0.8B
53 69 75 47 55 49 47
 2024
Q2 Q3 Q4 Q1 Q2 Q3
$0.2B $0.1B $0.2B $0.2B $0.4B $0.2B
35 31 34 57 41 27
Current Quarter Top Equity Deals

Round Round Round

Company Amount Date Valuation
Series B
1 Partior $60.0M 2024-07-12 N/A
Series B
2 SDAX $50.0M 2024-09-10 N/A
Seed VC
3 WSPN $30.0M 2024-08-16 N/A
Series C
4 Syfe $27.0M 2024-08-13 N/A
Series B
5 Drift Protocol $25.0M 2024-09-19 N/A
Select Investors % of Total Funding
Peak XV Partners, DBS Bank, Standard
Chartered, Temasek, J.P. Morgan 27.3%

Muscat Precious Metals Refining 22.8%

Folius Ventures, Foresight Ventures,
Generative Ventures, Hash Global, Redpoint
Ventures China 13.7%

Unbound, Valar Ventures 12.3%

Multicoin Capital, Blockchain Capital, Folius
Ventures, Maelstrom Fund, Primitive Ventures 11.4%
Quarterly Funding & Deals

2020 2021
Q1 Q2 Q3 Q4 Q1 Q2
Funding $63M $0.2B $77M $83M $0.3B $0.3B
Deals 16 29 18 17 24 22

Annual Percent Of Deals By Deal Stage

2024
2020 2021 2022 2023 YTD
Early-stage 49% 62% 60% 49% 54%
Mid-stage 14% 10% 14% 18% 11%
Late-stage 30% 23% 20% 24% 24%
Other 8% 4% 5% 9% 11%
 2022 2023
Q3 Q4 Q1 Q2 Q3 Q4 Q1
$0.2B $66M $0.2B $81M $82M $0.1B $0.1B
20 24 35 28 28 27 25
 2024
Q2 Q3 Q4 Q1 Q2 Q3
$82M $0.1B $30M $30M $0.2B $83M
17 27 22 13 22 28
Current Quarter Top Equity Deals

Compan Round Round Round

y Amount Date Valuation
Series A
1 DeCurret $45.0M 2024-09-12 N/A
Series A
2 Nstock $21.0M 2024-09-09 N/A
Series C
3 Paytner $8.0M 2024-08-08 N/A
Series B
4 A1A $3.0M 2024-07-31 N/A
Seed VC
5 Flucle $2.0M 2024-09-26 N/A
Series A
5 SoVa $2.0M 2024-08-21 N/A
Select Investors % of Total Funding
ABeam Consulting, Fujitsu, GMO Financial
Holdings, Hitachi, Internet Initiative Japan 54.0%
ALL STAR SAAS FUND, Chiba Dojo, Coral
Capital, East Ventures, WiL 25.1%
Incubate Fund, JIC Venture Growth
Investments, Nissay Capital, Spiral Innovation
Partners, W 9.8%
Toyota Tsusho, ALL STAR SAAS FUND, Nagase
& Co 3.4%
Genesia Ventures, Bengo4.com, Cybozu,
Future Venture Capital, Mitsubishi UFJ Capital 1.9%
Chugin Capital Partners, Coconala Skill
Partners, Globe Advisors Ventures, JAFCO,
Boost Capital 2.3%
Quarterly Funding & Deals

2020 2021
Q1 Q2 Q3 Q4 Q1 Q2
Funding $3.6B $2.5B $2.9B $2.8B $6.4B $8.8B
Deals 274 216 236 299 394 364

Annual Percent Of Deals By Deal Stage

2024
2020 2021 2022 2023 YTD
Early-stage 68% 73% 76% 77% 73%
Mid-stage 11% 10% 9% 8% 13%
Late-stage 12% 11% 9% 8% 9%
Other 9% 6% 6% 7% 6%

Quarterly Exits

2020 2021
Q1 Q2 Q3 Q4 Q1 Q2
IPO 0 2 6 5 3 13
M&A 53 40 38 60 75 83
SPAC 1 0 0 0 1 0
 2022 2023
Q3 Q4 Q1 Q2 Q3 Q4 Q1
$6.4B $6.7B $8.3B $5.5B $3.9B $2.4B $2.2B
334 370 444 389 335 302 327

2022 2023
Q3 Q4 Q1 Q2 Q3 Q4 Q1
2 13 3 1 2 0 1
75 84 85 61 64 64 53
1 0 1 0 1 1 0
 2024
Q2 Q3 Q4 Q1 Q2 Q3
$2.0B $1.4B $1.8B $2.3B $2.0B $1.5B
277 222 219 241 203 163

2024
Q2 Q3 Q4 Q1 Q2 Q3
0 2 1 1 1 1
48 44 54 62 52 53
0 0 1 0 0 0
Current Quarter Top Equity Deals

Round Round
Company Amount Date Round Valuation
Series F
1 Alan $193.0M 2024-09-20 $4.5B
Series C
2 Akur8 $120.0M 2024-09-16 N/A
Series G
2 CloudPay $120.0M 2024-08-08 N/A
Series C
4 Form3 $60.0M 2024-09-10 $570.0M
Venture Capital
4 Payt $60.0M 2024-07-25 N/A
Series B
6 FINBOURNE Technology $59.0M 2024-09-10 N/A
Series A
7 Novatus Global $40.0M 2024-09-12 $150.0M
Series B
8 Qantev $34.0M 2024-09-27 N/A
Series A
9 Neat $33.0M 2024-09-10 N/A
Series A
10 Sokin $31.0M 2024-07-24 N/A
Series B
10 Yonder $31.0M 2024-09-19 $132.8M

Current Quarter Top Investors By Company Count

Company
Investor Count Investor Group Country
1 Binance Labs 7 CVC Malta
2 Index Ventures 5 VC United Kingdom
2 MH Ventures 5 VC United Kingdom
4 1kx 4 VC Netherlands
4 Maven 11 Capital 4 VC Netherlands
6 Cogitent Ventures 3 VC
Asset/investment United Kingdom
6 Flow Traders 3 management Netherlands
6 Rockaway Blockchain 3 VC Czech Republic
6 Speedinvest 3 VC Austria
6 Wise3 Ventures 3 VC Spain
6 ZBS Capital 3 VC Ukraine
Select Investors Country % of Total Funding
Belfius Bank, Coatue, Lakestar, Ontario
Teachers', Temasek France 13.0%
One Peak Partners, Guidewire Software,
Partners Group France 8.1%
Blue Owl Capital, Olayan Group, Rho Capital
Partners, Hollyport Capital United Kingdom 8.1%
British Patient Capital, 83North, Barclays
Bank, Goldman Sachs Asset Management,
Mastercard United Kingdom 4.0%

Partech Netherlands 4.0%

CommerzVentures, HSBC United Kingdom 3.9%

Silversmith Capital Partners, Maven Capital
Partners United Kingdom 2.7%
Blossom Capital, Elaia Partners, Omnes
Capital, RAISE Ventures France 2.3%
Hedosophia, Mundi Ventures, Athletico
Ventures, ETFS Capital France 2.2%
Morgan Stanley Expansion Capital, Rio
Ferdinand, Aurum Partners, Gary Marino,
Mark Britto United Kingdom 2.2%

RTP Global, Repeat, Latitude United Kingdom 2.2%

Quarterly Funding & Deals

2020 2021
Q1 Q2 Q3 Q4 Q1 Q2
Funding $1.4B $1.3B $1.4B $1.5B $3.4B $2.7B
Deals 110 84 92 122 149 126

Annual Percent Of Deals By Deal Stage

2024
2020 2021 2022 2023 YTD
Early-stage 65% 72% 73% 73% 73%
Mid-stage 13% 11% 10% 9% 12%
Late-stage 10% 12% 10% 10% 11%
Other 12% 5% 7% 8% 5%
 2022 2023
Q3 Q4 Q1 Q2 Q3 Q4 Q1
$3.6B $3.0B $3.8B $2.4B $0.9B $0.9B $0.6B
133 122 163 131 106 97 98
 2024
Q2 Q3 Q4 Q1 Q2 Q3
$0.8B $0.6B $0.9B $1.2B $0.8B $0.6B
81 76 84 84 71 51
Current Quarter Top Equity Deals

Round Round Round

Company Amount Date Valuation
Series G
1 CloudPay $120.0M 2024-08-08 N/A
Series C
2 Form3 $60.0M 2024-09-10 $570.0M
Series B
3 FINBOURNE Technology $59.0M 2024-09-10 N/A
Series A
4 Novatus Global $40.0M 2024-09-12 $150.0M
Series A
5 Sokin $31.0M 2024-07-24 N/A
Series B
5 Yonder $31.0M 2024-09-19 $132.8M
Select Investors % of Total Funding
Blue Owl Capital, Olayan Group, Rho Capital
Partners, Hollyport Capital 21.6%
British Patient Capital, 83North, Barclays
Bank, Goldman Sachs Asset Management,
Mastercard 10.8%

CommerzVentures, HSBC 10.6%

Silversmith Capital Partners, Maven Capital
Partners 7.2%
Morgan Stanley Expansion Capital, Rio
Ferdinand, Aurum Partners, Gary Marino,
Mark Britto 5.6%

RTP Global, Repeat, Latitude 5.6%

Quarterly Funding & Deals

2020 2021
Q1 Q2 Q3 Q4 Q1 Q2
Funding $0.3B $0.2B $68M $0.2B $0.3B $1.3B
Deals 19 21 20 17 39 39

Annual Percent Of Deals By Deal Stage

2024
2020 2021 2022 2023 YTD
Early-stage 81% 78% 81% 75% 66%
Mid-stage 13% 10% 10% 11% 16%
Late-stage 3% 7% 7% 5% 13%
Other 4% 5% 2% 8% 5%
 2022 2023
Q3 Q4 Q1 Q2 Q3 Q4 Q1
$0.4B $0.5B $1.5B $0.8B $0.2B $0.3B $0.3B
22 34 48 41 28 38 35
 2024
Q2 Q3 Q4 Q1 Q2 Q3
$0.2B $0.2B $0.2B $0.2B $0.4B $0.4B
34 31 22 15 27 20
Current Quarter Top Equity Deals

Compan Round Round

y Amount Date Round Valuation
Series F
1 Alan $193.0M 2024-09-20 $4.5B
Series C
2 Akur8 $120.0M 2024-09-16 N/A
Series B
3 Qantev $34.0M 2024-09-27 N/A
Series A
4 Neat $33.0M 2024-09-10 N/A
Series A
5 Jump $12.0M 2024-09-23 N/A
Select Investors % of Total Funding
Belfius Bank, Coatue, Lakestar, Ontario
Teachers', Temasek 43.4%
One Peak Partners, Guidewire Software,
Partners Group 27.0%
Blossom Capital, Elaia Partners, Omnes
Capital, RAISE Ventures 7.5%
Hedosophia, Mundi Ventures, Athletico
Ventures, ETFS Capital 7.4%
Breega Capital, Index Ventures,
Athletico Ventures, Mozza Angels,
RAISE Ventures 2.7%
Quarterly Funding & Deals

2020 2021
Q1 Q2 Q3 Q4 Q1 Q2
Funding $0.5B $0.9B $1.3B $1.4B $1.4B $6.0B
Deals 66 48 69 66 104 93

Annual Percent Of Deals By Deal Stage

2024
2020 2021 2022 2023 YTD
Early-stage 77% 75% 80% 85% 76%
Mid-stage 7% 11% 6% 5% 8%
Late-stage 9% 9% 7% 6% 9%
Other 7% 5% 7% 4% 7%

Quarterly Exits

2020 2021
Q1 Q2 Q3 Q4 Q1 Q2
IPO 0 0 1 0 0 2
M&A 3 6 13 18 13 20
 2022 2023
Q3 Q4 Q1 Q2 Q3 Q4 Q1
$3.6B $1.9B $1.2B $1.2B $0.6B $0.6B $0.3B
123 129 163 107 113 104 81

2022 2023
Q3 Q4 Q1 Q2 Q3 Q4 Q1
1 1 0 0 0 0 0
24 20 25 10 15 9 18
 2024
Q2 Q3 Q4 Q1 Q2 Q3
$0.3B $0.3B $0.5B $0.4B $0.5B $0.4B
70 42 64 48 37 56

2024
Q2 Q3 Q4 Q1 Q2 Q3
0 0 0 0 0 0
11 12 13 13 12 6
Current Quarter Top Equity Deals

Round Round Round

Company Amount Date Valuation
Private Equity
1 Stori $105.0M 2024-08-06 N/A
Corporate Minority
2 Credlix $50.0M 2024-09-12 N/A
Series E
3 Neon $37.0M 2024-08-01 N/A
Series C
4 Cobre $27.0M 2024-09-06 N/A
Series A
5 Tapi $22.0M 2024-07-12 N/A
Series A
6 Finkargo $20.0M 2024-09-13 N/A
Series A
7 Ume $15.0M 2024-09-02 N/A
Series B
8 Bhub $13.0M 2024-09-25 $160.0M
Series B
9 Monkey Exchange $12.0M 2024-07-12 N/A
Series A
10 Facio $11.0M 2024-08-08 N/A
Undisclosed
10 Monkey $11.0M 2024-08-04 N/A

Current Quarter Top Investors By Company Count

Company
Investor Count Investor Group Country
1 Bossa Invest 3 VC Brazil
1 Monashees+
BuenTrip 3 VC Brazil
3 Ventures 2 VC Ecuador
3 Canary VC 2 VC Brazil
3 Carao Ventures 2 VC Costa Rica
3 Kaszek Ventures 2 VC Argentina
3 Kayyak Ventures 2 VC Chile
3 L4VB 2 VC Brazil
3 Norte Ventures 2 VC Brazil
Select Investors Country % of Total Funding
BAI Capital, Notable Capital, General
Catalyst, Lightspeed Venture Partners,
GIC Mexico 25.4%

Moglix Mexico 12.1%

Undisclosed Investors Brazil 8.8%

QED Investors Colombia 6.5%

Kaszek Ventures, Andreessen Horowitz Argentina 5.3%

QED Investors, Flybridge Capital
Partners, NAZCA, ONEVC, Quona
Capital Mexico 4.8%
PayPal Ventures, Clocktower
Technology Ventures, NFX, Norte
Ventures, Big Bets Brazil 3.6%
International Finance Corporation,
Monashees+, Valor Capital Group,
Latitud Brazil 3.3%
L4VB, Kinea Investimentos, Quona
Capital, DEG Brazil 3.0%

Monashees+ Brazil 2.7%

Undisclosed Investors Brazil 2.7%

Quarterly Funding & Deals

2020 2021
Q1 Q2 Q3 Q4 Q1 Q2
Funding $0.3B $0.7B $0.7B $0.8B $1.2B $4.1B
Deals 37 26 39 40 54 56

Annual Percent Of Deals By Deal Stage

2024
2020 2021 2022 2023 YTD
Early-stage 75% 72% 76% 80% 71%
Mid-stage 6% 13% 6% 7% 10%
Late-stage 13% 10% 10% 9% 11%
Other 6% 6% 8% 4% 8%
 2022 2023
Q3 Q4 Q1 Q2 Q3 Q4 Q1
$1.4B $1.1B $0.8B $0.4B $0.3B $0.2B $0.1B
63 73 58 44 53 48 35
 2024
Q2 Q3 Q4 Q1 Q2 Q3
$0.2B $0.2B $0.3B $0.1B $0.2B $0.1B
34 23 25 18 17 27
Current Quarter Top Equity Deals

Round Round Round

Company Amount Date Valuation
Series E
1 Neon $37.0M 2024-08-01 N/A
Series A
2 Ume $15.0M 2024-09-02 N/A
Series B
3 Bhub $13.0M 2024-09-25 $160.0M
Monkey Series B
4 Exchange $12.0M 2024-07-12 N/A
Series A
5 Facio $11.0M 2024-08-08 N/A
Undisclosed
5 Monkey $11.0M 2024-08-04 N/A
Select Investors % of Total Funding

Undisclosed Investors 25.4%

PayPal Ventures, Clocktower
Technology Ventures, NFX, Norte
Ventures, BigFinance
Bets 10.4%
International Corporation,
Monashees+, Valor Capital Group,
Latitud 9.4%
L4VB, Kinea Investimentos, Quona
Capital, DEG 8.6%

Monashees+ 7.7%

Undisclosed Investors 7.6%

Quarterly Funding & Deals

2020 2021
Q1 Q2 Q3 Q4 Q1 Q2
Funding $22M $75M $63M $0.1B $0.2B $69M
Deals 37 33 36 47 60 39

Annual Percent Of Deals By Deal Stage

2024
2020 2021 2022 2023 YTD
Early-stage 84% 90% 90% 83% 87%
Mid-stage 4% 5% 2% 6% 3%
Late-stage 5% 3% 3% 5% 4%
Other 7% 2% 5% 7% 6%

Quarterly Exits

2020 2021
Q1 Q2 Q3 Q4 Q1 Q2
IPO 0 0 0 0 0 1
M&A 1 0 2 3 0 5
 2022 2023
Q3 Q4 Q1 Q2 Q3 Q4 Q1
$1.1B $0.4B $0.4B $0.4B $0.1B $0.2B $0.4B
57 64 107 66 50 54 56

2022 2023
Q3 Q4 Q1 Q2 Q3 Q4 Q1
0 1 0 0 0 0 0
5 7 2 7 7 5 0
 2024
Q2 Q3 Q4 Q1 Q2 Q3
$0.2B $0.1B $0.1B $0.1B $34M $0.3B
42 48 28 22 28 21

2024
Q2 Q3 Q4 Q1 Q2 Q3
0 0 0 0 0 0
4 5 5 3 4 3
Current Quarter Top Equity Deals

Round Round Round

Company Amount Date Valuation
Series E
1 MNT Halan $158.0M 2024-07-20 N/A
Series A
2 NALA $40.0M 2024-07-09 N/A
Series B
3 Paymob $22.0M 2024-09-11 N/A
Series A
4 dopay $14.0M 2024-07-16 N/A
Seed VC
5 Yellow Network $10.0M 2024-09-17 N/A
Series A
6 Omnisient $8.0M 2024-08-27 N/A
Convertible Note
7 Lucky $3.0M 2024-08-06 N/A
Convertible Note
7 Lucky $3.0M 2024-08-07 N/A
Series A
7 Thalex $3.0M 2024-08-21 N/A
Pre-Seed
10 Happy Pay $2.0M 2024-09-17 N/A
Pre-Seed
10 SETTLE $2.0M 2024-09-13 N/A
Series A
10 Synapse Analytics $2.0M 2024-07-31 N/A

Current Quarter Top Investors By Company Count

Company
Investor Count Investor Group Country
1 Lorax Capital
Disruptech 3 Private Equity Egypt
2 Ventures 2 VC Egypt
2 Launch Africa 2 VC Mauritius
2 Nclude 2 VC Egypt
Select Investors Country % of Total Funding
Apis Partners, Development Partners International, Lorax
Capital, GB Corp, Lunate Egypt 58.7%
Acrew Capital, DST Global, Amplo, HOF Capital,
Norrsken22 Kenya 14.9%
EBRD Venture Capital, A15, British International
Investment, FMO, Helios Digital Ventures Egypt 8.2%

Argentem Creek Partner Egypt 5.0%

Chris Larsen, Consensys, GSR Ventures, Gate Labs,
MATH Venture Partners Seychelles 3.7%

Arise South Africa 2.8%

Disruptech Ventures, Lorax Capital, Kem Egypt 1.1%

Disruptech Ventures, Lorax Capital, KEM Ventures Egypt 1.1%

Bitfinex, Bitstamp, Flow Traders, Wintermute, IMC Seychelles 1.1%

4Di Capital, Entrepreneurs for Entrepreneurs Africa,
DotExe Ventures, Equitable Ventures, Felix Strategic
Investment South Africa 0.7%
Shorooq Partners, Acasia Ventures, Plus VC, Banque
Misr, Elsewedy Capital Holding Egypt 0.7%

Hub71, Silicon Badia Egypt 0.7%

Quarterly Funding & Deals

2020 2021
Q1 Q2 Q3 Q4 Q1 Q2
Funding $0.2B $0.4B $96M $0.5B $0.5B $0.5B
Deals 14 19 15 27 29 39

Annual Percent Of Deals By Deal Stage

2024
2020 2021 2022 2023 YTD
Early-stage 57% 69% 78% 75% 75%
Mid-stage 16% 12% 10% 7% 5%
Late-stage 19% 10% 6% 12% 14%
Other 8% 8% 6% 7% 7%

Quarterly Exits

2020 2021
Q1 Q2 Q3 Q4 Q1 Q2
IPO 2 0 1 2 0 1
M&A 3 5 4 5 6 4
 2022 2023
Q3 Q4 Q1 Q2 Q3 Q4 Q1
$0.6B $0.3B $0.3B $0.1B $0.2B $0.2B $0.1B
47 39 45 22 26 26 27

2022 2023
Q3 Q4 Q1 Q2 Q3 Q4 Q1
1 2 1 1 0 0 0
7 7 6 5 9 2 6
 2024
Q2 Q3 Q4 Q1 Q2 Q3
$69M $44M $0.3B $7M $0.2B $100M
18 12 18 9 16 19

2024
Q2 Q3 Q4 Q1 Q2 Q3
0 0 0 0 0 0
3 4 0 7 4 5
Current Quarter Top Equity Deals

Round Round
Company Amount Date Round Valuation
Series C
1 InDebted $34.0M 2024-09-24 $250.0M
Series D
2 Shift $24.0M 2024-08-26 N/A
Series A
3 DASH Technology Group $13.0M 2024-07-01 N/A
Series B
4 Rich Data Co $6.0M 2024-08-05 N/A
Seed
5 EthNano $5.0M 2024-08-05 N/A
Seed VC
5 PEXX $5.0M 2024-07-17 N/A
Seed
7 Bitstaker $4.0M 2024-09-09 N/A
Series A
8 InvestorHub $3.0M 2024-07-29 $22.2M
Seed VC
8 RISE Labs $3.0M 2024-09-16 N/A
Seed
10 Fundabl $2.0M 2024-07-24 N/A

Current Quarter Top Investors By Company Count

Company
Investor Count Investor Group Country
1 Anthony Sassano 2 Angel Australia
 Countr
Select Investors y % of Total Funding
AirTree Ventures, Carthona Capital,
Perennial, Premier Capital Partners,
Reinventure Capital Australia 34.4%

Peak XV Partners Australia 23.7%

Bailador Investment Mangement Australia 13.3%

Acorn Capital Australia 5.9%

Undisclosed Investors Australia 5.0%

TNB Aura, Antler, EMO Capital, Filecoin Base
Camp Program Australia 4.5%

Undisclosed Investors Australia 4.0%

Equity Venture Partners, Archangel
Ventures, Flying Fox Ventures Australia 2.6%
Finality Capital Partners, Digital Asset
Capital, MH Ventures, Orange DAO, P2
Ventures Australia 3.2%

Matt Leibowitz Australia 2.1%