The last chart that we published showed a breakdown by deal size of the deals that were done in the first quarter of the year according to the National Venture Capital Association. The chart showed unsuprisingly that a large percentage of the deals done were smaller in size, with the overall percentage of deals done heavily weighted to deals less than $5M. While the bulk of the deal done were less than $5M in total deal size, there were significant outliers in the distribution of deals. Interestingly, the largest deal recorded by the NVCA was greater than $200M, an astounding sum for a venture capital deal.
So where did the money go?
Looking at the chart below, we can get a sense of the number of deals that were done by geography over the quarter across stage and industry. Not surprisingly, California and the Northeast have totals that exceed other states in the total number of deals. Interestingly, most of the states in the lower 48 had deals represented in the data set.
