Posted on

q3 seeds

Q3 seeds

The largest debut this past quarter was Robinhood. The company raised $1.9 billion and was valued at $32 billion at IPO.

Early-stage funding grew the most, up 104 percent year over year and 11 percent quarter over quarter, with over 1,900 companies raising at this stage globally.

Over 800 unique companies raised across 849 investments, which was also up year over year compared to just under 600 companies that raised in the third quarter of 2020.

Seed stage above $6B

Early stage consists of Series A and Series B rounds, as well as other round types. Crunchbase includes venture rounds of unknown series, corporate venture and other rounds above $3 million, and those less than or equal to $15 million.

Late-stage funding is over $100 billion in the second and third quarters of 2021. Late-stage and technology growth funding dipped quarter over quarter, but is up significantly year over year by 69 percent.

Super-sized

In 2021 to date, we find 26 venture-backed companies that debuted over $10 billion. This contrasts with 2020 where half that count, 13 companies, were valued over $10 billion at IPO.

Despite funding lags for the most recent quarter relative to past quarters, early-stage counts are up year over year by 19 percent.

Forward-looking statements describe future expectations, plans, results or strategies and are generally preceded by words such as may, future, plan or planned, will or should, expected, anticipates, draft, eventually or projected. Listeners are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors and other risks identified in the company’s 10-K for the fiscal year ended June 30, 2020 and other filings made by the company with the Securities and Exchange Commission.

Mark Wong

Matthew Szot