The San Francisco Business Times reports that venture capitalists are ramping up to drop "dot-com era levels" of dough on US companies by the end of 2015. Unsurprisingly, a lot of that money is going to California — and, more specifically, to the Bay Area. Where's that money going, and how much is it? Let's take a look at the numbers.
- $36.9 billion: The amount of money invested by VCs in US companies in the first six months of 2015
- $70 billion: What they're expected to invest by the end of the year
- $56.4 billion: The total amount of US VC investments in all of 2014
- 43%: The percent of US VC deals that went down at California companies last quarter (between April and June 2015)
- 61%: The percent of VC dollars that went to CA companies last quarter
- $6.1 billion: The amount VCs put into San Francisco start-ups last quarter
- 165: The total number of VC deals in SF last quarter
- $2.99 billion: The amount VCs put into Silicon Valley companies last quarter
- 205: The number of VC deals in Silicon Valley last quarter
- 8: The number of SF companies listed in the top 12 VC fundings across the US last quarter
- $1.5 billion: The amount of VC funding from last quarter that went to "community marketplace for people to list, discover, and book unique accommodations around the world" Airbnb
- $500 million: The amount of VC funding from last quarter that went to "free online HR Software" company Zenefits
- $500 million: The amount of VC funding from last quarter that went to "shopping made fun" website Wish
- $275 million: The amount of VC funding from last quarter that went to "financial company for everyday people" Affirm
- $233 million: The amount of VC funding from last quarter that went to "Digital Transaction Management platform" DocuSign
- $217 million: The amount of VC funding from last quarter that went to "biotechnology company focused on the discovery and development of therapies for patients with neurodegenerative diseases" Denali Therapeutics (Note: Denali appears to have a South SF address, but is apparently counted by the Business Times as being in SF so I guess for these purposes, we will, too)
- $200 million: The amount of VC funding from last quarter that went to Uber, which "connects you with a driver in minutes."
- $186 million: The amount of VC funding from last quarter that went to "visual discovery tool" Pinterest
All facts and figures: VCs did more Q2 deals in Silicon Valley, poured more dollars into S.F., San Francisco Business Times, July 27, 2015. All company descriptions quoted directly from their websites.
