According new data released by startup database Fundz, the average series a funding round in the U.S. has risen 20% in the first half of 2019, compared to the same period a year ago.
So far in 2019 there have been approximately 320 Series A rounds in the U.S., with biotech and pharmaceutical companies more than doubling the average Series A size, compared to companies in other industries.
Fundz also released some interesting data on which cities are getting the most funding by both total investment, number of $100k plus deals and funding per capita.
In terms of total VC funding, San Francisco continues to lead the pack by a wide margin, with over $4.8 billion pouring into startups so far in 2019. It is worth noting this number only includes what has been reported in non-amended disclosure filings with the SEC year to date. New York and San Diego take the #2 and #3 positions, respectively with over $2.8 billion and $869 million invested, respectively.
Looking at the total number of VC deals per city shows a change to this ranking. Here, New York City leads the pack by a wide margin, with over 320 >$100k rounds reported in filings, while San Francisco comes in #2 at around 160 funding rounds. San Diego takes the third spot with 88, $100k plus rounds of funding.
Looking at VC spending per capita, three cities have a commanding lead over all the rest. While San Francisco still takes a top three position with $5,434 per capita, Cambridge, MA takes the #1 spot with $6,369 per person in VC funding for the the first half of 2019. The number three position is held by San Mateo, CA, with $4,606 per person in funding.
Fundz is a quickly growing startup database, consisting exclusively of companies that have received outside investment, with real-time alerts of new fundings, searching, exporting and contact info when verifiable. The service is particularly helpful for those looking to connect with just funded startups ahead of their competitors, especially since many stealth mode startups don't issue a press release with their SEC filing.
Fundz also provides news & research around startup funding and related subjects and has been cited by well known organizations such as The London School of Economics and Entrepreneur Magazine.