Want to see all of the investments and portfolio companies of the top venture capital firms of 2011? Set up a free CB Insights account here.
Kleiner Perkins was the most active venture capital firm in Q1 2011 participating in 23 new and follow-on financings in US-based companies followed closely by New Enterprise Associates. It was a busy quarter for many VC firms with 27 firms participating in at least 7 financing deals in the quarter. Note: You can get the entire Q1 2011 63 page report here.
In this quarter, we also saw several micro-venture capital funds (lovingly but inappropriately often referred to as Super Angels) also break into the most active ranks. Note: within CB Insights, we track angel investors as well but once an angel investor is investing other people’s money and not just their own, we classify them as VC firms.
See the entire list of the most active venture capital firms in the US and the “super angels” that broke into the league tables below.
See the 27 most active VC firms of Q1 2011
If you’re a fast-growing private company, apply for the Forbes America’s Most Promising Companies list here.
Earlier today, we announced a partnership with Forbes Magazine where they will be using CB Insights Beacon software in the creation of their 2011 list of America’s Most Promising Companies (AMPC).
If you are a high growth private company or know of a high growth private company which would benefit from inclusion on the list and the serious exposure to customers, strategic partners, prospective employees and investors that it brings, you should apply here. Forbes Magazine reaches nearly 5.5 million readers every two weeks, and Forbes.com attracts an average 18 million unique visitors each month.
The full press release announcing our partnership is below.
Read the full press release about Forbes and CB Insights partnership
Sign up here to get a daily email of the day’s 20-50 venture capital, growth equity and angel financings.
Our Quarterly Venture Capital Report for Q1 2011 published late last week showed a total of $7.5B invested across 738 deals. The following chart details exactly how the deals and dollars were distributed by state, with 39 different states plus Washington DC ringing the bell in Q1:
Which 39 states saw venture capital?
Sign up here for free for our daily email of all of NY and Massachusetts’ VC, growth equity and angel financings.
Last quarter, we observed that New York has become #2 destination for Tech venture capital beating Massachusetts every quarter in that category since Q2 2010. In our Q1 2011 quarterly venture capital report, we extended the analysis to include venture capital investment from Q1 2011, and the trend clearly continues.
How much larger is the venture capital gap between NY and Massachusetts?
Sign up here to get a daily email of the days’ 20-40 venture capital, growth equity and angel financings.
Our Quarterly Venture Capital Report for Q1 2011 saw $1B more in VC funding than Q4 2010 even though deal volume was nearly identical (738 deals in Q1 2011 versus 735 in Q4 2010). So what exactly drove the billion dollar delta? Was it driven by a few mega-financings or something else?
First, the discrepancy was not driven by a handful of mega-deals in Q1. To illustrate this point, we observed the aggregate investment values of the top 10 and top 25 deals in Q1 2011 against those in Q4 2010 and found that the aggregate value of the top 10′s were nearly identical as shown below. Similarly, the aggregate value of the top 25′s only differed by approximately $220 million – leaving a nearly $800 million gap still unaccounted for.
Where did the incremental $1B of VC come from?
Get details of every VC, angel and growth equity financing daily by clicking here.
Q1 2011 registered $7.5B of venture capital funding invested in 738 deals (entire 63 page report is embedded below and is free to download). We’d said after Q4 2010’s venture capital performance that those of you looking for a data point that suggests VC is back would have some data to support your claim. We’d also said at the time that those of you who think things are getting bubblicious would have something to hang your hat on.
Q1 2011 numbers will likely reinforce whichever viewpoint you have as the quarter came in at pre-recessionary deal and funding levels. Given the $1B jump in funding over the prior quarter with a similar number of deals, it is also clearly a quarter driven by mega-financings in both internet and greentech companies as well as larger venture capital median deal sizes.
If the final two quarters of the year maintain similar funding levels, we could approach $29-$30 billion invested by VCs. Some pundits have suggested that the VC asset class’ “right size” is around $25 billion so it will be interesting to see if the momentum continues.
Read the Q1 2011 Highlights and Download the Quarterly Venture Capital Report
