MoneyTree Report: Venture capital investment in Colorado rose significantly in '14
Monday April 20, 2015
WASHINGTON, D.C. -- Venture capital investment in Colorado nearly doubled from 2013 to 2014, according to a recently released MoneyTree report from Pricewaterhouse Coopers.
The report said while there were only 86 deals in 2014 compared to 83 in 2013, the amount of investment rose from $465 million in 2013 to $793 million last year.
The latest PwC MoneyTree Report showed Colorado-based companies attracted $115.6 million in venture capital in the first quarter of 2015.
Companies receiving VC funding in Q1 2015 included Longmont-based TerraLux, Fort Collins-based Red Rock Biofuels and Tendril Networks, ViroCyt Inc., Bhakti Chai, BiOptix Diagnostics and Woot Math, all Boulder-based.
Nationally, venture capitalists invested $13.4 billion in 1,020 deals in Q1 2015, according to MoneyTree. The amount was slightly lower than Q1 2014 but marked the fifth consecutive quarter of VC money exceeding $10 billion.
In 2014, venture capitalists invested a total of $48.3 billion in 4,356 deals – an increase of 61 percent in dollars and a 4 percent increase in deals over 2013.
Internet-specific companies captured $11.9 billion in investment in 2014, marking the highest level of such investments since 2000, the report said.
Investments in the software industry also hit their highest level since 2000 with $19.8 billion from 1,799 deals. Software dollars accounted for 41 percent of all venture capital investment in 2014, the highest percentage since the inception of the MoneyTree Report in 1995.
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