North Carolina Entrepreneurial Ecosystem: 2015 Update

2015 NC Ecosystem

Triangle Ecosystem (as of 1/15/16)

© 2015 Council for Entrepreneurial Development

Telling the story…

Innovators Report: Key Takeaways

• Banner Year• Big Deals• Seed stage investments remain strong• Triangle continues to dominate• Continued interest from out of state

investors• Role of Non-VCs

Equity Funding by Sector

2015 was Big!

2013 2014 2015$0

$200,000,000

$400,000,000

$600,000,000

$800,000,000

$1,000,000,000

$1,200,000,000

$1,400,000,000

$1,600,000,000

$463,062,0

92

$622,383,4

69

$1.2

How many companies got funded?

2013 2014 20150

20

40

60

80

100

120

140

160

180

80

135170

Companies by Funding Stage

Companies Dollars

89

$112,646,020

46

$190,538,025

21

$255,036,123

35

$602,333,405

Seed Series A Series B Follow On

Tech Sector – Deconstructed

Life Science Sector – Deconstructed

Q3 2013

Q4 2013

Q1 2014

Q2 2014

Q3 2014

Q4 2014

Q1 2015

Q2 2015

Q3 2015

Q4 2015

$0

$50,000,000

$100,000,000

$150,000,000

$200,000,000

$250,000,000

$300,000,000

$350,000,000

Tech Life Science

Mill

ions

2015: Funding – by sector/quarter

Median Deal Size

Average Deal Size

$1.3M $12.1M$4.1M $17.1M

Equity Funding by Deal SizeThere were more large deals completed in 2015, with nineteen (19) deals over $15 million – compared to five (5) deals in 2013 and six (6) deals of that size in 2014.

Top 5 Deals

$150m $50m

$39m $37m

$225m

Beyond Venture Capital

Funding by Top Cities/Region

Raleigh $116,532,706

Durham $300,345,398Triangle $881,932,658

RTP $242,573,940

Charlotte $269,847,648

146 Unique Institutional Investors

Seed Stage Investors

Series A Investors

Series B Investors

Follow-on Investors

Most Active Investors

Most Active Out-of-State

27 Exits in 2015

NASDAQ: VTVT

NYSE: MXPT

Local Venture Investor Updates

Local Angel Group Updates

Triangle Venture Alliance

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