Led by several large growth-stage deals in Seattle, Pacific Northwest companies saw an uptick in capital invested across more deals in Q2 compared to the previous quarter. Technology, including SaaS, mobile and artificial intelligence, made up the bulk of activity for the quarter, which also saw life sciences pushed out of the top five verticals. Average deal size and median post-money valuation held steady for the most part.
The Seattle region continues to be the fundraising engine for the region: it’s home to an overwhelming amount of both recipients and investors. Seattle-based funders Madrona, Founder’s Co-op and Alliance of Angels wrote the most checks to local companies.
You can check out past reviews for recent quarters here on the blog.
