Crunchbase News writes that Series B rounds have not shown much decline nearly halfway through 2022
Here’s a bit of good news on the start-up fundraising front courtesy of Crunchbase News. Thus far in 2022, investors have poured slightly more than $24 billion into Series B deals, an amount that is higher than the full-year total for three of the past five calendar years. With 2022 already nearly half over, the current pace, if continued, would produce Series B funding just slightly below last year’s record-setting annual tally of $56.7 billion.
Crunchbase News’ Joanna Glasner writes: “The Series-B-as-barometer theory stems from the fact that it is the midway stage for start-up funding. Companies raising at this point usually have proven technology or product and are on the cusp of more pronounced scaling. However, an exit is still likely years away, making factors like a shuttered IPO market or sluggish M&A environment less of a concern. For now, it looks like venture investors are still comfortable backing big B-stage deals. At least 55 U.S. rounds of $100 million and up closed so far this year. ”
The complete analysis can be found here.