PitchBook’s newest report, titled the “Emerging Tech Indicator (ETI),” has just been released and is available for download here.
In its announcement, PitchBook explained that thousands of early stage deals occur each quarter that have the potential to shape the future and disrupt industries. “However, the sheer magnitude of this activity makes it hard to get a clear understanding of where investors are placing their bets and what industries they see as the most promising. While massive late stage rounds often grab headlines, understanding trends in early-growth capital is more complicated.”
The new quarterly report will focus only on those deals that involve the world’s most successful venture capital firms, a process that is accomplished via a proprietary methodology that ranks the firms based on the historical success of their portfolio companies in terms of capital raised, ability to complete an exit, and valuation.
It is planned as a quarterly overview of start-ups receiving early stage investment from a select group of the world’s most successful venture firms. This group of investors is identified each quarter based on our proprietary methodology that measures the historical success of the startups they invest in in terms of ability to raise capital, valuation, and exit rates. By narrowing down the thousands of early stage VC deals that occur each quarter to focus only on those deals involving the most successful investors, our first ETI report offers a unique perspective on the kinds of technologies attracting early growth investment.
We tracked more than 170 startups across 30 market segments in Q1 that received capital from ETI firms. The top five areas of technology investment included biotech at $1.49 billion, followed by fintech, decentralized finance, health & wellness tech and e-commerce.