Joshua Mayers January 28, 2015
From hoodies to Skittles and everything in between, Super Bowl XLIX is chock-full of exciting matchups and storylines as it pairs the NFL’s top two teams. But instead of arguing the on-field merits of the Seahawks and Patriots—like which cornerback is better: Richard Sherman or Darrelle Revis?—we decided to compare two flourishing VC scenes in the Seattle and Boston metro areas. As the NFL keeps expanding with things like Redzone, fantasy sports, and probably a move into more integrated viewing, the league is hitting a huge stride.
Let’s take a look at our data, which we can assure you has not been deflated in any way.
A slight favorite in the betting line, the Patriots would be a stronger pick if VC activity over the past year was taken into account. In the last 12 months, the Boston metro area completed 390 venture deals for about $4.8 billion in capital invested, more than double the 173 investments worth $1.9 billion around Greater Seattle. Beantown’s pharma/biotech space accounted for about 44% of that capital, raking in a Gronkowski-sized $2.1 billion, followed by software at $956 million.
The VC scene in the Emerald City had more of an even split in its top two industries, with software companies raising $614 million in the past year and pharma/biotech collecting $612 million. Juno Therapeutics went in Beast Mode and accounted for the city’s two biggest venture investments—a $176 million Series A in April and a $134 Series B in August—before going public in December.
For a full scouting report on Seattle and Boston’s VC scenes, including deal metrics, most active investors and some of the fastest-growing companies, check out the datagraphic below.