With another quarter in the books, we at PitchBook took to our data platform to dig up the numbers on the past three months, and what a quarter it was. One of the most interesting things to take away from 2Q 2014 is just how much capital VC investors forked up—$21.62 billion, to be exact. It's actually the third straight quarter that has seen a significant increase in capital invested, rising nearly 84% since 3Q 2013 ($11.73 billion). Conversely, the number of deals completed each quarter during that same timeframe has fallen, dropping from 1,944 in 3Q 2013 to 1,590 in 2Q 2014.
Speaking of continuing trends, remember all those healthcare companies flying to the public markets in the past couple of quarters? Well, the healthcare industry is still dominating the venture capital IPO landscape, accounting for about 50% of all initial public offerings in 2Q 2014 (the IT industry claimed the next largest portion at 18%).
This past quarter also provided several mega-deals. Uber landed an outrageous $1.2 billion investment from VC firms including KPCB, Google Ventures and Menlo Ventures, while Airbnb raked in a cool $520 million from investors including Sequoia Capital; both companies eclipsed $10 billion valuations. Other notable deals included Lyft ($250 million financing), Pure Storage ($225 million) and Flipkart ($210 million).
For additional quarter-end statistics, including trends, analysis and a datagraphic that will knock your socks off, be sure to check back tomorrow.