The number of venture capital firms making seed investments has increased each year since 2008, according to the PitchBook Platform. With more and more VC investors getting involved at the seed stage, there has also been a rise in the number of funds under $200 million raised by institutional investors. Interestingly, the amount of capital raised through such funds globally has been on the decline. To dive into the PitchBook Platform and explore the data behind these trends, click here.
Our analysis of this data was inspired by a blog post published by Tomasz Tunguz, who actually argues that capital raised in sub-$200 million funds is increasing. Read his take here. Also, be sure to check out our blog article, which takes a further look into seed fundraising globally, as well as within the U.S. specifically.
So far this year, 125 VC funds have closed with $200 million or less in capital commitments. See a sample of some of those funds below, or click here to see the full list.