With Vermont-based Pwnie Express landing $5.1 million in funding this week, we decided to take a look at the PitchBook Platform to see what kind of VC action goes on in The Green Mountain State. Since the beginning of 2003, VC investors have completed 70 deals involving companies headquartered in the only New England state not touching the Atlantic Ocean. During that timeframe, 2008 saw the most capital invested in a single year ($79.6 million), while 2011 was the high mark in terms of number of deals completed (12). In total, about $328 million in venture capital has been poured into Vermont-based companies since 2003.
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