VC Q&A: Connecticut Innovations Boosts State's VC Scene
January 24, 2014
The story of VC investing in Connecticut is inexorably tied to Connecticut Innovations, the Rocky Hill, CT-based VC firm formed in 1989 by the state legislature in Hartford to invest in high-tech, healthcare and cleantech startups in the Constitution State. The firm completed 68 VC deals in Connecticut in 2013, good for 77% of the state’s overall total of 88 financings last year. In an effort to find out more about the firm that has been nearly single-handedly growing the state's venture capital scene, PitchBook interviewed Claire Leonardi, CEO of Connecticut Innovations, about the firm's funding and philosophies, as well as Connecticut's startup scene. PitchBook also mentioned Connecticut Innovations in its recent 2014 Annual VC Valuations & Trends Report.