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Dana Olsen

Financial Writer

Dana Olsen was a senior writer at PitchBook, covering all things venture capital. She has a BA from UC Santa Barbara and a JD from Loyola Law School.

ARTICLES BY CURRENT AUTHOR

Qualtrics quits IPO plans to conduct VC’s biggest SaaS sale in history

SAP has agreed by buy Qualtrics for $8 billion, pre-empting the survey software company’s planned IPO with one of the largest VC-backed software exits in recent memory.

VC investors unleash a furry fury of pet tech funding

In 2008, VC investment in the pet tech industry totaled around $1 million. Fast forward a decade, and funding in the space is on pace to surpass $600 million this year.

What happens to employees after an acquisition?

We’ve used data from J.Thelander Consulting to shed light on how employees are compensated when their companies are acquired, and what happens to their jobs.

The top 13 VC investors in femtech startups

Y Combinator, NEA and Founders Fund are among the investors putting cash into businesses focused on digital health tools for women.

This year is setting records for femtech funding

Funding for businesses geared toward women’s health didn’t crack the $100 million mark until 2013, and the term “femtech” didn’t exist until 2016. But investors are starting to pay attention to the sector, and this year is on pace to set records.

The state of US venture capital in 15 charts

As of the end of 3Q, 2018 has already set a record for venture capital invested in the US. We’ve put together a collection of charts illustrating that and other notable VC trends.

VC funding for mortgage tech stays strong after billion-dollar bump

Ribbon has raised $225 million in a combination of equity and debt to help homebuyers pay their mortgages. We take a look at the VC funding spike in the mortgage tech space over the last five years.

Startup Graveyard 2018: 12 failed companies, $1.4B in VC funding, only one Theranos

Theranos may be the most infamous startup to shut down this year, but it’s not the only business to close up shop. Our graphic breaks down some of the VC-backed companies that have closed in 2018.

Tiger Global closes biggest venture fund of the decade

Tiger Global has closed its 11th fund on $3.75 billion, making it the world’s largest VC vehicle of the last 10 years. We took a look at which other funds round out the top 10.

As Social Capital shrinks, a look back at its hundreds of investments

Three more employees have departed from Social Capital, continuing months of upheaval. As the firm moves away from a traditional VC model, we’ve put together a look at its investments.

This year is setting records for VC mega-deals

The amount of venture capital invested this year has already surpassed the 2017 total, and that’s largely thanks to a record amount of mega-deals.

Six big things: Sequoia buries Snowflake in a flurry of cash

Snowflake’s second huge fundraise of the year, Nextdoor’s new CEO and very comfortable shoes are featured on this week’s rundown of noteworthy happenings in the VC world.

A look at six of SoftBank’s most high-profile investments this year

SoftBank kicked off 2018 by becoming the biggest shareholder in Uber, and it may close it out with a major WeWork deal. Here’s a look at those and a few other major investments from the Vision Fund.

Microsoft becomes the latest high-profile company to invest in Grab

Microsoft has made an investment in Singapore-based ridehailing business Grab. It’s not the only big-name investor to back the company over the last year.

Why VCs are pouring money into beauty brands

Funding is booming for startups in the beauty space, particularly this year. We’ve taken a look at some of the driving forces behind the spike.

Cruise has raised more cash in 2018 than all its VC-backed rivals combined

With a fresh $2.75 billion commitment from Honda, Cruise has secured $5 billion in 2018. Read about where the partnership fits in the web of automakers & investors backing self-driving car companies.

Cybersecurity’s banner year keeps rolling with Tanium’s $200M fundraise

Cybersecurity provider Tanium has raised $200 million at a valuation of $6.7 billion. The funding comes during a huge few years for VC funding in the US cybersecurity industry.

Startup Nation: The most valuable VC-backed company in each US state

California isn’t the only state with successful startups. We’ve created an interactive map featuring the most valuable company in each US state.
IPO

Slack joins slew of VC-backed companies that could make 2019 a historic year for IPOs

Slack is part of an elite club of companies looking to IPO next year. We’ve created a graphic to visualize where their offerings would sit among the most valuable IPOs of the decade.

SoftBank doubles down on real estate tech as VC interest in the space climbs

SoftBank has participated in separate $400 million funding rounds for Opendoor and Compass, two rising stars in the world of real estate tech. Here’s a look at the strong VC interest in the industry.

The inside scoop on employee turnover at VC and PE firms

Hiring and holding onto talent is a crucial part of running an investment firm, but it isn’t always easy to do. We’ve compiled data on where employees come from—and where they go when they leave.

How 20 big-name US VC firms invest at Series A & B

NEA. Andreessen Horowitz. Accel. We’ve compiled data on just how much those and other active VC investors are investing in Series A and B rounds, and at what valuation.

Slack makes third acquisition in three months

Slack, the $7.1 billion messaging powerhouse, has picked up Astro in a bid to create an all-in-one workplace collaboration hub. The move marks its third acquisition since the beginning of July.
IPO

These are the big winners from the Eventbrite IPO

Shares of Eventbrite soared in its first day of trading on the NYSE. For the VC investors who hold the biggest stakes in the ticketing company, that means their shares are worth hundreds of millions.

Scoop: Trucking startup Convoy is raising up to $198M

Convoy has authorized the sale of up to $198 million in new shares, PitchBook has learned. With the funding, the trucking startup is valued at nearly $1.1 billion.

Indigo’s $250M round puts agtech startups on pace for banner year

Indigo Agriculture has announced that it’s raised a $250 million Series E. The funding values the company at $3.45 billion and puts 2018 on pace for a decade high in terms of VC invested in US agtech.

Uber talks $2.5B merger with Middle Eastern rival

Uber is in talks to purchase Careem for somewhere between $2 billion and $2.5 billion. It would be a different tactic for Uber, which has sold off parts of its business to rivals around the world.