Did you know that the sixth-largest venture capital market in the U.S. since 2010—in terms of deal flow by state—has been Pennsylvania? 311 different VC investors have completed at least one deal in the state during the timeframe, investing a combined $2.83 billion, according to the PitchBook Platform. 79 of the firms manage between $100 million and $500 million of assets, while another 29 manage between $1 billion and $2 billion. Notable investors that have been active in Pennsylvania and are not on the top five list include New Enterprise Associates, KPCB, Polaris Partners, OrbiMed Advisors and Sofinnova Ventures.
Top investors in Pennsylvania since 2010 and their deal counts: