US digital businesses attracted the highest VC funding in North America during 2006-2017, says GlobalData
March 8, 2018 (Investorideas.com Newswire) According to research by GlobalData, a leading data and analytics company, US digital businesses have emerged as the most attractive sector for venture capital (VC) investment in North America during 2006-2017, with four out of the top five VC funded firms representing a digital business model.
The top 4 company's Lyft, Airbnb Inc, Uber Technologies and Snap have all benefited from a VC investment focus in digital businesses receiving the highest funding of the Top 5 companies in North America with Uber receiving a staggering $10.2Bn by 2017. Social Finance (SoFi), an alternative financial services company focused on lending, wealth management and insurance came in at fifth position.
Naveen Kalluri, Financial Deals Analyst at GlobalData commented, "By sweeping all of the top five slots of the North American VC funding list, the US maintained its position as the center of digital innovation and home to world beating digital businesses around physical asset intensive sectors."
For more information
To gain access to our latest press releases: GlobalData Media Centre
Analysts available for comment. Please contact the GlobalData Press Office:
EMEA & Americas: +44 (0)207 832 4399
Asia-Pacific: +91 40 6616 6809
For expert analysis on developments in your industry, please connect with us on:
- Quotes are provided by Naveen Kalluri, Financial Deals Analyst at GloblaData
- The x axis on the chart 'Number of Rounds' signifies the number of times they received funding (VC, private equity or any other form) from investors.
- The information is based on GlobalData's Financial Deals Database
- This press release was written using data and information sourced from proprietary databases, primary and secondary research, and in-house analysis conducted by GlobalData's team of industry expert
4,000 of the world's largest companies, including over 70% of FTSE 100 and 60% of Fortune 100 companies, make timelier and better business decisions thanks to GlobalData's unique data, expert analysis and innovative solutions, all in one platform. GlobalData's mission is to help our clients decode the future to be more successful and innovative across a range of industries, including the healthcare, consumer, retail, financial, technology and professional services sectors.
This news is published on the Investorideas.com Newswire - a global digital news source for investors and business leaders
Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investment involves risk and possible loss of investment. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Contact each company directly regarding content and press release questions. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. More disclaimer info: http://www.investorideas.com/About/Disclaimer.asp Learn more about publishing your news release on the Investorideas.com newswire http://www.investorideas.com/News-Upload/
Additional info regarding BC Residents and global Investors: Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894. Global investors must adhere to regulations of each country.