We cross referenced our internal data with New World Ventures, Cap IQ, VentureSource, and several other sources to build the most comprehensive data set on Chicago digital tech funding on the web (you can view it here).
Here's what we found:
As of October, digital tech companies have raised $1,333,420,000 this year. That's an increase of 392% over last year and 26% higher than the peak of 2000. Perhaps the most interesting statistic is that more funding has been raised this year than the previous decade. Though the lion's share of this year's funding was raised by Groupon.
Groupon's record-breaking $950M funding round in January accounts for 71.5% of this year's total funding. But even without that, funding is still 40% higher than last year.
The number of companies that received funding this year has also drastically increased, 102.5% more companies received funding than last year. The average investment per company is also much higher at $23,721,785.
The VC firms above are ranked by the number of investments made in Chicago digital tech companies. The rankings do not reflect capital invested, but if they did, New World Ventures would still be ranked the highest.
