Toal startup funding was up at an aggregate level in 2017, rising from $1.07B in 2016 to $1.55B in 2017, up 45%. The number of deals also increased to 172 in 2017 from 150 in 2016, marking an approximate 15% increase in the number of deals. Median deal size increased an impressive 47%.
The graph below captures some basic trends from a 3-year perspective for aggregate startup funding as well as by round type.
For your tweeting convenience:
LA Startups raised $1.55B in 2017, up 45% from 2016 Click to tweet
172 startups were funded in LA in 2017 Click to tweet
LA Startup funding was up 45% in 2017 Click to tweet
The number of LA #startup funding deals increased 15% in LA in 2017 Click to tweet
2017: LA Top 15 Investments
Now we take a look at the LA Startup fundings that were the largest for the year. These deals largely contributed to total funding for 2017.
These 15 rounds accounted for 67% of the total funding for 2017. These 15 startups are spread across industries with no particular strong bias.
2017: LA Median round sizes
The median round size across every stage in Los Angeles increased in 2017 with the sole exception being at the late stage where Series C+ gains fell from $30M in 2016 to $26M in 2017.