By Gené Teare and Joanna Glasner
U.S. venture investors tapped the brakes but did not carry out a sharp slowdown in Series A and B deal-making in the second quarter and first half of 2016, according to preliminary data from CrunchBase.
Average Series A rounds in the second quarter increased year-over-year. Second-quarter 2016 Series A rounds averaged $9.5 million, up from $9 million in Q2 of 2015. Median dollars for a second quarter Series A raise in 2016 was $7 million, up from $6 million in 2015.
In contrast, average Series B rounds contracted some in 2016. For the second quarter the average deal size came down from $22 million to $20 million year-over-year, an 8 percent reduction in average size. Median dollars were the same for second quarter 2016 and 2015 at $15 million.
For the full article, please visit “CrunchBase sees some slowing for early-stage venture in the second quarter” on TechCrunch.
