The following excerpt is from Panoramic Ventures.
The State of Startups in the SoutheastSM report paints a strong picture of the future for startups in the region.
Some specific observations from the report:
- $6B in capital was deployed across the region in Q2 2022, compared to $5B in Q2 2021
- More than 6x increase in capital deployed annually from 2012-2021 ($3B to $19B)
- Over the 11-year period from 2012-2022, the average check size increased over 300%, from $3M in 2012 to $13M in 2022
- Median valuations have increased approximately 108% from 2017-2022