Data provided by Pitchbook
Sponsored by Ben Franklin Technology Partners, Morgan Lewis, EY, Fairmount Partners, Safeguard, BioAdvance, Life Sciences PA, CEO Council for Growth, and Merrill Corporation
In 2016, startups headquartered in the Philadelphia area raised more than $1 billion in VC, double the amount seen a decade earlier. Though 2017 isn’t on a similar pace, it is poised to become the fourth consecutive year with over $700 million in deal value.
This report explores the drivers of that surge, along with other facets of Philadelphia’s burgeoning tech scene.
