The Pace & Size of Series B Investments (2011 – 2015)
As you can see from the graph above, Series B deal activity has climbed since early 2013 and monthly volumes stabilized at about 2x their pre 2013 levels before dropping off in December 2014 and January 2015 (which is still incomplete).
Interestingly, both average and median round sizes have remained higher and this has me wondering: if Series A is the new Series B, is Series B the new Series C? Stripping out the jargon, are much larger syndicated “seed” rounds that look a lot more like Series As having an impact further down the venture capital funnel?
I look forward to investigating Series B trends further. Feel free to tweet to me at @DanielleMorrill on Twitter with ideas and questions you’d like to see us answer through data!