VCs Are Tripping Over Themselves To Fund Enterprise Startups, Research Shows


A little over a year ago, venture capitalist Jim Goetz said he was floored that so few entrepreneurs focus on products for businesses, instead of consumers, given how successful enterprise startups have been.

In 2013, VCs started seriously putting their money where Goetz’s mouth is.

Of the 50 largest venture deals this year through September, 70% of them went to startups building tech for businesses, researcher CB Insights says.

As of September, VC funds for enterprise startups totaled $2.2 billion versus $1.28 billion for consumer, with over $450 million going to just two consumer companies, Uber and Pinterest. (We’ll point out that the tally excludes the whopping $225 million Pinterest just raised in October.)

This chart shows how VC’s interest has swung toward enterprise over the past couple of years.

CB Insights VC Deals

By: Dr. Augustine Fou Thursday, October 31st, 2013 news

Dr. Augustine Fou is Digital Consigliere to marketing executives, advising them on digital strategy and Unified Marketing(tm). Dr Fou has over 17 years of in-the-trenches, hands-on experience, which enables him to provide objective, in-depth assessments of their current marketing programs and recommendations for improving business impact and ROI using digital insights.

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