We're excited to announce that The State of StartupsSM in the Southeast2022 report is now available.
This sixth annual report delivers a comprehensive overview of the venture capital and startup ecosystem of the southeastern United States, taking an in-depth look at activity over the five-and-a-half-year period from January 1, 2017, through June 30, 2022. It paints a strong picture of the future for startups in this region. Despite a well-documented deceleration of venture investing in the first half of 2022 in the Innovation Hubs (the Bay Area, New York, and Boston) and across the country, the outlook on deal activity in the Southeast is bullish and remains relatively fast-paced.
Key Takeaways from State of Startups 2022
This year's report examines four trends in the Southeast, including a record-setting trajectory for deployed capital, continued growth in average deal size, new heights in valuations, and an evolution in how the region has come to define investment rounds. Other notable observations include:
- $6B in capital was deployed across the region in Q2 2022, compared to $5B in Q2 2021
- More than 6x increase in capital deployed 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
The Bottom Line
The Southeast is no longer an "emerging" venture capital hub just for early-stage companies but rather a mature region with accessible capital for investment-worthy companies across all stages.
We invite you to read The State of StartupsSM in the Southeast 2022 report here to dig deeper into the numbers, learn more about notable trends, and take a sneak peek at what to expect in the coming months. As always, we welcome any feedback or questions you may have. Here's an easy link to share the report with your community. There are a lot of great things going on in the startup ecosystem here, and we'd like everyone to know about them.
About the author.
Tami McQueen
Chief Marketing Officer
Tami McQueen is the Chief Marketing Officer for BIP Capital and BIP Ventures. An experienced builder, founder, and operator, Tami leads initiatives ranging from go-to-market initiatives to building process-driven, scalable, and repeatable marketing models.
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