MoneyTree Venture Capital Profile for Philadelphia Metro Region

PricewaterhouseCoopers/Venture Economics/NVCA

Venture Capital Investment in Philadelphia Metro Region Companies

By Year

As of 03/31/2008

Year Companies Deals Investment($M)
1998 111 129620.7
1999 111 1341595.1
2000 174 2232574.9
2001 106 1221117.9
2002 82 92588.3
2003 73 85633.7
2004 72 96722.5
2005 65 86518.9
2006 87 100765.4
2007 115 126826.7
2008 24 24161.7

© 2008 PricewaterhouseCooper/Venture Economics/NVCA MoneyTree Survey

Data current as of 15-APR-2008

Venture Capital Investment in Philadelphia Metro Region Companies

By Quarter

Qtr Companies Deals Investment($M)
2006-1 20 20130.8
2006-2 35 35280.9
2006-3 20 20221.6
2006-4 25 25132.0
2007-1 38 38278.3
2007-2 37 37198.8
2007-3 29 29242.4
2007-4 22 22107.1
2008-1 24 24161.7

© 2008 PricewaterhouseCooper/Venture Economics/NVCA MoneyTree Survey

Data current as of 15-APR-2008

Venture Capital Investment in Philadelphia Metro Region Companies

By Industry/Technology Sector

01/01/2008 to 03/31/2008

No. Sector Companies Deals Investment($M)
1 Biotechnology 4 4 32.3
2 Software 4 4 27.1
3 Industrial/Energy 3 3 41.9
4 Electronics/Instrumentation 2 2 7.9
5 Financial Services 2 2 20.8
6 Media and Entertainment 2 2 10.6
7 Business Products and Services 2 2 6.5
8 Medical Devices and Equipment 1 1 3.6
9 Computers and Peripherals 1 1 2.1
10 Networking and Equipment 1 1 0.3
11 Semiconductors 1 1 5.1
12 IT Services 1 1 3.5
-Total 24 24161.7

© 2008 PricewaterhouseCooper/Venture Economics/NVCA MoneyTree Survey

Data current as of 15-APR-2008

Venture Capital Investment in Philadelphia Metro Region Companies

By Internet Related Technology

01/01/2008 to 03/31/2008

No. Industry Companies Deals Investment($M)
1 Internet Software,Services and Tools 4 4 29.4
2 Ecommerce Goods, Services and Content 2 2 10.6
-Total 6 6 40.0

© 2008 PricewaterhouseCooper/Venture Economics/NVCA MoneyTree Survey

Data current as of 15-APR-2008

Venture Capital Investment in Philadelphia Metro Region Companies

By Stage

01/01/2008 to 03/31/2008

No. Stage Companies Deals Investment($M)
1Startup6 6 17.1
2Oth Early Stage2 2 19.4
3Expansion9 9 71.2
4Later Stage7 7 54.0
-Total 24 24161.7

© 2008 PricewaterhouseCooper/Venture Economics/NVCA MoneyTree Survey

Data current as of 15-APR-2008

Venture Capital Investment in Philadelphia Metro Region Companies

by Top County

01/01/2008 to 03/31/2008

No. County Companies Deals Investment($M)
1 PA-MONTGOMERY 7 7 33.0
2 PA-CHESTER 5 5 41.4
3 PA-PHILADELPHIA 5 5 53.8
4 PA-LEHIGH 2 2 3.3
5 PA-BUCKS 2 2 2.7
6 PA-NORTHAMPTON 1 1 3.6
7 DE-NEW CASTLE 1 1 20.0
8 NJ-MERCER 1 1 4.0

© 2008 PricewaterhouseCooper/Venture Economics/NVCA MoneyTree Survey

Data current as of 15-APR-2008

Venture Capital Investment in Philadelphia Metro Region Companies

By Major Metro Area

01/01/2008 to 03/31/2008

No. Area Companies Deals Investment($M)
1Philadelphia 21 21154.4
2South NJ/West Pa 3 3 7.3
-Total 24 24161.7

© 2008 PricewaterhouseCooper/Venture Economics/NVCA MoneyTree Survey

Data current as of 15-APR-2008

Venture Capital Investment in Philadelphia Metro Region Companies

By Region of Funding Source

01/01/2008 to 03/31/2008

No. Source moneytree_region Investors Deals
1 Philadelphia Metro 17 17
2 Silicon Valley 12 8
3 New England 5 5
4 NY Metro 4 4
5 Midwest 3 3
6 DC/Metroplex 3 3
7 Texas 2 2
8 Non US 1 1
9 San Diego 1 1
-Total 53 53

© 2008 PricewaterhouseCooper/Venture Economics/NVCA MoneyTree Survey

Data current as of 15-APR-2008

Venture Capital Investment by Philadelphia Metro Region Venture Funds

By Region of Companies Receiving Money

01/01/2008 to 03/31/2008

No. Target moneytree_region Companies Deals
1 Philadelphia Metro 21 21
2 Silicon Valley 18 18
3 NY Metro 17 17
4 DC/Metroplex 10 10
5 Southeast 9 9
6 San Diego 9 9
7 New England 5 6
8 Non US 5 5
9 LA/Orange County 5 5
10 Colorado 2 2
11 Northwest 2 2
12 Midwest 2 2
13 SouthWest 1 1
14 Texas 1 1
- Total 107 108

© 2008 PricewaterhouseCooper/Venture Economics/NVCA MoneyTree Survey

Data current as of 15-APR-2008

Venture Capital Backed IPOs in Philadelphia Metro Region

By Year

As of 03/31/2008

Year Companies Amount Raised by IPO($M) Total Valuation Placed on Company by IPO($M)
1998 3192.9 647.5
1999 10886.2 5004.0
2000 10683.7 1925.2

© 2008 Venture Economics/NVCA

Data current as of 15-APR-2008

Venture Capital Backed IPOs in Philadelphia Metro Region

By Quarter

Qtr Companies Amount Raised by IPO($M) Total Valuation Placed on Company by IPO($M)
Total 01762.8 7576.6

© 2008 PricewaterhouseCooper/Venture Economics/NVCA MoneyTree Survey

Data current as of 15-APR-2008

Venture Capital Investing in Philadelphia Metro Region

Most Active Venture Investors

01/01/2008 to 03/31/2008

No. Firm Companies Deals Investment($M)
1Ben Franklin Technology Partne2 2 1.4
2Quaker BioVentures, Inc.2 2 5.3
3Polaris Venture Partners2 2 2.6
4Osage Investments2 2 3.2
5Novitas Capital (FKA: PA Early2 2 5.3
6Robin Hood Ventures2 2 1.2
7NextStage Capital2 2 1.0
8New Enterprise Associates2 2 5.5
9Domain Associates LLC2 2 5.3
10Edison Venture Fund2 2 6.7

© 2008 PricewaterhouseCooper/Venture Economics/NVCA MoneyTree Survey

Data current as of 15-APR-2008

Venture Backed IPOs in Philadelphia Metro Region

Top IPOs

01/01/2008 to 03/31/2008

No. Company IPO DATE Money Raised by IPO($M) Total Valuation Placed on Company by IPO($M)
-All Companies- 0.0 0.0

© 2008 PricewaterhouseCooper/Venture Economics/NVCA MoneyTree Survey

Data current as of 15-APR-2008

Profile Created:04/16/2008