MoneyTree Venture Capital Profile for Midwest Region

PricewaterhouseCoopers/Venture Economics/NVCA

Venture Capital Investment in Midwest Region Companies

By Year

As of 03/31/2008

Year Companies Deals Investment($M)
1998 196 2341618.6
1999 244 3082659.9
2000 387 4935638.9
2001 221 2601961.1
2002 182 224960.5
2003 131 152768.8
2004 129 151658.2
2005 131 159788.8
2006 162 189957.5
2007 207 2381310.0
2008 56 56229.3

© 2008 PricewaterhouseCooper/Venture Economics/NVCA MoneyTree Survey

Data current as of 15-APR-2008

Venture Capital Investment in Midwest Region Companies

By Quarter

Qtr Companies Deals Investment($M)
2006-1 49 50266.2
2006-2 45 45316.8
2006-3 46 46147.1
2006-4 48 48227.4
2007-1 51 51315.5
2007-2 63 63350.5
2007-3 60 61391.1
2007-4 63 63252.9
2008-1 56 56229.3

© 2008 PricewaterhouseCooper/Venture Economics/NVCA MoneyTree Survey

Data current as of 15-APR-2008

Venture Capital Investment in Midwest Region Companies

By Industry/Technology Sector

01/01/2008 to 03/31/2008

No. Sector Companies Deals Investment($M)
1 Software 19 19 58.1
2 Biotechnology 11 11 97.8
3 Media and Entertainment 5 5 10.7
4 Medical Devices and Equipment 4 4 6.4
5 Consumer Products and Services 4 4 25.4
6 Industrial/Energy 4 4 6.4
7 IT Services 2 2 2.4
8 Telecommunications 2 2 0.4
9 Business Products and Services 2 2 5.2
10 Semiconductors 2 2 16.3
11 Electronics/Instrumentation 1 1 0.3
-Total 56 56229.3

© 2008 PricewaterhouseCooper/Venture Economics/NVCA MoneyTree Survey

Data current as of 15-APR-2008

Venture Capital Investment in Midwest Region Companies

By Internet Related Technology

01/01/2008 to 03/31/2008

No. Industry Companies Deals Investment($M)
1 Ecommerce Goods, Services and Content 10 10 43.7
2 Internet Software,Services and Tools 7 7 25.4
3 Online Communications,Infrastructure and Hardware 3 3 2.2
-Total 20 20 71.4

© 2008 PricewaterhouseCooper/Venture Economics/NVCA MoneyTree Survey

Data current as of 15-APR-2008

Venture Capital Investment in Midwest Region Companies

By Stage

01/01/2008 to 03/31/2008

No. Stage Companies Deals Investment($M)
1Seed2 2 18.4
2Startup20 20 93.0
3Oth Early Stage6 6 3.2
4Expansion22 22 92.3
5Later Stage6 6 22.5
-Total 56 56229.3

© 2008 PricewaterhouseCooper/Venture Economics/NVCA MoneyTree Survey

Data current as of 15-APR-2008

Venture Capital Investment in Midwest Region Companies

by Top County

01/01/2008 to 03/31/2008

No. County Companies Deals Investment($M)
1 PA-ALLEGHENY 14 14 16.9
2 IL-COOK 6 6 32.0
3 MI-WASHTENAW 4 4 12.6
4 IN-MARION 3 3 9.6
5 OH-HAMILTON 3 3 22.5
6 MI-KALAMAZOO 3 3 0.8
7 IL-DU PAGE 3 3 59.5
8 OH-FRANKLIN 2 2 15.2
9 MO-SAINT LOUIS CITY 2 2 2.5
10 MO-SAINT LOUIS 2 2 4.2
11 KY-JEFFERSON 2 2 5.4
12 OH-MEDINA 1 1 1.0
13 IL-CHAMPAIGN 1 1 2.4
14 OH-CUYAHOGA 1 1 3.2
15 OH-BUTLER 1 1 2.2
16 MO-SAINT CHARLES 1 1 6.0
17 MO-JACKSON 1 1 0.0
18 MI-WAYNE 1 1 5.5
19 MI-OAKLAND 1 1 6.0
20 IN-HAMILTON 1 1 2.0
21 IL-LAKE 1 1 16.0
22 PA-CENTRE 1 1 3.1
23 IL-FULTON 1 1 0.8

© 2008 PricewaterhouseCooper/Venture Economics/NVCA MoneyTree Survey

Data current as of 15-APR-2008

Venture Capital Investment in Midwest Region Companies

By Major Metro Area

01/01/2008 to 03/31/2008

No. Area Companies Deals Investment($M)
1Great Lakes 32 32104.9
2Pittsburgh/Tristate 14 14 16.9
3Chicago 10 10107.5
-Total 56 56229.3

© 2008 PricewaterhouseCooper/Venture Economics/NVCA MoneyTree Survey

Data current as of 15-APR-2008

Venture Capital Investment in Midwest Region Companies

By Region of Funding Source

01/01/2008 to 03/31/2008

No. Source moneytree_region Investors Deals
1 Midwest 31 34
2 Silicon Valley 7 7
3 New England 7 6
4 NY Metro 8 6
5 DC/Metroplex 5 6
6 Non US 3 3
7 Southeast 3 3
8 Texas 2 2
9 Philadelphia Metro 2 2
10 North Central 2 2
11 South Central 1 1
12 Colorado 1 1
-Total 77 95

© 2008 PricewaterhouseCooper/Venture Economics/NVCA MoneyTree Survey

Data current as of 15-APR-2008

Venture Capital Investment by Midwest Region Venture Funds

By Region of Companies Receiving Money

01/01/2008 to 03/31/2008

No. Target moneytree_region Companies Deals
1 Midwest 39 39
2 Silicon Valley 20 20
3 LA/Orange County 10 10
4 Texas 9 9
5 Southeast 9 9
6 New England 8 8
7 Northwest 8 8
8 San Diego 8 8
9 Non US 6 6
10 Philadelphia Metro 5 5
11 NY Metro 5 5
12 Colorado 3 3
13 DC/Metroplex 3 3
14 North Central 3 3
15 SouthWest 2 2
- Total 138 138

© 2008 PricewaterhouseCooper/Venture Economics/NVCA MoneyTree Survey

Data current as of 15-APR-2008

Venture Capital Backed IPOs in Midwest Region

By Year

As of 03/31/2008

Year Companies Amount Raised by IPO($M) Total Valuation Placed on Company by IPO($M)
1998 1102.4 338.9
1999 7743.0 4117.4
2000 10989.6 5198.5
2001 2 84.2 211.4
2002 1 37.5 106.0

© 2008 Venture Economics/NVCA

Data current as of 15-APR-2008

Venture Capital Backed IPOs in Midwest Region

By Quarter

Qtr Companies Amount Raised by IPO($M) Total Valuation Placed on Company by IPO($M)
Total 01956.7 9972.1

© 2008 PricewaterhouseCooper/Venture Economics/NVCA MoneyTree Survey

Data current as of 15-APR-2008

Venture Capital Investing in Midwest Region

Most Active Venture Investors

01/01/2008 to 03/31/2008

No. Firm Companies Deals Investment($M)
1Innovation Works, Inc.10 10 2.0
2Draper Triangle Ventures 3 3 2.1
3Triathlon Medical Ventures LLC2 2 5.1
4North Coast Technology Investo2 2 0.4
5Prolog Ventures LLC2 2 1.9
6RPM Ventures (FKA: Waypoint Ve2 2 2.4
7SWMF Life Science Venture Fund2 2 0.3
8Illinois Ventures LLC2 2 7.9
9Advanced Technology Ventures (2 2 6.7
10New Enterprise Associates2 2 5.4

© 2008 PricewaterhouseCooper/Venture Economics/NVCA MoneyTree Survey

Data current as of 15-APR-2008

Venture Backed IPOs in Midwest 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