Here is a list of all the funding Finovate alumni received over the course of 2012.
After an impressive 2011, where more than $423 million was raised, 2012 was even better, with more than $450 raised.
A few stand-out metrics for the year:
- A total of 44 companies received funding, some more than once in 2012
- Combined, more than $450 million was raised
- The best quarter for raising capital was the first quarter when more than $150 was raised
- The biggest funding month this year was March, with more than $68 million raised by three companies
Here is a month-by-month breakdown of funding received.
January — $25 million raised by 3 companies
February — $57 million raised by 5 companies
Capital Access Network: $30 million — blog post
March — $68 million raised by 3 companies
April — $2.5 million raised by 1 company
May — $55.5 million raised by 5 companies
June — More than $62 million raised by 8 companies
Affinity Solutions: $14.5 million — blog post
July — $6 million raised by 2 companies
August — More than $49 million raised by 6 companies*
Continuity Control: $2.25 million — blog post
September — More than $59 million raised by 5 companies
October — $37 million raised by 2 companies
November — More than $23 raised by 4 com
December — More than $16 million raised by 4 companies
Controlabill: $570,000 (A$600,000) — blog post
*In addition to the companies listed for August, On Deck Capital raised $100 million in credit facility commitments.
Note: Funding that companies received before they demonstrated at Finovate was not counted. Questions? Comments? E-mail us at Julie@Finovate.com or David@Finovate.com.