VentureDeal tracks U.S. based technology crowdfunding deal activity for startups seeking investment equity and convertible debt.
The below chart shows the total amount sought for 1,115 transactions since October 2012.
A breakdown of the data indicates that 787 deals sought total funding of $1 million or less, or approximately 71% of sample activity.
The remaining 328 deals sought greater than $1 million, or 29%.
The amounts shown include the total amount sought and may include amounts received offline in addition to online.
A majority of the deals were solicited under the SEC Rule 506(b), which precludes general solicitation and restricts solicitation to investors with whom the issuer company has a previous substantial relationship.
The financings represented were required to be at least partially successful, having raised at least 20% of funding sought.
The data was obtained from the top ten busiest technology-focused equity and debt crowdfunding portals.
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