Venture Capital Investment

With a demonstrated capacity of generating new ideas, Central Texas is one of the top targets for venture capital investment in the country. In 2018, Austin companies garnered over 62% of all venture capital investment in Texas.

Venture Capital Investment in Austin Area Companies
Venture Capital Investment by Industry/Technology 2014-2018

AUSTIN MSA
UNITED STATES
MILLIONS
% OF TOTAL
% OF TOTAL
Automotive & transportation
$52.0
1.0%
0.9%
Business products & services
$11.3
0.2%
2.3%
Computers hardware & services
$267.8
5.3%
2.9%
Consumer products & services
$105.8
2.1%
2.1%
Electronics
$223.7
4.4%
1.7%
Energy & utilities
$42.0
0.8%
1.5%
Financial
$54.9
1.1%
1.1%
Food & beverages
$218.3
4.3%
1.1%
Healthcare
$261.8
5.2%
18.9%
Industrial
$17.0
0.3%
2.5%
Internet
$2,405.1
47.3%
39.5%
Mobile & telecommunications
$792.1
15.6%
16.7%
Software (non-internet/mobile)
$608.1
12.0%
7.4%
Other
$21.8
0.4%
1.4%
Total
$5,081.7
100.0%
100.0%

Source: PWC MoneyTree Report.


Note: Additional venture capital data is available via the Chamber's Economic Indicators page.