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 2013-2017
AUSTIN MSA | UNITED STATES | ||
|---|---|---|---|
MILLIONS | % OF TOTAL | % OF TOTAL | |
| Automotive & transportation | $48.00 | 1.1% | 0.6% |
| Business products & services | $5.76 | 0.1% | 2.1% |
| Computers hardware & services | $290.29 | 6.6% | 3.3% |
| Consumer products & services | $65.96 | 1.5% | 2.3% |
| Electronics | $154.43 | 3.5% | 1.7% |
| Energy & utilities | $61.00 | 1.4% | 1.9% |
| Environmental services & equipment | $51.50 | 1.2% | 0.1% |
| Financial | $54.90 | 1.3% | 1.0% |
| Food & beverages | $169.84 | 3.9% | 1.0% |
| Healthcare | $355.57 | 8.1% | 18.8% |
| Industrial | $16.89 | 0.4% | 2.4% |
| Internet | $1,828.48 | 41.8% | 40.4% |
| Mobile & telecommunications | $775.54 | 17.7% | 16.8% |
| Software (non-internet/mobile) | $496.59 | 11.4% | 6.4% |
| Other | $0.25 | 0.0% | 1.2% |
| Total | $4,375.00 | 100.0% | 100.0% |
Source: PWC MoneyTree Report.
Note: Additional venture capital data is available via the Chamber's Economic Indicators page.