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 2020
AUSTIN MSA
UNITED STATES
MILLIONS
% OF TOTAL
% OF TOTAL
Agriculture
0.9%
Automotive & transportation
$18.0
1.0%
1.9%
Business products & services
$4.28
0.2%
0.6%
Computers hardware & services
$133.63
7.5%
2.5%
Consumer products & services
$3.08
0.2%
1.8%
Electronics
$127.85
7.1%
1.4%
Energy & utilities
$5.00
0.3%
0.8%
Financial


2.0%
Food & beverages
$38.89
2.2%
2.3%
Healthcare
$223.24
12.5%
23.0%
Industrial
$39.25
2.2%
4.0%
Internet
$874.34
48.8%
38.9%
Mobile & telecommunications
$186.99
10.4%
10.5%
Software (non-internet/mobile)
$99.44
5.6%
8.9%
Other


0.3%
Total
$1,789.99
100.0%
100.0%

Source: PWC MoneyTree Report.


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