Internet of Things Average Funding Shows Robust Growth

Venture Scanner

For this quarter's funding analysis, let's examine how average funding in the internet of things (IoT) sector is evolving. The graphic below shows the IoT average funding across all deals over time by quarter.

Internet of Things Average Funding Deal Size

As the graphic demonstrates, internet of things average funding deal size in Q1 2019 was at $42M, which increased by 69% from the $25M in the same quarter last year. The average funding deal size has demonstrated robust growth, with the average funding last quarter around 8 times larger than it was 5 years ago. The top three funding events in Q1 2019 include a $1.3B round into OneWeb, a $600M round into Horizon Robotics, and a $245M round into Niantic.

To learn more about our complete internet of things dynamic report, visit us at www.venturescanner.com or contact us at [email protected].

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