For this quarter's funding analysis, let's examine how average funding event sizes in the transportation technology sector are evolving. The graphic below shows the transportation technology average funding event size over time by quarter.
As the graphic demonstrates, transportation technology average funding event size in Q1 2019 was at $115M, which increased by 47% from the $78M last quarter. The average funding size has been on a general upward trend, with the average funding size last quarter about twice as large as it was 5 years ago. The top three funding events in Q1 2019 include a $1.5B round from Chehaoduo, a $1.46B round from Grab, and a $940M round from Nuro.
The following graphs highlight the exit activity in the Connected Transportation sector. The graphics include data through August 2017.
The above graph summarizes the number of exits (acquisitions and IPOs) in each Transportation Technology category. The Telematics category is leading the sector with 38 acquisitions and 9 IPOs. The Mapping category is the runner-up with 29 acquisitions and 6 IPOs.
The above graph summarizes the number of exits (acquisitions and IPOs) in Transportation Technology by year. 2016 leads the sector with 37 acquisitions and 3 IPOs, with 2015 in the second place with 24 acquisitions.
We are currently tracking 1157 Transportation Technology companies in 17 categories across 66 countries, with a total of $85.3 Billion in funding. Click here to learn more about the full Transportation Technology market report.
Here is our Q3 2017 summary report on the Connected Transportation startup sector. The following report includes a startup landscape overview, graphical trends with insights, and recent funding and exit events.
We are currently tracking 1,152 Transportation Tech companies in 17 categories across 66 countries, with a total of $85 Billion in funding. Click here to learn more about the full Connected Transportation market report.