Cara Stone, LLP (“Cara Stone”) is pleased to present the Venture and Angel Capital Report (the “Report”), covering venture and angel capital activity in the Inland Northwest from 2011 to 2018.

The Venture and Angel Capital Report was started in Louisiana in 2014 and quickly became the definitive analytical document gauging the health and activity of venture and angel deal activity in the state. Government departments, economic development groups, and legislative bodies responsible for incentivizing venture and angel deals use the Report to inform policy. Companies and investors use the Report to benchmark deal terms and investment strategies in deals.

Vibrant, high-growth companies continue to emerge from markets that are outside of the traditional coastal ecosystems. Until now, we believe there has been a lack of information on the venture capital landscape in these markets. This report was designed to give companies, investors, and policymakers insight into the deals taking place in their market, the natural clusters that are forming, and the trends that are emerging over time.

Below is an outline of the report’s findings. To view the full report with specifics on fundraising terms in the Inland Northwest, fill out the form below.


 

 

The key findings of the Inland Northwest Venture and Angel Capital Report include:

  • Between 2011 and 2018 Inland Northwest companies completed 102 deals and raised approximately $210 million in venture capital.
  • In 2018 Inland Northwest companies raised the most capital of any year we examined raising over $65 million in capital in 16 funding rounds.
  • Spokane, WA had the highest level of deal activity of the Inland Northwest cities we examined with 69% of deal volume and 72% of capital raised. Sandpoint, ID had the second highest level of activity with 14% of deal volume and 11% of capital raised.
  • SAAS companies made up 36% of the total deal volume and 61% of capital raised from 2011 – 2018.
  • Manufacturing companies made up 18% of the deal volume and 16% of capital raised from 2011 – 2018.
  • Food & Bev companies made up 12% of deal volume and 8% of capital raised from 2011 – 2018.