Silicon Valley Bank, the Angel Resource Institute, and CB Insights just released their Q4 2014 Halo Report. The report shows that angel investment for the quarter has decreased, with the median round size ($600K) down 39% from Q1 2014 levels ($990K). Other notable findings include:
— Internet, healthcare, mobile, and telecom deals constituted almost 70% of all deals closed;
— Healthcare deals enjoyed the largest increase in median round size, increasing to $2.56M from $1.56M in Q1 2014;
— Internet deals suffered the largest decrease in median round size, dropping to $0.85M from $1.85M in Q1 20143;
— The median pre-money valuation of early-stage angel deals increased slightly to $3.0M;
— The Mid-Atlantic leads all states and regions in terms of angel dollars invested (23.3%);
— California leads all states and regions in terms of total angel deals (19.0%), followed by New England (15.6%) and Texas (11.7%).
You can find the full Q2 2014 Halo Report here.