Tech Startup Highlights from Venture Scanner
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Transcript of Tech Startup Highlights from Venture Scanner
Technology Startup Market Highlights
Prepared for
Finance related technology startup highlights
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This snapshot provides a sector overview, trends, and recent events for three different technology startup markets
Venture Scanner reports are built by analysts utilizing our startup database and research platform
Financial Technology(Fintech)
Companies that build or utilize technology that serves existing components of the banking system or develops alternatives to those components
Blockchain Technology(Blockchain)
Companies that build or utilize digital currencies (such as bitcoin) or the underlying distributed ledger and blockchain technology
Insurance Technology(Insurtech)
Companies that facilitate the operational procedures of insurance companies or enhance a consumer’s ability to manage their insurance needs
Fintech Highlights
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Financial technology startups are creating new businesses in 16 categories
The full Venture Scanner market report and database tracks 2,267 companies
with $72B in funding
FINANCIAL TECHNOLOGY
The graphic above shows a random sampling of companies in each category, data as of July 2017
Lending Personal Finance Payments Equity Financing International Transfer
Retail Investing Institutional Investing
Security Infrastructure Business Tools Crowdfunding Research & DataDigital Banking
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Innovation quadrant for financial technology
This quadrant shows a relative segmentation of the categories with respect to one another, data as of July 2017
Average Funding
ESTABLISHED HEAVYWEIGHTS
PIONEERS DISRUPTORS
Ave
rage
Age
Consumer Lending
Payment Backend
Consumer Payments
Business Lending
POS Payments
Banking Infrastructure
Transaction Security International
Transfer
Equity Financing
Crowdfunding
Business Tools
Retail Investing
Personal Finance
Digital Banking
Institutional Investing
Financial Data
Fintech Blockchain Insurtech
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Investing into the sector is occurring across a variety of categories
The Business Lending and Consumer Lending categories account for 36% of venture funding and 19% of total companies in the fintech sector
Venture Investing in Financial Technology
Companies are categorized by function, and therefore can exist in multiple categories. Data through July 2017
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Fintech Blockchain Insurtech
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VC funding into fintech has grown in recent years
Overall fintech VC funding grew at a CAGR of 49% from 2011-2016, and 2017 is currently at 62% of 2016 funding
Financial Technology Funding Over Time
Data through July 2017
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Fintech Blockchain Insurtech
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Fintech funding amounts are dominated by early stage events
Financial Technology Funding Amount By Round
59% of 2016 fintech VC funding went into Series B events
Graphs shows only the funding rounds listed therein, data through July 2017
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Late Stage Series D Series C Series B Series A Seed
Fintech Blockchain Insurtech
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Fintech startups are a global phenomenon
Financial Technology Startup Count by Country
Data through July 2017
11250
Companies
Fintech Blockchain Insurtech
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A variety of top investors are making bets into fintech
Selected Investor Activity in Financial Technology
The above count represents a subset of overall investor activity, data through July 2017
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Fintech Blockchain Insurtech
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Exits within the financial technology space have grown in the past few years
Exit events within the fintech sector grew by 350% from 2011 to 2016, and 2017 is currently at 78% of the 2016 total
Financial Technology M&A and IPO Events By Year
Data through July 2017
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Fintech Blockchain Insurtech
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Recent financial technology funding statistics
There have been 165 fintech funding events from April 2017 through June 2017
Recent Financial Technology Funding Round Counts
Graph shows only the funding types listed therein, data as of July 2017
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Seed Series A Series B Series C Series D Series E Late Stage
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Recent financial technology funding events
Notable Recent Financial Technology Funding Events
Company Funding Type Amount Date
Late Stage $1,400,000,000 May 18, 2017
Late Stage $580,000,000 May 12, 2017
Series E $550,000,000 May 8, 2017
Private Equity $300,000,000 June 8, 2017
Private Equity $263,000,000 May 29, 2017
Fintech startups raised $5.8 billion from April 2017 through June 2017
Data as of July 2017
Fintech Blockchain Insurtech
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Recent financial technology exit events
Notable Recent Financial Technology Exit Events
Company Acquirer Amount Date
$230,000,000 April 25, 2017
$145,000,000 June 29, 2017
$100,000,000 Jun 20, 2017
$78,500,000 Jun 13, 2017
Unknown April 4, 2017
There have been 18 fintech exits from April 2017 through June 2017, including 17 acquisitions and 1 IPO
Data as of July 2017
Fintech Blockchain Insurtech
Blockchain Highlights
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Blockchain technology startups are creating new businesses in 12 categories
The full Venture Scanner market report and database tracks 945 companies with
$3.5B in funding
BLOCKCHAIN TECHNOLOGY
The graphic above shows a random sampling of companies in each category, data cumulative as of August 2017
Exchanges Mining Wallets
Payments Financial Services
Infrastructure Blockchain Innovations Big Data
Trust
Gambling
News
Services
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Innovation quadrant for blockchain technology
This quadrant shows a relative segmentation of the categories with respect to one another, data cumulative as of August 2017
Average Funding
ESTABLISHED HEAVYWEIGHTS
PIONEERS DISRUPTORS
Ave
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Blockchain Innovations
Payments
Exchanges Wallets
Mining
Trust
Financial Services
Infrastructure
Big Data
News/Data
Gambling
Services
Fintech Blockchain Insurtech
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Investing into the sector is occurring across a variety of categories
The Blockchain Innovations category accounts for 43% of venture funding and 18% of total companies in the blockchain technology sector
Venture Investing in Blockchain Technology
Companies are categorized by function, and therefore can exist in multiple categories. Data cumulative through August 2017
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Fintech Blockchain Insurtech
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VC funding into blockchain tech has grown in recent years
Overall blockchain technology funding grew at a CAGR of 153% from 2011-2016, and 2017 is currently at 157% of 2016 funding
Blockchain Technology Funding Over Time
Data cumulative through August 2017
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Blockchain technology funding amounts are focused on early stage events
Blockchain Technology Funding Amount By Round
Series A financings accounted for 48% of total 2016 sector VC funding
Graphs shows only the funding rounds listed therein, data cumulative through August 2017
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Fintech Blockchain Insurtech
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Blockchain technology startups are a global phenomenon
Blockchain Technology Startup Count by Country
Data cumulative through August 2017
3500
Companies
Fintech Blockchain Insurtech
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A variety of top investors are making bets into blockchain technology
Selected Investor Activity in Blockchain Technology
The above count represents a subset of overall investor activity, data cumulative through August 2017
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Fintech Blockchain Insurtech
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Exits within the space have been dominated by acquisitions
Exit events within the sector has grown 14 times from 2012 to 2016, and 2017 is currently at 33% of the 2016 total
Blockchain Technology M&A and IPO Events By Year
Data cumulative through August 2017
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Fintech Blockchain Insurtech
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Recent blockchain technology funding statistics
There have been 29 funding events from April 2017 through June 2017
Recent Blockchain Technology Funding Round Counts
Graph shows only the funding types listed therein
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Seed Series A Series B Series C Series D Series E Late Stage
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Recent blockchain technology funding events
Notable Recent Blockchain Technology Funding Events
Company Funding Type Amount Date
Venture $107,000,000 May 23, 2017
Initial Coin Offering $80,000,000 June 27, 2017
Series A $44,000,000 May 8, 2017
Series B $40,000,000 June 22, 2017
Post IPO Debt $25,000,000 May 11, 2017
Blockchain technology startups raised $414 million from April 2017 through June 2017
Fintech Blockchain Insurtech
Insurtech Highlights
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Insurance technology startups are creating new businesses in 14 categories
The full Venture Scanner market report and database tracks 1,317 companies
with $19B in funding
INSURANCE TECHNOLOGY
The graphic above shows only a sampling of companies in each category, data as of July 2017
Automotive Employee Benefits Enterprise/Commercial Health Data/Intelligence
Consumer Management
Education/Resources
Marketplace/Comparison
Infrastructure/Backend
User Acquisition Life, Home, P&C P2P Insurance Product Reinsurance
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Innovation quadrant for insurance technology
This quadrant shows a relative segmentation of the categories with respect to one another, data as of July 2017
Average Funding
ESTABLISHED HEAVYWEIGHTS
PIONEERS DISRUPTORS
Ave
rage
Age
Reinsurance
Life, Home, P&C
Auto Insurance
Health Insurance
Employee Benefits
Insurance Data
Insurance Comparison
Insurance Infrastructure
Enterprise
Product Insurance
P2P InsuranceCustomer Management Education
User Acquisition
Fintech Blockchain Insurtech
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Investing into the sector is occurring across a variety of categories
The Health Insurance category accounts for 29% of venture funding and 8% of total companies in the insurtech sector
Venture Investing in Insurance Technology
Companies are categorized by function, and therefore can exist in multiple categories. Data through July 2017
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Fintech Blockchain Insurtech
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VC funding into insurtech has slowed in recent years
Overall insurtech VC funding grew at a CAGR of 36% from 2011-2016, and 2017 is currently at 43% of 2016 funding
Insurance Technology Funding Over Time
Data through July 2017
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Insurtech funding amounts are dominated by early stage events
Insurance Technology Funding Amount By Round
50% of 2016 insurtech VC funding went into Series A events
Graphs shows only the funding rounds listed therein, data through July 2017
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Late Stage Series D Series C Series B Series A Seed
Fintech Blockchain Insurtech
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Insurtech startups are a global phenomenon
Insurance Technology Startup Count by Country
Data through July 2017
7000
Companies
Fintech Blockchain Insurtech
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A variety of top investors are making bets into insurtech
Selected Investor Activity in Insurance Technology
The above count represents a subset of overall investor activity, data through July 2017
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Fintech Blockchain Insurtech
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Exits within the insurance technology space have grown in the past few years
Exit events within the insurtech sector grew by 270% from 2011 to 2016, and 2017 is currently at 49% of the 2016 total
Insurance Technology M&A and IPO Events By Year
Data through July 2017
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Fintech Blockchain Insurtech
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Recent insurance technology funding statistics
There have been 42 insurtech funding events from April 2017 through June 2017
Recent Insurance Technology Funding Round Counts
Graph shows only the funding types listed therein, data as of July 2017
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Seed Series A Series B Series C Series D Series E Late Stage
Fun
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Fintech Blockchain Insurtech
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Recent insurance technology funding events
Notable Recent Insurance Technology Funding Events
Company Funding Type Amount Date
Series B $160,000,000 June 1, 2017
Series D $130,000,000 May 10, 2017
Series A $50,000,000 April 26, 2017
Series D $45,000,000 April 6, 2017
Series A $35,000,000 May 3, 2017
Insurtech startups raised $655 million from April 2017 through June 2017
Data as of July 2017
Fintech Blockchain Insurtech
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Recent insurance technology exit events
Notable Recent Insurance Technology Exit Events
Company Acquirer Amount Date
$1,700,000,000 May 2, 2017
$156,000,000 April 9, 2017
Digital Insurance Group Unknown Jun 29, 2017
Unknown Jun 27, 2017
Unknown Jun 13, 2017
There have been 9 insurtech exits from April 2017 through June 2017, all of which have been acquisitions
Data as of July 2017
Fintech Blockchain Insurtech
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