RECORD NUMBER OF FLORIDA VENTURE CAPITAL DEALS IN 2018 TOTAL INVESTMENT DECLINED TO $1.7 BILLION

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    188

    According to InternetCoast research, 2018 Florida-based companies raised $1.7 billion from 189 deals, compared to $2.6 billion and 153 deals in 2017. “While a decline in investment could be unsettling, 2018 deal activity was the highest level in many years,” according to Dale Gregory, InternetCoast president. “Additionally, four large deals in 2017 accounted for $1.8 billion or 69 percent of all investments.1 In 2018 deal investments were in a tighter range, with three large deals accounting for $714 million or 42 percent of all investments.”