Earlier than the COVID-19 pandemic shook up the world and reshaped the economic system, Boston was quietly setting data.

In accordance with new enterprise knowledge compiled by TechCrunch, the area set what was at the very least an area most in enterprise capital raised within the area of a single quarter in Q1 2020.

However whereas Boston’s startup market introduced a lot of large rounds that bolstered its whole enterprise {dollars} raised within the first quarter, there have been indicators of weak point: Deal quantity was its greatest since Q2 2019, in line with a set of information compiled and released by PwC and CB Insights, however was nonetheless just a little beneath the tempo set in 2018.

So Boston’s startups raised plenty of cash, however couldn’t match prior highs when it got here to the variety of checks written. And people outcomes had been largely recorded earlier than COVID-19 shuttered town. Since then, we’ve seen a lot of space startups lay off workers, one thing we explored final week.

Now, with contemporary knowledge in hand, we will take a more in-depth have a look at town’s first quarter of 2020. To raised perceive what we’re unpacking, we requested a lot of native enterprise capitalists to weigh in. Let’s look again at Boston’s Q1 as we stride into Q2 with the assistance of Enterprise Lane, .406 Ventures, Volition Capital and Flybridge Capital Companions.

The info

Beginning with a programming observe is counter-flow, however bear with us. TechCrunch is beginning a daily, month-to-month sequence on Boston and its startup market. This can be a second prelude of kinds. Usually we’d maintain information and interviews for a later date in order that we’d have loads of materials for a column. Within the face of relentless change, nonetheless, we didn’t need to maintain off on reporting and synthesizing new data. When issues are extra regular, our tempo will comply with.

Per PwC and CB Insights, right here’s the previous few quarters of information, together with a couple of yearly totals to attract you the image we will now see:



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