Overview

2018 was a peak year in number of IPOs of corporate-backed emerging business, while the first half of 2019 saw some much-awaited IPOs like those of Uber, Lyft and Slack. In this short analysis, we look at the broader picture for corporate-backed companies going public.

Large rounds tend to be raised by companies based in the US and China. Last year we saw a record number of corporate-backed rounds sized $100m and above.

Since the beginning of 2018, a fifth of all corporate investors whose deals we track appear to be newcomers.

Analysis: Q2 2019

The latest note by data provider PitchBook found that, in the context of growth in corporate venture capital, the most active CVC arms it examines have shown a strong historical performance and corporate-backed portfolio companies have reaped benefits in the form of higher exit chances and lower bankruptcy rates

It has been a remarkable decade for innovation capital. More than $1 trillion of venture capital had been invested by the end of last year, according to data provider Pitchbook, driven by corporations engaging in more than half that total, according to GCV Analytics.

Sector Analysis: Information Technology

Monthly analysis: June 2019