The Grammys—aka the Beyonce/Adele show—got us wondering about who is backing entertainment-based tech businesses.
Over the last five years, 1,003 investors have participated in at least one of the 360 deals in the US entertainment software space, according to the PitchBook Platform. Capital invested in the industry, which includes music streaming services like Spotify, rose dramatically between 2013 to 2014, jumping from $312.5 million to $993.9 million. In 2016, though, that figure dropped to $439.1 million.
Here are the top 7 VCs in the US entertainment software industry since the start of 2012, along with deal counts (not including accelerator rounds):
1. General Catalyst Partners (13)
T-2. Greylock Partners (12)
T-2. Greycroft Partners (12)
4. IDG Ventures USA (11)
5. Andreessen Horowitz (10)
T-6. Signia Venture Partners (9)
T-6. Benchmark (9)
PitchBook Platform users can access the full data.
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