Philadelphia’s VC Market Ranks Fifth in the US
The Philadelphia region has established itself as a major player in the venture capital market, ranking fifth in the United States in terms of deal count. According to the latest Venture Monitor report released by PitchBook and the National Venture Capital Association (NVCA), companies in the Philadelphia region raised nearly $500 million across 85 deals in Q4 2023. This high mark is a testament to the region’s thriving entrepreneurial ecosystem.
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