Locations

Boston · MA, USA; Santa Fe, NM, USA

Private financing in Boston, aggregated from public sources.

$9.5B
Capital raised
249
Companies
513
Rounds
2007
First on record
2026-02-13
Latest round

Cooling Boston drew $511.3M over the last 12 months, down 25% versus the prior 12 ($680.6M). Of 174 companies rankable against same-niche peers, 22% model over-valued and 27% under-valued.

Capital flow over time

Quarterly capital raised in Boston.

2008-Q4 · $600K2008-Q42009-Q1 · $6.6M2009-Q2 · $28.0M2009-Q3 · $182.2M2009-Q4 · $25.8M2010-Q1 · $21.9M2010-Q2 · $52.0M2010-Q22010-Q3 · $61.1M2010-Q4 · $110.8M2011-Q1 · $45.5M2011-Q2 · $29.4M2011-Q3 · $25.7M2011-Q4 · $23.2M2011-Q42012-Q1 · $6.2M2012-Q2 · $52.5M2012-Q3 · $91.8M2012-Q4 · $247.6M2013-Q1 · $8.1M2013-Q2 · $16.4M2013-Q22013-Q3 · $56.0M2013-Q4 · $16.2M2014-Q1 · $241.8M2014-Q2 · $70.5M2014-Q3 · $24.6M2014-Q4 · $130.9M2014-Q42015-Q1 · $92.8M2015-Q2 · $13.7M2015-Q3 · $64.6M2015-Q4 · $132.9M2016-Q1 · $213.1M2016-Q2 · $338.8M2016-Q22016-Q3 · $581.7M2016-Q4 · $36.3M2017-Q1 · $192.9M2017-Q2 · $30.9M2017-Q3 · $29.4M2017-Q4 · $36.0M2017-Q42018-Q1 · $85.4M2018-Q2 · $212.7M2018-Q3 · $107.2M2018-Q4 · $55.6M2019-Q1 · $213.9M2019-Q2 · $28.2M2019-Q22019-Q3 · $42.5M2019-Q4 · $193.0M2020-Q1 · $369.7M2020-Q2 · $230.8M2020-Q3 · $186.7M2020-Q4 · $270.3M2020-Q42021-Q1 · $112.6M2021-Q2 · $172.6M2021-Q3 · $1.2B2021-Q4 · $158.4M2022-Q1 · $364.0M2022-Q2 · $49.6M2022-Q22022-Q3 · $74.1M2022-Q4 · $357.9M2023-Q1 · $100.3M2023-Q2 · $22.9M2023-Q3 · $31.3M2023-Q4 · $100.1M2023-Q42024-Q1 · $99.0M2024-Q2 · $127.5M2024-Q3 · $345.0M2024-Q4 · $122.9M2025-Q1 · $104.6M2025-Q2 · $108.1M2025-Q22025-Q3 · $104.4M2025-Q4 · $371.9M2026-Q1 · $35.0M
Sector mix
SectorCompaniesRoundsCapital
Biotechnology1764$2.6B
Other3598$1.7B
Other Technology55172$1.5B
Other Health Care826$803.4M
Telecommunications39$523.7M
Pharmaceuticals35$432.0M
Healthtech923$340.5M
Other Energy416$294.3M
Top-funded companies
CompanySectorRaisedModeled value
Intarcia Therapeutics, IncBiotechnology$1.2B$8.4B
Akouos, Inc.Biotechnology$137.7M$4.3B
Motional AD LLCManufacturing$239.7M$2.7B
Ensoma, Inc.Biotechnology$169.6M$2.3B
Galecto, Inc.Pharmaceuticals$428.3M$2.0B
Evolution Parent Holdings LLCBusiness Services$192.5M$2.0B
Jana Mobile Inc.Other Technology$93.3M$1.8B
Placester, Inc.Other Technology$93.5M$1.6B
DVX Ventures LLCOther Technology$119.8M$1.5B
Scorpion Therapeutics, Inc.Biotechnology$297.4M$1.4B
iboss, Inc.Other Technology$85.0M$1.4B
Gelesis IncBiotechnology$37.7M$1.3B
American Well CorpOther Health Care$755.5M$1.1B
Char Software, Inc.Other Technology$55.2M$1.1B
ChaosSearch, Inc.Other Technology$40.0M$1.0B
Strand Therapeutics IncBiotechnology$166.1M$883.1M
Botkeeper Inc.Other Technology$84.8M$882.1M
Kojin Therapeutics, Inc.Biotechnology$30.2M$807.6M
Gemvara Inc.Other Technology$42.1M$776.2M
Open Blue Sea Farms, Inc.Agriculture$156.6M$741.9M
More in MA, USA; Santa Fe, NM, USA

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Frequently asked
How much venture funding have companies in Boston raised?
Companies based in Boston have raised approximately $9.5B across 513 recorded financing rounds among 249 companies, aggregated from public sources.
Is startup funding in Boston growing?
Boston funding is currently cooling: capital raised over the last 12 months was down 25% versus the prior 12 months.
What sectors are most active in Boston?
The most active sectors in Boston by recorded financing are Biotechnology, Other, Other Technology, Other Health Care. See the sector mix table for company and round counts.
Which are the most-funded companies in Boston?
The most-funded Boston companies in our coverage include Intarcia Therapeutics, Inc, Akouos, Inc., Motional AD LLC, Ensoma, Inc., Galecto, Inc.. See the ranked table for disclosed capital and modeled valuations.