SAN FRANCISCO, CA (PRWEB) January 24, 2018
With an overall funding of close to $8.8 billion in 2017, martech investments saw a 37% decrease from $14.5 billion in 2016. While the total investment has reduced, the number of companies funded has seen a marked increase. More than 400 companies across 40 martech categories got funded this year, compared to 350+ companies across 41 martech categories in the previous year. A total of 19 Unicorns blazed into Martech in 2017.
Amit Varshneya, CEO of MarTech Advisor, commented “MTA has been and remains, both - consistent and committed - to tracking VC investment & growth in Martech. Our proprietary Investscape - first published in 2015 - has become the only free, credible and unbiased research available in the space, capturing the depth and detail of funding across all martech categories and geographies.”
AppLovin, a mobile marketing product company, emerged as the top funded company for 2017 with a funding amount of $841Mn. Other top funded martech companies include Unity Technologies ($400Mn), Slack ($250Mn) & Magento ($250Mn). Docker and Datarobot are the 2 martech companies that got funded twice in 2017.
Mobile Marketing, E-commerce & Sales Enablement are the top 3 funded categories that evoked VC interest this year with a combined total of $2.1Bn in investments.
Salesforce Ventures, emerged as the top investor for the second consecutive year with 15 investments across multiple categories. Accel Partners and Y Combinator ranked as the 2nd and 3rd major investor respectively. The trio were also the most recurrent investors across all 4 quarters this year.
Martech funding has picked up pace outside of US, as martech companies from China, United Kingdom, India, Canada, and new entrants Lithuania and Luxembourg saw some funding action this year.
The Annual Investscape tops off MarTech Advisor’s 4 Quarterly Investscape infographics for the year. Released since 2015, this year, the report has several new sections that provide informed commentary from industry experts, comparative graphs and charts tracking data from 2014 onwards, and a compilation of all the quarterly infographics – to create one bumper issue for anyone interested in the martech landscape - across vendors, startups, VCs and marketers.
MarTech Advisor’s Annual Investscape 2017 is now available here. Get your copy with a single click - no forms!
You can access all previous MarTech Advisor Investscape infographics since 2015 here
About MarTech Advisor
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