SEATTLE, NEW YORK, SAN FRANCISCO and LONDON, March 6, 2018 /PRNewswire/ -- PitchBook, the premier data provider for the private and public equity markets, today announced Adley Bowden, VP of research at PitchBook, will present at the SXSW Accelerator Award Ceremony, taking place in Austin, Texas on March 11th at 7:00pm CST. Bowden will provide a comprehensive overview of current trends in the seed and early venture capital space as well as overlooked areas for investment opportunities. According to the SXSW Accelerator Pitch Event Report from PitchBook, the Accelerator has played a pivotal role in shaping the early-stage venture ecosystem, celebrating over 400 participating companies and $4.63 billion in total venture capital raised. With over 600 applicants in this year's Pitch Event, 2018 marks the biggest year yet for the SXSW Accelerator.
"The SXSW Accelerator Pitch Event has a decade-long track record of supporting the world's most promising and innovative ideas and driving early-stage startup growth," said Adley Bowden, VP of research at PitchBook. "The Accelerator event serves as the perfect venue to share our data-driven perspective on the current venture market and untapped opportunities for entrepreneurs and venture investors to explore in 2018 and beyond."
SXSW Accelerator Awards Ceremony: Startup State of the Union
When: Sunday, March 11 at 7:pm CST
Where: Hilton Hotel, 4th Floor Salon A/B
Who: Adley Bowden VP of market development and analysis at PitchBook
Additional Details: By year end 2017, venture capital (VC) investors deployed $84 billion in 8,076 deals, the highest annual amount of capital invested in the entrepreneurial ecosystem since the dot-com era. Over the past several years, the VC industry has evolved as VC-backed companies stay private longer and command larger deal sizes. With fewer transactions yet more capital deployed into higher valued companies, deal counts dropped to the lowest figure since 2012, most notably in the angel and seed stage. Meanwhile, median and average deal sizes reached a decade-high in 2017. In his session, Bowden will provide an overview of overall VC investment activity, the deceleration of investment in seed and early stage companies and forward-looking trends for startups and investors, alike.
To learn more about PitchBook and the SXSW Accelerator Pitch Event, click here.
PitchBook is a financial data and software company that provides transparency into the capital markets to help professionals discover and execute opportunities with confidence and efficiency. PitchBook collects and analyzes detailed data on the entire venture capital, private equity and M&A landscape—including public and private companies, investors, funds, investments, exits and people. The company's data and analysis are available through the PitchBook Platform, industry news and in-depth reports. Founded in 2007, PitchBook has offices in Seattle, San Francisco, New York and London and serves more than 14,000 professionals around the world. In 2016, Morningstar acquired PitchBook, which now operates as an independent subsidiary.
SXSW dedicates itself to helping creative people achieve their goals. Founded in 1987 in Austin, Texas, SXSW is best known for its conference and festivals that celebrate the convergence of the interactive, film, and music industries. The event, an essential destination for global professionals, features sessions, showcases, screenings, exhibitions, and a variety of networking opportunities. SXSW proves that the most unexpected discoveries happen when diverse topics and people come together. SXSW 2018 will take place March 9-18, 2018.
SXSW 2018 is sponsored by Capital One, Mercedes-Benz, Bud Light, and The Austin Chronicle.