Tampa Bay area companies had one of their strongest funding quarters of the year, according to a new report by Pitchbook.
The Tampa-St. Petersburg-Clearwater metropolitan statistical area raised $87.3 million across 15 deals in Q3, according to data collected by Pitchbook and the National Venture Capital Association. That figure is leaps ahead from Q2's $31.3 million, but a dip from Q1's $128 million raised.
Some of the biggest deals spanning from July to September include:
- Innovative water bottle company Cirkul raising a $30 million Series B
- Virtual care company Qure4u raising a $25 million Series B
- Home repair tech company Homee receiving $17 million in a Series B-2 round
- Insurance tech company TrustLayer raising a $15.1 million Series A
- Laundry tech company Washlava getting $9 million, along with a new CEO
The state overall raised $887.6 million across 118 deals. The Miami-Dade MSA raised a majority of that, with $624.1 million across 67 deals. The Orlando MSA raised $66.3 million across nine deals, with the Sarasota region largely rounding out the rest of the total funds raised, with $25 million across two deals. Other regions including Jacksonville, Naples and Melbourne made up the remaining difference.
Read more: Tampa Bay companies received more than $110 million in 2021's first half