When D.C. edtech company EverFi announced its $190 million round on April 26, it was widely reported as the third largest edtech venture deal in history.
Yet, what we haven't talked about is how at the same time, EverFi's round also became the second largest venture deal in the D.C. metro area in the past 10 years.
According to data pulled by Pitchbook for DC Inno, only LivingSocial's $400 million deal in 2011 outsizes EverFi.
Let's take a look at the top 10 largest venture funding rounds closed in the past 10 years in the DMV:
1. LivingSocial, $400M
- Closed April 4, 2011
- Series E raise
- Investors: Lightspeed Venture Partners, Amazon.com, IVP, T. Rowe Price
2. EverFi, $190M
- Closed April 26, 2017
- Series D raise
- Investors: Allen & Company, Bezos Expeditions, Evan Williams, Advanced Publications, Eric Schmidt, TPG Growth, The Rise Fund, MainStreet Advisors
3. LivingSocial, $182.997M
- Closed Dec. 2, 2010
- Series D raise
- Investors: Lightspeed Venture Partners, Amazon.com
4. LivingSocial, $176.01M
- Closed Dec. 7, 2011
- Series F raise
- Investors: Grotech Ventures, US Venture Partners, Amazon.com, T. Rowe Price, Revolution, J.P. Morgan
5. Intrexon, $150M
- Closed May 1, 2013
- Series F raise
- Investors: Third Security, NewVa Capital Partners, Individual Investor, Colt Ventures, Randal J. Kirk, Third Point Ventures
6. Cvent, $135.86M
- Closed July 20, 2011
- Series A raise
- Investors: New Enterprise Associates, Insight Venture Partners, Greenspring Associates, Sachs Capital, CTW Venture Partners
7. GridPoint, $120M
- Closed Sept. 23, 2008
- Series E
- Investors: New Enterprise Associates, Perella Weinberg Partners, Robeco Group, Goldman Sachs Alternative Investments & Manager Selection Group, Susquehanna International Group
8. TV One, $119M
- Closed March 14, 2011
- Series not disclosed
- Investors: Undisclosed
9. GridPoint, $115.625M
- Closed March 11, 2009
- Series not disclosed
- Investors: Craton Equity Partners, Esther Dyson
10. Venture Global LNG, $115.039M
- Closed May 12, 2015
- Angel round
- Investors: Undisclosed