Dashboard: IPOs spike in June

Fundraising (value down 58.4%)

U.S.-based venture firms raised nearly $1.2 billion in June, a dramatic cut from the $2.8 billion raised in May. Madrona Venture Group was the leader of the month, raising $300 million for its sixth fund. Clarus Ventures was second by pooling about $265.8 million for Clarus Lifesciences III LP.

Deals (value down 31.3%)

June saw mixed results for deals. On one hand, the deal count for U.S.-based companies went up, going from 285 to 396. However, total value dropped from $8 billion to $5.5 billion. The top deal of the month was Wework Companies Inc closing on $400 million in equity. After that was Credit Karma Inc, which received $175 million in financing.

M&A (value down 52%)

There were a total of 19 venture-backed, U.S.-based companies that were acquired in June. Of those, only five reported prices that combined equaled $775.3 billion. That deal value represented a drop off from the $1.6 billion that was seen in May. The top deals with disclosed acquisition prices in June were Pentaho Corp being acquired by Hitachi Data Systems Corp for $498.6 million and Aptus Endosystems Inc sold to Ireland-based Medtronic PLC for $110 million.

IPO (proceeds up 207%)

IPOs had a big jump from May to June, with 11 new issues on the Nasdaq and NYSE exchanges , compared to eight the month before. The aggregate value skyrocketed from $695 million to $1.6 billion. The top offering of the month was Fitbit, a purveyor of fitness tracking devices, which went public for $841.2 million. Following that was Evolent Health LLC, a population health management services organization, which went public in a $195.5 million offering.

Data is continuously updated and is therefore subject to change.