The following article was initially published on April 5, 2019 via Clay & Milk.
The following is a list of all known investments raised by Iowa companies through the first quarter of 2019. In total, Iowa-based companies raised just over $7.3 million.
Here is a list of Iowa companies that raised investment money in Q1 of 2019.
|Makusafe||West Des Moines||$2,850,000||02-14-19|
|Predictive Health Partners||Des Moines||$40,000||01-09-19|
Investment rounds took a dip in size
While the number of companies that raised money this quarter stayed roughly the same, the size of the rounds decreased. The average amount raised this quarter was $816,000. For comparison, in Q4 of 2018, eight companies raised a total of over $15 million, making for an average round size of $1.9 million.
Lots of funding in Central Iowa
Seven of the nine companies that received money in Q1 were from either Des Moines or Ames, with the other two from Cedar Rapids and Iowa City. This, largely, falls in line with investments we tracked throughout 2018. In 2018, 18 of the 31 companies that raised investment money were based in Des Moines or Ames.
This list was made from a combination of SEC filings, Crunchbase and previous Clay & Milk stories from throughout the year. If you are aware of investments we may have missed, please post them in the comments or send us an email and we will be sure to add them.
Clay & Milk composes a similar list of investments for every quarter to build a credible track record of capital raised throughout Iowa. Over time, we will add analysis to these posts, comparing past time periods and noting trends as they appear.
Read more articles about Iowa’s entrepreneurial ecosystem here.