Total financial services industry venture financing deals worth $1.9bn were announced in North America in May 2022, led by $725m venture financing of Acrisure, according to GlobalData’s deals database.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

  • Embed this chart

    Embed this chart into your website

    Copy and paste the image source into your website to display the chart.

The value marked an increase of 183.2% over the previous month of $681.4m and a rise of 14.2% when compared with the last 12-month average of $1.69bn.

North America held a 48.74% share of the global financial services industry venture financing deal value that totalled $3.96bn in May 2022. With a 44.44% share and deals worth $1.76bn, the US was the top country in North America’s venture financing deal value across financial services industry.

In terms of venture financing deal activity, North America recorded 31 deals during May 2022, marking a decrease of 22.50% over the previous month and a drop of 40.38% over the 12-month average. The US recorded 27 deals during the month.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

North America financial services industry venture financing deals in May 2022: Top deals

The top five financial services industry venture financing deals accounted for 52.8% of the overall value during May 2022.

The combined value of the top five financial services venture financing deals stood at $1.02bn, against the overall value of $1.9bn recorded for the month.

The top five financial services industry venture financing deals of May 2022 tracked by GlobalData were:

1) Guggenheim Investments and Oak Hill Advisors $725m venture financing deal with Acrisure

2) The $145.2m venture financing of Neo Financial Technologies by Altos Ventures,Blank Slate Ventures,Gaingels,Knollwood Investment Advisory,Maple VC Partners,Tribe Capital and Valar Ventures

3) Matrix Partners and New Enterprise Associates $62.5m venture financing deal with Mashgin

4) The $45m venture financing of Noyo Technologies by Cap Table Coalition,Costanoa Ventures,Gusto,Homebrew,Norwest Ventures,Spark Capital and Workday Ventures

5) Cota Capital Master Fund,Element Ventures,MissionOG Capital,Octopus Ventures,Opera Tech Ventures,PostFinance,SBI Investment and TempoCap $40m venture financing deal with Token