Business

Florida’s venture dollars on track to surpass 2015

Florida's startup and expanding companies so far this year have raised $1 billion in venture capital and angel investments, more than double 2015's total of $459.89 million, according to a MoneyTree Report released Friday.

While on track for the best year since 2000, Florida companies' venture capital during the third quarter is less than 1 percent of the total. During the quarter ending Sept. 30, 18 companies raised $92.76 million, compared with 13 companies raising $182 million for the third quarter in 2015.

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This story was originally published October 14, 2016 at 5:37 PM with the headline "Florida’s venture dollars on track to surpass 2015."

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