The time between successive venture rounds funding is getting smaller, according to a Crunchbase News analysis of startup financings for the past 18 years. The pace at which companies are raising money began to quicken a couple years ago, and it continues to accelerate.
Brooklyn-based Quip, a maker of electric toothbrushes and dental care products, has raised $40 million in a new debt and equity funding round. The financing comes amid a busy period for investment in oral care startups.
So far, many of the most valuable venture-backed companies are still private. But next year, it’s likely we’ll see a large number of decacorns, private companies valued at $10 billion or more, launching IPOs. The list of likely suspects includes Uber, Pinterest, Lyft and Airbnb.
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