MATTERMARK 2015 US STARTUP FUNDING REPORT 10 Year Trends in Series B Capital Deployment $50 $45 $40 $35 $24M $30 $25 $20 verage Deal Size (millions USD)$15 A $10 $5 $0 1.2006 1.2007 1.2008 1.2009 1.2010 1.2011 1.2012 1.2013 1.2014 1.2015 1.2016 60 olume45 30 Monthly Deal V15 0 1.2006 1.2007 1.2008 1.2009 1.2010 1.2011 1.2012 1.2013 1.2014 1.2015 1.2016 Deals 6 Month Moving Average SOURCES: MATTERMARK RESEARCH, CRUNCHBASE, ANGELLIST 13