FiBAN - 10 years of Inspiring Private Investments - Book - Page 29
Members
Local&Global
Data
Partners
Future
Photos
Data
“The amount of data
FiBAN’s members yearly entrust us is globally
unique.”
10 years of quantified impact
FiBAN’s data is based on voluntary questionnaires annually collected from our members and is thus more indicative than exact. The response rate has increased
throughout the decade reaching all-time high close to
70% towards the end of the decade. Our figures consist
of the data provided to us. By pooling data, FiBAN can
look into trends and findings which benefit the whole
angel investor community. All data handled by FiBAN is
aggregated and anonymous.
Oscar Björklund, Investment Analyst, FiBAN
Finnish early-stage growth companies’ funding
Finnish startups received an all-time high amount of
capital in 2019, according to investment statistics on the
Finnish startup and early-stage growth company
funding, published yearly by FiBAN and FVCA. Finnish
Business angel investments also reached an all-time
high in 2019, with 54 million euros invested into 426
startups.
28
Finnish early-stage financing by number of target
companies
Finnish business angels are actively investing in large
numbers of startups, creating the critical mass needed
for there to be a few to grow big with the help of
later-stage funding. Without investment from business
angels, many startups would not make it to the VCrounds. In this sense, business angels feed the deal flow
of venture capital funds.
Number of exits by FiBAN members
Successful exits are the ultimate metric for angel investors, and as the FiBAN network has expanded, so has
the number of exits by FiBAN members. It reached an
all-time high in 2019, with 102 exits. Half of the exits
made by FiBAN members are acquisitions, a third are
closing down or bankruptcy of the company while 2 %
are IPOs. The remaining are mergers or other forms of
exits. A third of the exits are very profitable, with a return multiple higher than 5.
29