With Q1 venture capital investments in the U.S. reaching their highest level in 15 years, the pipeline of new IPOs looks especially healthy right now.
The amount invested was up 26% to $13.4 billion. It marked the fifth consecutive quarter in which VC investing exceeded $10 billion.
Most of that money went to more mature startups in later rounds of VC investing. That suggests a wave of new IPOs due to hit within the next two years.