Press Release

Cooley Again #1 Law Firm for Venture-Backed Companies in PitchBook’s Annual Global League Tables

Firm earns multiple top rankings for 2023 venture capital transactions
February 27, 2024

Palo Alto – February 27, 2024 – For the fourth consecutive year, PitchBook has named Cooley the #1 law firm representing companies in venture capital financings in the US and globally. PitchBook’s Annual Global League Tables are a comprehensive, year-end report on the top investors, advisers and more across private equity and venture capital. The publication also named Cooley the second-most active law firm in the US and globally for representation of investors in venture capital deals.

During calendar year 2023, Cooley handled 1,167 reported venture capital financings, representing $25 billion of invested capital.

PitchBook also designated Cooley as the most active firm, in the US and globally, based on representation of venture-backed companies for all deals, inclusive of venture capital, M&A and private equity. The firm received high rankings based on activity across all deal types, including early- and late-stage deals, along with ranking #1 for representation of VC-backed companies in exits. Additionally, Cooley ranked #1 overall in representation of venture capital financings in several industry sectors – including pharma and biotech and healthcare services and systems – as well as receiving high rankings in consumer goods and services, media, IT hardware and software, energy, and healthcare devices and supplies.

In addition to the rankings provided in the Global League Tables, according to PitchBook’s deal database, the firm ranked second for venture capital transactions involving artificial intelligence (AI) companies,* representing AI companies and their investors in 244 reported deals, totaling approximately $16.6 billion in deal value.

PitchBook is the premier data provider for the private and public equity markets, serving more than 90,000 investment professionals and business leaders.

Cooley works with 7,000+ innovative, high-growth private company clients, from newly formed companies to some of the largest and most sophisticated companies in the world, including more than 30% of US-based unicorns. Hallmarks of Cooley’s commitment to innovation include Cooley GO, a platform offering easy-to-navigate resources and document generators to help entrepreneurs grow their businesses, and Cooley Protect, a resource providing entrepreneurs and growth companies the information they need to make informed decisions about patent protection and strategy. Cooley GO also offers quarterly reports on venture capital financing trends.

* Platform data has not been reviewed by PitchBook analysts.

About Cooley LLP

Clients partner with Cooley on transformative deals, complex IP and regulatory matters, and high-stakes litigation, where innovation meets the law.

Cooley has more than 1,300 lawyers across 19 offices in the United States, Asia and Europe, and a total workforce of nearly 3,000.

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