October 2024: Investor Type by City Tier Tier 1 cities continued to attract strong interest from Venture Capital and Private Equity (VC/PE) firms, with 56 deals compared to only 8 deals in Tier 2 & 3 cities. Angel investors were also more active in Tier 1, participating in 25 deals, while Tier 2 & 3 cities saw just 3 angel investor deals. Family offices remained concentrated in Tier 1 cities, with 7 deals, and had no activity in Tier 2 & 3 locations. Note: Any funding deal can have participation from more than one type of investors(angel investor, family office etc) resulting in deals being counted more than once in this analysis.