2014 In IPOs

According to Renaissance Capital, there were 273 IPOs that raised $85 billion of gross proceeds. The number of offerings in 2014 increased by nearly 23% and the proceeds raised increased by 55% over 2013. Alibaba's $25 billion offering was the largest IPO in history, and there were 11 IPOs that exceeded $1 billion in proceeds.

The number of healthcare IPOs doubled in 2014 to 100. Biotechs comprised 25% of total deal volume, with 69 IPOs, an 86% increase over 2013. Financial industry proceeds were up by 82% over 2013, including the proceeds from seven billion dollar IPOs, although the number of offerings fell by 20%. Energy IPOs also reached a new proceeds record of $12 billion, but consumer IPOs raised only about one-third of the proceeds from 2013.