US Venture Capital Invested in 2018
November 16, 2018
The state of US venture capital in 15 charts
From Pitchbook.com by Dan Olsen, Oct. 29, 2018
There was $27.9 billion worth of venture capital invested throughout the US during 3Q 2018, pushing year-to-date deal value to more than $84 billion. That’s already a decade-high record, and there’s a quarter remaining. One major reason for the bounty of capital is the rise of big deals: Rounds totaling more than $50 million are becoming increasingly prevalent.
2018 deal value has already reached a decade high
The amount of VC invested in the US is on pace to top $100 billion this year and set a record. Regarding deal count, the story is slightly different, though: There was a double-digit decline in early-stage transactions in the third quarter and an even bigger decline for angel and seed-stage deals. The year’s deal count is set to be just about the same as 2017.
Deal value remains elevated
As of the end of the third quarter, median VC deal sizes had experienced significant percentage growth over 2017. The value of early-stage deals has risen YoY, as have median pre-money valuations across stages.
Unicorns raise record capital in 2018
One reason for the record amount of venture capital invested this year is the rise of unicorns. As of the end of the quarter, companies with valuations of $1 billion or more had closed 39 transactions for a total of $7.96 billion. That’s on pace for a new high in terms of both deal value and count.
Read the full article and see another dozen illustrative charts here: