Cristine Carlton September 12, 2014
Last week, PitchBook published its comprehensive 2H 2014 VC Valuations & Trends Report, packed with median valuations from seed to D+ rounds, VC deal flow by quarter, public and private market comps and more. For a quick recap of the full report:
Seed, early stage and late stage valuations continue to climb with their ascent showing no signs of having slowed in the first half of 2014.
Along with higher valuations has come a decrease in the percentage stake that venture investors are acquiring in rounds.
The software and media industries are currently seeing the highest percentage of up rounds, while healthcare devices and supplies companies are seeing the lowest.
The increase in valuations has not yet cut into returns, as the median VC exit for 2014’s valuation came in 86% higher than at the most recent funding.
For all the talk of a bubble in valuations, there is very little evidence of valuation increases outpacing those of the public markets over the last few years.
For more cold hard data on valuations and trends, you can download the full version of the 2H 2014 VC Valuations & Trends Report here.