Last year was a high point for the U.S. venture industry. $77.3 billion was invested across 8,000+ financings in the U.S. during 2015, easily the highest total of the decade, as seen in PitchBook's 2015 Annual U.S. Venture Industry Report. But even as the total of capital invested soared, the number of financings plunged by approximately the same percentage, 13.7%. Did 2015 represent a peak for U.S. VC?
In the full report, we analyze U.S. venture activity across a wide variety of metrics to assess whether or not it was. Financings by sector and stage, IPO activity, VC fundraising—we cover it all, including a special feature on health-focused wearables. There's much to consider, but here are a few key data points:
Quarterly numbers reveal a slump of 16% in capital invested from 3Q 2015 to 4Q, as activity also dipped
After four quarters of $10B+ invested totals apiece invested at the late stage, 4Q dipped to $9.3 billion
VC exits in the U.S. slid to 176 in 4Q, the lowest since 2011
Access the full report for free by clicking here. A note to our loyal readers: We shifted the naming conventions regarding timeframes in our report titles to reflect the timeframe of the datasets. Consequently, this 2015 Annual VIR will include data as of the end of 2015; the next will be titled 1Q 2016.