2016 was a year of change for the US venture industry. Talk of a valuation bubble proliferated before the year even began; venture-backed IPO activity was the lowest since the financial crisis; VC invested in late-stage rounds continued to pile up even as activity fell; and fundraising continued apace. So, as we take stock in the first few days of 2017, is the venture market healthy?
In the 4Q 2016 PitchBook-NVCA Venture Monitor, we break down exactly why that is and how seemingly contradictory venture trends actually reveal a more complex narrative of how the US venture ecosystem was transformed last year. Produced in partnership with the National Venture Capital Association, the Venture Monitor features multiple datasets, including:
Deal, exit and fundraising activity by year and quarter
Breakdowns by sector, size and stage
Corporate VC and growth equity activity
Extended 4Q league tables of top deals, funds and exits, as well as breakdowns of activity by metropolitan area and congressional district