Author's Profile

Kyle Stanford

Director, VC Research

Kyle Stanford, CAIA, is the director of US venture capital research at PitchBook, where he oversees a team of analysts covering the US venture market. He has developed PitchBook’s coverage areas within nontraditional VC investment, venture debt and VC ecosystem development, as well as our breakout of the venture growth stage of the VC market. He also contributes to quarterly core reports, produces thematic analyst notes on various topics and speaks at industry conferences such as SXSW and Collision. He is regularly cited in top-tier publications, including The Wall Street Journal, The Financial Times, and Axios, and has been featured in segments on CNBC, Bloomberg, and Yahoo Finance. Prior to this role, he worked on PitchBook’s publishing team, building custom reports across all asset classes and managing the development of analyst core research reports. 

Stanford received a bachelor’s degree in history from the University of Washington and is a CAIA charterholder. He is based in PitchBook’s Seattle office. 

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Articles by Kyle Stanford

Tariff Shock: Perspectives on Private Market Impacts

This analyst note examines how renewed US tariff uncertainty is reshaping risks, liquidity, and strategy across private credit, PE, VC, and European investments.
February 23, 2026

US VC Valuations and Returns Report

The 2025 Annual US VC Valuations and Returns Report delves into the sizes and valuations of the quarter’s US VC deals and examines the most recent returns data, highlighting deals with nontraditional investor participation and examining valuations by select sectors.
February 10, 2026

PitchBook Analyst Note: 2026 IPO Outlook for US VC

This analyst note examines how policy alignment, valuation resets, and uneven post-IPO performance are shaping a gradual and uncertain recovery for the US IPO market heading into 2026.
January 26, 2026

PitchBook-NVCA Venture Monitor

The Q4 2025 PitchBook-NVCA Venture Monitor presents a data-driven overview of the key trends defining the US venture capital landscape.
January 14, 2026

Global VC First Look

The First Looks are a preliminary release of top-line venture industry figures for the global, US, and European markets, intended as a first-to-market source of key datasets and findings.
January 6, 2026

PitchBook Analyst Note: AI, Megadeals, and the Making of a Concentrated Venture Market

PitchBook examines the rising concentration in US venture capital, where fewer companies and funds dominate dealmaking and fundraising. This research analyzes market share shifts across sectors and regions to assess VC’s diversification promise.
December 23, 2025

US Venture Capital Outlook

The 2026 US Venture Capital Outlook forecasts trends that will shape the US VC industry in the upcoming year.
December 1, 2025

US VC Valuations and Returns Report

The Q3 2025 US VC Valuations and Returns Report delves into the sizes and valuations of the quarter’s US VC deals and examines the most recent returns data.
November 9, 2025

PitchBook Analyst Note: Seed Under Pressure

Seed investing is evolving as deal sizes and valuations rise. With exit timelines extending to 11.5 years and large investors entering early stages, adaptation is crucial for seed investors’ success.
October 27, 2025

PitchBook-NVCA Venture Monitor

The Q3 2025 PitchBook-NVCA Venture Monitor presents a data-driven overview of the key trends defining the US venture capital landscape.
October 12, 2025