PitchBook April 22, 2015
PitchBook’s recently published U.S. Venture Industry Report examines U.S. VC activity in the first quarter of 2015, providing a comprehensive look at the evolution of trends within the space. Report highlights include deal flow by stage and size, investment by region, exit and fundraising overviews, and league tables. You can download the full report for free here. For several key takeaways, check out the video above or read below.
There were 1,262 VC rounds completed during 1Q 2015, a 10% decline from 4Q 2014 and a 24% decline from 3Q 2014.
There has been an unmistakable decline in the number of angel/seed rounds. This may be attributed to $1M+ rounds, which now account for nearly 70% of all VC financings.
As median price tags rise, investors are slowing activity, backing only the most promising opportunities they come across. This is evident in the 278 first-time financings completed during 1Q 2015, 62% less than 1Q 2012.
As for exits, both capital exited and exit counts were below any quarterly total since early 2013.
With the PitchBook Platform, you can track VC activity by quarter, year, size, region and more. Click here for your free trial.