Through 3Q, 2017 is on pace to see the highest number of $100 million+ VC rounds in the past decade. As late-stage companies have benefited from sustained injections of VC, the industry's traditional exit timelines have pushed out further and further. But how long can this trend persist?
The 3Q 2017 PitchBook-NVCA Venture Monitor digs into the data to analyze changes slowly sweeping across the US venture landscape.
Key highlights:
- Significant VC availability is allowing companies to forgo traditional exit timelines
- Startups are raising later, raising angel and seed rounds a median of 2.4 years after founding
- Though 3Q was slow, 2017 is likely to be the fourth consecutive year with $30 billion+ in commitments