Q2 2024
July 2, 2024
Don’t call it a comeback for VC yet
Two years into the market slowdown, VC dealmaking has remained surprisingly resilient. Deal counts have risen for three consecutive quarters, according to our estimates, and median valuation figures have risen too. On their own, these trends point to a return of market strength, but alongside the poor exit environment, it could be that even strong companies are finally being pushed to raise more capital.
There’s still plenty of time left in 2024 for GPs to see a reversal of their fortunes. Check out our mid-year review on the VC industry with our First Look data packs for the Q2 2024 PitchBook-NVCA Venture Monitor, Q2 2024 European Venture Report, and Global Venture Capital dataset.