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PitchBook-NVCA Venture Monitor

Q4 2020

PitchBook-NVCA Venture Monitor

January 13, 2021

At the outset of the pandemic, many thought the US venture industry was staring down a major decline, but 2020 actually ended with new records in dealmaking, exit value, and fundraising. Investors and LPs remained active, and tech-enabled industries rode tailwinds created by the pandemic-forced unlocationing of business, education and healthcare. 2020 top-line figures of the US VC industry are staggering: $156.2 billion invested, $290.1 billion exited, and $73.6 billion raised by VC funds. These record figures should set the industry up for continued strength moving into 2021.

This report was sponsored by NVCA, in partnership with Silicon Valley Bank and Velocity Global. Interested in sponsoring future editions of this report? Visit our media partnerships page to learn more.