PitchBook-NVCA Venture Monitor First Look

The PitchBook-NVCA Venture Monitor First Look is a preliminary release of top-line venture industry figures for the US market, intended as a first-to-market source of key datasets and findings. It will serve as a preview of the full PitchBook-NVCA Venture Monitor, which will be released in full shortly after these initial figures are made public. The methodology behind the First Look and the full Venture Monitor remains the same and consistent with previous editions barring any explicit changes incorporated over time. Based on that methodology and PitchBook's current estimation calculations, there could still be minute disparities between these initial estimates and the final confirmed figures in the full report, but that likelihood remains minimal.

Tale of diverging trends for VC in 2022 

VC had quite a ride in 2022. In Q4, exit activity continued its steep decline—dipping below $10 billion in exit value generated on a quarterly basis for the first time since 2013. But fundraising reached a new annual high, topping $162.6 billion to mark the second consecutive year exceeding $150 billion. 
 

The first look at our upcoming PitchBook-NVCA Venture Monitor has the data on deals, exits, and fundraising for the year. The full report, sponsored by Insperity, J.P. Morgan, and Dentons, will be released Thursday.