It was thought that venture valuations had peaked in 2015. Instead, they continued their upward trajectory in 2016, even as investment throughout the VC industry has become more rational, focusing on building value rather than stroking ego.
Our 2016 Annual VC Valuations Report delves into the recent boom in VC valuations, sifting through a series of datasets to find the sources of growth and highlighting key details that show where valuations are headed next. Also included are valuation step-up metrics, liquidation participation data, and corporate, hedge and mutual fund activity.
The median seed valuation increased by 87% from 2010 to 2016, hitting $8 million last year
The median Series C valuation surpassed $100 million in 2016, with commercial services seeing the biggest jump from 2015
US early-stage venture rounds with corporate VC participation saw their median valuation climb for the seventh consecutive year, increasing by 119% from 2009 to 2016