April 12, 2023
Pressure continues to mount on VC
There is no denying the obvious: Venture capital has gone through a rough couple of months. Just when a difficult exit environment seemed like it couldn’t get worse, the sudden failure of Silicon Valley Bank further rattled investors’ confidence. Deal activity dropped in all stages and sectors during the first quarter of 2023, and the fundraising momentum carried from 2021 has evaporated.
But is the outlook really all that pessimistic?
The Q1 2023 PitchBook-NVCA Venture Monitor, sponsored by Insperity, J.P. Morgan, and Dentons, tells the complete story behind the data. Spoiler alert: The outlook isn’t all doom and gloom.
|NVCA policy highlights||4|
|Angel and seed||9|
|A word from Insperity||19|
|A word from J.P. Morgan||22|
|Deals by sector||24|
|A word from Dentons||31|
|Q1 2023 league tables||45|