The PitchBook-NVCA Venture Monitor, produced by NVCA and PitchBook, is the authoritative quarterly report on venture capital activity in the entrepreneurial ecosystem.

What’s new: The Q3 2023 PitchBook-NVCA Venture Monitor, sponsored by Insperity, J.P. Morgan, Dentons, and Deloitte captures how investors and founders are reshuffling their priorities to buy time and identify high-impact innovations as the market tightens further:

• The combined liquidity crunch and shuttered IPO window have left startups across all VC stages with fewer options for receiving capital.
• Dry powder figures appear strong, but without a consensus on whether the market has hit bottom, investors are more cautious than ever about deploying capital.
• Portfolio markdowns, the denominator effect, and rising interest rates have diminished LP interest in the VC asset class.

Learn more about real-time fundraising, investments, exits, and other relevant industry analyses by:

• Downloading the full report
• Diving into the data pack

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Contact information:

• For more information on the report, contact research@nvca.org
• For media inquiries, contact press@nvca.org
• For sponsorship opportunities, contact jvita@nvca.org

Special thanks to NVCA’s official data provider, PitchBook.