The start of 2018 kicked off with carried-over momentum from a highly active 2017 in the US venture capital ecosystem, during which time the pace of investment reached a decade-high of over $82B in deployed capital. Already, 2018 is on track to continue the trends we have seen over the last several quarters, with $28.2B invested across a total of 1,683 deals in Q1 2018 according to the latest Pitchbook-NVCA Venture Monitor report. The total capital invested in the first quarter of 2018 is the highest seen since the mid-2000’s – a 33% increase over 4Q2017 and a 67% YOY increase over 1Q2017. About a quarter of these capitalizations came from unicorn investments (about $7.2B) but illustrates this growing trend seems to be here to stay: higher valuations across fewer total deals.
Other Progress Ventures News
4Q24 Macro Economic Outlook
Progress Partners’ Senior Managing Director, Chris Legg and Progress Ventures’ Managing Partner, Adriaan Zur Muhlen, and Vice President Brett Chatfield shared their perspective on the current macro-economic conditions and the implications for strategic M&A transactions for the end of the year. Access to the deck here
3Q24 Macro Economic Outlook
Progress Partners’ Senior Managing Director, Chris Legg and Progress Ventures’ Managing Partner, Adriaan Zur Muhlen, and Vice President Brett Chatfield shared their perspective on the current macro-economic conditions and the implications for strategic M&A transactions for the next 6 months. Access to the deck here