Once again, the VC industry continued to build on the strength of previous quarters
The VC industry roared ahead, setting records in Q3 and putting 2021 on track for another record-breaking year for venture investment, exit activity, and fundraising, despite mixed macroeconomic signals and a prolonged pandemic.
Welcome to our quarterly VC benchmark, where we will be breaking down VC activity in the US, Europe, and LatAm and what it means to you as an investor or founder. After going through extensive market intelligence from the industry's most trusted sources, here’s the top-line review of what went down in the Venture Capital world in Q3 of this year.
Q3 in a nutshell
Eighteen months into the COVID-19 pandemic, the VC industry has continued to prove its resiliency while also directly supporting the economic recovery and strengthening public markets.
Investment activity was healthy across seed, early, and late stages with deal size increasing for the latter two, continuing a long-term trend.
The growing participation of well-resourced nontraditional investors such as mutual funds, PE, hedge funds, and crossover investors in the venture space has contributed to the rise in deal size and valuations, reshaping the industry landscape in the process.