State of Venture 2023 Report

State ofVenture Global |2023 recap Global data and analysis on dealmaking, funding,and exits by private market venture companies Makesmartertech decisions. Our platform will help youdiscover, understand, andmanageyour response to emerging tech. Make confidenttech decisions that drive growth, improve operations, andbeat the competition with CB Insights. ▮▮▮▮IIIITry our platform–free!Sign up for a free trial ContentsState of Venture Sector Spotlights47 Geographic Trends84 “Steal” our data. Download the underlying data in this report. If you createany analysis or visualizations with this data, send it ourway and you could be featured in the CBI newsletter.@ us on social–LinkedIn X (Twitter)Instagram Global Trends Investment Trends State of Venture|Global Trends|Investment Trends Annualequityfunding & deals State of Venture|Global Trends|Investment Trends Quarterlyequityfunding & deals State of Venture|Global Trends|Investment Trends Funding & deals by global region in Q4’23 State of Venture|Global Trends|Investment Trends Percent of quarterly deals by global region State of Venture|Global Trends|Investment Trends Percent of quarterly deals by investor group State of Venture|Global Trends|Investment Trends Annualaverage& median deal size State of Venture|Global Trends|Investment Trends Annual median deal size by global region State of Venture|Global Trends|Investment Trends Annual median deal size by investor group State of Venture|Global Trends|Investment Trends Annual funding & dealsfrom mega-rounds (deals worth $100M+) State of Venture|Global Trends|Investment Trends Quarterly mega-round funding & deals State of Venture|Global Trends|Investment Trends State of Venture|Global Trends|Investment Trends Quarterly mega-round deals by global region State of Venture|Global Trends|Investment Trends Quarterly mega-rounds as percent oftotalfunding Global: Top equity deals in Q4’23 State of Venture|Global Trends|Investment Trends Annual percent of deals by deal stage State of Venture|Global Trends|Investment Trends Regional deal share by deal stagein Q4’23 State of Venture|Global Trends|Investment Trends Annual median funding by deal stage State of Venture|Global Trends|Investment Trends Global: Top seed/angel deals in Q4’23 Global: Top Series B deals in Q4’23 Global: Top Series C deals in Q4’23 Global: Top Series D deals in Q4’23 Unicorns State of Venture|Global Trends|Unicorns Quarterly new & total unicorns(private companies valued at $1B+) State of Venture|Global Trends|Unicorns State of Venture|Global Trends|Unicorns Quarterly new unicorns by global region Global: Top unicorn births in Q4’23 Exit Trends Quarterly exits State of Venture|Global Trends|Exit Trends Percent of quarterlyexits by global region Global: Top IPOs in Q4’23 Investors State of Venture|Global Trends|Investors State of Venture|Global Trends|Investors Global: Top VCs by company count in Q4’23 State of Venture|Global Trends|Investors Sector Spotlights Fintech State of Venture|Sector Spotlights|Fintech Annual funding & deals State of Venture|Sector Spotlights|Fintech Quarterly funding & deals State of Venture|Sector Spotlights|Fintech Percent of quarterlydeals by global region State of Venture|Sector Spotlights|Fintech Annualaverage& median deal size State of Venture|Sector Spotlights|Fintech Annual percent of deals by deal stage Fintech: Top equity deals in Q4’23 State of Venture|Sector Spotlights|Fintech Quarterly new & total unicorns Quarterly exits State of Venture|Sector Spotlights|Fintech Fintech: Top investors by company count in Q4’23 Retail Tech State of Venture|Sector Spotlights|Retail Tech Annual funding & deals State of Venture|Sector Spotlights|Retail Tech Quarterly funding & deals State of Venture|Sector Spotlights|Retail Tech State of Venture|Sector Spotlights|Retail Tech Percent of quarterlydeals by global region State of Venture|Sector Spotlights|Retail Tech Annualaverage& median deal size State of Venture|Sector Spotlights|Retail Tech Annual percent of deals by deal stage Retail Tech: Top equity deals in Q4’23 State of Venture|Sector Spotlights|Retail Tech Quarterly new & total unicorns Quarterly exits State of Venture|Sector Spotlights|Retail Tech Digital Health Annual funding & deals State of Venture|Sector Spotlights|Digital Health Quarterly funding & deals State of Venture|Sector Spotlights|Digital Health Funding & deals by global region in Q4’23 State of Venture|Sector Spotlights|Digital Health Percent of quarterlydeals by global region State of Venture|Sector Spotlights|Digital Health Annualaverage& median deal size State of Venture|Sector Spotlights|Digital Health Annual percent of deals by deal stage Digital Health: Top equity deals in Q4’23 State of Venture|Sector Spotlights|Digital Health Quarterly new & total unicorns Annual exits Quarterly exits State of Venture|Sector Spotlights|Digital Health Geograp