2018 was a banner year in venture capital. Regardless of which resource is reporting, the year marked the highest annual total in venture investments since the number topped $100B in 2000. According to the latest Pitchbook-NVCA Venture Monitor report, VCs invested over $130B across 8,948 deals in 2018, while PwC MoneyTree pegs the number at $99.5B across 5,536 deals. Reduced number of investments and increased frequency of “mega-rounds” continue to bump the average deal size up, with 61.9% of capital invested coming from rounds in excess of $50M.
Other Progress Ventures News
Progress Ventures Gains Liquidity Through the Sales of tvScientific to Pinterest
Pinterest, Inc., a leading AI-powered visual search and discovery platform, today announced it has entered into a definitive agreement to acquire tvScientific, a connected TV (CTV) performance advertising platform. For the first time, Pinterest will combine its intent-rich audience signals with a CTV engine, so marketers can clearly measure how TV lifts the results of […]
4Q25 Macro Economic Outlook
Progress Partners’ Senior Managing Director, Chris Legg and Progress Ventures’ Managing Partner, Adriaan Zur Muhlen, shared their perspective on the current macroeconomic conditions and the implications for strategic M&A transactions for the end of the year. Click here for presentation