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
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