The PitchBook-NVCA Venture Monitor , produced with J.P. Morgan, Dentons, and Deloitte, offers a quarterly overview of the U.S. venture capital landscape. The Q1 2024 report highlights a challenging start to the year, with a 29% drop in deal value compared to the previous year and only $9.8 billion in new fund commitments, a stark decrease from 2022’s peak. Capital constraints and a scarcity of large deals have created the most investor-friendly market in over a decade. However, recent IPOs hint at a potential recovery in the exit market. The greatest strain is felt in venture-growth stage investments, reflecting a significant imbalance between capital demand and supply.

In essence, the PitchBook-NVCA Venture Monitor is a crucial resource for understanding the pulse of the venture capital landscape. The newly released Q1 2024 report, developed in partnership with J.P. Morgan, Dentons, and Deloitte, captures the latest trends and shifts in U.S. VC dealmaking, fundraising, and exit activity. The report's relevance is underscored by its timely analysis of a notably investor-friendly market in 2024, characterized by a sharp decline in deal values and capital availability. Despite the current liquidity crunch and decreased venture capital raised, the report provides valuable insights into emerging trends and signals of optimism for the IPO market. This makes the Venture Monitor an indispensable tool for investors and startups navigating a challenging and evolving venture environment, offering critical data and analysis to inform strategic decisions and adapt to market dynamics.