Downward trend in venture funding seems to have reversed course
That's according to an analysis of Crunchbase data for the first half of 2024.
In this recent article for Crunchbase News, Gené Teare wrote that the venture market was three quarters into a funding slowdown as 2023 evolved, but that trend seems to have been reversed.
According to Crunchbase data, the first half of this year has reversed the downward trend as the median round size for funding at seed through Series C has picked up again. That comes after Teare notes that U.S. seed and early stage round sizes consistently saw an increase for a decade until early 2023.
“That median increase was most pronounced for seed and Series A — rising above 2021 and 2022 amounts. For H1 2024, median round sizes could come down as more fundings are added late — especially for seed — but median amounts look likely to be above 2023 amounts,” she writes.
Teare added that while Series B and C were below peak 2021 median amounts, they were up from 2023.
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