It's taking companies longer to raise capital
Data based on Aumni-tracked venture deals shows that the mean and median time between financing rounds continued increasing in 2023 for all rounds from Seed through Series D+, reaching a five-year high of an average of approximately 23 months in late 2023. The average time between rounds, which is consistently higher than the median, implies that outlier companies are taking much longer to raise capital.
Want to explore more? This is one of dozens of charts and related insights in Aumni’s Venture Beacon Year End 2023 Report.
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