Series A pre-money valuations shifting up
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Median series A pre-money valuations have increased ~75% from trough 2020 levels to peak 2024 levels, despite a slowdown in volume.
All quartiles saw a marked improvement, though top quartile companies saw the greatest gains. Notably, developments have shifted the bottom-quartile into what used to be median territory. The ~$30M median valuations during mid-2020 are what we are seeing in bottom-quartile valuations today.
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