Valuations ended the year down
After a subdued first six months, valuations started to recover in the second half of 2023, but still ended the year down overall. The magnitude of declines YoY varied greatly across stages, from relatively flat in Series C to more than 50% in Series D+.
Data also shows growing variability of fundraising outcomes (both up and downside) amid late-stage deals, in particular Series D+, as compared to early-stage transactions, indicating increasing uncertainty at the mature end of the market.
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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