PitchBook Data

Fast’s demise will teach us just how fragile newly built unicorns really are

Although there was still ample capital in the market and deal-making appeared strong at the start of this year, we're seeing stress cracks appear across the startup sector. What gives?

Your startup raised at 40x revenue. What’s it worth at, say, 6x?

What's your startup worth with a single-digit revenue multiple? For startups building software in the last few years, the question may sound unnecessarily harsh. It's not.

Ardoq, the enterprise architecture startup, raises $125M to help organizations make sense of their networks

As organizations continue to build out their digital architecture, a new category of enterprise software has emerged to help them manage that process. Now, Ardoq — which makes enterprise archite

Apollo.io raises $110M as its sales intelligence platform crosses 16K paying companies

One of the bigger impacts of COVID-19 has been that more business than ever before is now being carried out online. To meet that opportunity, today a startup called Apollo.io has raised $110 million.

Are late-stage startup valuations going to suffer this year?

Everyone can run the math on what slowing growth and cash burn are worth on the public markets, and it's a very different number than it was last year.

Sweden’s Volta raises $260M at a $490M valuation to get its all-electric trucks into production by the end of this year

Volta Trucks — the Swedish electric vehicle startup that believes it can build better urban delivery vehicles and other trucks that are safer and take up a smaller carbon footprint than their ga

Why 2022 insurtech investment could surprise you

Insurtech startups that can retain a tech multiple have a shot at keeping their valuation intact; those that don’t may struggle.

Venture capitalists fell in love with Europe last year

Amid this long-lasting startup era, 2021 may go down as the peak venture capital year, especially in Europe.

Changes to corporate investing rules could diminish China’s resilient venture landscape

Losing Chinese corporate venture capitalists entirely, and overnight -- which will not happen, mind -- would be sharply contractionary but not lethal.

Why aren’t female founders getting a bigger piece of the pie? Theories abound

Less than 2% of venture capital funding went to all-female founding teams in 2021, marking a five-year low, new data from PitchBook shows. All-female founding teams did receive 83% more funding in 202

Dear VCs: If you want startup prices to come down, stop paying higher prices

That the venture capital market is incredibly exuberant at the moment is not news. Data from 2021 paints the picture of a startup fundraising game at peak velocity, with more capital, unicorns and nin

More LP transparency is overdue

Both LPs and VCs have reasons to want to keep their involvement confidential. But when these reasons aren't solid enough, the anonymity of a fund's limited partners might diminish.

H2O.ai raises $100M at a $1.6B pre-money valuation for tools to make AI usable by any kind of enterprise

H2O.ai — a startup that has developed an open-source framework as well as proprietary apps that make it easier for any kind of enterprise to build and operate artificial intelligence-based servi

Female founders are making a buzzing, venture-backed comeback

We’ll have a clearer view of 2021 when all the data trickles in after the conclusion of Q4, but it’s clear that female-founded startups are having a better year than they did in 2020.

Attest raises $60M to expand its no-code approach to research surveys as a service, which taps 110M consumers in 49 countries

Surveys have long been used by marketing teams and other business decision-makers to learn how customers tick. But they can be costly to put together, hard to run at scale, and, at the end of the day,

European point of sale provider SumUp acquires customer loyalty startup Fivestars for $317M

SumUp, a European-based competitor to Square, PayPal/iZettle and others that provide mobile-powered card readers and other sales technology to merchants and small businesses, has made an acquisition i

One Identity has acquired OneLogin, a rival to Okta and Ping in sign-on and identity access management

More consolidation is afoot in the world of cybersecurity, specifically around services to help organizations manage identity and access. Today, One Identity — which provides tools for managing

Multiverse, the tech-focused apprenticeship startup, nabs $130M at an $875M valuation

After rebranding from White Hat and raising $44 million earlier this year, tech apprenticeship startup Multiverse has raised another round of funding. The company today announced that it has closed $1

Software supply chain platform Cloudsmith raises $15M Series A led by Tiger Global

Cloudsmith, a cloud platform for software supply chain management, has raised a $15 million Series A funding round led by Tiger Global, which it claims is the largest-ever Series A funding round in No

Extra Crunch roundup: Zūm CEO interview, Cisco’s M&A ethos, neoinsurance bad romance

When is the last time your doctor treated you at home?
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