SEATTLE, WA – PitchBook and the National Venture Capital Association (NVCA) today launched the inaugural PitchBook-NVCA Venture Monitor, a brand new quarterly report to serve as the definitive source of information on U.S. venture capital activity in the entrepreneurial ecosystem. According to the Venture Monitor, nearly 2,000 investors deployed close to $15 billion in venture financing to more than 1,800 companies in the entrepreneurial ecosystem during the third quarter. The third quarter marked the fifth straight quarterly decline in the number of companies receiving venture investment and a 32% quarter-over-quarter decline. Despite a relative slowdown in venture investment activity, a continued rise in fundraising activity and optimism from leaders in the investment community signal continued confidence in venture’s role to drive innovation, create new job opportunities and advance the economy.
