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US Venture Exit Value Achieved 290 Billion in 2020 Alongside Record Years for Investment and Fundraising Activity

SEATTLE, January 14, 2021 – Though the past year had a lot of uncertainty brought on by the coronavirus (COVID-19) pandemic, the US VC industry demonstrated its resilience and long-term mindset, achieving new records in total exit value, deal value and capital raised by VC funds, according to the PitchBook-NVCA Venture Monitor, the authoritative quarterly report on venture capital activity in the entrepreneurial ecosystem jointly produced by PitchBook and the National Venture Capital Association (NVCA), with support from Silicon Valley Bank and Velocity Global.