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WASHINGTON, DC – The U.S. venture ecosystem ended 2020 with more than 10,800 companies across the country receiving venture funding and approximately 1,965 VC firms managing 3,680 venture funds with $548 billion in assets under management (AUM), according to the National Venture Capital Association 2021 Yearbook, with data provided by PitchBook.

The NVCA 2021 Yearbook is an annual publication documenting trends and analysis of venture capital activity in the U.S. from the past year and presents historical data and information about venture’s role in fueling entrepreneurship in America.