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VC Market Insights

Open-source market data for founders. All sources linked. No paywalls.

2024 Global VC Market

NVCA MoneyTree, Pitchbook, CB Insights (2024)

$285B

Global VC Deployed

$170B

US VC Deployed

$18M

Median Seed Val.

$55M

Median Series A

28%

AI Share of VC

22%

Down Round Rate

18 months

Seed → A Time

1,200+

Unicorn Count

Sector Heat Map \u2014 2025 Activity

🤖

AI / Machine Learning

↑ HOT
95/100

AI received 28% of all global VC dollars in 2024. Foundational model deals ($100M+) dominate headlines but infra and application layers are where seed activity is highest.

Key metric: Revenue from API calls / usage
Avg check: $5M (seed) → $50M (A)
Red flag: Thin differentiation from GPT wrapper; no moat narrative
a16zRadical VenturesKhosla VenturesNEA
Browse AI / Machine Learning VCs \u2192
💳

Fintech

→ STABLE
72/100

Post-ZIRP correction stabilized. Embedded finance and B2B fintech growing steadily. Consumer neobanks crowded. Payments infrastructure and regulatory tech heating up.

Key metric: TPV, net take rate, CAC payback period
Avg check: $3M (seed) → $20M (A)
Red flag: Regulatory risk without clear compliance strategy
Ribbit Capitala16zBessemerIndex Ventures
Browse Fintech VCs \u2192
🌍

Climate Tech

↑ HOT
88/100

IRA tailwinds driving massive growth in US climate VC. Hardware-heavy deals getting done with patient capital. Carbon markets software and grid tech especially hot.

Key metric: Carbon abated per dollar, GW capacity, LCOE
Avg check: $5M (seed) → $30M (A)
Red flag: Policy dependency without defensible hardware/IP moat
Breakthrough EnergyCongruent VenturesPrelude VenturesLowercarbon
Browse Climate Tech VCs \u2192
🏥

Healthcare / Digital Health

→ STABLE
68/100

Post-COVID hangover mostly absorbed. AI diagnostics and clinical decision support red-hot. Mental health and women's health seeing renewed interest.

Key metric: Clinical outcomes + payer contracts
Avg check: $4M (seed) → $25M (A)
Red flag: Long reimbursement cycles without bridge revenue
Rock HealthARCH VentureOrbiMedGeneral Catalyst
Browse Healthcare / Digital Health VCs \u2192
🏗️

Enterprise SaaS

→ STABLE
65/100

Efficient growth required post-2022. 'Rule of 40' is now table stakes. AI-native SaaS commanding premium multiples. Vertical SaaS still strong.

Key metric: NRR >110%, CAC payback <18mo, gross margin >70%
Avg check: $3M (seed) → $15M (A)
Red flag: Growth without gross margin improvement; high S&M dependency
BessemerAccelBatteryInsight Partners
Browse Enterprise SaaS VCs \u2192
⛓️

Web3 / Crypto

↑ HOT
75/100

Spot ETF approvals and institutional adoption reactivated 2024. DeFi, L2 infrastructure, and gaming getting capital. Regulatory clarity improving.

Key metric: TVL, DAU, transaction volume
Avg check: $2M (seed) → $15M (A)
Red flag: No real utility; token-first thinking before product
Paradigma16z CryptoPolychainMulticoin
Browse Web3 / Crypto VCs \u2192

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