VC Valuations Climb Higher Still as Hedge Funds and Other Nontraditional Investors Pile In

Hedge funds and other nontraditional investors are pumping more money than ever into venture capital deals — driving valuations to new heights, according to PitchBook. 

Early-stage valuations, which includes series A and series B, have gotten so high that they are beginning to resemble the late-stage valuations of previous years. In 2021, the median early-stage pre-money valuation reached $45 million, a 50 percent increase from 2020, PitchBook said in its annual U.S. VC valuations report. READ MORE