Everyone is watching to see when venture fundraising will rebound. There has been much speculation surrounding when it will bounce back, and PitchBook is is now predicting it could be 2028 before we see a real recovery in venture fundraising. In this post, we explore the prognosis for a recovery and what it could mean for the greater innovation ecosystem.

Venture capital firms, or “VC’s”, experienced massive growth in 2021 through 2022, seeing their assets under management (AUM) grow 58% to $3.8 trillion. Fundraising was a principal driver of that growth; however, after those record-breaking years, venture fundraising has fallen off significantly. PitchBook analysts don’t expect this to recover to those kinds of highs until after 2028. READ MORE