Company slowdown finally hit early-stage valuations, PitchBook data shows –

Carta reports ‘sharp’ quarter-over-quarter dip in median Series B valuations

Since technology As stocks repriced in late 2021, we kept hearing that the correction would eventually trickle down to privately held startups.

Each quarter brought its share of answers about how the venture capital slowdown would unfold. Would it be the first to affect late-stage deals? Yes. Would it ever reach the angel and seed stage? Maybe not.

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It didn’t take long for a trend to emerge: Last quarter, we reported that the company’s slowdown impacted fundraising for startups of all sizes and industries. And we also noticed that round sizes from the Series A to C phases were on the decline in the United States.

Subscribe to TechCrunch+Our conclusions were based on early data from Carta on Q1 2022 operations through the property management platform. As such, it was a good indicator of general investment in startups in the first three months of the year – and the trend was confirmed when the platform released a more comprehensive overview that we analyzed a few weeks later.