Those rounds actually experienced quarter-over-quarter valuation growth for the first time in at least a year. Against the backdrop of a frozen IPO market and slowing venture activity, this is some optimistic but surprising news in the land of venture.
But late-stage deals remain under pressure. The median valuation for Series D+ rounds dipped to $0.9B — just below the threshold for unicorn status.
CB Insights clients can download the full report for a complete breakdown of historical data across all stages, including: