Market Conditions Update Q3 2023

Research & Frameworks
Market Conditions Update

Key Takeaways:

  • High velocity investment firms largely remain on pause
  • Deal activity stabilizing over past few quarters
  • Median deal markup remains near 5-year lows
  • Companies who raised waited over 1.5 years between rounds
  • Over 275 growth stage companies potentially in the market to fundraise over the next year
  • Market clears at the right valuation

Download the summary report here.

About The Growth Round Update

The Friends & Family Capital Growth Round Update features metrics that we track internally on companies raising capital at valuations ranging from $1 Billion to $10 Billion.

This is one of the assets we review with founders, CEOs, and CFOs in our network as they prepare for their growth rounds.

Download the summary report here.