Annual Report · 2026 Edition
The VC Industry Report
2026
Market data, fund performance, and LP trends — the definitive annual report for GPs, LPs, and emerging managers.
$99 · one-time purchase, instant PDF download
Instant PDF delivery. No subscription. No auto-renewal.
VC Beast Research
The VC Industry
Report 2026
Market Data · Fund Performance
LP Trends · Sector Analysis
120+ Pages · 10 Chapters
Key Findings Preview
A glimpse of what's inside.
These are selected data points from the report. The full edition contains 300+ sourced metrics across 10 chapters.
$186B
Total US VC deployed in 2025
Down 11% from 2024 but up 24% from 2023 — the recovery is real but uneven.
14.2mo
Median time to first close for Fund I managers
2.3 months faster than 2024, driven by LP platforms and emerging manager mandates.
3.4x
Top-quartile TVPI for 2019 vintage funds
The best-performing vintage since 2012. Early AI bets are driving outsized returns.
71%
of LPs plan to increase EM allocations in 2026
The highest share ever recorded. Fund-of-funds and family offices leading the charge.
Table of Contents
10 chapters. 120+ pages. Every data point sourced.
Each chapter includes analysis, data tables, charts, and actionable takeaways for fund managers and allocators.
State of the VC Market
Total capital deployed, deal volume, and year-over-year trend analysis across seed, early, and growth stages.
Fund Formation & Fundraising
New fund launches by strategy and size, median time to first close, GP commit levels, and first-time manager fundraising dynamics.
LP Sentiment & Allocation Trends
Institutional LP allocation shifts, emerging manager appetite, re-up rates, and co-investment demand by LP type.
Valuations & Deal Terms
Median pre-money valuations by stage, round-to-round step-ups, dilution benchmarks, and pro-rata rights trends.
Fund Performance Benchmarks
IRR, MOIC, DPI, and TVPI by vintage year and fund size. Top-quartile vs median vs bottom-quartile analysis.
Exit Environment & Liquidity
IPO pipeline, M&A multiples, secondary activity, time-to-exit distributions, and GP distribution strategies.
Sector Deep-Dives
AI/ML, fintech, climate, enterprise SaaS, consumer, and biotech — capital concentration, return profiles, and emerging sub-sectors.
Geographic Analysis
US vs Europe vs Asia deal flow, cross-border syndication, and regional LP base dynamics.
Portfolio Construction Playbook
Reserve ratios, follow-on rates, ownership targets, deployment pacing, and loss ratios across fund sizes and strategies.
2027 Outlook & Predictions
Forward-looking thesis on rates, dry powder, exit windows, LP appetite, and the sectors most likely to outperform.
Social Proof
Trusted by fund managers at 50+ firms
GPs, LPs, and allocators use VC Beast data in pitch decks, IC memos, and allocation models.
Used by GPs raising Fund I through Fund V
Referenced in 200+ LP pitch decks
Cited by 30+ industry newsletters
Data sourced from 1,400+ funds
Who Is It For
Built for people who make decisions with data.
Emerging managers raising Fund I-III who need institutional-grade benchmarks for LP conversations
LPs and allocators evaluating fund commitments against current market data
Fund-of-funds building allocation models and portfolio construction frameworks
VC analysts and associates preparing investment committee memos
Aspiring VCs studying the industry for career transitions
Get the Report
120+ pages of VC data.
One price. No subscription.
Instant PDF delivery. Use the data in your pitch decks, IC memos, and allocation models.
$99
Buy the VC Industry Report 2026 →Secure checkout powered by Stripe. Instant download after purchase.
Questions
Frequently asked.
What format is the report?
The report is delivered as a professionally formatted PDF (120+ pages). You also receive the underlying data tables as a spreadsheet.
How is this different from PitchBook or Preqin?
Those platforms cost $50K+/year. The VC Industry Report distills the most actionable data into a single annual document at a fraction of the price, purpose-built for emerging managers and solo GPs.
Can I use the data in my LP pitch deck?
Yes. You may cite any data point from the report in your materials with attribution to VC Beast. Many GPs include our benchmarks in their Fund I and Fund II decks.
Is there a refund policy?
Because the report is a digital product delivered instantly, all sales are final. If you experience a technical issue, contact support@vcbeast.com and we will resolve it promptly.
When was the data last updated?
The 2026 edition covers data through Q4 2025. We release a new edition each January with updated full-year data.
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