Carta Startups Took In 26 Billion in December 2021 vs 5 Billion in December 2022

Carta Startups Took In 26 Billion in December 2021 vs 5 Billion in December 2022

Author

Peter Walker

|

Read time: 

1 minute

Published date: 

March 9, 2023

From $26B in December 2021 to just over $5B in December 2022—the speed of the funding contraction is something that is still missing from most discussions...

LinkedIn: Carta Startups Took In 26 Billion in December 2021 vs 5 Billion in December 2022

Carta serves over 35,000 startups, the vast majority of which are US domiciled. Last December, those startups collectively took in $26 billion in new investment.

This past December, that same group took in just over $5 billion.

That's whiplash.

The speed of change is something often missing from the conversation about startup fundraising. Whether or not this new normal is "good" (and for companies that are just beginning, it probably is) skips over the impact of how abrupt the shift has been.

#cartadata #fundraising

Peter Walker
Author: Peter Walker
Peter Walker runs the Insights team at Carta, focused on discovering key data and narratives across the private capital ecosystem. In a former life, he was a marketing executive for a media analytics startup and led the data visualization team at the Covid Tracking Project.

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