A look at why the data on equity compensation isn’t so equitable—and how equity could help bridge the wealth gap.

While volatility diminished in 2023, fundraising activity in the startup ecosystem remained near recent lows in Q4 2023.

Median valuations soared at Series D and Series E+ in Q4 2023, a promising fundraising sign for late-stage startups.

The median primary Series A round size reached $11.3 million in Q4 and the median valuation hit $44.8 million, climbing for the third straight quarter.

Women accounted for just 13.2% of all startup founders in 2023. This founder gender gap was larger in some sectors than others.

Initial data from Q4 2023 suggests the year ended with a slight uptick in valuations across most venture capital stages.