United States Later Stage Venture Capital Investment (2025)
United States's Later Stage Venture Capital Investment: 101,868.3 USD millions in 2025, +21.4% YoY. OECD (OECD.SDD.TPS:DSD_VC@DF_VC_INV), 2007–2025.
United States (2025)
101,868.3
USD millions
+21.4% YoY
YoY Change
+21.4%
Trend
up
Series length
19
years of data
Data
| Year | USD millions | YoY Change |
|---|---|---|
| 2025 | 101,868.3 | +21.4% |
| 2024 | 83,936.9 | +13.2% |
| 2023 | 74,172.1 | -23.1% |
| 2022 | 96,461.5 | -39.4% |
| 2021 | 159,082 | +121.9% |
| 2020 | 71,696.2 | +15.9% |
| 2019 | 61,860.1 | -7.2% |
| 2018 | 66,676 | +97.4% |
| 2017 | 33,780.6 | +12.6% |
| 2016 | 29,998 | -2.5% |
| 2015 | 30,755.4 | +2.9% |
| 2014 | 29,885.6 | +59.0% |
| 2013 | 18,797 | -22.8% |
| 2012 | 24,358.4 | -15.4% |
| 2011 | 28,794.3 | +50.5% |
| 2010 | 19,129.6 | +15.2% |
| 2009 | 16,609.1 | -21.6% |
| 2008 | 21,172.3 | -5.7% |
| 2007 | 22,461.4 | n/a |
About this Dataset
United States recorded 101,868.3 USD millions in 2025. The latest change was +21.4%. Across 2007–2025 the series ranges from 16,609.1 USD millions in 2009 to 159,082 USD millions in 2021.
This page tracks later-stage venture capital investment in United States. Later-stage VC reflects the capacity to scale proven business models and is the primary driver of unicorn valuations.
Data sourced from OECD via SDMX REST API. Values use harmonised methodology intended for cross-country comparison.
Frequently Asked Questions
This page tracks later-stage venture capital investment in United States. Later-stage VC reflects the capacity to scale proven business models and is the primary driver of unicorn valuations. It is published by OECD and updated annually.
The most recent observation covers 2025. OECD typically publishes this series with a lag of several months after the reference period. The series runs 2007–2025 (19 observations).
The series peaked at 159,082 USD millions in 2021 and reached its lowest recorded value of 16,609.1 USD millions in 2009. The latest reading is 101,868.3 USD millions in 2025. The latest change was +21.4%.