{"version":1,"asset_type":"statistical_series","data_type":"time_series","slug":"us-vc-investment-later-stage","url":"https://apiardata.com/statistics/us-vc-investment-later-stage","html_url":"https://apiardata.com/statistics/us-vc-investment-later-stage/","title":"United States Later Stage Venture Capital Investment (2025)","description":"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.","domain":"markets","category":"Financial Markets","keywords":["Financial Markets","OECD","United States","2025"],"publisher":"OECD","frequency":"Annual","geography":"United States","temporal_coverage":"2007/2025","unit":"USD millions","last_updated":"2026-07-27","last_updated_text":"27 July 2026","data_as_of":"2025","variable_measured":"United States Later Stage Venture Capital Investment","license":"https://apiardata.com/data-license","is_accessible_for_free":true,"sources":[{"name":"OECD","url":"https://data-explorer.oecd.org/vis?fs[0]=Topic%2C0%7CFinancial+sector%23FIN%23&pg=0&fc=Topic&bp=true&snb=10"}],"meta":[{"label":"Frequency","value":"Annual"},{"label":"Coverage","value":"2007–2025"},{"label":"Observations","value":"19"},{"label":"Geography","value":"United States"},{"label":"Last updated","value":"27 July 2026"}],"kpis":[{"label":"United States (2025)","value":"101,868.3","unit":"USD millions","trend":{"direction":"up","value":"+21.4% YoY"}},{"label":"YoY Change","value":"+21.4%","unit":"USD millions"},{"label":"Trend","value":"up","unit":""},{"label":"Series length","value":"19","unit":"years of data"}],"series":[{"key":"value","label":"United States Later Stage Venture Capital Investment"}],"observation_count":19,"observations":[{"period":"2007","value":22461.382746},{"period":"2008","value":21172.300861},{"period":"2009","value":16609.146727},{"period":"2010","value":19129.630274000003},{"period":"2011","value":28794.26547700003},{"period":"2012","value":24358.35560899999},{"period":"2013","value":18797.033166055004},{"period":"2014","value":29885.577743448},{"period":"2015","value":30755.420256444002},{"period":"2016","value":29997.9518185052},{"period":"2017","value":33780.6226892066},{"period":"2018","value":66675.9890994609},{"period":"2019","value":61860.1320169665},{"period":"2020","value":71696.216807817},{"period":"2021","value":159081.965252412},{"period":"2022","value":96461.5027277082},{"period":"2023","value":74172.1256067993},{"period":"2024","value":83936.9375092948},{"period":"2025","value":101868.305428187}],"table":{"columns":[{"key":"year","label":"Year"},{"key":"value","label":"USD millions"},{"key":"yoyChange","label":"YoY Change"}],"rows":[{"year":"2025","value":"101868.3","yoyChange":"+21.4%"},{"year":"2024","value":"83936.9","yoyChange":"+13.2%"},{"year":"2023","value":"74172.1","yoyChange":"-23.1%"},{"year":"2022","value":"96461.5","yoyChange":"-39.4%"},{"year":"2021","value":"159082.0","yoyChange":"+121.9%"},{"year":"2020","value":"71696.2","yoyChange":"+15.9%"},{"year":"2019","value":"61860.1","yoyChange":"-7.2%"},{"year":"2018","value":"66676.0","yoyChange":"+97.4%"},{"year":"2017","value":"33780.6","yoyChange":"+12.6%"},{"year":"2016","value":"29998.0","yoyChange":"-2.5%"},{"year":"2015","value":"30755.4","yoyChange":"+2.9%"},{"year":"2014","value":"29885.6","yoyChange":"+59.0%"},{"year":"2013","value":"18797.0","yoyChange":"-22.8%"},{"year":"2012","value":"24358.4","yoyChange":"-15.4%"},{"year":"2011","value":"28794.3","yoyChange":"+50.5%"},{"year":"2010","value":"19129.6","yoyChange":"+15.2%"},{"year":"2009","value":"16609.1","yoyChange":"-21.6%"},{"year":"2008","value":"21172.3","yoyChange":"-5.7%"},{"year":"2007","value":"22461.4","yoyChange":"n/a"}]},"qa":[{"question":"What does this indicator measure?","answer":"This page tracks later-stage venture capital investment in United States from 2007 to present. 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."},{"question":"How current is this data?","answer":"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)."},{"question":"What is the long-term trend?","answer":"The series peaked at 159,082 USD millions in 2021 and reached its lowest recorded value of 16,609.1 in 2009. The latest reading of 101,868.3 in 2025 represents a change of +21.4%."}]}