PitchBook – Venture Monitor, Q4 2025

Summary

This report provides a comprehensive review and analysis of the US venture capital ecosystem for Q4 2025.

It covers market values across key verticals such as AI, SaaS, Big Data, Mobile, and Fintech, highlights that 41% of unicorns have not raised venture capital since 2022, and includes detailed sections on dealmaking, regional spotlights, sector-specific deals, female founders, investor trends, venture debt, exits, fundraising, and performance.

Region: United Kingdom

Published: February 2026

Author(s): PitchBook

Language: English

Tech drivers: AI Big Data Analytics Blockchain Cybersecurity and privacy Mobile

Social drivers: Diversity and equality Pandemics

Geopolitical drivers: Economic conditions Regulatory changes Supply chains disruption Workforce availability

Found an inaccuracy in the description? Let us know 🙌

note

Save Clear