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US VC exit activity

Mayfield FundFebruary 2026
US VC exit activity
Chart by Mayfield Fund. Source: mayfield.com

The chart illustrates annual US VC exit activity from 2015 to 2025, tracking both exit value in billions of dollars and exit counts. Exit value peaked in 2021 at $864.2B across 2,060 exits.

LabelValue shown on the chart
2015 Exit value$114.7B
2016 Exit value$99.4B
2017 Exit value$143.3B
2018 Exit value$171.8B
2019 Exit value$302.0B
2020 Exit value$340.0B
2021 Exit value$864.2B
2022 Exit value$150.7B
2023 Exit value$117.0B
2024 Exit value$154.5B
2025 Exit value$297.6B

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