tomtunguz.com · 2022-05-04
· 1492d
5 Key Data Points about the Early Venture Market in Q1 2022
Analysis of AngelList's Q1 2022 venture data revealing record fundraising activity, 83% up-rounds despite late-stage compression, seed valuations at $30M and Series A at $100M, increased adoption of SAFEs over equity rounds, and Web3 representing 11% of investments. The article highlights that founders have maintained negotiating leverage while early-stage valuations remain resilient despite late-stage market correction.
Metrics in this report
Late-Stage Market Price Decline
30percent
Late-stage venture market versus Q4 2021
SAFE Adoption Rate
65percent
Q1 2022 seed round financing structures
Seed Round Valuation (75th Percentile)
30million USD
top-quartile
Q1 2022 early-stage venture market
Series A Round Valuation (75th Percentile)
100million USD
top-quartile
Q1 2022 early-stage venture market
Up-Round Percentage
83percent
Q1 2022 AngelList seed and early-stage rounds
Web3 Deal Share
11percent
Q1 2022 early-stage venture investments by category