Startup whiplash hits some sectors harder than others
There is no denying that 2022 has been a challenging year for startups. But it has not been equally difficult for every sector of the VC-backed ecosystem.
We used PitchBook data to examine how the deal value, deal count and valuations of 11 verticals have fared in 2022. Although investor interest in most sectors has been higher than in all years prior to 2021, our analysis shows that, through December 9, just about every vertical declined in value and count from 2021.
But for some verticals, the pullback in investment activity was much larger than for others.
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