In the United States, software companies attracted the largest share of venture capital (VC) investment in 2023. Nearly 67 billion U.S. dollars of VC funds were invested in software companies, and the sector significantly outpaced others. The commercial products and services sector was the second-highest recipient of the investments, with around 27.46 billion U.S. dollars. Meanwhile, the pharma and biotech sector achieved a deal of 21.36 billion U.S. dollars, securing the third position.
Value of venture capital (VC) investment in the United States in 2023, by industry
(in billion U.S. dollars)
* Other industries include: Commercial Products, Commercial Transportation, Other Business Products and Services, Consumer Durables, Consumer Non-Durables, Services (Non-Financial), Transportation, Other Consumer Products and Services, Utilities, Other Energy, Capital Markets/Institutions, Commercial Banks, Insurance, Other Financial Services, Other Healthcare, IT Services, Other Information Technology, Agriculture, Chemicals and Gases, Construction (Non-Wood), Containers and Packaging, Forestry, Metals, Minerals and Mining, Textiles, and Other Materials.
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NVCA. (April 26, 2024). Value of venture capital (VC) investment in the United States in 2023, by industry (in billion U.S. dollars) [Graph]. In Statista. Retrieved November 10, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/statistics/423054/venture-capital-investments-usa-by-industry/
NVCA. "Value of venture capital (VC) investment in the United States in 2023, by industry (in billion U.S. dollars)." Chart. April 26, 2024. Statista. Accessed November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/423054/venture-capital-investments-usa-by-industry/
NVCA. (2024). Value of venture capital (VC) investment in the United States in 2023, by industry (in billion U.S. dollars). Statista. Statista Inc.. Accessed: November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/423054/venture-capital-investments-usa-by-industry/
NVCA. "Value of Venture Capital (Vc) Investment in The United States in 2023, by Industry (in Billion U.S. Dollars)." Statista, Statista Inc., 26 Apr 2024, https://www-statista-com.ezproxy.canberra.edu.au/statistics/423054/venture-capital-investments-usa-by-industry/
NVCA, Value of venture capital (VC) investment in the United States in 2023, by industry (in billion U.S. dollars) Statista, https://www-statista-com.ezproxy.canberra.edu.au/statistics/423054/venture-capital-investments-usa-by-industry/ (last visited November 10, 2024)
Value of venture capital (VC) investment in the United States in 2023, by industry (in billion U.S. dollars) [Graph], NVCA, April 26, 2024. [Online]. Available: https://www-statista-com.ezproxy.canberra.edu.au/statistics/423054/venture-capital-investments-usa-by-industry/