2025 venture capital funding by destination, visualized

Venture capital is a form of funding provided to early-stage companies with high growth potential, typically in exchange for an equity (or ownership) stake

In 2023, venture capital firms invested $170B in over 15,000 US companies

That's a significant drop from 2022’s $242B, reflecting market uncertainty but continuing VC’s role in scaling transformative ideas. Rooted in early risk-sharing models, venture capital took off with firms like ARDC in 1946, later evolving into today’s influential players like Sequoia Capital and Andreessen Horowitz.

Venture capital is a type of financing that firms and funds use to invest in startups they believe have the potential for long-term growth

Household name companies such as Airbnb and Uber might not exist without venture capital, which is commonly referred to as "VC" for short.

Startups fundraise in 'rounds' as they prove out their business and scale

When startups take on outside funding, those investments are divided into different "rounds." These rounds are catered to different stages in a startup's life cycle—a startup often needs different types of investors and amounts of funding at different stages of the business. For instance, a pre-seed investment round can include investments ranging from about $25K to $500K, whereas a Series D investment can be hundreds of millions of dollars.

Venture capital explained through Lego bricks

Watch this video that uses Lego bricks to explain how venture capital works.

The world’s top 20 cities for startups include San Francisco

In 2023, Singapore had the highest venture capital funding per capita in the world. But that doesn’t necessarily mean it’s the best place to have a startup. In 2023, PitchBook analyzed data to determine the world’s best startup city, including fundraising activity, venture capital deals, and exit value. San Francisco ranked as No. 1. See which other locales landed in the top 20 with this graphic.

Stanford and Harvard are among the universities producing the most startup founders

Not all startup founders are created equal. This data visualization of the universities that produce the most startup founders is based on the number of alumni who have raised venture capital funding for their companies. That means these alums had to do much more than put "entrepreneur" in their LinkedIn bio to be considered startup founders.

The 50-100-500 rule: when a startup is no longer a startup

According to startup expert Alex Wilhelm, a company cannot be considered a startup if it generates revenue exceeding $50M, employs more than 100 people, and has a valuation of $500M or more. However, Wilhelm modified the rule in 2018 to $100M in revenue, over 500 employees, and a valuation of $2.5B or more.

The Forbes Midas List is an annual ranking of the world's top 100 venture capitalists

To qualify, investors are ranked by portfolio companies that have gone public or been acquired for at least $200M in the past five years, or that have at least doubled their private valuation to $400M or more over the same period.

Visualizing the AI investment wave

This data visualization from Reuters shows how massive AI investment has become by December 2025—revealing that, in today’s dollars, spending has surpassed the combined total of the Apollo program and the Manhattan Project.

75% of venture-backed startups fail

Startups are inherently risky ventures. Successful startups are relatively rare due to factors including cash flow drying up, marketing issues, and more.

The Y Combinator startup directory includes every company YC has funded

The startup accelerator has funded more than 5,000 companies over the years. This YC-specific search engine lets you look up any company to find out if it's a YC alum.

Mapping the world's 25 largest stock exchanges

Totaling a market capitalization of $106T (as of 2023), this map identifies the major stock exchanges worldwide on a map, ranking them by total market value. Nearly half of that value is located in the Americas.

Explore Bessemer's anti-portfolio of missed opportunities

From Pinterest to Yelp, Bessemer Venture Partners—one of the most well-known VC firms—has invested in many successful companies over the years. But the firm has also kicked itself for passing on a few great opportunities, like Apple and Google. Check out the other companies in Bessemer's "anti-portfolio" here.

Where colleges get their money, visualized

If you're curious about how different colleges and universities generate their revenue, this National Center for Education Statistics webpage offers a clear visual breakdown. See how public, private nonprofit, and for-profit institutions fund their operations, highlighting the differences between funding sources depending on the type of institution.

League tables show the number of deals top investment banks do in a time period

These tables provide a visual to help keep track of the leading companies in investment banking. Companies such as JPMorgan and Goldman Sachs typically sit up top.

The bestselling visual art mediums, visualized

Fine art is a particularly appealing alternative investment for many—but it's also a pretty broad term. This data visualization shows which fine art mediums sold the best in 2024. For instance, paintings accounted for about 59% of all fine art dealer sales that year, whereas sculptures accounted for roughly 15%. See the full picture here.

Visualizing Hollywood's flops and winners in 2023

Is the movie worth watching? See how this year's cinematic releases compare with one another by revenue and popularity with this simple chart. Hollywood movies can be ranked on two axes: their popular rating and total revenues earned. In this data...

Billionaires are racing to space to control future markets

Although different companies have described focuses ranging from luxury tourism to Martian space colonies, all are building infrastructure to capitalize on the shift away from government-only control and betting big on reusability and scale. By securing public contracts and subsidies, they aim to develop strategic partnerships toward dominance in low Earth orbit.

The stock market's volatility between 2017 and 2025, visualized

The CBOE Volatility Index measures expected stock market volatility using the prices of options on the S&P 500. When traders expect large moves in the market, options prices tend to rise as more options are purchased to bet on the direction of the move.

See a website that tracks layoffs

A startup founder has been tracking tech layoffs since 2020. In 2025, 124,201 tech employees were laid off, per the website.

Visualizing cyberattacks by country

Cyber crime is expected to cost the global economy trillions per year by 2025. This data illustration showcases the countries with the most severe cyber attacks from 2006-2020.

Smaller companies’ IPO information can be hard to track down

This calendar keeps you updated on the current IPO dates and pricing from different companies. You can search for upcoming and future IPO dates and see which companies withdrew from the IPO process.

In 2020, Palantir moved its headquarters from Silicon Valley to Denver, CO

Despite being a famous tech startup synonymous with Silicon Valley, Palantir executives and cofounders have criticized tech founders for not taking a bigger role in upholding Western institutions and supporting American defense and intelligence work. That cultural tension is frequently cited as a motivating factor for the company's 2020 move to Denver, CO. In early 2026, the company announced another move to a suburb of Miami, FL.

Visualizing the financial troubles of FTX at the time of its bankruptcy

Just before Sam Bankman-Fried declared FTX bankrupt in November of 2022, he sought to raise funds quickly to try to save the cryptocurrency exchange. As part of that attempt, he sent around a glimpse of the exchange's current balance sheet, which showed the company had liabilities of $9 billion with only $900 million in liquid assets. Check out the visualization here.

The current federal budget, deficit, and debt, in charts

The US Treasury regularly publishes updated data on the federal budget, and this site hosts visualizations of that data. See reports on spending, revenues, deficits, and where the national debt stands.

SpaceX's S-1 or 'prospectus' revealed many previously unknown details about the company, including its unprofitability despite doing $18.7B in revenue in 2025, exactly how many voting shares Elon Musk will have in the company (roughly 85%), and more.

Explore our favorite visualization of the immense scale of space, from an astronaut to the size of the observable universe

This real-time tracking of the hantavirus cruise ship outbreak in May 2026 offers a unique glimpse into the global reach of the outbreak and whether the virus sickened passengers and their communities around the world.

Hedge funds, the private investment firms that trade a wide swath of financial assets, make money by imposing steep fees on investors and from the fund's investment performance.

Explore an interactive map built from more than 100,000 survey responses on where people find joy in their lives

The name 'Silicon Valley' arose from the founding of Shockley Semiconductor Laboratory in Fairchild Semiconductor in 1956-57, founded near Stanford University in Palo Alto

While the first exchange-traded fund (a 'basket' of different assets that can be bought and sold on a stock exchange) in the US only launched in 1993, the global ETF market has grown to more than $10T in the short time since.

In 2025, four executives from large tech companies were given positions in the US Army Reserves—including Palantir Chief Technology Officer Shyam Sankar, which reinforced Palantir's ties with the US military and its role as a leading defense partner.

Explore an interactive map of battles from the American Revolution, along with detailed summaries of each engagement

Use this tool to calculate the dollar value of your parental mental load, from meal planning to coordinating after-school care, then see resources that help generate solutions.

US housing costs have risen by roughly 175% between 1991 and 2026—but a growing number of Gen Zers are becoming homeowners anyway. In 2025, 4% of homebuyers were Gen Z, up from 3% the year before.

After 25 people used virtual reality headsets to practice flying with virtual wings—flapping their arms—their visual cortex responded to the wings almost as if they were real arms, treating them as body parts.

The American Society of Civil Engineers' infrastructure report card gave the US a C in 2025, its highest grade since the project launched in 1998.

The Nasdaq's 'Magnificent 7' companies are responsible for roughly 40% of the Nasdaq 100 index's gains, while the remaining 93 companies account for the other 60%.

Art theft is the third-largest source of criminal revenues worldwide, thanks in part to the subjective nature of valuing a work of art.

Power lines are dotted with large, brightly colored balls to improve the visibility of these thin wires to helicopters and small planes and help prevent potential crashes.

Browse a detailed visual analysis of over 200,000 similes—comparisons that often use 'like' or 'as'—from popular fiction to see how frequently writers the same idiomatic expressions.

How fusion—which releases energy when two lighter atoms combine to form a heavier atom—differs from fission

The most expensive ad of all time was for Chanel No. 5 perfume and cost roughly $33M to produce in 2004—about $57M in today's dollars.

Waves off the coast of Nazaré, Portugal, can reach over 100 feet and are caused by the area's deep underwater canyon geography

Fear or disgust related to clusters of holes and cracks, called trypophobia, may stem from evolutionary processes to help us avoid pathogens.

The 1987 Nintendo video game 'Stadium Events' isn't known for being particularly fun, but its scarcity has made it a highly sought-after item that has sold for up to $35K at auction.

Hotels in Cannes, the glamorous city on the French Riviera, hire hawks to ward off seagulls during the city's famous film festival.