CHART: U.S. Startup Funding Plummets 30% to $171 Billion in 2023

In 2023, the U.S. startup venture landscape experienced a complex interplay of factors as AI stood out as a bright spot amid a general funding downturn.

During the year, funding for U.S. startups took a significant dive, dropping by 30% to $171 billion in 2023, as revealed by recent PitchBook data. The data, shown in the Techloy chart below, reveals a persistent decline from its peak in 2021.