VC in 2026: 75% of All the Money Is Going to Just 5 VC Funds. And To Just 5 “Startups.” (opens in new tab)

The PitchBook-NVCA Venture Monitor just released its Q1 2026 data, and the numbers are worth sitting with for a minute. 73.1% of all LP capital raised in Q1 2026 went to just five venture firms. Not the top ten. Not the top twenty. Five. The next ten firms combined? 15.4%. Everyone else split the remaining... Continue Reading