Q1 2025 VC Fund Performance Report


Data from more than 2,500 venture funds that currently use Carta Fund Administration gives us a revealing snapshot of fund performance, including IRR, DPI, and TVPI.

Card image cap

Nearly all of the venture capital funds that formed between 2017 and 2024 are still actively managing their portfolio companies, and most are still seeking their first successful exit. It’s still far too early to draw confident conclusions about what the final performance of these various fund vintages will look.

But with data from more than 2,500 venture funds that currently use Carta Fund Administration, we can examine a current snapshot of fund performance for these latest VC vintages for signs of where they might be headed.

Download the full report free.


Fill out the details below

What is the value of your firm’s Assets Under Management: *

  < $99,000,000 AUM
  $100,000,000 - $299,000,000 AUM
  $300,000,000 - $499,000,000 AUM
  $500,000,000 - $999,000,000 AUM
  > $1,000,000,000 AUM

By submitting my information, I agree to the processing of my personal data by Carta in accordance with applicable data privacy law and as described in Carta's Privacy Policy.



By submitting your details, you consent to our processing of your personal data in accordance with our Privacy Policy. You can withdraw your consent at any time by clicking the unsubscribe link in the email.