Multiples · VC-backed exits

Exits of venture-backed companies

Total exit value, deal count and median EV/Revenue per year, split into first-time versus repeat exits, with a country bar and continent bubble chart underneath.

Exits by year

Show

Split

Include

Exit rounds by year (First-time vs Repeat)

—

Every VC-backed liquidity event since 2015 — acquisitions (—), buyouts / take-privates (—) and IPOs (—). IPOs valued at market cap at listing; M&A at Dealroom's reported deal valuation. First-time = no prior IPO, acquisition or buyout.

First-time exits by country

Top HQ countries by total first-time exit value over the selected window — combining acquisitions, buyouts and IPOs (IPOs valued at market cap at listing). Use the slider to widen or narrow the time horizon, and hover any row to see the biggest deals feeding the total and audit which exits are doing the work.

First-time VC-backed exits — top countries (2015–2026)

—

Region

First-time = a company's first VC-backed exit (IPO, M&A or buyout). All exits also counts later, repeat exits by the same company.

Lifetime VC raised by the exited companies — money-on-money

From 2015 to 2026

Exits by continent

Each bubble is one VC-backed exit, grouped by HQ continent and sized by deal value. First-time exits are solid; repeat exits are faded. Hover for company-level detail.

Exits in 2025 — grouped by HQ continent

—

First-time = a company's first VC-backed exit; All exits also counts later repeat exits.

Track multiples across your portfolio

Dealroom's platform tracks EV / Revenue, ARR and revenue trajectories across 4M+ private companies. Use it to benchmark portfolio companies, pre-empt valuation conversations, and find the right comps.

Book a demo More research