In the United States, software companies attracted the largest share of venture capital (VC) investment in 2023. Nearly ** billion U.S. dollars of VC funds were invested in software companies, and the sector significantly outpaced others. The commercial products and services sector was the second-highest recipient of the investments, with around ***** billion U.S. dollars. Meanwhile, the pharma and biotech sector achieved a deal of ***** billion U.S. dollars, securing the third position.
* Other industries include: Commercial Products, Commercial Transportation, Other Business Products and Services, Consumer Durables, Consumer Non-Durables, Services (Non-Financial), Transportation, Other Consumer Products and Services, Utilities, Other Energy, Capital Markets/Institutions, Commercial Banks, Insurance, Other Financial Services, Other Healthcare, IT Services, Other Information Technology, Agriculture, Chemicals and Gases, Construction (Non-Wood), Containers and Packaging, Forestry, Metals, Minerals and Mining, Textiles, and Other Materials.
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NVCA. (April 26, 2024). Value of venture capital (VC) investment in the United States in 2023, by industry (in billion U.S. dollars) [Graph]. In Statista. Retrieved June 27, 2025, from https://www.statista.com/statistics/423054/venture-capital-investments-usa-by-industry/
NVCA. "Value of venture capital (VC) investment in the United States in 2023, by industry (in billion U.S. dollars)." Chart. April 26, 2024. Statista. Accessed June 27, 2025. https://www.statista.com/statistics/423054/venture-capital-investments-usa-by-industry/
NVCA. (2024). Value of venture capital (VC) investment in the United States in 2023, by industry (in billion U.S. dollars). Statista. Statista Inc.. Accessed: June 27, 2025. https://www.statista.com/statistics/423054/venture-capital-investments-usa-by-industry/
NVCA. "Value of Venture Capital (Vc) Investment in The United States in 2023, by Industry (in Billion U.S. Dollars)." Statista, Statista Inc., 26 Apr 2024, https://www.statista.com/statistics/423054/venture-capital-investments-usa-by-industry/
NVCA, Value of venture capital (VC) investment in the United States in 2023, by industry (in billion U.S. dollars) Statista, https://www.statista.com/statistics/423054/venture-capital-investments-usa-by-industry/ (last visited June 27, 2025)
Value of venture capital (VC) investment in the United States in 2023, by industry (in billion U.S. dollars) [Graph], NVCA, April 26, 2024. [Online]. Available: https://www.statista.com/statistics/423054/venture-capital-investments-usa-by-industry/
