Looks like late stage rounds to go to the gym this year.
A a new report from Carta — a dataset that TechCrunch got a preview of earlier in August — shows that late-stage round volume is rapidly shrinking as 2022 continues.
The capital spreadsheet management company sits on top of a regular stream of startup information from which it derives hard data on venture capital activity. While we rely on multiple data sources here at TechCrunch, Carta’s data has the advantage that it all comes from pure metalif you please.