Annual report: 2020

It is no overstatement to say that 2020 was a tumultuous year that will be remembered for a long time in the post-pandemic future. Part of this tumultuousness was the enormous economic shock caused by the covid-19 pandemic and stay-at-home orders across the globe.

While macroeconomic indicators in the past of couple years seemed to hint at the possibility of being in a rather late stage of the business cycle and there were some fears of a looming downturn, very few would have imagined the exact turn of events we witnessed last year. The year was also marked by the impact of social movements like Black Lives Matter and an increased awareness of climate and health issues.

In 2020, GCV Analytics tracked 3,450 deals worth an estimated $128.56bn of capital raised. While the deal count registered a modest increase on a year-on-year basis (5%) versus the 3,296 transactions reported in…

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