Benchmark Data Sources

View the benchmark data sources used for fund comparisons

Vintage Year:

Vintage 2024

Benchmarks across Carta, PitchBook, Aduro Advisors, AngelList, Cambridge Associates

TVPITotal Value to Paid-In

Carta

Lower 25%: 0.84x
Median: 0.91x
Top 25%: 1.01x
Top 10%: 1.19x

2025-01 data

PitchBook

No data

Aduro Advisors

Lower 25%: 0.69x
Median: 0.89x
Top 25%: 1.00x
Top 10%: 1.00x

2025-01 data

AngelList

Lower 25%: 0.93x
Median: 1.02x
Top 25%: 1.10x
Top 10%: 1.29x

2025-01 data

Cambridge Associates

No data

DPIDistributions to Paid-In

Carta

Lower 25%: 0.00x
Median: 0.00x
Top 25%: 0.00x
Top 10%: 0.00x

2025-01 data

PitchBook

No data

Aduro Advisors

Lower 25%: 0.00x
Median: 0.00x
Top 25%: 0.00x
Top 10%: 0.00x

2025-01 data

AngelList

Lower 25%: 0.00x
Median: 0.00x
Top 25%: 0.00x
Top 10%: 0.00x

2025-01 data

Cambridge Associates

No data

IRRInternal Rate of Return

Carta

Lower 25%: -23.4%
Median: -12.4%
Top 25%: 0.7%
Top 10%: 30.1%

2025-01 data

PitchBook

No data

Aduro Advisors

Lower 25%: -27.7%
Median: -4.8%
Top 25%: 0.0%
Top 10%: 0.0%

2025-01 data

AngelList

Lower 25%: -8.0%
Median: 2.3%
Top 25%: 12.5%
Top 10%: 20.0%

2025-01 data

Cambridge Associates

No data

MOICMultiple on Invested Capital

Carta

No data

PitchBook

No data

Aduro Advisors

Lower 25%: 1.00x
Median: 1.00x
Top 25%: 1.00x
Top 10%: 1.00x

2025-01 data

AngelList

No data

Cambridge Associates

No data

Vintage 2023

Benchmarks across Carta, PitchBook, Aduro Advisors, AngelList, Cambridge Associates

TVPITotal Value to Paid-In

Carta

Lower 25%: 0.86x
Median: 0.96x
Top 25%: 1.09x
Top 10%: 1.36x

2025-01 data

PitchBook

Lower 25%: 0.79x
Median: 1.07x
Top 25%: 1.21x
Top 10%: 1.44x

2025-01 data

Aduro Advisors

Lower 25%: 0.81x
Median: 0.91x
Top 25%: 1.02x
Top 10%: 1.17x

2025-01 data

AngelList

Lower 25%: 0.92x
Median: 1.06x
Top 25%: 1.34x
Top 10%: 1.61x

2025-01 data

Cambridge Associates

Lower 25%: 0.87x
Median: 1.30x
Top 25%: 1.86x
Top 10%: 2.74x

2025-01 data

DPIDistributions to Paid-In

Carta

Lower 25%: 0.00x
Median: 0.00x
Top 25%: 0.00x
Top 10%: 0.00x

2025-01 data

PitchBook

Lower 25%: 0.00x
Median: 0.00x
Top 25%: 0.00x
Top 10%: 0.09x

2025-01 data

Aduro Advisors

Lower 25%: 0.00x
Median: 0.00x
Top 25%: 0.00x
Top 10%: 0.00x

2025-01 data

AngelList

Lower 25%: 0.00x
Median: 0.00x
Top 25%: 0.00x
Top 10%: 0.09x

2025-01 data

Cambridge Associates

Lower 25%: 0.00x
Median: 0.01x
Top 25%: 0.02x
Top 10%: 0.03x

2025-01 data

IRRInternal Rate of Return

Carta

Lower 25%: -12.0%
Median: -3.4%
Top 25%: 7.5%
Top 10%: 25.9%

2025-01 data

PitchBook

Lower 25%: -4.8%
Median: 8.1%
Top 25%: 18.2%
Top 10%: 33.1%

2025-01 data

Aduro Advisors

Lower 25%: -14.5%
Median: -2.8%
Top 25%: 4.8%
Top 10%: 4.8%

2025-01 data

AngelList

Lower 25%: -5.0%
Median: 3.6%
Top 25%: 16.1%
Top 10%: 33.4%

2025-01 data

Cambridge Associates

Lower 25%: 12.0%
Median: 25.0%
Top 25%: 37.0%
Top 10%: 54.0%

2025-01 data

MOICMultiple on Invested Capital

Carta

No data

PitchBook

No data

Aduro Advisors

Lower 25%: 1.00x
Median: 1.01x
Top 25%: 1.01x
Top 10%: 1.17x

2025-01 data

AngelList

No data

Cambridge Associates

No data

Vintage 2022

Benchmarks across Carta, PitchBook, Aduro Advisors, AngelList, Cambridge Associates

TVPITotal Value to Paid-In

Carta

Lower 25%: 0.89x
Median: 1.00x
Top 25%: 1.18x
Top 10%: 1.44x

2025-01 data

PitchBook

Lower 25%: 0.76x
Median: 1.05x
Top 25%: 1.23x
Top 10%: 1.48x

2025-01 data

Aduro Advisors

Lower 25%: 0.84x
Median: 0.93x
Top 25%: 1.08x
Top 10%: 1.18x

2025-01 data

AngelList

Lower 25%: 0.93x
Median: 1.07x
Top 25%: 1.34x
Top 10%: 1.61x

2025-01 data

Cambridge Associates

Lower 25%: 0.90x
Median: 1.34x
Top 25%: 1.92x
Top 10%: 2.84x

2025-01 data

DPIDistributions to Paid-In

Carta

Lower 25%: 0.00x
Median: 0.00x
Top 25%: 0.00x
Top 10%: 0.05x

2025-01 data

PitchBook

Lower 25%: 0.00x
Median: 0.00x
Top 25%: 0.01x
Top 10%: 0.07x

2025-01 data

Aduro Advisors

Lower 25%: 0.00x
Median: 0.00x
Top 25%: 0.00x
Top 10%: 0.00x

2025-01 data

AngelList

Lower 25%: 0.00x
Median: 0.00x
Top 25%: 0.06x
Top 10%: 0.21x

2025-01 data

Cambridge Associates

Lower 25%: 0.04x
Median: 0.06x
Top 25%: 0.08x
Top 10%: 0.10x

2025-01 data

IRRInternal Rate of Return

Carta

Lower 25%: -6.4%
Median: 0.1%
Top 25%: 8.6%
Top 10%: 19.0%

2025-01 data

PitchBook

Lower 25%: -11.4%
Median: 4.5%
Top 25%: 13.0%
Top 10%: 27.0%

2025-01 data

Aduro Advisors

Lower 25%: -7.7%
Median: -2.0%
Top 25%: 4.3%
Top 10%: 4.3%

2025-01 data

AngelList

Lower 25%: -2.6%
Median: 2.7%
Top 25%: 11.6%
Top 10%: 19.0%

2025-01 data

Cambridge Associates

Lower 25%: 7.5%
Median: 17.6%
Top 25%: 26.0%
Top 10%: 38.5%

2025-01 data

MOICMultiple on Invested Capital

Carta

No data

PitchBook

No data

Aduro Advisors

Lower 25%: 0.95x
Median: 1.04x
Top 25%: 1.04x
Top 10%: 1.18x

2025-01 data

AngelList

No data

Cambridge Associates

No data

Vintage 2021

Benchmarks across Carta, PitchBook, Aduro Advisors, AngelList, Cambridge Associates

TVPITotal Value to Paid-In

Carta

Lower 25%: 0.87x
Median: 1.01x
Top 25%: 1.19x
Top 10%: 1.46x

2025-01 data

PitchBook

Lower 25%: 0.85x
Median: 1.08x
Top 25%: 1.28x
Top 10%: 1.69x

2025-01 data

Aduro Advisors

Lower 25%: 0.85x
Median: 0.99x
Top 25%: 1.15x
Top 10%: 1.34x

2025-01 data

AngelList

Lower 25%: 0.96x
Median: 1.09x
Top 25%: 1.31x
Top 10%: 1.69x

2025-01 data

Cambridge Associates

Lower 25%: 0.80x
Median: 1.19x
Top 25%: 1.70x
Top 10%: 2.52x

2025-01 data

DPIDistributions to Paid-In

Carta

Lower 25%: 0.00x
Median: 0.00x
Top 25%: 0.00x
Top 10%: 0.12x

2025-01 data

PitchBook

Lower 25%: 0.00x
Median: 0.00x
Top 25%: 0.05x
Top 10%: 0.27x

2025-01 data

Aduro Advisors

Lower 25%: 0.00x
Median: 0.00x
Top 25%: 0.00x
Top 10%: 0.00x

2025-01 data

AngelList

Lower 25%: 0.00x
Median: 0.01x
Top 25%: 0.05x
Top 10%: 0.13x

2025-01 data

Cambridge Associates

Lower 25%: 0.04x
Median: 0.05x
Top 25%: 0.07x
Top 10%: 0.09x

2025-01 data

IRRInternal Rate of Return

Carta

Lower 25%: -5.3%
Median: 0.5%
Top 25%: 5.9%
Top 10%: 14.8%

2025-01 data

PitchBook

Lower 25%: -6.0%
Median: 3.5%
Top 25%: 10.8%
Top 10%: 21.1%

2025-01 data

Aduro Advisors

Lower 25%: -4.7%
Median: 0.0%
Top 25%: 5.8%
Top 10%: 5.8%

2025-01 data

AngelList

Lower 25%: -1.1%
Median: 2.2%
Top 25%: 7.2%
Top 10%: 14.1%

2025-01 data

Cambridge Associates

Lower 25%: 1.0%
Median: 6.3%
Top 25%: 10.5%
Top 10%: 17.0%

2025-01 data

MOICMultiple on Invested Capital

Carta

No data

PitchBook

No data

Aduro Advisors

Lower 25%: 0.95x
Median: 1.07x
Top 25%: 1.07x
Top 10%: 1.34x

2025-01 data

AngelList

No data

Cambridge Associates

No data

Vintage 2020

Benchmarks across Carta, PitchBook, Aduro Advisors, AngelList, Cambridge Associates

TVPITotal Value to Paid-In

Carta

Lower 25%: 0.93x
Median: 1.10x
Top 25%: 1.43x
Top 10%: 1.98x

2025-01 data

PitchBook

Lower 25%: 0.82x
Median: 1.29x
Top 25%: 1.47x
Top 10%: 2.39x

2025-01 data

Aduro Advisors

Lower 25%: 0.97x
Median: 1.08x
Top 25%: 1.45x
Top 10%: 1.79x

2025-01 data

AngelList

Lower 25%: 1.23x
Median: 1.59x
Top 25%: 2.47x
Top 10%: 3.53x

2025-01 data

Cambridge Associates

Lower 25%: 0.95x
Median: 1.42x
Top 25%: 2.04x
Top 10%: 3.02x

2025-01 data

DPIDistributions to Paid-In

Carta

Lower 25%: 0.00x
Median: 0.00x
Top 25%: 0.08x
Top 10%: 0.24x

2025-01 data

PitchBook

Lower 25%: 0.00x
Median: 0.07x
Top 25%: 0.22x
Top 10%: 0.55x

2025-01 data

Aduro Advisors

Lower 25%: 0.00x
Median: 0.00x
Top 25%: 0.00x
Top 10%: 0.12x

2025-01 data

AngelList

Lower 25%: 0.00x
Median: 0.06x
Top 25%: 0.19x
Top 10%: 1.29x

2025-01 data

Cambridge Associates

Lower 25%: 0.09x
Median: 0.12x
Top 25%: 0.15x
Top 10%: 0.20x

2025-01 data

IRRInternal Rate of Return

Carta

Lower 25%: -1.9%
Median: 3.0%
Top 25%: 10.3%
Top 10%: 19.5%

2025-01 data

PitchBook

Lower 25%: -6.3%
Median: 7.5%
Top 25%: 12.3%
Top 10%: 24.8%

2025-01 data

Aduro Advisors

Lower 25%: -0.4%
Median: 2.8%
Top 25%: 11.2%
Top 10%: 11.2%

2025-01 data

AngelList

Lower 25%: 4.2%
Median: 10.7%
Top 25%: 19.5%
Top 10%: 33.1%

2025-01 data

Cambridge Associates

Lower 25%: 3.0%
Median: 10.1%
Top 25%: 15.5%
Top 10%: 24.0%

2025-01 data

MOICMultiple on Invested Capital

Carta

No data

PitchBook

No data

Aduro Advisors

Lower 25%: 1.19x
Median: 1.29x
Top 25%: 1.29x
Top 10%: 1.79x

2025-01 data

AngelList

No data

Cambridge Associates

No data

Vintage 2019

Benchmarks across Carta, PitchBook, Aduro Advisors, AngelList, Cambridge Associates

TVPITotal Value to Paid-In

Carta

Lower 25%: 0.99x
Median: 1.22x
Top 25%: 1.58x
Top 10%: 2.28x

2025-01 data

PitchBook

Lower 25%: 0.94x
Median: 1.40x
Top 25%: 1.81x
Top 10%: 2.79x

2025-01 data

Aduro Advisors

Lower 25%: 1.02x
Median: 1.34x
Top 25%: 2.03x
Top 10%: 2.46x

2025-01 data

AngelList

Lower 25%: 1.53x
Median: 2.48x
Top 25%: 4.02x
Top 10%: 8.02x

2025-01 data

Cambridge Associates

Lower 25%: 1.02x
Median: 1.52x
Top 25%: 2.18x
Top 10%: 3.22x

2025-01 data

DPIDistributions to Paid-In

Carta

Lower 25%: 0.00x
Median: 0.00x
Top 25%: 0.12x
Top 10%: 0.54x

2025-01 data

PitchBook

Lower 25%: 0.00x
Median: 0.07x
Top 25%: 0.21x
Top 10%: 0.61x

2025-01 data

Aduro Advisors

Lower 25%: 0.00x
Median: 0.01x
Top 25%: 0.01x
Top 10%: 0.24x

2025-01 data

AngelList

Lower 25%: 0.01x
Median: 0.09x
Top 25%: 0.30x
Top 10%: 0.83x

2025-01 data

Cambridge Associates

Lower 25%: 0.13x
Median: 0.18x
Top 25%: 0.23x
Top 10%: 0.30x

2025-01 data

IRRInternal Rate of Return

Carta

Lower 25%: -0.4%
Median: 5.4%
Top 25%: 10.8%
Top 10%: 20.4%

2025-01 data

PitchBook

Lower 25%: -1.8%
Median: 9.2%
Top 25%: 17.4%
Top 10%: 28.1%

2025-01 data

Aduro Advisors

Lower 25%: 0.0%
Median: 8.2%
Top 25%: 19.6%
Top 10%: 19.6%

2025-01 data

AngelList

Lower 25%: 7.6%
Median: 15.6%
Top 25%: 26.7%
Top 10%: 42.7%

2025-01 data

Cambridge Associates

Lower 25%: 3.5%
Median: 10.3%
Top 25%: 16.0%
Top 10%: 25.0%

2025-01 data

MOICMultiple on Invested Capital

Carta

No data

PitchBook

No data

Aduro Advisors

Lower 25%: 1.02x
Median: 1.56x
Top 25%: 1.56x
Top 10%: 2.46x

2025-01 data

AngelList

No data

Cambridge Associates

No data

Vintage 2018

Benchmarks across Carta, PitchBook, Aduro Advisors, AngelList, Cambridge Associates

TVPITotal Value to Paid-In

Carta

Lower 25%: 1.04x
Median: 1.38x
Top 25%: 1.97x
Top 10%: 3.07x

2025-01 data

PitchBook

Lower 25%: 0.98x
Median: 1.70x
Top 25%: 2.38x
Top 10%: 3.29x

2025-01 data

Aduro Advisors

Lower 25%: 1.16x
Median: 1.63x
Top 25%: 2.81x
Top 10%: 2.68x

2025-01 data

AngelList

Lower 25%: 1.60x
Median: 2.76x
Top 25%: 3.79x
Top 10%: 8.25x

2025-01 data

Cambridge Associates

Lower 25%: 1.29x
Median: 1.92x
Top 25%: 2.75x
Top 10%: 4.07x

2025-01 data

DPIDistributions to Paid-In

Carta

Lower 25%: 0.00x
Median: 0.05x
Top 25%: 0.30x
Top 10%: 0.60x

2025-01 data

PitchBook

Lower 25%: 0.00x
Median: 0.16x
Top 25%: 0.56x
Top 10%: 1.05x

2025-01 data

Aduro Advisors

Lower 25%: 0.00x
Median: 0.07x
Top 25%: 0.07x
Top 10%: 0.43x

2025-01 data

AngelList

Lower 25%: 0.06x
Median: 0.38x
Top 25%: 0.67x
Top 10%: 1.81x

2025-01 data

Cambridge Associates

Lower 25%: 0.29x
Median: 0.40x
Top 25%: 0.52x
Top 10%: 0.67x

2025-01 data

IRRInternal Rate of Return

Carta

Lower 25%: 0.8%
Median: 7.1%
Top 25%: 13.8%
Top 10%: 25.9%

2025-01 data

PitchBook

Lower 25%: 0.5%
Median: 13.1%
Top 25%: 21.3%
Top 10%: 30.6%

2025-01 data

Aduro Advisors

Lower 25%: 3.3%
Median: 10.9%
Top 25%: 23.3%
Top 10%: 23.3%

2025-01 data

AngelList

Lower 25%: 7.4%
Median: 15.6%
Top 25%: 20.9%
Top 10%: 41.4%

2025-01 data

Cambridge Associates

Lower 25%: 6.0%
Median: 14.7%
Top 25%: 22.0%
Top 10%: 33.0%

2025-01 data

MOICMultiple on Invested Capital

Carta

No data

PitchBook

No data

Aduro Advisors

Lower 25%: 1.21x
Median: 1.96x
Top 25%: 1.96x
Top 10%: 2.68x

2025-01 data

AngelList

No data

Cambridge Associates

No data

Vintage 2017

Benchmarks across Carta, PitchBook, Aduro Advisors, AngelList, Cambridge Associates

TVPITotal Value to Paid-In

Carta

Lower 25%: 1.17x
Median: 1.76x
Top 25%: 2.27x
Top 10%: 3.52x

2025-01 data

PitchBook

Lower 25%: 1.00x
Median: 1.84x
Top 25%: 2.63x
Top 10%: 3.40x

2025-01 data

Aduro Advisors

Lower 25%: 1.20x
Median: 1.86x
Top 25%: 2.44x
Top 10%: 3.11x

2025-01 data

AngelList

Lower 25%: 2.22x
Median: 3.30x
Top 25%: 6.37x
Top 10%: 11.03x

2025-01 data

Cambridge Associates

Lower 25%: 1.54x
Median: 2.29x
Top 25%: 3.28x
Top 10%: 4.85x

2025-01 data

DPIDistributions to Paid-In

Carta

Lower 25%: 0.06x
Median: 0.30x
Top 25%: 0.60x
Top 10%: 1.40x

2025-01 data

PitchBook

Lower 25%: 0.00x
Median: 0.40x
Top 25%: 0.80x
Top 10%: 1.37x

2025-01 data

Aduro Advisors

Lower 25%: 0.00x
Median: 0.22x
Top 25%: 0.22x
Top 10%: 0.62x

2025-01 data

AngelList

Lower 25%: 0.07x
Median: 0.31x
Top 25%: 0.72x
Top 10%: 1.33x

2025-01 data

Cambridge Associates

Lower 25%: 0.48x
Median: 0.66x
Top 25%: 0.85x
Top 10%: 1.09x

2025-01 data

IRRInternal Rate of Return

Carta

Lower 25%: 3.1%
Median: 10.2%
Top 25%: 16.5%
Top 10%: 23.9%

2025-01 data

PitchBook

Lower 25%: 0.2%
Median: 13.3%
Top 25%: 18.9%
Top 10%: 28.5%

2025-01 data

Aduro Advisors

Lower 25%: 2.4%
Median: 12.0%
Top 25%: 17.9%
Top 10%: 17.9%

2025-01 data

AngelList

Lower 25%: 10.9%
Median: 16.7%
Top 25%: 26.0%
Top 10%: 34.7%

2025-01 data

Cambridge Associates

Lower 25%: 7.0%
Median: 17.2%
Top 25%: 26.0%
Top 10%: 39.0%

2025-01 data

MOICMultiple on Invested Capital

Carta

No data

PitchBook

No data

Aduro Advisors

Lower 25%: 1.34x
Median: 2.31x
Top 25%: 2.31x
Top 10%: 3.11x

2025-01 data

AngelList

No data

Cambridge Associates

No data

Vintage 2016

Benchmarks across Carta, PitchBook, Aduro Advisors, AngelList, Cambridge Associates

TVPITotal Value to Paid-In

Carta

No data

PitchBook

Lower 25%: 1.25x
Median: 2.28x
Top 25%: 3.02x
Top 10%: 5.39x

2025-01 data

Aduro Advisors

Lower 25%: 1.54x
Median: 2.18x
Top 25%: 3.19x
Top 10%: 3.95x

2025-01 data

AngelList

No data

Cambridge Associates

Lower 25%: 1.71x
Median: 2.55x
Top 25%: 3.65x
Top 10%: 5.40x

2025-01 data

DPIDistributions to Paid-In

Carta

No data

PitchBook

Lower 25%: 0.28x
Median: 0.83x
Top 25%: 1.74x
Top 10%: 2.61x

2025-01 data

Aduro Advisors

Lower 25%: 0.10x
Median: 0.54x
Top 25%: 0.54x
Top 10%: 1.10x

2025-01 data

AngelList

No data

Cambridge Associates

Lower 25%: 0.72x
Median: 1.00x
Top 25%: 1.29x
Top 10%: 1.66x

2025-01 data

IRRInternal Rate of Return

Carta

No data

PitchBook

Lower 25%: 3.9%
Median: 16.0%
Top 25%: 25.5%
Top 10%: 34.8%

2025-01 data

Aduro Advisors

Lower 25%: 7.8%
Median: 14.3%
Top 25%: 28.4%
Top 10%: 28.4%

2025-01 data

AngelList

No data

Cambridge Associates

Lower 25%: 7.5%
Median: 17.9%
Top 25%: 27.0%
Top 10%: 40.0%

2025-01 data

MOICMultiple on Invested Capital

Carta

No data

PitchBook

No data

Aduro Advisors

Lower 25%: 1.30x
Median: 2.28x
Top 25%: 2.28x
Top 10%: 3.95x

2025-01 data

AngelList

No data

Cambridge Associates

No data

Vintage 2015

Benchmarks across Carta, PitchBook, Aduro Advisors, AngelList, Cambridge Associates

TVPITotal Value to Paid-In

Carta

No data

PitchBook

Lower 25%: 0.95x
Median: 2.12x
Top 25%: 2.97x
Top 10%: 4.50x

2025-01 data

Aduro Advisors

Lower 25%: 0.95x
Median: 1.98x
Top 25%: 3.25x
Top 10%: 4.11x

2025-01 data

AngelList

No data

Cambridge Associates

Lower 25%: 1.73x
Median: 2.57x
Top 25%: 3.68x
Top 10%: 5.44x

2025-01 data

DPIDistributions to Paid-In

Carta

No data

PitchBook

Lower 25%: 0.13x
Median: 0.67x
Top 25%: 1.23x
Top 10%: 2.02x

2025-01 data

Aduro Advisors

Lower 25%: 0.11x
Median: 0.34x
Top 25%: 0.34x
Top 10%: 0.77x

2025-01 data

AngelList

No data

Cambridge Associates

Lower 25%: 0.78x
Median: 1.08x
Top 25%: 1.40x
Top 10%: 1.79x

2025-01 data

IRRInternal Rate of Return

Carta

No data

PitchBook

Lower 25%: 1.7%
Median: 15.1%
Top 25%: 21.6%
Top 10%: 32.3%

2025-01 data

Aduro Advisors

Lower 25%: -0.4%
Median: 11.0%
Top 25%: 21.9%
Top 10%: 21.9%

2025-01 data

AngelList

No data

Cambridge Associates

Lower 25%: 7.0%
Median: 16.4%
Top 25%: 25.0%
Top 10%: 38.0%

2025-01 data

MOICMultiple on Invested Capital

Carta

No data

PitchBook

No data

Aduro Advisors

Lower 25%: 1.05x
Median: 1.96x
Top 25%: 1.96x
Top 10%: 4.11x

2025-01 data

AngelList

No data

Cambridge Associates

No data

Vintage 2014

Benchmarks across Carta, PitchBook, Aduro Advisors, AngelList, Cambridge Associates

TVPITotal Value to Paid-In

Carta

No data

PitchBook

Lower 25%: 1.40x
Median: 2.47x
Top 25%: 3.49x
Top 10%: 4.93x

2025-01 data

Aduro Advisors

Lower 25%: 1.84x
Median: 2.76x
Top 25%: 4.39x
Top 10%: 4.35x

2025-01 data

AngelList

No data

Cambridge Associates

Lower 25%: 2.16x
Median: 3.22x
Top 25%: 4.61x
Top 10%: 6.82x

2025-01 data

DPIDistributions to Paid-In

Carta

No data

PitchBook

Lower 25%: 0.21x
Median: 1.73x
Top 25%: 2.28x
Top 10%: 3.35x

2025-01 data

Aduro Advisors

Lower 25%: 0.36x
Median: 0.94x
Top 25%: 0.94x
Top 10%: 1.69x

2025-01 data

AngelList

No data

Cambridge Associates

Lower 25%: 1.29x
Median: 1.79x
Top 25%: 2.31x
Top 10%: 2.97x

2025-01 data

IRRInternal Rate of Return

Carta

No data

PitchBook

Lower 25%: 3.3%
Median: 15.7%
Top 25%: 23.2%
Top 10%: 33.2%

2025-01 data

Aduro Advisors

Lower 25%: 4.1%
Median: 15.1%
Top 25%: 21.2%
Top 10%: 21.2%

2025-01 data

AngelList

No data

Cambridge Associates

Lower 25%: 8.5%
Median: 19.4%
Top 25%: 28.5%
Top 10%: 42.5%

2025-01 data

MOICMultiple on Invested Capital

Carta

No data

PitchBook

No data

Aduro Advisors

Lower 25%: 1.19x
Median: 3.17x
Top 25%: 3.17x
Top 10%: 4.35x

2025-01 data

AngelList

No data

Cambridge Associates

No data

Vintage 2013

Benchmarks across Carta, PitchBook, Aduro Advisors, AngelList, Cambridge Associates

TVPITotal Value to Paid-In

Carta

No data

PitchBook

Lower 25%: 0.90x
Median: 2.06x
Top 25%: 3.08x
Top 10%: 3.66x

2025-01 data

Aduro Advisors

No data

AngelList

No data

Cambridge Associates

Lower 25%: 1.94x
Median: 2.89x
Top 25%: 4.13x
Top 10%: 6.11x

2025-01 data

DPIDistributions to Paid-In

Carta

No data

PitchBook

Lower 25%: 0.23x
Median: 1.26x
Top 25%: 2.34x
Top 10%: 2.80x

2025-01 data

Aduro Advisors

No data

AngelList

No data

Cambridge Associates

Lower 25%: 1.46x
Median: 2.03x
Top 25%: 2.62x
Top 10%: 3.35x

2025-01 data

IRRInternal Rate of Return

Carta

No data

PitchBook

Lower 25%: 5.0%
Median: 16.7%
Top 25%: 26.2%
Top 10%: 36.6%

2025-01 data

Aduro Advisors

No data

AngelList

No data

Cambridge Associates

Lower 25%: 8.0%
Median: 18.4%
Top 25%: 27.0%
Top 10%: 41.0%

2025-01 data

MOICMultiple on Invested Capital

Carta

No data

PitchBook

No data

Aduro Advisors

No data

AngelList

No data

Cambridge Associates

No data

Vintage 2012

Benchmarks across Carta, PitchBook, Aduro Advisors, AngelList, Cambridge Associates

TVPITotal Value to Paid-In

Carta

No data

PitchBook

Lower 25%: 1.05x
Median: 2.63x
Top 25%: 4.11x
Top 10%: 6.95x

2025-01 data

Aduro Advisors

No data

AngelList

No data

Cambridge Associates

Lower 25%: 2.81x
Median: 4.18x
Top 25%: 5.98x
Top 10%: 8.85x

2025-01 data

DPIDistributions to Paid-In

Carta

No data

PitchBook

Lower 25%: 0.54x
Median: 1.65x
Top 25%: 3.13x
Top 10%: 5.93x

2025-01 data

Aduro Advisors

No data

AngelList

No data

Cambridge Associates

Lower 25%: 1.95x
Median: 2.73x
Top 25%: 3.52x
Top 10%: 4.51x

2025-01 data

IRRInternal Rate of Return

Carta

No data

PitchBook

Lower 25%: 0.7%
Median: 17.6%
Top 25%: 27.2%
Top 10%: 42.1%

2025-01 data

Aduro Advisors

No data

AngelList

No data

Cambridge Associates

Lower 25%: 10.5%
Median: 22.7%
Top 25%: 33.0%
Top 10%: 49.0%

2025-01 data

MOICMultiple on Invested Capital

Carta

No data

PitchBook

No data

Aduro Advisors

No data

AngelList

No data

Cambridge Associates

No data

Vintage 2011

Benchmarks across Carta, PitchBook, Aduro Advisors, AngelList, Cambridge Associates

TVPITotal Value to Paid-In

Carta

No data

PitchBook

Lower 25%: 0.49x
Median: 2.12x
Top 25%: 3.57x
Top 10%: 4.80x

2025-01 data

Aduro Advisors

No data

AngelList

No data

Cambridge Associates

Lower 25%: 2.61x
Median: 3.88x
Top 25%: 5.55x
Top 10%: 8.21x

2025-01 data

DPIDistributions to Paid-In

Carta

No data

PitchBook

Lower 25%: 0.45x
Median: 1.57x
Top 25%: 2.72x
Top 10%: 3.69x

2025-01 data

Aduro Advisors

No data

AngelList

No data

Cambridge Associates

Lower 25%: 2.05x
Median: 2.85x
Top 25%: 3.68x
Top 10%: 4.71x

2025-01 data

IRRInternal Rate of Return

Carta

No data

PitchBook

Lower 25%: -4.2%
Median: 14.4%
Top 25%: 22.1%
Top 10%: 34.1%

2025-01 data

Aduro Advisors

No data

AngelList

No data

Cambridge Associates

Lower 25%: 10.0%
Median: 21.6%
Top 25%: 31.5%
Top 10%: 47.5%

2025-01 data

MOICMultiple on Invested Capital

Carta

No data

PitchBook

No data

Aduro Advisors

No data

AngelList

No data

Cambridge Associates

No data

Vintage 2010

Benchmarks across Carta, PitchBook, Aduro Advisors, AngelList, Cambridge Associates

TVPITotal Value to Paid-In

Carta

No data

PitchBook

Lower 25%: 0.52x
Median: 1.56x
Top 25%: 3.13x
Top 10%: 4.58x

2025-01 data

Aduro Advisors

No data

AngelList

No data

Cambridge Associates

Lower 25%: 2.50x
Median: 3.73x
Top 25%: 5.33x
Top 10%: 7.89x

2025-01 data

DPIDistributions to Paid-In

Carta

No data

PitchBook

Lower 25%: 0.42x
Median: 1.06x
Top 25%: 1.98x
Top 10%: 3.57x

2025-01 data

Aduro Advisors

No data

AngelList

No data

Cambridge Associates

Lower 25%: 1.75x
Median: 2.44x
Top 25%: 3.15x
Top 10%: 4.04x

2025-01 data

IRRInternal Rate of Return

Carta

No data

PitchBook

Lower 25%: -6.9%
Median: 12.0%
Top 25%: 22.3%
Top 10%: 42.4%

2025-01 data

Aduro Advisors

No data

AngelList

No data

Cambridge Associates

Lower 25%: 10.0%
Median: 21.9%
Top 25%: 32.0%
Top 10%: 48.0%

2025-01 data

MOICMultiple on Invested Capital

Carta

No data

PitchBook

No data

Aduro Advisors

No data

AngelList

No data

Cambridge Associates

No data

Vintage 2009

Benchmarks across Carta, PitchBook, Aduro Advisors, AngelList, Cambridge Associates

TVPITotal Value to Paid-In

Carta

No data

PitchBook

Lower 25%: 0.94x
Median: 1.83x
Top 25%: 2.39x
Top 10%: 3.61x

2025-01 data

Aduro Advisors

No data

AngelList

No data

Cambridge Associates

Lower 25%: 1.66x
Median: 2.47x
Top 25%: 3.53x
Top 10%: 5.22x

2025-01 data

DPIDistributions to Paid-In

Carta

No data

PitchBook

Lower 25%: 0.48x
Median: 1.27x
Top 25%: 1.71x
Top 10%: 2.51x

2025-01 data

Aduro Advisors

No data

AngelList

No data

Cambridge Associates

Lower 25%: 1.50x
Median: 2.10x
Top 25%: 2.71x
Top 10%: 3.47x

2025-01 data

IRRInternal Rate of Return

Carta

No data

PitchBook

Lower 25%: 0.4%
Median: 9.9%
Top 25%: 22.9%
Top 10%: 31.3%

2025-01 data

Aduro Advisors

No data

AngelList

No data

Cambridge Associates

Lower 25%: 5.5%
Median: 14.4%
Top 25%: 22.0%
Top 10%: 35.5%

2025-01 data

MOICMultiple on Invested Capital

Carta

No data

PitchBook

No data

Aduro Advisors

No data

AngelList

No data

Cambridge Associates

No data

Vintage 2008

Benchmarks across Carta, PitchBook, Aduro Advisors, AngelList, Cambridge Associates

TVPITotal Value to Paid-In

Carta

No data

PitchBook

Lower 25%: 0.30x
Median: 1.70x
Top 25%: 2.84x
Top 10%: 5.57x

2025-01 data

Aduro Advisors

No data

AngelList

No data

Cambridge Associates

Lower 25%: 1.61x
Median: 2.40x
Top 25%: 3.43x
Top 10%: 5.08x

2025-01 data

DPIDistributions to Paid-In

Carta

No data

PitchBook

Lower 25%: 0.21x
Median: 1.17x
Top 25%: 2.06x
Top 10%: 3.96x

2025-01 data

Aduro Advisors

No data

AngelList

No data

Cambridge Associates

Lower 25%: 1.60x
Median: 2.23x
Top 25%: 2.88x
Top 10%: 3.69x

2025-01 data

IRRInternal Rate of Return

Carta

No data

PitchBook

Lower 25%: -15.7%
Median: 7.8%
Top 25%: 20.0%
Top 10%: 29.2%

2025-01 data

Aduro Advisors

No data

AngelList

No data

Cambridge Associates

Lower 25%: 5.5%
Median: 14.6%
Top 25%: 22.5%
Top 10%: 36.0%

2025-01 data

MOICMultiple on Invested Capital

Carta

No data

PitchBook

No data

Aduro Advisors

No data

AngelList

No data

Cambridge Associates

No data

Vintage 2007

Benchmarks across Carta, PitchBook, Aduro Advisors, AngelList, Cambridge Associates

TVPITotal Value to Paid-In

Carta

No data

PitchBook

Lower 25%: 0.62x
Median: 1.72x
Top 25%: 2.71x
Top 10%: 4.66x

2025-01 data

Aduro Advisors

No data

AngelList

No data

Cambridge Associates

Lower 25%: 1.88x
Median: 2.80x
Top 25%: 4.00x
Top 10%: 5.92x

2025-01 data

DPIDistributions to Paid-In

Carta

No data

PitchBook

Lower 25%: 0.31x
Median: 1.21x
Top 25%: 1.78x
Top 10%: 2.47x

2025-01 data

Aduro Advisors

No data

AngelList

No data

Cambridge Associates

Lower 25%: 1.50x
Median: 2.08x
Top 25%: 2.68x
Top 10%: 3.43x

2025-01 data

IRRInternal Rate of Return

Carta

No data

PitchBook

Lower 25%: -9.6%
Median: 10.9%
Top 25%: 18.2%
Top 10%: 27.8%

2025-01 data

Aduro Advisors

No data

AngelList

No data

Cambridge Associates

Lower 25%: 5.0%
Median: 14.0%
Top 25%: 22.0%
Top 10%: 35.0%

2025-01 data

MOICMultiple on Invested Capital

Carta

No data

PitchBook

No data

Aduro Advisors

No data

AngelList

No data

Cambridge Associates

No data

Vintage 2006

Benchmarks across Carta, PitchBook, Aduro Advisors, AngelList, Cambridge Associates

TVPITotal Value to Paid-In

Carta

No data

PitchBook

Lower 25%: 0.43x
Median: 1.43x
Top 25%: 2.19x
Top 10%: 3.03x

2025-01 data

Aduro Advisors

No data

AngelList

No data

Cambridge Associates

Lower 25%: 1.33x
Median: 1.99x
Top 25%: 2.84x
Top 10%: 4.20x

2025-01 data

DPIDistributions to Paid-In

Carta

No data

PitchBook

Lower 25%: 0.31x
Median: 1.21x
Top 25%: 1.78x
Top 10%: 2.47x

2025-01 data

Aduro Advisors

No data

AngelList

No data

Cambridge Associates

Lower 25%: 1.28x
Median: 1.78x
Top 25%: 2.30x
Top 10%: 2.95x

2025-01 data

IRRInternal Rate of Return

Carta

No data

PitchBook

Lower 25%: -10.8%
Median: 5.7%
Top 25%: 11.8%
Top 10%: 17.0%

2025-01 data

Aduro Advisors

No data

AngelList

No data

Cambridge Associates

Lower 25%: 1.5%
Median: 9.0%
Top 25%: 16.5%
Top 10%: 27.5%

2025-01 data

MOICMultiple on Invested Capital

Carta

No data

PitchBook

No data

Aduro Advisors

No data

AngelList

No data

Cambridge Associates

No data

Vintage 2005

Benchmarks across Carta, PitchBook, Aduro Advisors, AngelList, Cambridge Associates

TVPITotal Value to Paid-In

Carta

No data

PitchBook

Lower 25%: 0.48x
Median: 1.33x
Top 25%: 1.90x
Top 10%: 2.55x

2025-01 data

Aduro Advisors

No data

AngelList

No data

Cambridge Associates

Lower 25%: 1.27x
Median: 1.90x
Top 25%: 2.72x
Top 10%: 4.03x

2025-01 data

DPIDistributions to Paid-In

Carta

No data

PitchBook

Lower 25%: 0.22x
Median: 1.23x
Top 25%: 1.75x
Top 10%: 2.36x

2025-01 data

Aduro Advisors

No data

AngelList

No data

Cambridge Associates

Lower 25%: 1.30x
Median: 1.82x
Top 25%: 2.35x
Top 10%: 3.01x

2025-01 data

IRRInternal Rate of Return

Carta

No data

PitchBook

Lower 25%: -9.7%
Median: 3.4%
Top 25%: 9.8%
Top 10%: 13.8%

2025-01 data

Aduro Advisors

No data

AngelList

No data

Cambridge Associates

Lower 25%: 1.5%
Median: 9.4%
Top 25%: 17.0%
Top 10%: 28.0%

2025-01 data

MOICMultiple on Invested Capital

Carta

No data

PitchBook

No data

Aduro Advisors

No data

AngelList

No data

Cambridge Associates

No data

Vintage 2004

Benchmarks across Carta, PitchBook, Aduro Advisors, AngelList, Cambridge Associates

TVPITotal Value to Paid-In

Carta

No data

PitchBook

Lower 25%: 0.33x
Median: 1.08x
Top 25%: 1.61x
Top 10%: 2.30x

2025-01 data

Aduro Advisors

No data

AngelList

No data

Cambridge Associates

Lower 25%: 1.09x
Median: 1.63x
Top 25%: 2.33x
Top 10%: 3.45x

2025-01 data

DPIDistributions to Paid-In

Carta

No data

PitchBook

Lower 25%: 0.15x
Median: 0.93x
Top 25%: 1.39x
Top 10%: 1.83x

2025-01 data

Aduro Advisors

No data

AngelList

No data

Cambridge Associates

Lower 25%: 1.10x
Median: 1.53x
Top 25%: 1.98x
Top 10%: 2.54x

2025-01 data

IRRInternal Rate of Return

Carta

No data

PitchBook

Lower 25%: -21.3%
Median: 0.5%
Top 25%: 7.0%
Top 10%: 14.8%

2025-01 data

Aduro Advisors

No data

AngelList

No data

Cambridge Associates

Lower 25%: 0.0%
Median: 7.0%
Top 25%: 14.0%
Top 10%: 24.5%

2025-01 data

MOICMultiple on Invested Capital

Carta

No data

PitchBook

No data

Aduro Advisors

No data

AngelList

No data

Cambridge Associates

No data

Vintage 2003

Benchmarks across Carta, PitchBook, Aduro Advisors, AngelList, Cambridge Associates

TVPITotal Value to Paid-In

Carta

No data

PitchBook

Lower 25%: 0.35x
Median: 1.02x
Top 25%: 1.49x
Top 10%: 2.66x

2025-01 data

Aduro Advisors

No data

AngelList

No data

Cambridge Associates

Lower 25%: 1.13x
Median: 1.69x
Top 25%: 2.41x
Top 10%: 3.57x

2025-01 data

DPIDistributions to Paid-In

Carta

No data

PitchBook

Lower 25%: 0.21x
Median: 0.90x
Top 25%: 1.40x
Top 10%: 2.28x

2025-01 data

Aduro Advisors

No data

AngelList

No data

Cambridge Associates

Lower 25%: 1.20x
Median: 1.68x
Top 25%: 2.15x
Top 10%: 2.75x

2025-01 data

IRRInternal Rate of Return

Carta

No data

PitchBook

Lower 25%: -16.9%
Median: 1.9%
Top 25%: 6.1%
Top 10%: 15.2%

2025-01 data

Aduro Advisors

No data

AngelList

No data

Cambridge Associates

Lower 25%: 0.5%
Median: 8.6%
Top 25%: 16.0%
Top 10%: 27.0%

2025-01 data

MOICMultiple on Invested Capital

Carta

No data

PitchBook

No data

Aduro Advisors

No data

AngelList

No data

Cambridge Associates

No data

Vintage 2002

Benchmarks across Carta, PitchBook, Aduro Advisors, AngelList, Cambridge Associates

TVPITotal Value to Paid-In

Carta

No data

PitchBook

Lower 25%: 0.41x
Median: 1.11x
Top 25%: 1.48x
Top 10%: 1.76x

2025-01 data

Aduro Advisors

No data

AngelList

No data

Cambridge Associates

Lower 25%: 0.73x
Median: 1.09x
Top 25%: 1.56x
Top 10%: 2.31x

2025-01 data

DPIDistributions to Paid-In

Carta

No data

PitchBook

Lower 25%: 0.18x
Median: 0.98x
Top 25%: 1.41x
Top 10%: 1.68x

2025-01 data

Aduro Advisors

No data

AngelList

No data

Cambridge Associates

Lower 25%: 0.78x
Median: 1.08x
Top 25%: 1.40x
Top 10%: 1.79x

2025-01 data

IRRInternal Rate of Return

Carta

No data

PitchBook

Lower 25%: -19.2%
Median: 1.4%
Top 25%: 7.6%
Top 10%: 12.4%

2025-01 data

Aduro Advisors

No data

AngelList

No data

Cambridge Associates

Lower 25%: -5.0%
Median: 1.3%
Top 25%: 9.0%
Top 10%: 19.5%

2025-01 data

MOICMultiple on Invested Capital

Carta

No data

PitchBook

No data

Aduro Advisors

No data

AngelList

No data

Cambridge Associates

No data

Vintage 2001

Benchmarks across Carta, PitchBook, Aduro Advisors, AngelList, Cambridge Associates

TVPITotal Value to Paid-In

Carta

No data

PitchBook

Lower 25%: 0.46x
Median: 1.11x
Top 25%: 1.44x
Top 10%: 1.83x

2025-01 data

Aduro Advisors

No data

AngelList

No data

Cambridge Associates

Lower 25%: 0.87x
Median: 1.30x
Top 25%: 1.86x
Top 10%: 2.74x

2025-01 data

DPIDistributions to Paid-In

Carta

No data

PitchBook

Lower 25%: 0.28x
Median: 1.02x
Top 25%: 1.48x
Top 10%: 1.85x

2025-01 data

Aduro Advisors

No data

AngelList

No data

Cambridge Associates

Lower 25%: 0.90x
Median: 1.25x
Top 25%: 1.60x
Top 10%: 2.08x

2025-01 data

IRRInternal Rate of Return

Carta

No data

PitchBook

Lower 25%: -15.3%
Median: 2.1%
Top 25%: 6.7%
Top 10%: 13.2%

2025-01 data

Aduro Advisors

No data

AngelList

No data

Cambridge Associates

Lower 25%: -3.5%
Median: 3.8%
Top 25%: 11.5%
Top 10%: 22.0%

2025-01 data

MOICMultiple on Invested Capital

Carta

No data

PitchBook

No data

Aduro Advisors

No data

AngelList

No data

Cambridge Associates

No data

Vintage 2000

Benchmarks across Carta, PitchBook, Aduro Advisors, AngelList, Cambridge Associates

TVPITotal Value to Paid-In

Carta

No data

PitchBook

Lower 25%: 0.28x
Median: 0.96x
Top 25%: 1.42x
Top 10%: 1.91x

2025-01 data

Aduro Advisors

No data

AngelList

No data

Cambridge Associates

Lower 25%: 0.66x
Median: 0.99x
Top 25%: 1.41x
Top 10%: 2.08x

2025-01 data

DPIDistributions to Paid-In

Carta

No data

PitchBook

Lower 25%: 0.30x
Median: 0.93x
Top 25%: 1.37x
Top 10%: 1.88x

2025-01 data

Aduro Advisors

No data

AngelList

No data

Cambridge Associates

Lower 25%: 0.70x
Median: 0.99x
Top 25%: 1.30x
Top 10%: 1.68x

2025-01 data

IRRInternal Rate of Return

Carta

No data

PitchBook

Lower 25%: -14.2%
Median: -0.1%
Top 25%: 5.2%
Top 10%: 11.1%

2025-01 data

Aduro Advisors

No data

AngelList

No data

Cambridge Associates

Lower 25%: -8.5%
Median: -0.1%
Top 25%: 8.0%
Top 10%: 18.5%

2025-01 data

MOICMultiple on Invested Capital

Carta

No data

PitchBook

No data

Aduro Advisors

No data

AngelList

No data

Cambridge Associates

No data