WASHINGTON, Sept. 21, 2017 /PRNewswire/ -- PitchBook, the leading data provider for venture capital (VC), and the National Venture Capital Association (NVCA), the leading voice and advocate for the U.S. VC community, announced today the one-year anniversary of their data and publishing partnership. One year ago, the two organizations came together with the combined goal to increase clarity, insights and advocacy to advance the U.S. venture capital ecosystem. PitchBook serves as NVCA's official data provider, enabling the association to present to U.S. policymakers data-driven research that demonstrates the positive and far-reaching impact of venture capital. Together, PitchBook and NVCA also jointly produce the PitchBook-NVCA Venture Monitor, the authoritative quarterly report on VC activity in the U.S. entrepreneurial ecosystem.
Additional highlights of the partnership thus far include the release of four Venture Monitor reports (3Q 2016, 4Q 2016, 1Q 2017, and 2Q 2017) and a newly formatted NVCA 2017 Yearbook (released in March 2017). Data from PitchBook drove sessions at NVCA's CFO Boot Camp in September 2016 and at NVCA's 2017 Annual Meeting in May of this year, both of which were held in Washington, D.C. NVCA and its members helped shape the insights featured in PitchBook's new series "Ecosystem Factbooks," which are exclusive reports on some of the top VC markets in the country, including Austin, Los Angeles, Chicago and Seattle.
The partnership allows NVCA and its public policy efforts to reach the growing entrepreneurial community in Seattle, where PitchBook is headquartered. Over the last year, NVCA and PitchBook collaborated on joint content focused on policies affecting the entrepreneurial ecosystem in Seattle and a local business leadership dinner NVCA hosted in June 2017. NVCA members nationwide also benefit from exclusive access to the PitchBook Platform through a free limited version, as well as a discounted rate to the full Platform.
"Not surprisingly, we have been extremely satisfied with our partnership with PitchBook. NVCA staff and our members have been very pleased with the quality of PitchBook data in supporting our reporting capabilities and our use of the platform has been incredibly important in highlighting to policymakers the critical role venture capital plays in supporting entrepreneurial innovation," said Bobby Franklin, President and CEO of NVCA. "We've set a high bar with establishing the Venture Monitor as the go-to source for quarterly insights, and our members continue to view the PitchBook Platform as the go-to source for data. We made the right decision a year ago, and I'm excited for what's in store for the years ahead."
"At PitchBook, our continuous focus is providing our clients with the best insights into the private market– to help them do their job even better. In the past year, we worked to extend these efforts even further within the VC space, to showcase and support the incredible impact venture capital is having on communities and industries across the U.S.," said John Gabbert, CEO of PitchBook. "The NVCA is a great partner and a true advocate for entrepreneurship, innovation and job creation, and we are proud to support them with our data and technology."
PitchBook is the premier provider of data on the public and private equity markets. Through its flagship product the PitchBook Platform, PitchBook arms more than 12,000 professionals with unprecedented insight into the flow of capital across the entire venture capital, private equity and M&A landscape. The award-winning web-based Platform features a powerful suite of integrative technology that meets the diverse, data driven needs for professionals to capitalize on opportunities in the private markets. Founded in 2007, PitchBook is now a Morningstar company. Visit www.PitchBook.com for more information about the company.
About National Venture Capital Association
Venture capitalists are committed to funding America's most innovative entrepreneurs, working closely with them to transform breakthrough ideas into emerging growth companies that drive U.S. job creation and economic growth. As the voice of the U.S. venture capital community, the National Venture Capital Association (NVCA) empowers its members and the entrepreneurs they fund by advocating for policies that encourage innovation and reward long-term investment. As the venture community's preeminent trade association, the NVCA serves as the definitive resource for venture capital data and unites its member firms through a full range of professional services. For more information about the NVCA, please visit www.nvca.org.