PitchBook report – Supply chain tech report

VC activity continued to soften in the fourth quarter. The high-profile and sudden bankruptcy of Convoy announced in October likely added to the cautious investment climate for supply chain tech. Q4 VC deal value was $2.4 billion, which reflected a decline of 19.8% QoQ. On a YoY basis, deal value was down 48.8%. The total number of deals in the quarter was 153, which represented a decline of 19.9% QoQ and 40.5% YoY. Across segments, enterprise supply chain management and freight tech saw deal value tick up, while deal value for both last-mile delivery and warehousing tech declined.