Record Highs, Record Lows: Tracking the Shifting VC Landscape
For venture capital, 2025 was remarkable for highs and lows.
Among the highs: Two of the three biggest quarters ever for venture funding took place last year.
And, the lows: Overall, firms closed a record-low number of funds.
This dichotomy inspires this edition of Venture Legal, exploring some of the ways in which the VC landscape is evolving, including:
⭐Record raises for the biggest VCs, but a difficult time for mid-level funds.
While big VC firms announce mega-fundraises, many newer and mid-level funds struggled in 2025.
⭐Venture capital goes global. VCs are traveling the world to find new investors, while India and other global markets have had robust activity.
⭐The potential upcoming IPO “mega-cycle.” Experts are predicting a possible “mega-cycle” for IPOs, and projecting what it will mean for VCs and LPs.
⭐Enterprise AI consolidation. As enterprise-focused VCs anticipate consolidation of AI spend, we may see even more M&A activity – a trend which may already be underway in LegalTech.
➡️Read the full feature story: Record Highs, Record Lows: Tracking the Shifting VC
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Alternative Legal Services Providers (ALSPs): A Look Back, and What’s Ahead
Professional services, including legal, stand at an AI inflection point, with rapid changes ongoing and even greater transformations on the horizon ahead – and sometimes, in order to look forward, it helps to first also take a look back. For this edition of Venture Legal, I wanted to look back at the evolution of a…
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The Future of AI + LegalTech @ SF Tech Week
As cloud computing and AI expert David Linthicum recently wrote, “AI is often described as a transformative technology, but transformation is anything but easy.” That’s why, as AI transforms the legal sector, it was imperative to convene a panel during SF Tech Week composed of legal industry leaders who’ve made AI work – Okta’s Russell…
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LegalTech Goes Global! (Part 2)
In just the past two weeks, since publishing Venture Legal’s LegalTech Goes Global (Part 1): As VC-funding startups rapidly scale globally, this week’s edition of Venture Legal is Part 2 of the LegalTech Goes Global series. This week I’m exploring: Follow me on Substack and subscribe to read the featured story! Venture Legal,…
