Pitchbook: the median pre-investment valuation for a Series A round in the US has increased sixfold to $37M since 2010 (Kate Clark/The Information)

Kate Clark / The Information:

Pitchbook: the median pre-investment valuation for a Series A round in the US has increased sixfold to $37M since 2010  —  Financial software developer Orum, which disclosed a seed round over the summer, wasn’t seeking more capital when Bain Capital Ventures offered to lead its Series A investment last year.