Runway Growth report: US venture debt hits record $68.8 billion in 2025

PUBT·05/26/2026 20:30:26

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Runway Growth Finance released a 2025-2026 Venture Debt Review with PitchBook, flagging U.S. venture debt at a record USD 68.8 billion in 2025.
Deal count held near 1,000, pointing to larger financings rather than more borrowers; median deal size rose to USD 5.5 million.
Follow-on financings climbed to USD 12.3 billion across 156 deals, up from USD 4.7 billion across 129 deals.
U.S. venture investment totaled USD 321.6 billion across more than 17,000 deals; AI represented 63.5% of deal value.
Exit value reached USD 286.9 billion; venture debt-backed companies made up 37% of exit value, 18% of exit count.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Runway Growth Finance Corporation published the original content used to generate this news brief via PR Newswire (Ref. ID: 202605261630PR_NEWS_USPR_____CG66431) on May 26, 2026, and is solely responsible for the information contained therein.

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