MoneyMarch 20, 2026via TechCrunch Venture

AI startups are eating the venture industry and the returns, so far, are good

Why it matters

AI startups now dominate venture funding with 41% market share, signaling a fundamental shift in where smart money is betting and what returns early investors are seeing.

Key signals

  • AI startups captured 41% of venture funding
  • $128 billion total venture dollars raised on Carta
  • Record-high annual share for AI startups
  • Returns are tracking positive so far

The hook

$52B. That's how much AI startups raised out of $128B total VC dollars last year.

AI startups accounted for 41% of the $128 billion in venture dollars raised by companies on Carta last year — a record-high annual share.

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