VCs still think work software is a wise investment

Work software is seeing significant investments from VCs, reflecting the continued trend toward digital transformation and remote work.
In its Road to Next report released Tuesday, Deloitte found that even though overall investment in work software companies is down from the lofty heights it reached in 2021, the segment still accounted for 15% of total expansion-stage deal value in 2022 (per PitchBook). Venture-growth work software deals remained steady, barely dipping from $35.4 million in 2021 to $35 million in 2022.
“As market trends remain relatively dynamic, qualitative data shows t

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