AI and ML startups accounted for more than a third of all of the combined value of VC-backed exits last year, says a report from BestBrokers.
The data can be accessed on Google Drive via this link.
Venture capital exit value reached $549.2 billion in 
2025, with AI startups generating $189.6 billion of that total, or 34.5% of all exits, up sharply from 21.8% in 2024 and roughly 11% just two years earlier.
AI Startups’ Share of Global VC Exits (2020–2025)
- 2020 – Total exits: $661.2B | AI & ML exits: $59.0B | AI Share – 8.92%
- 2021 – Total exits: $1,513.6B | AI & ML exits: $244.1B | AI Share – 16.13%
- 2022 – Total exits: $455.8B | AI & ML exits: $50.5B | AI Share – 11.08%
- 2023 – Total exits: $340.3B | AI & ML exits: $37.4B | AI Share – 10.99%
- 2024 – Total exits: $337.0B | AI & ML exits: $73.6B | AI Share – 21.84%
- 2025 – Total exits: $549.2B | AI & ML exits: $189.6B | AI Share – 34.52%
Exit activity was concentrated among late-stage AI infrastructure, enterprise AI, and semiconductor-adjacent startups rather than consumer-facing companies.
Quarterly AI exit value rose from $36.2 billion in Q1 to nearly $65 billion in Q4.
