The Challenge: Navigating the Venture Capital Landscape
In today's fast-paced venture capital ecosystem, investors and high-growth tech companies in Europe face a complex array of deal terms and evolving market trends. They need precise and insightful analysis now more than ever.
The Solution: Orrick's Deal Flow report
Our Deal Flow report offers a groundbreaking solution. It provides distinctive, in-depth analysis of venture financing deal term trends across Europe, together with unparalleled comparative analysis from the U.S. Recognized by industry experts, the report offers unique, actionable and data-driven insights to help startups and investors make informed decisions with confidence.
Why Orrick?
For over nine years, Orrick has been Europe's leading venture capital law firm (PitchBook), consistently closing more deals than any other firm. This extensive deal activity gives us unparalleled access to the largest data pool in the industry. We analyse that data and share it in Deal Flow in a way that places prevailing deal term trends in the context of broader market developments. Our approach spans tech company lawyers from the UK, Germany, Italy and France and innovators from Orrick Labs. Their collaboration ensures comprehensive and forward-looking insights.
Innovative Tools for Informed Decisions
Our pioneering in-house technologies and processes enable us to analyse hundreds of venture capital and growth equity investments a year. The result? An intuitive, interactive analytics dashboard that provides clear insights into market standards, equipping companies and investors with the information they need to negotiate. By empowering teams to make reasoned, data-backed decisions, Deal Flow accelerates startup growth while protecting all parties to a transaction.
Proven Impact and Recognition
Orrick’s Deal Flow dashboard was recognised at the 2024 Financial Times Innovative Lawyers Europe Awards. It offers a deep dive into five years’ worth of venture capital deal data, analysing over 80 decision factors and more than 10,000+ data points. This data-driven approach helps clients make strategic decisions with the benefit of tailored, commercially astute advice.
Explore Our Deal Flow Reports
Deal Flow 5.0: 2024 Review
2 minute read | March.20.2025
In 2024, despite political and regulatory challenges, Europe's talent pool reached new heights, even amid funding shortages. Venture capital investment in European startups reached over $52B last year, aligning with the market's long-term growth and stabilization despite being lower than 2023 and the peaks of 2021 and 2022.
To understand the factors driving these shifts in the landscape and their effect on deal terms, we analyzed over 375 venture capital and growth equity investments our clients completed in Europe last year.
Deal Flow 4.0: 2023 Review
2 minute read | March.05.2024
Venture capital investment in European startups topped $60 billion last year, higher than pre-pandemic levels but lower than the highs of the prior two years.
To see how deal terms changed, we analyzed over 350 venture capital and growth equity investments our clients completed in Europe last year.
Deal Flow 3.0: 2022 Review
2 minute read | March.07.2023
Despite a shift to economic headwinds, investors injected more than $95 billion into the European tech market in 2022, the second-largest amount ever.
To see how deal terms changed, Orrick analysed more than 500 transactions we closed for clients in Europe in 2022 with an aggregate value of more than $12 billion.
Deal Flow 2.0: 2021 Review
2 minute read | March.08.2022
Our report shares insights gleaned from an analysis of nearly 500 venture financing deals that we closed across Europe in 2021, with an aggregate deal value more than $20B.
As the law firm that has closed more than twice as many deals as any other firm in Europe in the last several years, we have unique insights for investors and high-growth companies into typical deal terms. Deal Flow 2.0 places those insights in the broader context of market trends unfolding across Europe.
Deal Flow: 2020 Review
2 minute read | February.23.2021
Our report shares insights gleaned from an analysis of nearly 500 venture financing deals that we closed across Europe in 2021, with an aggregate deal value more than $20B.
As the law firm that has closed more than twice as many deals as any other firm in Europe in the last several years, we have unique insights for investors and high-growth companies into typical deal terms. Deal Flow 2.0 places those insights in the broader context of market trends unfolding across Europe.
