Facebook Ads Insights Tool

Facebook Ads Cost Per Lead Benchmarks for Venture Capital & Investment

See how your CPL compares. Explore lead generation cost benchmarks by industry, region, and campaign type

Cost Per Lead for Venture Capital & Investment

October 2024 - October 2025

Insights

Detailed observation of presented data

Facebook Ads cost per lead benchmarks: Venture Capital & Investment, all countries

  • The analysis is based on $3B worth of advertising data from our dataset, which provides strong directional benchmarks.
  • The selected Venture Capital & Investment segment across all countries sits well below the global baseline for most of the period, with a sharp reversal in late spring.
  • Average cost per lead in the selected data is 15.38, versus 36.93 globally (58% lower overall). Before the late-spring spike, the Sep–Apr average was just 5.31 (about 85% below baseline).
  • Seasonality: the global baseline rises in Q4 (Nov–Dec), while the selected segment declines through Nov and only rebounds in Dec; the selected series instead spikes in May and remains elevated in July.
  • Volatility: selected data shows a median month-to-month change of about 39% (including the series jump to May), versus steadier single- to mid-teen swings in the baseline. From first to last month, the selected series climbs +268%, compared to +18% for the baseline.

What this analysis covers

This analysis looks at cost per lead trends for industry Venture Capital & Investment and target country all countries available compared to the global trend.

Selected data trend highlights

  • Overall stats (Sep 2024–Jul 2025):
  • Average: 15.38; median: 4.98
  • High: 65.99 in May 2025; low: 2.31 in April 2025
  • First-to-last change: +268% (12.30 in Sep 2024 to 45.30 in Jul 2025)
  • Progression:
  • Downtrend from Sep 2024 (12.30) to a trough in Apr 2025 (2.31), with notable month-to-month moves:
  • Largest early-month drop: Oct → Nov at −49%
  • Rebound: Nov → Dec at +50%
  • Sharp spike in May 2025 to 65.99 (+2,752% vs Apr), followed by a pullback to 45.30 in Jul (−31% vs May).
  • Typical volatility:
  • Median month-to-month absolute change ≈ 39%; values were stable to declining through April, then abruptly re-priced higher in May–July.

Comparison to the global baseline

  • Baseline stats over overlapping months:
  • Average: 36.93; median: 38.63
  • High: 41.58 in Nov 2024; low: 31.12 in Oct 2024
  • First-to-last change (Sep 2024 → Jul 2025): +17.6%
  • Relative positioning:
  • Sep–Apr: selected remained 62% to 94% below the global median each month (e.g., Nov 3.81 vs 41.58; Apr 2.31 vs 38.59).
  • May: selected jumped to 65.99, 66% above the global 39.63.
  • Jul: selected at 45.30, 17% above the global 38.67.
  • Volatility and seasonality:
  • The baseline shows a typical Q4 lift (Oct low to Nov–Dec highs), then moderate oscillation through spring.
  • The selected segment diverged from that Q4 pattern, trending down through April before an outsized May spike, then staying elevated in July.

Monthly milestones (selected vs baseline, highlights)

  • Lowest point: Apr 2025 at 2.31 (−94% vs baseline).
  • Peak: May 2025 at 65.99 (+66% vs baseline), with July still above market (+17%).

Understanding cost per lead benchmarks on Facebook Ads in industry Venture Capital & Investment and all countries available helps advertisers make more efficient budget and creative choices.

Understanding the Data

Insights & analysis of Facebook advertising costs

Facebook advertising costs vary based on many factors including industry, target audience, ad placement, and campaign objectives. In the Venture Capital & Investment industry, Facebook ad costs can be influenced by seasonal trends and market competition. Geographic targeting affects ad costs based on market competition and user engagement in different regions. Different campaign objectives lead to varying costs based on how Facebook optimizes for your specific goals. The data shown represents median values across multiple campaigns, and individual results may vary based on ad quality, audience targeting, and campaign optimization.

Why we use median instead of average

We use the median CTR because the underlying distribution of click-through rates is highly skewed, with a small share of campaigns achieving extremely high CTRs. These outliers can inflate a simple average, making it less representative of what most advertisers actually experience. By using the median—which sits at the midpoint of all campaigns—we provide a more rigorous and realistic benchmark that reflects the true underlying data model and helps you set attainable performance expectations.

Key Factors Affecting Facebook Ad Costs

  • Competition within your selected industry and audience demographics
  • Ad quality and relevance score – higher quality ads can lower costs
  • Campaign objective and bid strategy
  • Timing and seasonality – costs often increase during holiday periods
  • Ad placement (News Feed, Instagram, Audience Network, etc.)

Note: This data represents industry median values and benchmarks. Your actual costs may vary based on specific targeting, ad creative quality, and campaign optimization.

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The data behind the benchmarks

All data is sourced from over $3B in Facebook ad spend, collected across thousands of ad accounts that use Superads daily to analyze and improve their campaigns. Every data point is fully anonymized and aggregated—no individual advertiser is ever exposed.

This dataset updates frequently as new ad data flows in. It will only get bigger and better.

What is considered a good cost per lead on Facebook in 2025?

A good CPL usually ranges from $10 to $50, depending on your industry and target audience. B2C offers tend to be cheaper, while B2B or high-ticket services may see CPLs over $100.

Why is my CPL higher than industry averages?

Your CPL could be high due to weak creative, irrelevant targeting, or an offer that doesn't resonate. Low engagement or poor conversion rates on your landing page can also drive up costs.

Does campaign objective impact CPL?

Yes. Campaigns optimized for conversions or leads tend to generate cheaper and more qualified leads compared to traffic or engagement objectives. Facebook needs clear signals to find the right users.

How can I generate leads at a lower cost without hurting lead quality?

Focus on improving your offer, targeting the right audience, and using high-converting creative. Test native lead forms, but make sure you're still qualifying users properly.

Should I optimize for leads or conversions if my goal is pipeline growth?

If your goal is sales or revenue, optimizing for deeper funnel conversions is better. Optimizing for leads alone can inflate volume but hurt quality.