Funding benchmark · last 12 months

The typical growth round worldwide

From 269 growth rounds announced worldwide over the last twelve months, each read from a named source. Half of them raised between $30M and $346M.

See the roundsAll benchmarks

GrowthWorldwide
Median round$108M
$9.5M1 in 10 below$30M – $346Mmiddle half$1.0B1 in 10 above

269 rounds counted · recounted nightly

Rounds counted269growth rounds worldwide, last 12 months
Biggest 10%$1.0B+the top tenth of growth rounds
Since last round13 momedian gap, from 118 companies we saw raise before
Lead named79%of these rounds name the investor who led

The trend

Median growth round, quarter by quarter

From $200M in 2024 Q4 to $150M in 2026 Q3. Quarters with fewer than five rounds are left blank.

$200M'24 Q435 rds
$123M'25 Q136 rds
$105M'25 Q237 rds
$150M'25 Q343 rds
$116M'25 Q458 rds
$100M'26 Q159 rds
$140M'26 Q266 rds
$150M'26 Q371 rds

Who leads

The most active leads

The firms that led the most growth rounds worldwide this year.

  1. 1GIC6 led
  2. 2Andreessen Horowitz5 led
  3. 3General Catalyst5 led
  4. 4Coatue4 led
  5. 5Dragoneer Investment4 led
  6. 6Atreides Management4 led

Recent examples

Growth rounds worldwide, latest first

How to read these figures

They come from announced rounds. Large rounds are almost always announced and many small ones never are, so the true typical round is probably a little smaller than shown, most of all at pre-seed and seed. Every round behind them is in the record with its source. How we read rounds.

Other stages worldwide

Pre-seed$2.0MSeed$5.5MSeries A$20MSeries B$50MSeries C$100MSeries D$158M

Growth elsewhere

AI$150MUnited States$200MFintech$55MUnited Kingdom$25M

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Q&A

How big is a typical growth round worldwide?

The median is $108M, from 269 growth rounds announced worldwide in the last twelve months. Half of them raised between $30M and $346M; one in ten raised more than $1.0B.

Which rounds are counted?

Rounds announced in the last twelve months with a stated amount and stage, each read from a named article or filing. A page is only published where at least 30 rounds stand behind it.

Are these figures biased?

Towards larger rounds, yes. Big rounds are announced; many small ones never are. So the true typical round is probably a little smaller than the figure here, especially at pre-seed and seed.

How often does it change?

The figures are recounted from the record every night, as new rounds are read.