Funding benchmark · last 12 months

The typical growth round in the United Kingdom

From 35 growth rounds announced in the United Kingdom over the last twelve months, each read from a named source. Half of them raised between $13M and $100M.

See the roundsAll benchmarks

Growth United Kingdom
Median round$25M
$4.5M1 in 10 below$13M – $100Mmiddle half$275M1 in 10 above

35 rounds counted · recounted nightly

Rounds counted35growth rounds in the United Kingdom, last 12 months
Against worldwide-77%vs the $108M worldwide median
Since last round21 momedian gap, from 14 companies we saw raise before
Lead named80%of these rounds name the investor who led

The trend

Median growth round, quarter by quarter

From $35M in 2025 Q3 to $22M in 2026 Q3. Quarters with fewer than five rounds are left blank.

'24 Q41 rds
'25 Q12 rds
'25 Q23 rds
$35M'25 Q35 rds
$26M'25 Q48 rds
$21M'26 Q18 rds
$80M'26 Q27 rds
$22M'26 Q314 rds

Who leads

The most active leads

The firms that led the most growth rounds in the United Kingdom this year.

  1. 1Gresham House Ventures2 led
  2. 2Northstar Ventures1 led
  3. 3Foresight Group1 led
  4. 4Maven Capital Partners1 led
  5. 5ACF Investors1 led
  6. 6Mercia Asset Management1 led

Recent examples

Growth rounds in the United Kingdom, 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 in the United Kingdom

Pre-seed$2.0MSeed$3.1MSeries A$14MSeries B$43M

Growth elsewhere

AI$150MUnited States$200MFintech$55M

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Q&A

How big is a typical growth round in the United Kingdom?

The median is $25M, from 35 growth rounds announced in the United Kingdom in the last twelve months. Half of them raised between $13M and $100M; one in ten raised more than $275M.

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.