# Median growth round in the United States (2026) > The median growth round in the United States is $200M, from 123 rounds announced in the last 12 months. Half raised between $51M and $523M. Source: https://millionrounds.com/benchmarks/growth/united-states (Millionrounds; every figure on the page links to its filing or article) Funding benchmark · last 12 months # The typical growth round in the *United States* From 123 growth rounds announced in the United States over the last twelve months, each read from a named source. Half of them raised between $51M and $523M. See the rounds[All benchmarks](https://millionrounds.com/benchmarks) Growth United States Median round **$200M** $28M 1 in 10 below $51M – $523M middle half $2.0B 1 in 10 above 123 rounds counted · recounted nightly Rounds counted **123** growth rounds in the United States, last 12 months Against worldwide **+85%** vs the $108M worldwide median Since last round **10 mo** median gap, from 60 companies we saw raise before Lead named **81%** of these rounds name the investor who led The trend ## Median growth round, quarter by quarter From $333M in 2024 Q4 to $350M in 2026 Q3. Quarters with fewer than five rounds are left blank. $333M '24 Q4 19 rds $128M '25 Q1 22 rds $300M '25 Q2 21 rds $463M '25 Q3 19 rds $225M '25 Q4 24 rds $275M '26 Q1 26 rds $200M '26 Q2 37 rds $350M '26 Q3 29 rds Who leads ## The most active leads The firms that led the most growth rounds in the United States this year. - [1 **General Catalyst** 5 led](https://millionrounds.com/fund/general-catalyst) - [2 **GIC** 5 led](https://millionrounds.com/fund/gic) - [3 **Andreessen Horowitz** 4 led](https://millionrounds.com/fund/andreessen-horowitz) - [4 **Coatue** 4 led](https://millionrounds.com/fund/coatue-management) - [5 **Lux Capital** 3 led](https://millionrounds.com/fund/lux-capital) - [6 **SoftBank BB Corp** 3 led](https://millionrounds.com/fund/softbank) Recent examples ## Growth rounds in the United States, latest first - [**Wilde** 24 Oct 2026 S2G Investments $40M -80%](https://millionrounds.com/company/wilde) - [**Cognitive Credit** 22 Oct 2026 Summit Partners $40M -80%](https://millionrounds.com/company/cognitive-credit) - [**Kevel** 22 Oct 2026 Not named $52M -74%](https://millionrounds.com/company/kevel) - [**Coast** 22 Oct 2026 Thomvest Ventures $35M -82%](https://millionrounds.com/company/coast) - [**Dan-O's Seasoning** 21 Oct 2026 The Newcastle Network $25M -87%](https://millionrounds.com/company/dan-o-s-seasoning) - [**Otter.ai** 20 Oct 2026 General Catalyst $320M +60%](https://millionrounds.com/company/otter-ai) - [**Platform Accounting Group** 20 Oct 2026 Treville Capital Group $355M +78%](https://millionrounds.com/company/platform-accounting-group) - [**Rejuvenate Bio** 19 Oct 2026 Not named $3.2M -98%](https://millionrounds.com/company/rejuvenate-bio) **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](https://millionrounds.com/methodology). Other stages in the United States [**Pre-seed** $3.0M](https://millionrounds.com/benchmarks/pre-seed/united-states)[**Seed** $9.0M](https://millionrounds.com/benchmarks/seed/united-states)[**Series A** $25M](https://millionrounds.com/benchmarks/series-a/united-states)[**Series B** $60M](https://millionrounds.com/benchmarks/series-b/united-states)[**Series C** $100M](https://millionrounds.com/benchmarks/series-c/united-states)[**Series D** $190M](https://millionrounds.com/benchmarks/series-d/united-states) Growth elsewhere [**AI** $150M](https://millionrounds.com/benchmarks/growth/ai)[**Fintech** $55M](https://millionrounds.com/benchmarks/growth/fintech)[**United Kingdom** $25M](https://millionrounds.com/benchmarks/growth/united-kingdom) ## Raising a growth round? See who leads rounds like yours, and check your raise before you pitch. [Take the Fundability Test](https://millionrounds.com/fundability)[Or find investors](https://millionrounds.com/investor-database) ## Q&A How big is a typical growth round in the United States? The median is $200M, from 123 growth rounds announced in the United States in the last twelve months. Half of them raised between $51M and $523M; one in ten raised more than $2.0B. 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.