Funding benchmark · last 12 months

The typical pre-seed round worldwide

From 283 pre-seed rounds announced worldwide over the last twelve months, each read from a named source. Half of them raised between $1.0M and $3.6M.

See the roundsAll benchmarks

Pre-seedWorldwide
Median round$2.0M
$600K1 in 10 below$1.0M – $3.6Mmiddle half$7.3M1 in 10 above

283 rounds counted · recounted nightly

Rounds counted283pre-seed rounds worldwide, last 12 months
Biggest 10%$7.3M+the top tenth of pre-seed rounds
Since last round12 momedian gap, from 22 companies we saw raise before
Lead named72%of these rounds name the investor who led

The trend

Median pre-seed round, quarter by quarter

From $1.0M in 2024 Q4 to $2.0M in 2026 Q3. Quarters with fewer than five rounds are left blank.

$1.0M'24 Q436 rds
$1.0M'25 Q139 rds
$1.5M'25 Q234 rds
$2.0M'25 Q347 rds
$1.8M'25 Q450 rds
$1.7M'26 Q128 rds
$1.9M'26 Q238 rds
$2.0M'26 Q383 rds

Who leads

The most active leads

The firms that led the most pre-seed rounds worldwide this year.

  1. 1Fuel Ventures4 led
  2. 2Superhero Capital4 led
  3. 3Y Combinator3 led
  4. 4Seedcamp3 led
  5. 5Avatar Leadership Fund3 led
  6. 6Lightspeed Venture Partners2 led

Recent examples

Pre-seed 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

Seed$5.5MSeries A$20MSeries B$50MSeries C$100MSeries D$158MGrowth$108M

Pre-seed elsewhere

AI$2.1MUnited States$3.0MFintech$2.4MSoftware$2.0MUnited Kingdom$2.0M

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Q&A

How big is a typical pre-seed round worldwide?

The median is $2.0M, from 283 pre-seed rounds announced worldwide in the last twelve months. Half of them raised between $1.0M and $3.6M; one in ten raised more than $7.3M.

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.