# Median pre-seed round in Software (2026)

> The median pre-seed round in Software is $2.0M, from 33 rounds announced in the last 12 months. Half raised between $1.0M and $2.7M.

Source: https://millionrounds.com/benchmarks/pre-seed/software (Millionrounds; every figure on the page links to its filing or article)

Funding benchmark · last 12 months

# The typical pre-seed round in *Software*

From 33 pre-seed rounds announced in Software over the last twelve months, each read from a named source. Half of them raised between $1.0M and $2.7M.

See the rounds[All benchmarks](https://millionrounds.com/benchmarks)

Pre-seed Software

Median round

**$2.0M**

$628K 1 in 10 below $1.0M – $2.7M middle half $5.8M 1 in 10 above

33 rounds counted · recounted nightly

Rounds counted **33** pre-seed rounds in Software, last 12 months

Against worldwide **0%** vs the $2.0M worldwide median

Since last round **-** too few earlier rounds on record

Lead named **76%** of these rounds name the investor who led

The trend

## Median pre-seed round, quarter by quarter

The last eight full quarters. Quarters with fewer than five rounds are left blank.

'24 Q4 0 rds

'25 Q1 2 rds

'25 Q2 3 rds

'25 Q3 2 rds

'25 Q4 2 rds

'26 Q1 2 rds

'26 Q2 4 rds

$2.2M '26 Q3 11 rds

Who leads

## The most active leads

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

- [1 **Menlo Ventures** 1 led](https://millionrounds.com/fund/menlo-ventures)
- [2 **Seedcamp** 1 led](https://millionrounds.com/fund/seedcamp)
- [3 **SFC Capital** 1 led](https://millionrounds.com/fund/sfc-capital)
- [4 **360 Capital** 1 led](https://millionrounds.com/fund/360-capital)
- [5 **Fuel Ventures** 1 led](https://millionrounds.com/fund/fuel-ventures)
- [6 **Airtree Ventures** 1 led](https://millionrounds.com/fund/airtree)

Recent examples

## Pre-seed rounds in Software, latest first

- [**ALPHA10X** 29 Oct 2026 · GrowthX Capital $5.0M +150%](https://millionrounds.com/company/alpha10x)
- [**Metacognition** 28 Oct 2026 · Airtree Ventures $5.0M +150%](https://millionrounds.com/company/metacognition)
- [**Lumilab** 20 Oct 2026 · Giant Ventures $3.3M +63%](https://millionrounds.com/company/lumilab)
- [**Affinity Labs** 14 Oct 2026 · Fuel Ventures $2.0M at median](https://millionrounds.com/company/affinity-labs)
- [**Bynario** 17 Sept 2026 · 360 Capital $2.4M +20%](https://millionrounds.com/company/bynario)
- [**Boxd** 16 Sept 2026 · BlueYard Capital $2.0M at median](https://millionrounds.com/company/boxd)
- [**Keep Converting** 8 Sept 2026 · Nuwa Capital $2.0M at median](https://millionrounds.com/company/keep-converting)
- [**Hermetiq** 31 Aug 2026 · Not named $2.2M +10%](https://millionrounds.com/company/hermetiq)

**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 Software

[**Seed** $5.0M](https://millionrounds.com/benchmarks/seed/software)[**Series A** $18M](https://millionrounds.com/benchmarks/series-a/software)

Pre-seed elsewhere

[**AI** $2.1M](https://millionrounds.com/benchmarks/pre-seed/ai)[**United States** $3.0M](https://millionrounds.com/benchmarks/pre-seed/united-states)[**Fintech** $2.4M](https://millionrounds.com/benchmarks/pre-seed/fintech)[**United Kingdom** $2.0M](https://millionrounds.com/benchmarks/pre-seed/united-kingdom)

## Raising a pre-seed 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 pre-seed round in Software?

The median is $2.0M, from 33 pre-seed rounds announced in Software in the last twelve months. Half of them raised between $1.0M and $2.7M; one in ten raised more than $5.8M.

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.
