Funding benchmark · last 12 months

The typical seed round in Construction

From 45 seed rounds announced in Construction over the last twelve months, each read from a named source. Half of them raised between $3.0M and $17M.

See the roundsAll benchmarks

SeedConstruction
Median round$5.2M
$1.3M1 in 10 below$3.0M – $17Mmiddle half$26M1 in 10 above

45 rounds counted · recounted nightly

Rounds counted45seed rounds in Construction, last 12 months
Against worldwide-5%vs the $5.5M worldwide median
Since last round-too few earlier rounds on record
Lead named80%of these rounds name the investor who led

The trend

Median seed round, quarter by quarter

From $6.8M in 2024 Q4 to $3.9M in 2026 Q3. Quarters with fewer than five rounds are left blank.

$6.8M'24 Q46 rds
$4.5M'25 Q15 rds
'25 Q23 rds
$4.2M'25 Q311 rds
$4.5M'25 Q47 rds
'26 Q14 rds
$8.0M'26 Q213 rds
$3.9M'26 Q314 rds

Who leads

The most active leads

The firms that led the most seed rounds in Construction this year.

  1. 1Accel3 led
  2. 2Andreessen Horowitz2 led
  3. 3Lightspeed Venture Partners2 led
  4. 4Bessemer Venture Partners1 led
  5. 5CDP Venture Capital1 led
  6. 6Atomico1 led

Recent examples

Seed rounds in Construction, 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 Construction

Series A$23MSeries B$40M

Seed elsewhere

AI$7.0MUnited States$9.0MUnited Kingdom$3.1MFintech$5.0MHealthcare$4.9MSoftware$5.0MBiotech$7.3MRobotics$8.8MCybersecurity$10MSaaS$4.0MBig Data & Analytics$7.5MAustralia$4.0MEnterprise Software$8.3MHardware & Electronics$9.5MIndia$2.5MEnergy$5.0MLogistics$4.0MManufacturing$4.4MClimate Tech$4.4MDefence Tech$8.8MHealthtech$4.3M

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Q&A

How big is a typical seed round in Construction?

The median is $5.2M, from 45 seed rounds announced in Construction in the last twelve months. Half of them raised between $3.0M and $17M; one in ten raised more than $26M.

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.