# Median seed round in Construction (2026)

> The median seed round in Construction is $5.2M, from 45 rounds announced in the last 12 months. Half raised between $3.0M and $17M.

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

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

Seed Construction

Median round

**$5.2M**

$1.3M 1 in 10 below $3.0M – $17M middle half $26M 1 in 10 above

45 rounds counted · recounted nightly

Rounds counted **45** seed 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 named **80%** 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 Q4 6 rds

$4.5M '25 Q1 5 rds

'25 Q2 3 rds

$4.2M '25 Q3 11 rds

$4.5M '25 Q4 7 rds

'26 Q1 4 rds

$8.0M '26 Q2 13 rds

$3.9M '26 Q3 14 rds

Who leads

## The most active leads

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

- [1 **Accel** 3 led](https://millionrounds.com/fund/accel)
- [2 **Andreessen Horowitz** 2 led](https://millionrounds.com/fund/andreessen-horowitz)
- [3 **Lightspeed Venture Partners** 2 led](https://millionrounds.com/fund/lightspeed-venture-partners)
- [4 **Bessemer Venture Partners** 1 led](https://millionrounds.com/fund/bessemer-venture-partners)
- [5 **CDP Venture Capital** 1 led](https://millionrounds.com/fund/cdp-venture-capital)
- [6 **Atomico** 1 led](https://millionrounds.com/fund/atomico)

Recent examples

## Seed rounds in Construction, latest first

- [**Punch** 16 Oct 2026 · Gutter Capital $2.0M -62%](https://millionrounds.com/company/punch)
- [**Origin** 15 Oct 2026 · Accel $20M +285%](https://millionrounds.com/company/origin)
- [**reebuild** 13 Oct 2026 · Fortino Ventures $3.4M -35%](https://millionrounds.com/company/reebuild)
- [**Clastix** 24 Sept 2026 · CDP Venture Capital $3.3M -37%](https://millionrounds.com/company/clastix)
- [**Arcos** 18 Sept 2026 · HTGF High-Tech Gründerfonds $6.3M +21%](https://millionrounds.com/company/arcos)
- [**Phase0** 13 Sept 2026 · Realyze Ventures $3.0M -42%](https://millionrounds.com/company/phase0)
- [**Papr** 9 Sept 2026 · Not named $1.3M -76%](https://millionrounds.com/company/papr)
- [**Bull** 2 Sept 2026 · MAYA Capital $3.7M -29%](https://millionrounds.com/company/bull)

**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 Construction

[**Series A** $23M](https://millionrounds.com/benchmarks/series-a/construction)[**Series B** $40M](https://millionrounds.com/benchmarks/series-b/construction)

Seed elsewhere

[**AI** $7.0M](https://millionrounds.com/benchmarks/seed/ai)[**United States** $9.0M](https://millionrounds.com/benchmarks/seed/united-states)[**United Kingdom** $3.1M](https://millionrounds.com/benchmarks/seed/united-kingdom)[**Fintech** $5.0M](https://millionrounds.com/benchmarks/seed/fintech)[**Healthcare** $4.9M](https://millionrounds.com/benchmarks/seed/healthcare)[**Software** $5.0M](https://millionrounds.com/benchmarks/seed/software)[**Biotech** $7.3M](https://millionrounds.com/benchmarks/seed/biotech)[**Robotics** $8.8M](https://millionrounds.com/benchmarks/seed/robotics)[**Cybersecurity** $10M](https://millionrounds.com/benchmarks/seed/cybersecurity)[**SaaS** $4.0M](https://millionrounds.com/benchmarks/seed/saas)[**Big Data & Analytics** $7.5M](https://millionrounds.com/benchmarks/seed/big-data)[**Australia** $4.0M](https://millionrounds.com/benchmarks/seed/australia)[**Enterprise Software** $8.3M](https://millionrounds.com/benchmarks/seed/enterprise-software)[**Hardware & Electronics** $9.5M](https://millionrounds.com/benchmarks/seed/hardware)[**India** $2.5M](https://millionrounds.com/benchmarks/seed/india)[**Energy** $5.0M](https://millionrounds.com/benchmarks/seed/energy)[**Logistics** $4.0M](https://millionrounds.com/benchmarks/seed/logistics)[**Manufacturing** $4.4M](https://millionrounds.com/benchmarks/seed/manufacturing)[**Climate Tech** $4.4M](https://millionrounds.com/benchmarks/seed/climate)[**Defence Tech** $8.8M](https://millionrounds.com/benchmarks/seed/defensetech)[**Healthtech** $4.3M](https://millionrounds.com/benchmarks/seed/healthtech)

## Raising a 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 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.
