# Median seed round in SaaS (2026)

> The median seed round in SaaS is $4.0M, from 54 rounds announced in the last 12 months. Half raised between $2.1M and $6.9M.

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

Funding benchmark · last 12 months

# The typical seed round in *SaaS*

From 54 seed rounds announced in SaaS over the last twelve months, each read from a named source. Half of them raised between $2.1M and $6.9M.

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

Seed SaaS

Median round

**$4.0M**

$1.0M 1 in 10 below $2.1M – $6.9M middle half $10M 1 in 10 above

54 rounds counted · recounted nightly

Rounds counted **54** seed rounds in SaaS, last 12 months

Against worldwide **-27%** vs the $5.5M worldwide median

Since last round **14 mo** median gap, from 10 companies we saw raise before

Lead named **91%** of these rounds name the investor who led

The trend

## Median seed round, quarter by quarter

From $2.3M in 2024 Q4 to $4.0M in 2026 Q3. Quarters with fewer than five rounds are left blank.

$2.3M '24 Q4 9 rds

$5.3M '25 Q1 11 rds

$4.7M '25 Q2 12 rds

$3.5M '25 Q3 9 rds

$3.3M '25 Q4 10 rds

$5.8M '26 Q1 6 rds

$7.7M '26 Q2 10 rds

$4.0M '26 Q3 17 rds

Who leads

## The most active leads

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

- [1 **Blackbird Ventures** 2 led](https://millionrounds.com/fund/blackbird-ventures-2)
- [2 **Hi Inov - Dentressangle** 2 led](https://millionrounds.com/fund/hi-inov-dentressangle)
- [3 **Y Combinator** 1 led](https://millionrounds.com/fund/y-combinator)
- [4 **General Catalyst** 1 led](https://millionrounds.com/fund/general-catalyst)
- [5 **Khosla Ventures** 1 led](https://millionrounds.com/fund/khosla-ventures)
- [6 **Global Founders Capital** 1 led](https://millionrounds.com/fund/global-founders-capital)

Recent examples

## Seed rounds in SaaS, latest first

- [**Fronted** 29 Oct 2026 · Kaknäs Invest $1.9M -53%](https://millionrounds.com/company/fronted)
- [**reebuild** 13 Oct 2026 · Fortino Ventures $3.4M -17%](https://millionrounds.com/company/reebuild)
- [**Comparables.ai** 6 Oct 2026 · Araya Ventures $6.0M +49%](https://millionrounds.com/company/comparables-ai)
- [**Klang** 28 Sept 2026 · Johan Lenander $1.5M -63%](https://millionrounds.com/company/klang)
- [**OneClickComply** 24 Sept 2026 · North East Accelerate Fund $1.3M -68%](https://millionrounds.com/company/oneclickcomply)
- [**Thri5** 21 Sept 2026 · Whitecap Venture Partners $5.4M +34%](https://millionrounds.com/company/thri5)
- [**Creem** 17 Sept 2026 · Inovo VC $5.7M +42%](https://millionrounds.com/company/creem)
- [**ReFresh** 17 Sept 2026 · Black Nova Venture Capital $2.5M -38%](https://millionrounds.com/company/refresh)

**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 SaaS

[**Series A** $17M](https://millionrounds.com/benchmarks/series-a/saas)

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)[**Construction** $5.2M](https://millionrounds.com/benchmarks/seed/construction)[**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 SaaS?

The median is $4.0M, from 54 seed rounds announced in SaaS in the last twelve months. Half of them raised between $2.1M and $6.9M; one in ten raised more than $10M.

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.
