# Median seed round in Software (2026) > The median seed round in Software is $5.0M, from 63 rounds announced in the last 12 months. Half raised between $2.2M and $8.9M. Source: https://millionrounds.com/benchmarks/seed/software (Millionrounds; every figure on the page links to its filing or article) Funding benchmark · last 12 months # The typical seed round in *Software* From 63 seed rounds announced in Software over the last twelve months, each read from a named source. Half of them raised between $2.2M and $8.9M. See the rounds[All benchmarks](https://millionrounds.com/benchmarks) Seed Software Median round **$5.0M** $1.0M 1 in 10 below $2.2M – $8.9M middle half $19M 1 in 10 above 63 rounds counted · recounted nightly Rounds counted **63** seed rounds in Software, last 12 months Against worldwide **-9%** vs the $5.5M worldwide median Since last round **-** too few earlier rounds on record Lead named **86%** of these rounds name the investor who led The trend ## Median seed round, quarter by quarter From $6.0M in 2024 Q4 to $3.0M in 2026 Q3. Quarters with fewer than five rounds are left blank. $6.0M '24 Q4 13 rds $5.3M '25 Q1 7 rds $4.0M '25 Q2 7 rds $10M '25 Q3 11 rds $4.5M '25 Q4 11 rds $5.0M '26 Q1 12 rds $8.4M '26 Q2 12 rds $3.0M '26 Q3 12 rds Who leads ## The most active leads The firms that led the most seed rounds in Software this year. - [1 **Costanoa Ventures** 2 led](https://millionrounds.com/fund/costanoa-ventures) - [2 **SET Ventures** 2 led](https://millionrounds.com/fund/set-ventures) - [3 **Y Combinator** 1 led](https://millionrounds.com/fund/y-combinator) - [4 **New Enterprise Associates** 1 led](https://millionrounds.com/fund/new-enterprise-associates) - [5 **Accel** 1 led](https://millionrounds.com/fund/accel) - [6 **Lightspeed Venture Partners** 1 led](https://millionrounds.com/fund/lightspeed-venture-partners) Recent examples ## Seed rounds in Software, latest first - [**CYTO** 30 Oct 2026 · Not named $40K -99%](https://millionrounds.com/company/cyto) - [**&Truth** 29 Oct 2026 · Not named $70M +1300%](https://millionrounds.com/company/truth) - [**MineMind** 23 Oct 2026 · Not named $1.0M -80%](https://millionrounds.com/company/minemind) - [**TruAgents** 21 Oct 2026 · ManchesterStory Group $3.4M -32%](https://millionrounds.com/company/truagents) - [**Punch** 16 Oct 2026 · Gutter Capital $2.0M -60%](https://millionrounds.com/company/punch) - [**Othello** 14 Oct 2026 · A16z Speedrun $8.0M +60%](https://millionrounds.com/company/othello) - [**Scuba** 13 Oct 2026 · Accel $34M +580%](https://millionrounds.com/company/scuba) - [**Satlyt** 1 Oct 2026 · Non Sibi Ventures $8.0M +60%](https://millionrounds.com/company/satlyt) **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 [**Pre-seed** $2.0M](https://millionrounds.com/benchmarks/pre-seed/software)[**Series A** $18M](https://millionrounds.com/benchmarks/series-a/software) 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)[**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)[**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 Software? The median is $5.0M, from 63 seed rounds announced in Software in the last twelve months. Half of them raised between $2.2M and $8.9M; one in ten raised more than $19M. 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.