Funding benchmark · last 12 months

The typical seed round in the United States

From 292 seed rounds announced in the United States over the last twelve months, each read from a named source. Half of them raised between $5.0M and $15M.

See the rounds All benchmarks

Seed United States

Median round$9.0M

$3.2M1 in 10 below$5.0M – $15Mmiddle half$35M1 in 10 above

292 rounds counted · recounted nightly

Rounds counted292seed rounds in the United States, last 12 months

Against worldwide+64%vs the $5.5M worldwide median

Since last round36 momedian gap, from 34 companies we saw raise before

Lead named86%of these rounds name the investor who led

The trend

Median seed round, quarter by quarter

From $5.5M in 2024 Q4 to $11M in 2026 Q3. Quarters with fewer than five rounds are left blank.

$5.5M'24 Q439 rds

$7.1M'25 Q132 rds

$6.7M'25 Q245 rds

$6.5M'25 Q361 rds

$8.2M'25 Q462 rds

$8.4M'26 Q149 rds

$10M'26 Q261 rds

$11M'26 Q360 rds

Who leads

The most active leads

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

Recent examples

Seed rounds in the United States, 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.

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Q&A

How big is a typical seed round in the United States?

The median is $9.0M, from 292 seed rounds announced in the United States in the last twelve months. Half of them raised between $5.0M and $15M; one in ten raised more than $35M.

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.