Funding benchmark · last 12 months

The typical Series A round in AI

From 478 Series A rounds announced in AI over the last twelve months, each read from a named source. Half of them raised between $14M and $38M.

See the roundsAll benchmarks

Series AAI
Median round$21M
$9.6M1 in 10 below$14M – $38Mmiddle half$97M1 in 10 above

478 rounds counted · recounted nightly

Rounds counted478Series A rounds in AI, last 12 months
Against worldwide+5%vs the $20M worldwide median
Since last round14 momedian gap, from 79 companies we saw raise before
Lead named89%of these rounds name the investor who led

The trend

Median Series A round, quarter by quarter

From $18M in 2024 Q4 to $22M in 2026 Q3. Quarters with fewer than five rounds are left blank.

$18M'24 Q438 rds
$19M'25 Q140 rds
$18M'25 Q247 rds
$23M'25 Q366 rds
$22M'25 Q479 rds
$20M'26 Q1131 rds
$23M'26 Q2109 rds
$22M'26 Q396 rds

Who leads

The most active leads

The firms that led the most Series A rounds in AI this year.

  1. 1Andreessen Horowitz14 led
  2. 2Sequoia Capital8 led
  3. 3Accel8 led
  4. 4Lightspeed Venture Partners8 led
  5. 5Bessemer Venture Partners7 led
  6. 6Khosla Ventures6 led

Recent examples

Series A rounds in AI, 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 AI

Pre-seed$2.1MSeed$7.0MSeries B$55MSeries C$110MSeries D$150MGrowth$150M

Series A elsewhere

United States$25MFintech$16MHealthcare$20MUnited Kingdom$14MRobotics$28MBiotech$32MConstruction$23MCybersecurity$25MBig Data & Analytics$21MSoftware$18MEnergy$26MManufacturing$19MEnterprise Software$21MIndia$10MLogistics$13MDefence Tech$25MHardware & Electronics$25MFinancial Services$20MClimate Tech$15MAustralia$15MHealthtech$13MSaaS$17M

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Q&A

How big is a typical Series A round in AI?

The median is $21M, from 478 Series A rounds announced in AI in the last twelve months. Half of them raised between $14M and $38M; one in ten raised more than $97M.

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.