# Median Series A round in Construction (2026) > The median Series A round in Construction is $23M, from 61 rounds announced in the last 12 months. Half raised between $13M and $50M. Source: https://millionrounds.com/benchmarks/series-a/construction (Millionrounds; every figure on the page links to its filing or article) Funding benchmark · last 12 months # The typical Series A round in *Construction* From 61 Series A rounds announced in Construction over the last twelve months, each read from a named source. Half of them raised between $13M and $50M. See the rounds[All benchmarks](https://millionrounds.com/benchmarks) Series A Construction Median round **$23M** $6.0M 1 in 10 below $13M – $50M middle half $176M 1 in 10 above 61 rounds counted · recounted nightly Rounds counted **61** Series A rounds in Construction, last 12 months Against worldwide **+15%** vs the $20M worldwide median Since last round **-** too few earlier rounds on record Lead named **93%** of these rounds name the investor who led The trend ## Median Series A round, quarter by quarter From $28M in 2024 Q4 to $27M in 2026 Q3. Quarters with fewer than five rounds are left blank. $28M '24 Q4 7 rds $18M '25 Q1 6 rds $23M '25 Q2 5 rds $21M '25 Q3 7 rds $17M '25 Q4 11 rds $15M '26 Q1 14 rds $29M '26 Q2 17 rds $27M '26 Q3 18 rds Who leads ## The most active leads The firms that led the most Series A rounds in Construction this year. - [1 **CoinFund** 3 led](https://millionrounds.com/fund/coinfund) - [2 **Andreessen Horowitz** 2 led](https://millionrounds.com/fund/andreessen-horowitz) - [3 **8VC** 2 led](https://millionrounds.com/fund/8vc) - [4 **Accel** 1 led](https://millionrounds.com/fund/accel) - [5 **Lightspeed Venture Partners** 1 led](https://millionrounds.com/fund/lightspeed-venture-partners) - [6 **Khosla Ventures** 1 led](https://millionrounds.com/fund/khosla-ventures) Recent examples ## Series A rounds in Construction, latest first - [**Hyperbolic** 27 Oct 2026 · Walden Catalyst $30M +30%](https://millionrounds.com/company/hyperbolic) - [**Concretene** 26 Oct 2026 · PXN Equity Finance $6.0M -74%](https://millionrounds.com/company/concretene) - [**Mach9** 21 Oct 2026 · Bessemer Venture Partners $34M +48%](https://millionrounds.com/company/mach9) - [**Fragment** 16 Oct 2026 · FirstMark $12M -48%](https://millionrounds.com/company/fragment) - [**HyLight** 12 Oct 2026 · Rubio Impact Ventures $15M -37%](https://millionrounds.com/company/hylight) - [**Penelope Health** 18 Sept 2026 · Thoreau $100M +335%](https://millionrounds.com/company/penelope-health) - [**EUCLYD** 15 Sept 2026 · Innovation Industries $231M +904%](https://millionrounds.com/company/euclyd) - [**Pluggy** 27 Aug 2026 · DGF Investimentos $3.5M -85%](https://millionrounds.com/company/pluggy) **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 [**Seed** $5.2M](https://millionrounds.com/benchmarks/seed/construction)[**Series B** $40M](https://millionrounds.com/benchmarks/series-b/construction) Series A elsewhere [**AI** $21M](https://millionrounds.com/benchmarks/series-a/ai)[**United States** $25M](https://millionrounds.com/benchmarks/series-a/united-states)[**Fintech** $16M](https://millionrounds.com/benchmarks/series-a/fintech)[**Healthcare** $20M](https://millionrounds.com/benchmarks/series-a/healthcare)[**United Kingdom** $14M](https://millionrounds.com/benchmarks/series-a/united-kingdom)[**Robotics** $28M](https://millionrounds.com/benchmarks/series-a/robotics)[**Biotech** $32M](https://millionrounds.com/benchmarks/series-a/biotech)[**Cybersecurity** $25M](https://millionrounds.com/benchmarks/series-a/cybersecurity)[**Big Data & Analytics** $21M](https://millionrounds.com/benchmarks/series-a/big-data)[**Software** $18M](https://millionrounds.com/benchmarks/series-a/software)[**Energy** $26M](https://millionrounds.com/benchmarks/series-a/energy)[**Manufacturing** $19M](https://millionrounds.com/benchmarks/series-a/manufacturing)[**Enterprise Software** $21M](https://millionrounds.com/benchmarks/series-a/enterprise-software)[**India** $10M](https://millionrounds.com/benchmarks/series-a/india)[**Logistics** $13M](https://millionrounds.com/benchmarks/series-a/logistics)[**Defence Tech** $25M](https://millionrounds.com/benchmarks/series-a/defensetech)[**Hardware & Electronics** $25M](https://millionrounds.com/benchmarks/series-a/hardware)[**Financial Services** $20M](https://millionrounds.com/benchmarks/series-a/financial-services)[**Climate Tech** $15M](https://millionrounds.com/benchmarks/series-a/climate)[**Australia** $15M](https://millionrounds.com/benchmarks/series-a/australia)[**Healthtech** $13M](https://millionrounds.com/benchmarks/series-a/healthtech)[**SaaS** $17M](https://millionrounds.com/benchmarks/series-a/saas) ## Raising a Series A 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 Series A round in Construction? The median is $23M, from 61 Series A rounds announced in Construction in the last twelve months. Half of them raised between $13M and $50M; one in ten raised more than $176M. 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.