# Median Series A round in Enterprise Software (2026)

> The median Series A round in Enterprise Software is $21M, from 45 rounds announced in the last 12 months. Half raised between $15M and $30M.

Source: https://millionrounds.com/benchmarks/series-a/enterprise-software (Millionrounds; every figure on the page links to its filing or article)

Funding benchmark · last 12 months

# The typical Series A round in *Enterprise Software*

From 45 Series A rounds announced in Enterprise Software over the last twelve months, each read from a named source. Half of them raised between $15M and $30M.

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

Series A Enterprise Software

Median round

**$21M**

$13M 1 in 10 below $15M – $30M middle half $50M 1 in 10 above

45 rounds counted · recounted nightly

Rounds counted **45** Series A rounds in Enterprise Software, last 12 months

Against worldwide **+5%** 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 $16M in 2024 Q4 to $22M in 2026 Q3. Quarters with fewer than five rounds are left blank.

$16M '24 Q4 6 rds

'25 Q1 0 rds

$23M '25 Q2 5 rds

$16M '25 Q3 7 rds

$25M '25 Q4 7 rds

$19M '26 Q1 10 rds

$20M '26 Q2 13 rds

$22M '26 Q3 9 rds

Who leads

## The most active leads

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

- [1 **Balderton Capital** 3 led](https://millionrounds.com/fund/balderton-capital)
- [2 **New Enterprise Associates** 2 led](https://millionrounds.com/fund/new-enterprise-associates)
- [3 **Alstin Capital** 2 led](https://millionrounds.com/fund/alstin-capital)
- [4 **NTT Venture Capital** 2 led](https://millionrounds.com/fund/ntt-venture-capital)
- [5 **Andreessen Horowitz** 1 led](https://millionrounds.com/fund/andreessen-horowitz)
- [6 **Google Ventures** 1 led](https://millionrounds.com/fund/gv)

Recent examples

## Series A rounds in Enterprise Software, latest first

- [**Bites** 29 Oct 2026 · PeakSpan Capital $40M +90%](https://millionrounds.com/company/bites)
- [**Fragment** 28 Oct 2026 · 8VC $56M +167%](https://millionrounds.com/company/fragment)
- [**Avante** 27 Oct 2026 · Frist Cressey Ventures $30M +43%](https://millionrounds.com/company/avante)
- [**AuxoAI** 21 Oct 2026 · NTT Venture Capital $21M -1%](https://millionrounds.com/company/auxoai)
- [**OneByZero** 5 Oct 2026 · Jungle Ventures $20M -5%](https://millionrounds.com/company/onebyzero)
- [**Trebellar** 26 Sept 2026 · Blossom Capital $18M -14%](https://millionrounds.com/company/trebellar)
- [**Synapse Analytics** 14 Sept 2026 · Partech Ventures $13M -38%](https://millionrounds.com/company/synapse-analytics)
- [**Euno** 9 Sept 2026 · N47 $23M +10%](https://millionrounds.com/company/euno)

**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 Enterprise Software

[**Seed** $8.3M](https://millionrounds.com/benchmarks/seed/enterprise-software)[**Series B** $49M](https://millionrounds.com/benchmarks/series-b/enterprise-software)

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)[**Construction** $23M](https://millionrounds.com/benchmarks/series-a/construction)[**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)[**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?

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[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 Enterprise Software?

The median is $21M, from 45 Series A rounds announced in Enterprise Software in the last twelve months. Half of them raised between $15M and $30M; one in ten raised more than $50M.

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.
