Funding benchmark · last 12 months

The typical Series A round in Financial Services

From 33 Series A rounds announced in Financial Services over the last twelve months, each read from a named source. Half of them raised between $13M and $30M.

See the roundsAll benchmarks

Series AFinancial Services
Median round$20M
$8.3M1 in 10 below$13M – $30Mmiddle half$39M1 in 10 above

33 rounds counted · recounted nightly

Rounds counted33Series A rounds in Financial Services, last 12 months
Against worldwide0%vs the $20M worldwide median
Since last round-too few earlier rounds on record
Lead named91%of these rounds name the investor who led

The trend

Median Series A round, quarter by quarter

From $10M in 2024 Q4 to $10M in 2026 Q3. Quarters with fewer than five rounds are left blank.

$10M'24 Q47 rds
$11M'25 Q17 rds
'25 Q23 rds
'25 Q33 rds
$37M'25 Q48 rds
$15M'26 Q111 rds
$19M'26 Q210 rds
$10M'26 Q35 rds

Who leads

The most active leads

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

  1. 1Andreessen Horowitz2 led
  2. 2Google Ventures2 led
  3. 3Sequoia Capital1 led
  4. 4Accel1 led
  5. 5Bessemer Venture Partners1 led
  6. 6Foundation Capital1 led

Recent examples

Series A rounds in Financial Services, 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.

Series A elsewhere

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Q&A

How big is a typical Series A round in Financial Services?

The median is $20M, from 33 Series A rounds announced in Financial Services in the last twelve months. Half of them raised between $13M and $30M; one in ten raised more than $39M.

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.