# Median Series A round in Financial Services (2026)

> The median Series A round in Financial Services is $20M, from 33 rounds announced in the last 12 months. Half raised between $13M and $30M.

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

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

Series A Financial Services

Median round

**$20M**

$8.3M 1 in 10 below $13M – $30M middle half $39M 1 in 10 above

33 rounds counted · recounted nightly

Rounds counted **33** Series A rounds in Financial Services, last 12 months

Against worldwide **0%** vs the $20M worldwide median

Since last round **-** too few earlier rounds on record

Lead named **91%** 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 Q4 7 rds

$11M '25 Q1 7 rds

'25 Q2 3 rds

'25 Q3 3 rds

$37M '25 Q4 8 rds

$15M '26 Q1 11 rds

$19M '26 Q2 10 rds

$10M '26 Q3 5 rds

Who leads

## The most active leads

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

- [1 **Andreessen Horowitz** 2 led](https://millionrounds.com/fund/andreessen-horowitz)
- [2 **Google Ventures** 2 led](https://millionrounds.com/fund/gv)
- [3 **Sequoia Capital** 1 led](https://millionrounds.com/fund/sequoia-capital)
- [4 **Accel** 1 led](https://millionrounds.com/fund/accel)
- [5 **Bessemer Venture Partners** 1 led](https://millionrounds.com/fund/bessemer-venture-partners)
- [6 **Foundation Capital** 1 led](https://millionrounds.com/fund/foundation-capital)

Recent examples

## Series A rounds in Financial Services, latest first

- [**Hyphenate** 27 Oct 2026 · Nexus Venture Partners $45M +125%](https://millionrounds.com/company/hyphenate)
- [**CapitalOS** 21 Oct 2026 · LGVP $22M +10%](https://millionrounds.com/company/capitalos)
- [**IPID** 5 Oct 2026 · Foundation Capital $16M -20%](https://millionrounds.com/company/ipid)
- [**Sav** 7 Sept 2026 · Phoenix VC $3.5M -82%](https://millionrounds.com/company/sav)
- [**Pluggy** 27 Aug 2026 · DGF Investimentos $3.5M -82%](https://millionrounds.com/company/pluggy)
- [**Trovy** 24 Jun 2026 · Left Lane Capital $15M -25%](https://millionrounds.com/company/trovy)
- [**Vixtra** 23 Jun 2026 · Valor Capital Group $9.6M -52%](https://millionrounds.com/company/vixtra)
- [**Blnk** 9 Jun 2026 · Algebra Ventures $37M +86%](https://millionrounds.com/company/blnk)

**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).

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)[**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)[**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 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.
