Funding benchmark · last 12 months

The typical Series A round in Healthcare

From 87 Series A rounds announced in Healthcare over the last twelve months, each read from a named source. Half of them raised between $13M and $32M.

See the roundsAll benchmarks

Series AHealthcare
Median round$20M
$9.1M1 in 10 below$13M – $32Mmiddle half$51M1 in 10 above

87 rounds counted · recounted nightly

Rounds counted87Series A rounds in Healthcare, last 12 months
Against worldwide0%vs the $20M worldwide median
Since last round18 momedian gap, from 15 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 $16M in 2024 Q4 to $21M in 2026 Q3. Quarters with fewer than five rounds are left blank.

$16M'24 Q410 rds
$16M'25 Q116 rds
$27M'25 Q213 rds
$21M'25 Q324 rds
$20M'25 Q418 rds
$16M'26 Q114 rds
$20M'26 Q232 rds
$21M'26 Q312 rds

Who leads

The most active leads

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

  1. 1Andreessen Horowitz2 led
  2. 2Spark Capital2 led
  3. 3New Enterprise Associates1 led
  4. 4General Catalyst1 led
  5. 5Founders Fund1 led
  6. 6Bessemer Venture Partners1 led

Recent examples

Series A rounds in Healthcare, 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 Healthcare

Seed$4.9MSeries B$46MSeries C$56M

Series A elsewhere

AI$21MUnited States$25MFintech$16MUnited 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 Healthcare?

The median is $20M, from 87 Series A rounds announced in Healthcare in the last twelve months. Half of them raised between $13M and $32M; one in ten raised more than $51M.

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.