# Median Series A round in SaaS (2026)

> The median Series A round in SaaS is $17M, from 30 rounds announced in the last 12 months. Half raised between $10M and $25M.

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

Funding benchmark · last 12 months

# The typical Series A round in *SaaS*

From 30 Series A rounds announced in SaaS over the last twelve months, each read from a named source. Half of them raised between $10M and $25M.

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

Series A SaaS

Median round

**$17M**

$6.4M 1 in 10 below $10M – $25M middle half $30M 1 in 10 above

30 rounds counted · recounted nightly

Rounds counted **30** Series A rounds in SaaS, last 12 months

Against worldwide **-14%** vs the $20M worldwide median

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

Lead named **90%** of these rounds name the investor who led

The trend

## Median Series A round, quarter by quarter

From $12M in 2024 Q4 to $19M in 2026 Q3. Quarters with fewer than five rounds are left blank.

$12M '24 Q4 7 rds

$17M '25 Q1 8 rds

$21M '25 Q2 6 rds

'25 Q3 3 rds

$14M '25 Q4 6 rds

$18M '26 Q1 10 rds

'26 Q2 1 rds

$19M '26 Q3 8 rds

Who leads

## The most active leads

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

- [1 **Insight Partners** 2 led](https://millionrounds.com/fund/insight-venture-partners)
- [2 **Andreessen Horowitz** 1 led](https://millionrounds.com/fund/andreessen-horowitz)
- [3 **Battery Ventures** 1 led](https://millionrounds.com/fund/battery-ventures)
- [4 **B Capital** 1 led](https://millionrounds.com/fund/b-capital)
- [5 **Partech Ventures** 1 led](https://millionrounds.com/fund/partech)
- [6 **Crosslink Capital** 1 led](https://millionrounds.com/fund/crosslink-capital)

Recent examples

## Series A rounds in SaaS, latest first

- [**Easol** 28 Oct 2026 · Not named $30M +74%](https://millionrounds.com/company/easol)
- [**CapitalOS** 21 Oct 2026 · LGVP $22M +27%](https://millionrounds.com/company/capitalos)
- [**DrizzleX** 20 Oct 2026 · Israel Investment Fund Group $6.8M -61%](https://millionrounds.com/company/drizzlex)
- [**Sharp Performance** 15 Oct 2026 · Hidden Variable $18M +4%](https://millionrounds.com/company/sharp-performance)
- [**Clueso** 13 Oct 2026 · Dharana Capital $10M -42%](https://millionrounds.com/company/clueso)
- [**IPercept** 29 Sept 2026 · Isogon Ventures $17M -4%](https://millionrounds.com/company/ipercept)
- [**Graph AI** 10 Sept 2026 · Insight Partners $13M -23%](https://millionrounds.com/company/graph-ai)
- [**Inspira** 30 Jul 2026 · Cloud9 Capital $2.8M -84%](https://millionrounds.com/company/inspira)

**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 SaaS

[**Seed** $4.0M](https://millionrounds.com/benchmarks/seed/saas)

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)[**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)

## 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 SaaS?

The median is $17M, from 30 Series A rounds announced in SaaS in the last twelve months. Half of them raised between $10M and $25M; one in ten raised more than $30M.

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.
