# Median Series A round in Software (2026) > The median Series A round in Software is $18M, from 50 rounds announced in the last 12 months. Half raised between $13M and $33M. Source: https://millionrounds.com/benchmarks/series-a/software (Millionrounds; every figure on the page links to its filing or article) Funding benchmark · last 12 months # The typical Series A round in *Software* From 50 Series A rounds announced in Software over the last twelve months, each read from a named source. Half of them raised between $13M and $33M. See the rounds[All benchmarks](https://millionrounds.com/benchmarks) Series A Software Median round **$18M** $8.9M 1 in 10 below $13M – $33M middle half $46M 1 in 10 above 50 rounds counted · recounted nightly Rounds counted **50** Series A rounds in Software, last 12 months Against worldwide **-11%** vs the $20M worldwide median Since last round **-** too few earlier rounds on record Lead named **92%** of these rounds name the investor who led The trend ## Median Series A round, quarter by quarter From $17M in 2024 Q4 to $18M in 2026 Q3. Quarters with fewer than five rounds are left blank. $17M '24 Q4 11 rds $12M '25 Q1 9 rds $15M '25 Q2 9 rds $28M '25 Q3 8 rds $25M '25 Q4 9 rds $18M '26 Q1 13 rds $20M '26 Q2 6 rds $18M '26 Q3 10 rds Who leads ## The most active leads The firms that led the most Series A rounds in Software this year. - [1 **Lightspeed Venture Partners** 2 led](https://millionrounds.com/fund/lightspeed-venture-partners) - [2 **Nexus Venture Partners** 2 led](https://millionrounds.com/fund/nexus-venture-partners) - [3 **Standard Capital** 2 led](https://millionrounds.com/fund/standard-capital) - [4 **Sequoia Capital** 1 led](https://millionrounds.com/fund/sequoia-capital) - [5 **Khosla Ventures** 1 led](https://millionrounds.com/fund/khosla-ventures) - [6 **Bessemer Venture Partners** 1 led](https://millionrounds.com/fund/bessemer-venture-partners) Recent examples ## Series A rounds in Software, latest first - [**Reflex** 29 Oct 2026 · Standard Capital $14M -21%](https://millionrounds.com/company/reflex) - [**Plato** 28 Oct 2026 · Nava Ventures $16M -10%](https://millionrounds.com/company/plato) - [**Hyphenate** 27 Oct 2026 · Nexus Venture Partners $45M +154%](https://millionrounds.com/company/hyphenate) - [**Vera Health** 27 Oct 2026 · Threshold $29M +61%](https://millionrounds.com/company/vera-health) - [**VECKTA** 20 Oct 2026 · Origin Ventures $11M -38%](https://millionrounds.com/company/veckta) - [**Meticulous** 9 Oct 2026 · Chemistry $15M -15%](https://millionrounds.com/company/meticulous) - [**Santé** 7 Oct 2026 · FINTOP $15M -15%](https://millionrounds.com/company/sante) - [**Avarra** 6 Oct 2026 · Duration Ventures $17M -4%](https://millionrounds.com/company/avarra) **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 Software [**Pre-seed** $2.0M](https://millionrounds.com/benchmarks/pre-seed/software)[**Seed** $5.0M](https://millionrounds.com/benchmarks/seed/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)[**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)[**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 Software? The median is $18M, from 50 Series A rounds announced in Software in the last twelve months. Half of them raised between $13M and $33M; one in ten raised more than $46M. 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.