# Median Series B round size (2026), worldwide

> The median Series B round worldwide is $50M, from 427 rounds announced in the last 12 months. Half raised between $30M and $100M.

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

Funding benchmark · last 12 months

# The typical Series B round *worldwide*

From 427 Series B rounds announced worldwide over the last twelve months, each read from a named source. Half of them raised between $30M and $100M.

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

Series B Worldwide

Median round

**$50M**

$18M 1 in 10 below $30M – $100M middle half $200M 1 in 10 above

427 rounds counted · recounted nightly

Rounds counted **427** Series B rounds worldwide, last 12 months

Biggest 10% **$200M+** the top tenth of Series B rounds

Since last round **12 mo** median gap, from 137 companies we saw raise before

Lead named **86%** of these rounds name the investor who led

The trend

## Median Series B round, quarter by quarter

From $32M in 2024 Q4 to $55M in 2026 Q3. Quarters with fewer than five rounds are left blank.

$32M '24 Q4 64 rds

$41M '25 Q1 72 rds

$50M '25 Q2 68 rds

$40M '25 Q3 77 rds

$39M '25 Q4 74 rds

$50M '26 Q1 116 rds

$54M '26 Q2 110 rds

$55M '26 Q3 100 rds

Who leads

## The most active leads

The firms that led the most Series B rounds worldwide this year.

- [1 **General Catalyst** 9 led](https://millionrounds.com/fund/general-catalyst)
- [2 **Accel** 7 led](https://millionrounds.com/fund/accel)
- [3 **Lightspeed Venture Partners** 6 led](https://millionrounds.com/fund/lightspeed-venture-partners)
- [4 **Index Ventures** 6 led](https://millionrounds.com/fund/index-ventures)
- [5 **Insight Partners** 6 led](https://millionrounds.com/fund/insight-venture-partners)
- [6 **Battery Ventures** 6 led](https://millionrounds.com/fund/battery-ventures)

Recent examples

## Series B rounds worldwide, latest first

- [**Numeracle** 29 Oct 2026 · Edison Partners $28M -44%](https://millionrounds.com/company/numeracle)
- [**Collective** 29 Oct 2026 · General Catalyst $40M -20%](https://millionrounds.com/company/collective)
- [**Approaching.AI** 29 Oct 2026 · ICBC Investment $193M +286%](https://millionrounds.com/company/approaching-ai)
- [**Collective** 29 Oct 2026 · General Catalyst $100M +100%](https://millionrounds.com/company/collective)
- [**Broccoli AI** 28 Oct 2026 · Khosla Ventures $52M +4%](https://millionrounds.com/company/broccoli-ai)
- [**NeuroXess** 28 Oct 2026 · Shenzhen Capital Group Co. $105M +110%](https://millionrounds.com/company/neuroxess)
- [**Casap** 28 Oct 2026 · Base10 Partners $56M +12%](https://millionrounds.com/company/casap)
- [**Infisical** 28 Oct 2026 · Elad Gil $40M -20%](https://millionrounds.com/company/infisical)

**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 worldwide

[**Pre-seed** $2.0M](https://millionrounds.com/benchmarks/pre-seed)[**Seed** $5.5M](https://millionrounds.com/benchmarks/seed)[**Series A** $20M](https://millionrounds.com/benchmarks/series-a)[**Series C** $100M](https://millionrounds.com/benchmarks/series-c)[**Series D** $158M](https://millionrounds.com/benchmarks/series-d)[**Growth** $108M](https://millionrounds.com/benchmarks/growth)

Series B elsewhere

[**AI** $55M](https://millionrounds.com/benchmarks/series-b/ai)[**United States** $60M](https://millionrounds.com/benchmarks/series-b/united-states)[**Fintech** $40M](https://millionrounds.com/benchmarks/series-b/fintech)[**United Kingdom** $43M](https://millionrounds.com/benchmarks/series-b/united-kingdom)[**Healthcare** $46M](https://millionrounds.com/benchmarks/series-b/healthcare)[**Biotech** $63M](https://millionrounds.com/benchmarks/series-b/biotech)[**Construction** $40M](https://millionrounds.com/benchmarks/series-b/construction)[**Cybersecurity** $58M](https://millionrounds.com/benchmarks/series-b/cybersecurity)[**Robotics** $63M](https://millionrounds.com/benchmarks/series-b/robotics)[**Enterprise Software** $49M](https://millionrounds.com/benchmarks/series-b/enterprise-software)

## Raising a Series B 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 B round worldwide?

The median is $50M, from 427 Series B rounds announced worldwide in the last twelve months. Half of them raised between $30M and $100M; one in ten raised more than $200M.

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.
