# Median Series B round in AI (2026)

> The median Series B round in AI is $55M, from 255 rounds announced in the last 12 months. Half raised between $38M and $120M.

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

Funding benchmark · last 12 months

# The typical Series B round in *AI*

From 255 Series B rounds announced in AI over the last twelve months, each read from a named source. Half of them raised between $38M and $120M.

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

Series B AI

Median round

**$55M**

$24M 1 in 10 below $38M – $120M middle half $250M 1 in 10 above

255 rounds counted · recounted nightly

Rounds counted **255** Series B rounds in AI, last 12 months

Against worldwide **+10%** vs the $50M worldwide median

Since last round **12 mo** median gap, from 85 companies we saw raise before

Lead named **89%** of these rounds name the investor who led

The trend

## Median Series B round, quarter by quarter

From $32M in 2024 Q4 to $60M in 2026 Q3. Quarters with fewer than five rounds are left blank.

$32M '24 Q4 21 rds

$55M '25 Q1 19 rds

$46M '25 Q2 26 rds

$44M '25 Q3 28 rds

$42M '25 Q4 36 rds

$60M '26 Q1 70 rds

$60M '26 Q2 63 rds

$60M '26 Q3 63 rds

Who leads

## The most active leads

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

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

Recent examples

## Series B rounds in AI, latest first

- [**Numeracle** 29 Oct 2026 · Edison Partners $28M -49%](https://millionrounds.com/company/numeracle)
- [**Collective** 29 Oct 2026 · General Catalyst $40M -27%](https://millionrounds.com/company/collective)
- [**Approaching.AI** 29 Oct 2026 · ICBC Investment $193M +251%](https://millionrounds.com/company/approaching-ai)
- [**Collective** 29 Oct 2026 · General Catalyst $100M +82%](https://millionrounds.com/company/collective)
- [**Infisical** 28 Oct 2026 · Elad Gil $40M -27%](https://millionrounds.com/company/infisical)
- [**Casap** 28 Oct 2026 · Base10 Partners $56M +2%](https://millionrounds.com/company/casap)
- [**Broccoli AI** 28 Oct 2026 · Khosla Ventures $52M -5%](https://millionrounds.com/company/broccoli-ai)
- [**Hive** 28 Oct 2026 · Frontier Growth $27M -51%](https://millionrounds.com/company/hive)

**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 AI

[**Pre-seed** $2.1M](https://millionrounds.com/benchmarks/pre-seed/ai)[**Seed** $7.0M](https://millionrounds.com/benchmarks/seed/ai)[**Series A** $21M](https://millionrounds.com/benchmarks/series-a/ai)[**Series C** $110M](https://millionrounds.com/benchmarks/series-c/ai)[**Series D** $150M](https://millionrounds.com/benchmarks/series-d/ai)[**Growth** $150M](https://millionrounds.com/benchmarks/growth/ai)

Series B elsewhere

[**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 in AI?

The median is $55M, from 255 Series B rounds announced in AI in the last twelve months. Half of them raised between $38M and $120M; one in ten raised more than $250M.

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.
