Funding benchmark · last 12 months

The typical Series B round in Healthcare

From 37 Series B rounds announced in Healthcare over the last twelve months, each read from a named source. Half of them raised between $23M and $100M.

See the roundsAll benchmarks

Series BHealthcare
Median round$46M
$11M1 in 10 below$23M – $100Mmiddle half$151M1 in 10 above

37 rounds counted · recounted nightly

Rounds counted37Series B rounds in Healthcare, last 12 months
Against worldwide-8%vs the $50M worldwide median
Since last round-too few earlier rounds on record
Lead named81%of these rounds name the investor who led

The trend

Median Series B round, quarter by quarter

From $33M in 2024 Q4 to $50M in 2026 Q3. Quarters with fewer than five rounds are left blank.

$33M'24 Q47 rds
$63M'25 Q17 rds
$40M'25 Q27 rds
$70M'25 Q38 rds
$33M'25 Q410 rds
$40M'26 Q110 rds
$86M'26 Q210 rds
$50M'26 Q35 rds

Who leads

The most active leads

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

  1. 1New Enterprise Associates1 led
  2. 2Khosla Ventures1 led
  3. 3Bessemer Venture Partners1 led
  4. 4Redpoint1 led
  5. 5Canaan1 led
  6. 6Shenzhen Capital Group Co.1 led

Recent examples

Series B 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 A$20MSeries C$56M

Series B elsewhere

AI$55MUnited States$60MFintech$40MUnited Kingdom$43MBiotech$63MConstruction$40MCybersecurity$58MRobotics$63MEnterprise Software$49M

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Q&A

How big is a typical Series B round in Healthcare?

The median is $46M, from 37 Series B rounds announced in Healthcare in the last twelve months. Half of them raised between $23M and $100M; one in ten raised more than $151M.

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.