# Median Series B round in the United States (2026) > The median Series B round in the United States is $60M, from 222 rounds announced in the last 12 months. Half raised between $40M and $110M. Source: https://millionrounds.com/benchmarks/series-b/united-states (Millionrounds; every figure on the page links to its filing or article) Funding benchmark · last 12 months # The typical Series B round in the *United States* From 222 Series B rounds announced in the United States over the last twelve months, each read from a named source. Half of them raised between $40M and $110M. See the rounds[All benchmarks](https://millionrounds.com/benchmarks) Series B United States Median round **$60M** $25M 1 in 10 below $40M – $110M middle half $250M 1 in 10 above 222 rounds counted · recounted nightly Rounds counted **222** Series B rounds in the United States, last 12 months Against worldwide **+20%** vs the $50M worldwide median Since last round **12 mo** median gap, from 72 companies we saw raise before Lead named **91%** of these rounds name the investor who led The trend ## Median Series B round, quarter by quarter From $38M in 2024 Q4 to $63M in 2026 Q3. Quarters with fewer than five rounds are left blank. $38M '24 Q4 28 rds $63M '25 Q1 33 rds $50M '25 Q2 35 rds $40M '25 Q3 37 rds $50M '25 Q4 39 rds $64M '26 Q1 58 rds $75M '26 Q2 61 rds $63M '26 Q3 50 rds Who leads ## The most active leads The firms that led the most Series B rounds in the United States this year. - [1 **General Catalyst** 8 led](https://millionrounds.com/fund/general-catalyst) - [2 **Andreessen Horowitz** 5 led](https://millionrounds.com/fund/andreessen-horowitz) - [3 **Accel** 5 led](https://millionrounds.com/fund/accel) - [4 **Index Ventures** 5 led](https://millionrounds.com/fund/index-ventures) - [5 **Battery Ventures** 5 led](https://millionrounds.com/fund/battery-ventures) - [6 **New Enterprise Associates** 4 led](https://millionrounds.com/fund/new-enterprise-associates) Recent examples ## Series B rounds in the United States, latest first - [**Numeracle** 29 Oct 2026 Edison Partners $28M -53%](https://millionrounds.com/company/numeracle) - [**Collective** 29 Oct 2026 General Catalyst $100M +67%](https://millionrounds.com/company/collective) - [**Collective** 29 Oct 2026 General Catalyst $40M -33%](https://millionrounds.com/company/collective) - [**Infisical** 28 Oct 2026 Elad Gil $40M -33%](https://millionrounds.com/company/infisical) - [**Broccoli AI** 28 Oct 2026 Khosla Ventures $52M -13%](https://millionrounds.com/company/broccoli-ai) - [**Hive** 28 Oct 2026 Frontier Growth $27M -55%](https://millionrounds.com/company/hive) - [**Casap** 28 Oct 2026 Base10 Partners $56M -7%](https://millionrounds.com/company/casap) - [**Nevis** 26 Oct 2026 EQT Ventures $70M +17%](https://millionrounds.com/company/nevis) **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 the United States [**Pre-seed** $3.0M](https://millionrounds.com/benchmarks/pre-seed/united-states)[**Seed** $9.0M](https://millionrounds.com/benchmarks/seed/united-states)[**Series A** $25M](https://millionrounds.com/benchmarks/series-a/united-states)[**Series C** $100M](https://millionrounds.com/benchmarks/series-c/united-states)[**Series D** $190M](https://millionrounds.com/benchmarks/series-d/united-states)[**Growth** $200M](https://millionrounds.com/benchmarks/growth/united-states) Series B elsewhere [**AI** $55M](https://millionrounds.com/benchmarks/series-b/ai)[**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 the United States? The median is $60M, from 222 Series B rounds announced in the United States in the last twelve months. Half of them raised between $40M and $110M; 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.