# Median Series C round size (2026), worldwide

> The median Series C round worldwide is $100M, from 238 rounds announced in the last 12 months. Half raised between $51M and $200M.

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

Funding benchmark · last 12 months

# The typical Series C round *worldwide*

From 238 Series C rounds announced worldwide over the last twelve months, each read from a named source. Half of them raised between $51M and $200M.

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

Series C Worldwide

Median round

**$100M**

$33M 1 in 10 below $51M – $200M middle half $479M 1 in 10 above

238 rounds counted · recounted nightly

Rounds counted **238** Series C rounds worldwide, last 12 months

Biggest 10% **$479M+** the top tenth of Series C rounds

Since last round **16 mo** median gap, from 104 companies we saw raise before

Lead named **84%** of these rounds name the investor who led

The trend

## Median Series C round, quarter by quarter

From $75M in 2024 Q4 to $125M in 2026 Q3. Quarters with fewer than five rounds are left blank.

$75M '24 Q4 34 rds

$80M '25 Q1 37 rds

$100M '25 Q2 31 rds

$100M '25 Q3 27 rds

$100M '25 Q4 37 rds

$96M '26 Q1 55 rds

$85M '26 Q2 59 rds

$125M '26 Q3 74 rds

Who leads

## The most active leads

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

- [1 **Insight Partners** 7 led](https://millionrounds.com/fund/insight-venture-partners)
- [2 **Sequoia Capital** 5 led](https://millionrounds.com/fund/sequoia-capital)
- [3 **Menlo Ventures** 5 led](https://millionrounds.com/fund/menlo-ventures)
- [4 **Andreessen Horowitz** 4 led](https://millionrounds.com/fund/andreessen-horowitz)
- [5 **General Catalyst** 4 led](https://millionrounds.com/fund/general-catalyst)
- [6 **Lightspeed Venture Partners** 4 led](https://millionrounds.com/fund/lightspeed-venture-partners)

Recent examples

## Series C rounds worldwide, latest first

- [**Serval** 30 Oct 2026 · Sequoia Capital $150M +50%](https://millionrounds.com/company/serval)
- [**Fractile** 30 Oct 2026 · Not named $768M +668%](https://millionrounds.com/company/fractile)
- [**PhotonPay** 29 Oct 2026 · Blockchain Capital $40M -60%](https://millionrounds.com/company/photonpay)
- [**Open Cosmos** 28 Oct 2026 · ETF Partners $334M +234%](https://millionrounds.com/company/open-cosmos)
- [**Bedrock Robotics** 27 Oct 2026 · Emergence Capital $600M +500%](https://millionrounds.com/company/bedrock-robotics)
- [**Archera** 27 Oct 2026 · Pivot Investment Partners $15M -85%](https://millionrounds.com/company/archera)
- [**Amogy** 26 Oct 2026 · The Export-Import Bank of Korea $20M -80%](https://millionrounds.com/company/amogy)
- [**Promaxo** 22 Oct 2026 · Not named $100M at median](https://millionrounds.com/company/promaxo)

**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 B** $50M](https://millionrounds.com/benchmarks/series-b)[**Series D** $158M](https://millionrounds.com/benchmarks/series-d)[**Growth** $108M](https://millionrounds.com/benchmarks/growth)

Series C elsewhere

[**United States** $100M](https://millionrounds.com/benchmarks/series-c/united-states)[**AI** $110M](https://millionrounds.com/benchmarks/series-c/ai)[**Fintech** $66M](https://millionrounds.com/benchmarks/series-c/fintech)[**Healthcare** $56M](https://millionrounds.com/benchmarks/series-c/healthcare)

## Raising a Series C 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 C round worldwide?

The median is $100M, from 238 Series C rounds announced worldwide in the last twelve months. Half of them raised between $51M and $200M; one in ten raised more than $479M.

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.
