# Median Series C round in AI (2026)

> The median Series C round in AI is $110M, from 124 rounds announced in the last 12 months. Half raised between $67M and $235M.

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

Funding benchmark · last 12 months

# The typical Series C round in *AI*

From 124 Series C rounds announced in AI over the last twelve months, each read from a named source. Half of them raised between $67M and $235M.

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

Series C AI

Median round

**$110M**

$40M 1 in 10 below $67M – $235M middle half $600M 1 in 10 above

124 rounds counted · recounted nightly

Rounds counted **124** Series C rounds in AI, last 12 months

Against worldwide **+10%** vs the $100M worldwide median

Since last round **13 mo** median gap, from 53 companies we saw raise before

Lead named **85%** of these rounds name the investor who led

The trend

## Median Series C round, quarter by quarter

From $100M in 2024 Q4 to $142M in 2026 Q3. Quarters with fewer than five rounds are left blank.

$100M '24 Q4 13 rds

$70M '25 Q1 19 rds

$75M '25 Q2 8 rds

$178M '25 Q3 12 rds

$108M '25 Q4 20 rds

$100M '26 Q1 27 rds

$100M '26 Q2 29 rds

$142M '26 Q3 42 rds

Who leads

## The most active leads

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

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

Recent examples

## Series C rounds in AI, latest first

- [**Serval** 30 Oct 2026 · Sequoia Capital $150M +36%](https://millionrounds.com/company/serval)
- [**Fractile** 30 Oct 2026 · Not named $768M +599%](https://millionrounds.com/company/fractile)
- [**Archera** 27 Oct 2026 · Pivot Investment Partners $15M -86%](https://millionrounds.com/company/archera)
- [**Bedrock Robotics** 27 Oct 2026 · Emergence Capital $600M +445%](https://millionrounds.com/company/bedrock-robotics)
- [**Promaxo** 22 Oct 2026 · Not named $100M -9%](https://millionrounds.com/company/promaxo)
- [**Kaminashi** 21 Oct 2026 · Incubate Fund $14M -87%](https://millionrounds.com/company/kaminashi)
- [**CureBay** 21 Oct 2026 · IvyCap Ventures $11M -90%](https://millionrounds.com/company/curebay)
- [**ASI** 20 Oct 2026 · Spark Capital $325M +195%](https://millionrounds.com/company/asi)

**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 B** $55M](https://millionrounds.com/benchmarks/series-b/ai)[**Series D** $150M](https://millionrounds.com/benchmarks/series-d/ai)[**Growth** $150M](https://millionrounds.com/benchmarks/growth/ai)

Series C elsewhere

[**United States** $100M](https://millionrounds.com/benchmarks/series-c/united-states)[**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 in AI?

The median is $110M, from 124 Series C rounds announced in AI in the last twelve months. Half of them raised between $67M and $235M; one in ten raised more than $600M.

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.
